GDP (constant LCU), per unit of GDP in Latvia

Latvia: GDP (constant LCU), per unit of GDP was 0.6625 constant LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.6625 constant LCU per US$ of GDP
Change on year
down 7.6%
World rank
196th
of 212 countries
All-time high
2.13 constant LCU per US$ of GDP
in 1995
All-time low
0.6625 constant LCU per US$ of GDP
in 2025
Years of data
31
1995–2025

GDP (constant LCU), per unit of GDP in Latvia, 1995–2025

0.511.521995201020251995: 2.1 constant LCU per US$ of GDP1996: 2.1 constant LCU per US$ of GDP1997: 2.1 constant LCU per US$ of GDP1998: 2 constant LCU per US$ of GDP1999: 2 constant LCU per US$ of GDP2000: 2 constant LCU per US$ of GDP2001: 2 constant LCU per US$ of GDP2002: 1.9 constant LCU per US$ of GDP2003: 1.7 constant LCU per US$ of GDP2004: 1.5 constant LCU per US$ of GDP2005: 1.4 constant LCU per US$ of GDP2006: 1.3 constant LCU per US$ of GDP2007: 0.989 constant LCU per US$ of GDP2008: 0.823 constant LCU per US$ of GDP2009: 0.918 constant LCU per US$ of GDP2010: 0.969 constant LCU per US$ of GDP2011: 0.881 constant LCU per US$ of GDP2012: 0.927 constant LCU per US$ of GDP2013: 0.88 constant LCU per US$ of GDP2014: 0.865 constant LCU per US$ of GDP2015: 1 constant LCU per US$ of GDP2016: 1 constant LCU per US$ of GDP2017: 0.981 constant LCU per US$ of GDP2018: 0.904 constant LCU per US$ of GDP2019: 0.915 constant LCU per US$ of GDP2020: 0.876 constant LCU per US$ of GDP2021: 0.819 constant LCU per US$ of GDP2022: 0.838 constant LCU per US$ of GDP2023: 0.737 constant LCU per US$ of GDP2024: 0.717 constant LCU per US$ of GDP2025: 0.663 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

Latvia recorded 0.6625 constant LCU per US$ of GDP for gdp (constant lcu), per unit of gdp in 2025. That is the lowest value across all 31 years on record.

That represents a change of down 7.6% on the previous year and down 35.8% over ten years.

Over the whole period, gdp (constant lcu), per unit of gdp in Latvia peaked at 2.13 constant LCU per US$ of GDP in 1995 and was at its lowest, 0.6625 constant LCU per US$ of GDP, in 2025.

Latvia ranks 196th of 212 countries on this measure, in the bottom quarter.

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

GDP (constant LCU), per unit of GDP in Latvia, year by year

Annual values for GDP (constant LCU), per unit of GDP in Latvia, 1995 to 2025.
Year constant LCU per US$ of GDP Change
1995 2.13 constant LCU per US$ of GDP
1996 2.11 constant LCU per US$ of GDP -1.1%
1997 2.1 constant LCU per US$ of GDP -0.3%
1998 2.04 constant LCU per US$ of GDP -3.0%
1999 2 constant LCU per US$ of GDP -2.1%
2000 1.99 constant LCU per US$ of GDP -0.1%
2001 2.01 constant LCU per US$ of GDP +0.9%
2002 1.92 constant LCU per US$ of GDP -4.7%
2003 1.71 constant LCU per US$ of GDP -10.8%
2004 1.51 constant LCU per US$ of GDP -11.6%
2005 1.43 constant LCU per US$ of GDP -5.4%
2006 1.29 constant LCU per US$ of GDP -10.0%
2007 0.9887 constant LCU per US$ of GDP -23.3%
2008 0.8233 constant LCU per US$ of GDP -16.7%
2009 0.9184 constant LCU per US$ of GDP +11.6%
2010 0.9686 constant LCU per US$ of GDP +5.5%
2011 0.8813 constant LCU per US$ of GDP -9.0%
2012 0.9268 constant LCU per US$ of GDP +5.2%
2013 0.8802 constant LCU per US$ of GDP -5.0%
2014 0.8652 constant LCU per US$ of GDP -1.7%
2015 1.03 constant LCU per US$ of GDP +19.3%
2016 1.03 constant LCU per US$ of GDP -0.4%
2017 0.9809 constant LCU per US$ of GDP -4.6%
2018 0.9045 constant LCU per US$ of GDP -7.8%
2019 0.9147 constant LCU per US$ of GDP +1.1%
2020 0.8755 constant LCU per US$ of GDP -4.3%
2021 0.8185 constant LCU per US$ of GDP -6.5%
2022 0.8381 constant LCU per US$ of GDP +2.4%
2023 0.7375 constant LCU per US$ of GDP -12.0%
2024 0.7168 constant LCU per US$ of GDP -2.8%
2025 0.6625 constant LCU per US$ of GDP -7.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.08 constant LCU per US$ of GDP 2 constant LCU per US$ of GDP 2.13 constant LCU per US$ of GDP 5
2000s 1.46 constant LCU per US$ of GDP 0.8233 constant LCU per US$ of GDP 2.01 constant LCU per US$ of GDP 10
2010s 0.9382 constant LCU per US$ of GDP 0.8652 constant LCU per US$ of GDP 1.03 constant LCU per US$ of GDP 10
2020s 0.7748 constant LCU per US$ of GDP 0.6625 constant LCU per US$ of GDP 0.8755 constant LCU per US$ of GDP 6

Countries ranked near Latvia

  1. 193 Slovakia 0.6804 constant LCU per US$ of GDP compare
  2. 194 Cayman Islands 0.6742 constant LCU per US$ of GDP compare
  3. 195 Croatia 0.6638 constant LCU per US$ of GDP compare
  4. 197 Tajikistan 0.6438 constant LCU per US$ of GDP compare
  5. 198 United Kingdom 0.6226 constant LCU per US$ of GDP compare
  6. 199 Estonia 0.6191 constant LCU per US$ of GDP compare

See the full ranking of 213 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gdp (constant lcu), per unit of gdp in Latvia?
Gdp (constant lcu), per unit of gdp in Latvia was 0.6625 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gdp (constant lcu), per unit of gdp recorded in Latvia?
The highest recorded value was 2.13 constant LCU per US$ of GDP in 1995.
What is the lowest gdp (constant lcu), per unit of gdp recorded in Latvia?
The lowest recorded value was 0.6625 constant LCU per US$ of GDP in 2025.
How does Latvia rank for gdp (constant lcu), per unit of gdp?
Latvia ranks 196th out of 212 countries with data for 2025.
Is gdp (constant lcu), per unit of gdp rising or falling in Latvia?
Over the last ten years it is down 35.8%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP (constant LCU), per unit of GDP in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gdp-constant-lcu-per-unit-of-gdp/latvia/

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How this figure is calculated

GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GDP (constant LCU) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
213 places, 11,512 data points, 1960–2025
Last refreshed

GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.