DEC alternative conversion factor in Latvia
Latvia: DEC alternative conversion factor was 0.885 LCU per US$ in 2025. ▲ Rising
DEC alternative conversion factor in Latvia, 1995–2025
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$, in 2008.
Latvia ranks 180th of 214 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7967 LCU per US$ | 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
- 178 Bulgaria 0.8871 LCU per US$ compare
- 179 Saint Martin (French part) 0.885 LCU per US$ compare
- 180 Andorra 0.885 LCU per US$ compare
- 180 Austria 0.885 LCU per US$ compare
- 180 Belgium 0.885 LCU per US$ compare
- 180 Croatia 0.885 LCU per US$ compare
- 180 Cyprus 0.885 LCU per US$ compare
- 180 Estonia 0.885 LCU per US$ compare
- 180 Finland 0.885 LCU per US$ compare
- 180 France 0.885 LCU per US$ compare
- 180 Germany 0.885 LCU per US$ compare
- 180 Greece 0.885 LCU per US$ compare
- 180 Italy 0.885 LCU per US$ compare
- 180 Lithuania 0.885 LCU per US$ compare
- 180 Monaco 0.885 LCU per US$ compare
- 180 Montenegro 0.885 LCU per US$ compare
- 180 Netherlands 0.885 LCU per US$ compare
- 180 Portugal 0.885 LCU per US$ compare
- 180 San Marino 0.885 LCU per US$ compare
- 180 Slovakia 0.885 LCU per US$ compare
- 180 Slovenia 0.885 LCU per US$ compare
- 180 Spain 0.885 LCU per US$ compare
More economy & growth data for Latvia
- External balance on goods and services as a percent of GDP -4.6% (2025)
- Inflation of consumer prices 3.7% (2025)
- GDP per capita 16,892 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 31.21 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 16,892 constant 2015 US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Taxes less subsidies on products 6.35 billion current US$ (2025)
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 180th out of 214 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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About this data
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.