The general government final consumption expenditure of Latvia in 2023 amounted to 8 604 million USD, which is 10.48% more than in 2022, when it was 7 788 million USD. This is the first year of growth after a decline. Over the entire data period, since 1995, this indicator has increased in 6.31 times. The lowest government consumption expenditure in the service sector was recorded in 1996, when it was 1 311 million USD. The maximum value of Latvia was in 2023, when it reached 8 604 million USD.
The general government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
General government consumption | Latvia – yearly data, chart and table
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Primary data
Change
Per capita
Per month
Per 1000 km2 surface area
PPP
In constant 2015 dollars
In local currency (average annual exchange rate)
Percent of GDP
Percent of GNI
Percent of total consumption
Table
Chart
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Overview
Additional infomation:
About indicator
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
