Gap in GDP per hour worked with respect to the United States in Latvia
Latvia: Gap in GDP per hour worked with respect to the United States was -57.3 Percentage in 2016. ▲ Rising
Gap in GDP per hour worked with respect to the United States in Latvia, 1995–2016
Source: OECD (2017) – processed by Our World in Data. Measured in Percentage.
Analysis
In 2016, gap in gdp per hour worked with respect to the united states in Latvia stood at -57.3 Percentage. That is the highest value across all 22 years on record.
That represents a change of up 1.5% on the previous year and up 14.3% over ten years.
Over the whole period, gap in gdp per hour worked with respect to the united states in Latvia peaked at -57.3 Percentage in 2016 and was at its lowest, -77.87 Percentage, in 1996.
Latvia ranks 32nd of 36 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Gap in GDP per hour worked with respect to the United States in Latvia, year by year
| Year | Percentage | Change |
|---|---|---|
| 1995 | -77.67 Percentage | — |
| 1996 | -77.87 Percentage | +0.3% |
| 1997 | -77.27 Percentage | -0.8% |
| 1998 | -76.14 Percentage | -1.5% |
| 1999 | -75.83 Percentage | -0.4% |
| 2000 | -74.48 Percentage | -1.8% |
| 2001 | -73.41 Percentage | -1.4% |
| 2002 | -71.67 Percentage | -2.4% |
| 2003 | -70.79 Percentage | -1.2% |
| 2004 | -68.9 Percentage | -2.7% |
| 2005 | -67.64 Percentage | -1.8% |
| 2006 | -66.82 Percentage | -1.2% |
| 2007 | -64.28 Percentage | -3.8% |
| 2008 | -65.11 Percentage | +1.3% |
| 2009 | -65.59 Percentage | +0.7% |
| 2010 | -63.53 Percentage | -3.1% |
| 2011 | -61.52 Percentage | -3.2% |
| 2012 | -60.2 Percentage | -2.1% |
| 2013 | -59.46 Percentage | -1.2% |
| 2014 | -58.45 Percentage | -1.7% |
| 2015 | -58.17 Percentage | -0.5% |
| 2016 | -57.3 Percentage | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -76.96 Percentage | -77.87 Percentage | -75.83 Percentage | 5 |
| 2000s | -68.87 Percentage | -74.48 Percentage | -64.28 Percentage | 10 |
| 2010s | -59.8 Percentage | -63.53 Percentage | -57.3 Percentage | 7 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Households and NPISHs Final consumption expenditure (current LCU) 4.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5099 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 13,417 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7513 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3809 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,022 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 11.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8052 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 21,187 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 6.37 % change on previous year (2025)
Frequently asked questions
- What is gap in gdp per hour worked with respect to the united states in Latvia?
- Gap in gdp per hour worked with respect to the united states in Latvia was -57.3 Percentage in 2016, according to OECD (2017) – processed by Our World in Data.
- What is the highest gap in gdp per hour worked with respect to the united states recorded in Latvia?
- The highest recorded value was -57.3 Percentage in 2016.
- What is the lowest gap in gdp per hour worked with respect to the united states recorded in Latvia?
- The lowest recorded value was -77.87 Percentage in 1996.
- How does Latvia rank for gap in gdp per hour worked with respect to the united states?
- Latvia ranks 32nd out of 36 countries with data for 2016.
- Is gap in gdp per hour worked with respect to the united states rising or falling in Latvia?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from OECD (2017) – processed by Our World in Data, published as part of Gap in GDP per hour worked with respect to the United States. Statizoid updates them automatically from the source API.
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About this data
Figure illustrates the gap in GDP per hour worked with respect to the United States. The gap is calculated by taking a country's GDP per hour worked minus that of the US, divided by US GDP per hour worked. A positive gap suggests the country is more productive (has higher GDP per hour worked) than the US.