General government final consumption expenditure rose 16.6% to USD 8,212 bil in Latvia in 2021, according to the National Statistical Office.
Historically, general government final consumption expenditure in Latvia reached an all time high of USD 8,212 bil in 2021 and an all time low of USD 0.561 bil in 1987. When compared to Latvia's main peers, general government final consumption expenditure in Belarus amounted to USD 11,301 bil, USD 7,366 bil in Estonia, USD 11,645 bil in Lithuania and USD 316,024 bil in Russia in 2021.
Latvia has been ranked 80th within the group of 150 countries we follow in terms of general government final consumption expenditure, 9 places above the position seen 10 years ago.
General Government Final Consumption Expenditure (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belarus | USD bil | 8,424 | 7,470 | 8,566 | 9,449 | 10,849 | ||||||||||||||||
China | USD bil | 1,793,950 | 1,838,186 | 2,009,657 | 2,297,620 | 2,394,818 | ||||||||||||||||
Estonia | USD bil | 4,481 | 4,748 | 5,185 | 5,858 | 6,073 | ||||||||||||||||
Finland | USD bil | 57,190 | 56,993 | 58,255 | 63,141 | 62,264 | ||||||||||||||||
Germany | USD bil | 661,168 | 690,543 | 732,281 | 790,232 | 787,165 | ||||||||||||||||
Japan | USD bil | 871,995 | 983,585 | 957,164 | 986,186 | 1,020,901 | ||||||||||||||||
Latvia | USD bil | 5,007 | 5,093 | 5,576 | 6,262 | 6,674 | ||||||||||||||||
Lithuania | USD bil | 7,132 | 7,318 | 7,784 | 8,800 | 9,249 | ||||||||||||||||
Poland | USD bil | 85,975 | 84,373 | 92,831 | 103,924 | 107,421 | ||||||||||||||||
Russia | USD bil | 242,228 | 235,770 | 286,769 | 293,519 | 306,477 | ||||||||||||||||
USA | USD bil | 2,608,983 | 2,663,108 | 2,726,560 | 2,866,932 | 3,008,779 | ||||||||||||||||
Ukraine | USD bil | 17,227 | 17,366 | 23,184 | 27,188 | 28,900 |