Latvia LV: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

Latvia LV: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 23,716.710 EUR mn in 2022. This records an increase from the previous number of 19,220.469 EUR mn for 2021. Latvia LV: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 11,817.183 EUR mn from Dec 1995 to 2022, with 28 observations. The data reached an all-time high of 23,716.710 EUR mn in 2022 and a record low of 2,659.967 EUR mn in 1995. Latvia LV: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

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