GDP Deflator — Value US$, 2015 prices, per square kilometre in Latvia
Latvia: GDP Deflator — Value US$, 2015 prices, per square kilometre was 0.0022 USD per square kilometre in 2023. ▲ Rising
GDP Deflator — Value US$, 2015 prices, per square kilometre in Latvia, 1992–2023
Source: Statizoid (derived). Measured in USD per square kilometre.
Analysis
In 2023, gdp deflator — value us$, 2015 prices, per square kilometre in Latvia stood at 0.0022 USD per square kilometre. That is the highest value across all 32 years on record.
The figure is up 9.3% on the previous year and up 14.9% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, per square kilometre in Latvia peaked at 0.0022 USD per square kilometre in 2023 and was at its lowest, 0.0007 USD per square kilometre, in 1992.
Latvia ranks 77th of 182 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
GDP Deflator — Value US$, 2015 prices, per square kilometre in Latvia, year by year
| Year | USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0007 USD per square kilometre | — |
| 1993 | 0.0007 USD per square kilometre | +2.4% |
| 1994 | 0.0007 USD per square kilometre | +2.1% |
| 1995 | 0.0007 USD per square kilometre | +2.1% |
| 1996 | 0.0008 USD per square kilometre | +8.2% |
| 1997 | 0.0008 USD per square kilometre | +0.3% |
| 1998 | 0.0008 USD per square kilometre | +3.1% |
| 1999 | 0.0008 USD per square kilometre | +2.1% |
| 2000 | 0.0008 USD per square kilometre | +0.1% |
| 2001 | 0.0008 USD per square kilometre | -0.9% |
| 2002 | 0.0009 USD per square kilometre | +4.9% |
| 2003 | 0.001 USD per square kilometre | +12.1% |
| 2004 | 0.0011 USD per square kilometre | +13.1% |
| 2005 | 0.0012 USD per square kilometre | +5.7% |
| 2006 | 0.0013 USD per square kilometre | +11.1% |
| 2007 | 0.0017 USD per square kilometre | +30.4% |
| 2008 | 0.002 USD per square kilometre | +20.1% |
| 2009 | 0.0018 USD per square kilometre | -10.3% |
| 2010 | 0.0017 USD per square kilometre | -5.2% |
| 2011 | 0.0019 USD per square kilometre | +10.8% |
| 2012 | 0.0018 USD per square kilometre | -5.7% |
| 2013 | 0.0019 USD per square kilometre | +5.3% |
| 2014 | 0.0019 USD per square kilometre | +1.7% |
| 2015 | 0.0016 USD per square kilometre | -16.2% |
| 2016 | 0.0016 USD per square kilometre | +0.4% |
| 2017 | 0.0017 USD per square kilometre | +4.8% |
| 2018 | 0.0018 USD per square kilometre | +8.4% |
| 2019 | 0.0018 USD per square kilometre | -1.1% |
| 2020 | 0.0019 USD per square kilometre | +4.5% |
| 2021 | 0.002 USD per square kilometre | +7.0% |
| 2022 | 0.002 USD per square kilometre | -2.2% |
| 2023 | 0.0022 USD per square kilometre | +9.3% |
Latvia compared with similar countries
- Latvia's 0.0022 USD per square kilometre is below the median for high income countries, which is 0.0027 USD per square kilometre, 80% of the median. (68 countries reporting)
- Latvia's 0.0022 USD per square kilometre is above the median for Europe & Central Asia, which is 0.0016 USD per square kilometre, 1.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0008 USD per square kilometre | 0.0007 USD per square kilometre | 0.0008 USD per square kilometre | 8 |
| 2000s | 0.0013 USD per square kilometre | 0.0008 USD per square kilometre | 0.002 USD per square kilometre | 10 |
| 2010s | 0.0018 USD per square kilometre | 0.0016 USD per square kilometre | 0.0019 USD per square kilometre | 10 |
| 2020s | 0.002 USD per square kilometre | 0.0019 USD per square kilometre | 0.0022 USD per square kilometre | 4 |
Countries ranked near Latvia
- 74 Cuba 0.0024 USD per square kilometre compare
- 75 Costa Rica 0.0023 USD per square kilometre compare
- 76 Croatia 0.0023 USD per square kilometre compare
- 78 Czechia 0.002 USD per square kilometre compare
- 79 Togo 0.002 USD per square kilometre compare
- 80 Georgia 0.0019 USD per square kilometre compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, per square kilometre in Latvia?
- Gdp deflator — value us$, 2015 prices, per square kilometre in Latvia was 0.0022 USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, per square kilometre recorded in Latvia?
- The highest recorded value was 0.0022 USD per square kilometre in 2023.
- What is the lowest gdp deflator — value us$, 2015 prices, per square kilometre recorded in Latvia?
- The lowest recorded value was 0.0007 USD per square kilometre in 1992.
- How does Latvia rank for gdp deflator — value us$, 2015 prices, per square kilometre?
- Latvia ranks 77th out of 182 countries with data for 2023.
- Is gdp deflator — value us$, 2015 prices, per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 14.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP Deflator — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP Deflator — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Deflator — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.