Latvia - Gross national expenditure
Gross national expenditure (current US$)
The latest value for Gross national expenditure (current US$) in Latvia was $33,312,110,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $40,393,950,000 in 2008 and $6,063,651,000 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 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | $6,063,651,000 |
| 1996 | $6,513,508,000 |
| 1997 | $7,117,986,000 |
| 1998 | $8,032,010,000 |
| 1999 | $8,272,727,000 |
| 2000 | $8,592,896,000 |
| 2001 | $9,229,320,000 |
| 2002 | $10,524,890,000 |
| 2003 | $13,245,620,000 |
| 2004 | $16,645,950,000 |
| 2005 | $19,434,290,000 |
| 2006 | $26,022,680,000 |
| 2007 | $36,970,240,000 |
| 2008 | $40,393,950,000 |
| 2009 | $26,935,000,000 |
| 2010 | $24,456,370,000 |
| 2011 | $29,103,800,000 |
| 2012 | $29,674,440,000 |
| 2013 | $31,523,980,000 |
| 2014 | $32,310,150,000 |
| 2015 | $27,732,980,000 |
| 2016 | $27,993,790,000 |
| 2017 | $30,680,510,000 |
| 2018 | $34,669,830,000 |
| 2019 | $34,550,710,000 |
| 2020 | $33,312,110,000 |
Gross national expenditure (current LCU)
The value for Gross national expenditure (current LCU) in Latvia was 29,164,960,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 30,863,330,000 in 2019 and a minimum value of 4,251,832,000 in 1995.
Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 4,251,832,000 |
| 1996 | 5,103,985,000 |
| 1997 | 5,883,727,000 |
| 1998 | 6,741,266,000 |
| 1999 | 6,887,872,000 |
| 2000 | 7,415,669,000 |
| 2001 | 8,245,475,000 |
| 2002 | 9,257,694,000 |
| 2003 | 10,770,010,000 |
| 2004 | 12,795,740,000 |
| 2005 | 15,615,450,000 |
| 2006 | 20,750,490,000 |
| 2007 | 27,028,940,000 |
| 2008 | 27,633,500,000 |
| 2009 | 19,377,040,000 |
| 2010 | 18,465,660,000 |
| 2011 | 20,935,970,000 |
| 2012 | 23,095,430,000 |
| 2013 | 23,742,570,000 |
| 2014 | 24,320,760,000 |
| 2015 | 24,995,630,000 |
| 2016 | 25,290,190,000 |
| 2017 | 27,158,560,000 |
| 2018 | 29,357,460,000 |
| 2019 | 30,863,330,000 |
| 2020 | 29,164,960,000 |
Gross national expenditure (constant 2010 US$)
The latest value for Gross national expenditure (constant 2010 US$) in Latvia was 31,162,560,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 34,702,290,000 in 2007 and 12,969,280,000 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 constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 12,969,280,000 |
| 1996 | 13,728,640,000 |
| 1997 | 14,468,320,000 |
| 1998 | 15,937,850,000 |
| 1999 | 16,308,720,000 |
| 2000 | 16,583,460,000 |
| 2001 | 18,078,560,000 |
| 2002 | 19,139,460,000 |
| 2003 | 21,283,240,000 |
| 2004 | 23,830,270,000 |
| 2005 | 26,070,470,000 |
| 2006 | 30,901,780,000 |
| 2007 | 34,702,290,000 |
| 2008 | 31,680,950,000 |
| 2009 | 24,579,480,000 |
| 2010 | 23,400,800,000 |
| 2011 | 25,402,890,000 |
| 2012 | 26,557,110,000 |
| 2013 | 26,918,090,000 |
| 2014 | 26,919,250,000 |
| 2015 | 27,732,980,000 |
| 2016 | 28,333,330,000 |
| 2017 | 29,664,820,000 |
| 2018 | 31,278,940,000 |
| 2019 | 32,312,090,000 |
| 2020 | 31,162,560,000 |
Gross national expenditure (constant LCU)
The value for Gross national expenditure (constant LCU) in Latvia was 28,086,700,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 31,277,050,000 in 2007 and a minimum value of 11,689,170,000 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 constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 11,689,170,000 |
| 1996 | 12,373,570,000 |
| 1997 | 13,040,240,000 |
| 1998 | 14,364,720,000 |
| 1999 | 14,698,990,000 |
| 2000 | 14,946,610,000 |
| 2001 | 16,294,140,000 |
| 2002 | 17,250,330,000 |
| 2003 | 19,182,510,000 |
| 2004 | 21,478,130,000 |
| 2005 | 23,497,230,000 |
| 2006 | 27,851,660,000 |
| 2007 | 31,277,050,000 |
| 2008 | 28,553,930,000 |
| 2009 | 22,153,400,000 |
| 2010 | 21,091,060,000 |
| 2011 | 22,895,530,000 |
| 2012 | 23,935,830,000 |
| 2013 | 24,261,180,000 |
| 2014 | 24,262,220,000 |
| 2015 | 24,995,630,000 |
| 2016 | 25,536,730,000 |
| 2017 | 26,736,800,000 |
| 2018 | 28,191,600,000 |
| 2019 | 29,122,770,000 |
| 2020 | 28,086,700,000 |
Gross national expenditure (% of GDP)
Gross national expenditure (% of GDP) in Latvia was 98.83 as of 2020. Its highest value over the past 25 years was 120.64 in 2006, while its lowest value was 98.83 in 2020.
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).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 104.74 |
| 1996 | 109.01 |
| 1997 | 109.04 |
| 1998 | 112.08 |
| 1999 | 109.81 |
| 2000 | 107.97 |
| 2001 | 110.37 |
| 2002 | 110.13 |
| 2003 | 112.52 |
| 2004 | 115.31 |
| 2005 | 114.30 |
| 2006 | 120.64 |
| 2007 | 119.05 |
| 2008 | 112.66 |
| 2009 | 101.98 |
| 2010 | 102.09 |
| 2011 | 105.93 |
| 2012 | 105.34 |
| 2013 | 104.37 |
| 2014 | 102.94 |
| 2015 | 101.72 |
| 2016 | 99.68 |
| 2017 | 100.65 |
| 2018 | 100.70 |
| 2019 | 100.71 |
| 2020 | 98.83 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
