GDP (constant LCU), per unit of GDP (Country official) in Latvia
Latvia: GDP (constant LCU), per unit of GDP (Country official) was 0.6625 constant LCU per US$ of GDP in 2025. ▼ Falling
GDP (constant LCU), per unit of GDP in Latvia, 1995–2025
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 (Country official) in Latvia, year by year
| 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% |
Latvia compared with similar countries
- Latvia's 0.6625 constant LCU per US$ of GDP is below the median for high income countries, which is 0.9104 constant LCU per US$ of GDP, 73% of the median. (82 countries reporting)
- Latvia's 0.6625 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.7785 constant LCU per US$ of GDP, 85% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 193 Slovakia 0.6804 constant LCU per US$ of GDP compare
- 194 Cayman Islands 0.6742 constant LCU per US$ of GDP compare
- 195 Croatia 0.6638 constant LCU per US$ of GDP compare
- 197 Tajikistan 0.6438 constant LCU per US$ of GDP compare
- 198 United Kingdom 0.6226 constant LCU per US$ of GDP compare
- 199 Estonia 0.6191 constant LCU per US$ of GDP compare
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
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.
Download this data
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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
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.