GDP, PPP (current international $), per unit of GDP in Latvia
Latvia: GDP, PPP (current international $), per unit of GDP was 1.75 current international $ per US$ of GDP in 2025. ▼ Falling
GDP, PPP (current international $), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current international $ per US$ of GDP.
Analysis
In 2025, gdp, ppp (current international $), per unit of gdp in Latvia stood at 1.75 current international $ per US$ of GDP.
That represents a change of down 5.8% on the previous year and up 3.6% over ten years.
Over the whole period, gdp, ppp (current international $), per unit of gdp in Latvia peaked at 2.51 current international $ per US$ of GDP in 2001 and was at its lowest, 1.11 current international $ per US$ of GDP, in 2008.
That places Latvia 134th out of 204 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
GDP, PPP (current international $), per unit of GDP in Latvia, year by year
| Year | current international $ per US$ of GDP | Change |
|---|---|---|
| 1995 | 2.39 current international $ per US$ of GDP | — |
| 1996 | 2.41 current international $ per US$ of GDP | +0.9% |
| 1997 | 2.44 current international $ per US$ of GDP | +1.2% |
| 1998 | 2.39 current international $ per US$ of GDP | -1.9% |
| 1999 | 2.37 current international $ per US$ of GDP | -1.0% |
| 2000 | 2.39 current international $ per US$ of GDP | +1.1% |
| 2001 | 2.51 current international $ per US$ of GDP | +5.0% |
| 2002 | 2.39 current international $ per US$ of GDP | -4.9% |
| 2003 | 2.07 current international $ per US$ of GDP | -13.2% |
| 2004 | 1.85 current international $ per US$ of GDP | -10.7% |
| 2005 | 1.76 current international $ per US$ of GDP | -5.0% |
| 2006 | 1.54 current international $ per US$ of GDP | -12.6% |
| 2007 | 1.21 current international $ per US$ of GDP | -21.1% |
| 2008 | 1.11 current international $ per US$ of GDP | -8.4% |
| 2009 | 1.3 current international $ per US$ of GDP | +16.5% |
| 2010 | 1.46 current international $ per US$ of GDP | +12.9% |
| 2011 | 1.37 current international $ per US$ of GDP | -6.4% |
| 2012 | 1.46 current international $ per US$ of GDP | +6.3% |
| 2013 | 1.41 current international $ per US$ of GDP | -3.0% |
| 2014 | 1.42 current international $ per US$ of GDP | +0.4% |
| 2015 | 1.69 current international $ per US$ of GDP | +19.2% |
| 2016 | 1.74 current international $ per US$ of GDP | +2.8% |
| 2017 | 1.7 current international $ per US$ of GDP | -2.1% |
| 2018 | 1.73 current international $ per US$ of GDP | +1.5% |
| 2019 | 1.86 current international $ per US$ of GDP | +7.7% |
| 2020 | 1.86 current international $ per US$ of GDP | +0.1% |
| 2021 | 1.82 current international $ per US$ of GDP | -2.3% |
| 2022 | 2.01 current international $ per US$ of GDP | +10.1% |
| 2023 | 1.88 current international $ per US$ of GDP | -6.0% |
| 2024 | 1.86 current international $ per US$ of GDP | -1.2% |
| 2025 | 1.75 current international $ per US$ of GDP | -5.8% |
Latvia compared with similar countries
- Latvia's 1.75 current international $ per US$ of GDP is above the median for high income countries, which is 1.45 current international $ per US$ of GDP, 1.2× the median. (74 countries reporting)
- Latvia's 1.75 current international $ per US$ of GDP is above the median for Europe & Central Asia, which is 1.72 current international $ per US$ of GDP, 1.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4 current international $ per US$ of GDP | 2.37 current international $ per US$ of GDP | 2.44 current international $ per US$ of GDP | 5 |
| 2000s | 1.81 current international $ per US$ of GDP | 1.11 current international $ per US$ of GDP | 2.51 current international $ per US$ of GDP | 10 |
| 2010s | 1.58 current international $ per US$ of GDP | 1.37 current international $ per US$ of GDP | 1.86 current international $ per US$ of GDP | 10 |
| 2020s | 1.86 current international $ per US$ of GDP | 1.75 current international $ per US$ of GDP | 2.01 current international $ per US$ of GDP | 6 |
Countries ranked near Latvia
- 131 Macao 1.81 current international $ per US$ of GDP compare
- 132 Qatar 1.78 current international $ per US$ of GDP compare
- 133 Grenada 1.76 current international $ per US$ of GDP compare
- 135 Kuwait 1.75 current international $ per US$ of GDP compare
- 136 South Korea 1.74 current international $ per US$ of GDP compare
- 137 Slovakia 1.73 current international $ per US$ of GDP 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, ppp (current international $), per unit of gdp in Latvia?
- Gdp, ppp (current international $), per unit of gdp in Latvia was 1.75 current international $ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gdp, ppp (current international $), per unit of gdp recorded in Latvia?
- The highest recorded value was 2.51 current international $ per US$ of GDP in 2001.
- What is the lowest gdp, ppp (current international $), per unit of gdp recorded in Latvia?
- The lowest recorded value was 1.11 current international $ per US$ of GDP in 2008.
- How does Latvia rank for gdp, ppp (current international $), per unit of gdp?
- Latvia ranks 134th out of 204 countries with data for 2025.
- Is gdp, ppp (current international $), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 3.6%. 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, PPP (current international $), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP, PPP (current international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP, PPP (current international $) ÷ GDP (current US$)
Computed from
- GDP, PPP International Comparison Program (ICP), World Bank (WB)
- 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, PPP (current international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.