Latvia - Gross national expenditure (current LCU)
The value for Gross national expenditure (current LCU) in Latvia was 29,164,960,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 30,863,330,000 in 2019 and a minimum value of 4,251,832,000 in 1995.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 4,251,832,000 |
| 1996 | 5,103,985,000 |
| 1997 | 5,883,727,000 |
| 1998 | 6,741,266,000 |
| 1999 | 6,887,872,000 |
| 2000 | 7,415,669,000 |
| 2001 | 8,245,475,000 |
| 2002 | 9,257,694,000 |
| 2003 | 10,770,010,000 |
| 2004 | 12,795,740,000 |
| 2005 | 15,615,450,000 |
| 2006 | 20,750,490,000 |
| 2007 | 27,028,940,000 |
| 2008 | 27,633,500,000 |
| 2009 | 19,377,040,000 |
| 2010 | 18,465,660,000 |
| 2011 | 20,935,970,000 |
| 2012 | 23,095,430,000 |
| 2013 | 23,742,570,000 |
| 2014 | 24,320,760,000 |
| 2015 | 24,995,630,000 |
| 2016 | 25,290,190,000 |
| 2017 | 27,158,560,000 |
| 2018 | 29,357,460,000 |
| 2019 | 30,863,330,000 |
| 2020 | 29,164,960,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
