World Bank · Economy

Latvia: Final consumption expenditure (annual % growth)

2.44percent · 2025+33.1% since 2015

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars. Annual figures for Latvia from 1996 to 2025.