Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia
Latvia: Annual Purchasing Power Parities and exchange rates — Purchasing was 0.5047 National currency per US dollar in 2025. ▲ Rising
Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia, 1994–2025
Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.
Analysis
In 2025, annual purchasing power parities and exchange rates — purchasing in Latvia stood at 0.5047 National currency per US dollar.
The figure is up 1.6% on the previous year and down 5.2% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — purchasing in Latvia peaked at 0.6148 National currency per US dollar in 2008 and was at its lowest, 0.243 National currency per US dollar, in 1994.
The long-run direction has been consistently rising across the 32 years of available data.
Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1994 | 0.243 National currency per US dollar | — |
| 1995 | 0.2935 National currency per US dollar | +20.8% |
| 1996 | 0.3251 National currency per US dollar | +10.8% |
| 1997 | 0.3389 National currency per US dollar | +4.2% |
| 1998 | 0.3509 National currency per US dollar | +3.5% |
| 1999 | 0.3516 National currency per US dollar | +0.2% |
| 2000 | 0.3604 National currency per US dollar | +2.5% |
| 2001 | 0.3555 National currency per US dollar | -1.4% |
| 2002 | 0.368 National currency per US dollar | +3.5% |
| 2003 | 0.392 National currency per US dollar | +6.5% |
| 2004 | 0.4149 National currency per US dollar | +5.8% |
| 2005 | 0.4563 National currency per US dollar | +10.0% |
| 2006 | 0.518 National currency per US dollar | +13.5% |
| 2007 | 0.6017 National currency per US dollar | +16.2% |
| 2008 | 0.6148 National currency per US dollar | +2.2% |
| 2009 | 0.5552 National currency per US dollar | -9.7% |
| 2010 | 0.5159 National currency per US dollar | -7.1% |
| 2011 | 0.525 National currency per US dollar | +1.7% |
| 2012 | 0.5343 National currency per US dollar | +1.8% |
| 2013 | 0.5328 National currency per US dollar | -0.3% |
| 2014 | 0.5303 National currency per US dollar | -0.5% |
| 2015 | 0.5326 National currency per US dollar | +0.4% |
| 2016 | 0.5195 National currency per US dollar | -2.5% |
| 2017 | 0.5199 National currency per US dollar | +0.1% |
| 2018 | 0.4899 National currency per US dollar | -5.8% |
| 2019 | 0.4798 National currency per US dollar | -2.1% |
| 2020 | 0.4697 National currency per US dollar | -2.1% |
| 2021 | 0.4641 National currency per US dollar | -1.2% |
| 2022 | 0.4736 National currency per US dollar | +2.0% |
| 2023 | 0.4909 National currency per US dollar | +3.7% |
| 2024 | 0.4965 National currency per US dollar | +1.1% |
| 2025 | 0.5047 National currency per US dollar | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3172 National currency per US dollar | 0.243 National currency per US dollar | 0.3516 National currency per US dollar | 6 |
| 2000s | 0.4637 National currency per US dollar | 0.3555 National currency per US dollar | 0.6148 National currency per US dollar | 10 |
| 2010s | 0.518 National currency per US dollar | 0.4798 National currency per US dollar | 0.5343 National currency per US dollar | 10 |
| 2020s | 0.4833 National currency per US dollar | 0.4641 National currency per US dollar | 0.5047 National currency per US dollar | 6 |
Countries ranked near Latvia
- 7 Estonia 0.5846 National currency per US dollar compare
- 7 Cameroon 198.54 National currency per US dollar compare
- 8 Slovenia 0.5583 National currency per US dollar compare
- 8 Hungary 183.58 National currency per US dollar compare
- 9 Lithuania 0.5132 National currency per US dollar compare
- 9 Kazakhstan 162.33 National currency per US dollar compare
- 10 Iceland 151.37 National currency per US dollar compare
- 11 Japan 97.08 National currency per US dollar compare
- 12 Serbia 47.38 National currency per US dollar compare
- 13 Albania 40.48 National currency per US dollar compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual purchasing power parities and exchange rates — purchasing in Latvia?
- Annual purchasing power parities and exchange rates — purchasing in Latvia was 0.5047 National currency per US dollar in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Latvia?
- The highest recorded value was 0.6148 National currency per US dollar in 2008.
- What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Latvia?
- The lowest recorded value was 0.243 National currency per US dollar in 1994.
- How does Latvia rank for annual purchasing power parities and exchange rates — purchasing?
- Latvia ranks 10th out of 10 countries with data for 2025.
- Is annual purchasing power parities and exchange rates — purchasing rising or falling in Latvia?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for GDP. Statizoid updates them automatically from the source API.
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About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org