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Latvia: Household consumption (% of GDP)

Percent of GDP · 1990–2025 · 36 observations · forecasts to 2027 · hcons_GDP

2025
57.6%percent of GDP
Change on 2024
−0.8 pointsfrom 58.4%
Average, 2016–2025
58.0%10 years
Record high and low
68.7% (1996)low 37.6% (1992)

Household consumption (% of GDP)

Report error
35%40%45%50%55%60%65%70%19901995200020052010201520202025LatviaLatvia
ForecastPercent of GDP

Compare with other countries →Definition of Household consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202756.9Forecast
202657.2Forecast
202557.6
202458.4
202358.0
202259.5
202155.6
202055.4
201957.4
201858.4
201759.4
201659.7

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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