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DEC alternative conversion factor (LCU per US$) (DEC International) in Latvia

Latvia: DEC alternative conversion factor (LCU per US$) (DEC International) was 0.885 LCU per US$ in 2025. ▲ Rising

Latest (2025)
0.885 LCU per US$
Change on year
down 4.2%
World rank
182nd
of 215 countries
All-time high
0.9496 LCU per US$
in 2022
All-time low
0.6841 LCU per US$
in 2008
Years of data
31
1995–2025

DEC alternative conversion factor in Latvia, 1995–2025

00.20.40.60.811995201020251995: 0.701 LCU per US$1996: 0.784 LCU per US$1997: 0.827 LCU per US$1998: 0.839 LCU per US$1999: 0.833 LCU per US$2000: 0.863 LCU per US$2001: 0.893 LCU per US$2002: 0.88 LCU per US$2003: 0.813 LCU per US$2004: 0.769 LCU per US$2005: 0.803 LCU per US$2006: 0.797 LCU per US$2007: 0.731 LCU per US$2008: 0.684 LCU per US$2009: 0.719 LCU per US$2010: 0.755 LCU per US$2011: 0.719 LCU per US$2012: 0.778 LCU per US$2013: 0.753 LCU per US$2014: 0.753 LCU per US$2015: 0.901 LCU per US$2016: 0.903 LCU per US$2017: 0.885 LCU per US$2018: 0.847 LCU per US$2019: 0.893 LCU per US$2020: 0.876 LCU per US$2021: 0.845 LCU per US$2022: 0.95 LCU per US$2023: 0.925 LCU per US$2024: 0.924 LCU per US$2025: 0.885 LCU per US$

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.

Analysis

Latvia recorded 0.885 LCU per US$ for dec alternative conversion factor in 2025.

Compared with earlier readings it is down 4.2% on the previous year and down 1.8% over ten years.

Over the whole period, dec alternative conversion factor in Latvia peaked at 0.9496 LCU per US$ in 2022 and was at its lowest, 0.6841 LCU per US$, in 2008.

Latvia ranks 182nd of 215 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 31 years of available data.

DEC alternative conversion factor (LCU per US$) (DEC International) in Latvia, year by year

Year LCU per US$ Change
1995 0.7012 LCU per US$ —
1996 0.7836 LCU per US$ +11.8%
1997 0.8266 LCU per US$ +5.5%
1998 0.8393 LCU per US$ +1.5%
1999 0.8326 LCU per US$ -0.8%
2000 0.863 LCU per US$ +3.7%
2001 0.8934 LCU per US$ +3.5%
2002 0.8796 LCU per US$ -1.5%
2003 0.8131 LCU per US$ -7.6%
2004 0.7687 LCU per US$ -5.5%
2005 0.8035 LCU per US$ +4.5%
2006 0.7974 LCU per US$ -0.8%
2007 0.7311 LCU per US$ -8.3%
2008 0.6841 LCU per US$ -6.4%
2009 0.7194 LCU per US$ +5.2%
2010 0.755 LCU per US$ +5.0%
2011 0.7194 LCU per US$ -4.7%
2012 0.7783 LCU per US$ +8.2%
2013 0.7532 LCU per US$ -3.2%
2014 0.7527 LCU per US$ -0.1%
2015 0.9013 LCU per US$ +19.7%
2016 0.9034 LCU per US$ +0.2%
2017 0.8852 LCU per US$ -2.0%
2018 0.8468 LCU per US$ -4.3%
2019 0.8933 LCU per US$ +5.5%
2020 0.8755 LCU per US$ -2.0%
2021 0.8455 LCU per US$ -3.4%
2022 0.9496 LCU per US$ +12.3%
2023 0.9248 LCU per US$ -2.6%
2024 0.9239 LCU per US$ -0.1%
2025 0.885 LCU per US$ -4.2%

Latvia compared with similar countries

  • Latvia's 0.885 LCU per US$ is below the median for high income countries, which is 1 LCU per US$, 88% of the median. (83 countries reporting)
  • Latvia's 0.885 LCU per US$ is below the median for Europe & Central Asia, which is 0.8871 LCU per US$, 100% of the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7967 LCU per US$ 0.7012 LCU per US$ 0.8393 LCU per US$ 5
2000s 0.7953 LCU per US$ 0.6841 LCU per US$ 0.8934 LCU per US$ 10
2010s 0.8189 LCU per US$ 0.7194 LCU per US$ 0.9034 LCU per US$ 10
2020s 0.9007 LCU per US$ 0.8455 LCU per US$ 0.9496 LCU per US$ 6

Countries ranked near Latvia

  1. 179 Montenegro 0.8871 LCU per US$ compare
  2. 179 Kosovo (UNSCR 1244) 0.8871 LCU per US$ compare
  3. 181 Saint Martin (French Part) 0.885 LCU per US$ compare
  4. 182 Andorra 0.885 LCU per US$ compare
  5. 182 Austria 0.885 LCU per US$ compare
  6. 182 Belgium 0.885 LCU per US$ compare
  7. 182 Croatia 0.885 LCU per US$ compare
  8. 182 Cyprus 0.885 LCU per US$ compare
  9. 182 Estonia 0.885 LCU per US$ compare
  10. 182 Finland 0.885 LCU per US$ compare
  11. 182 France 0.885 LCU per US$ compare
  12. 182 Germany 0.885 LCU per US$ compare
  13. 182 Greece 0.885 LCU per US$ compare
  14. 182 Ireland 0.885 LCU per US$ compare
  15. 182 Italy 0.885 LCU per US$ compare
  16. 182 Kosovo 0.885 LCU per US$ compare
  17. 182 Lithuania 0.885 LCU per US$ compare
  18. 182 Luxembourg 0.885 LCU per US$ compare
  19. 182 Malta 0.885 LCU per US$ compare
  20. 182 Monaco 0.885 LCU per US$ compare
  21. 182 Netherlands 0.885 LCU per US$ compare
  22. 182 Portugal 0.885 LCU per US$ compare
  23. 182 San Marino 0.885 LCU per US$ compare
  24. 182 Slovakia 0.885 LCU per US$ compare
  25. 182 Slovenia 0.885 LCU per US$ compare
  26. 182 Spain 0.885 LCU per US$ compare

See the full ranking of 216 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is dec alternative conversion factor in Latvia?
Dec alternative conversion factor in Latvia was 0.885 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest dec alternative conversion factor recorded in Latvia?
The highest recorded value was 0.9496 LCU per US$ in 2022.
What is the lowest dec alternative conversion factor recorded in Latvia?
The lowest recorded value was 0.6841 LCU per US$ in 2008.
How does Latvia rank for dec alternative conversion factor?
Latvia ranks 182nd out of 215 countries with data for 2025.
Is dec alternative conversion factor rising or falling in Latvia?
Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.

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Relationships involving this indicator

Comparisons with other indicators across countries. Each was re-measured with population and national income held constant, so a relationship that only reflected country size is not listed here.

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DEC alternative conversion factor in Latvia. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 07 November 2026, from https://economy.statizoid.com/stat/dec-alternative-conversion-factor-lcu-per-us/latvia/

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About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
216 places, 12,675 data points, 1960–2025
Last refreshed

The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.