Gdp worldbank constant usd, per unit of GDP in Latvia
Latvia: Gdp worldbank constant usd, per unit of GDP was 0.642 units per US$ of GDP in 2025. ▼ Falling
Gdp worldbank constant usd, per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 2025, gdp worldbank constant usd, per unit of gdp in Latvia stood at 0.642 units per US$ of GDP. 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 worldbank constant usd, per unit of gdp in Latvia peaked at 2.07 units per US$ of GDP in 1995 and was at its lowest, 0.642 units per US$ of GDP, in 2025.
Latvia ranks 187th of 209 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gdp worldbank constant usd, per unit of GDP in Latvia, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1995 | 2.07 units per US$ of GDP | — |
| 1996 | 2.04 units per US$ of GDP | -1.1% |
| 1997 | 2.04 units per US$ of GDP | -0.3% |
| 1998 | 1.98 units per US$ of GDP | -3.0% |
| 1999 | 1.94 units per US$ of GDP | -2.1% |
| 2000 | 1.93 units per US$ of GDP | -0.1% |
| 2001 | 1.95 units per US$ of GDP | +0.9% |
| 2002 | 1.86 units per US$ of GDP | -4.7% |
| 2003 | 1.66 units per US$ of GDP | -10.8% |
| 2004 | 1.47 units per US$ of GDP | -11.6% |
| 2005 | 1.39 units per US$ of GDP | -5.4% |
| 2006 | 1.25 units per US$ of GDP | -10.0% |
| 2007 | 0.958 units per US$ of GDP | -23.3% |
| 2008 | 0.7977 units per US$ of GDP | -16.7% |
| 2009 | 0.8899 units per US$ of GDP | +11.6% |
| 2010 | 0.9385 units per US$ of GDP | +5.5% |
| 2011 | 0.854 units per US$ of GDP | -9.0% |
| 2012 | 0.8981 units per US$ of GDP | +5.2% |
| 2013 | 0.8529 units per US$ of GDP | -5.0% |
| 2014 | 0.8384 units per US$ of GDP | -1.7% |
| 2015 | 1 units per US$ of GDP | +19.3% |
| 2016 | 0.9963 units per US$ of GDP | -0.4% |
| 2017 | 0.9505 units per US$ of GDP | -4.6% |
| 2018 | 0.8764 units per US$ of GDP | -7.8% |
| 2019 | 0.8863 units per US$ of GDP | +1.1% |
| 2020 | 0.8484 units per US$ of GDP | -4.3% |
| 2021 | 0.7931 units per US$ of GDP | -6.5% |
| 2022 | 0.8121 units per US$ of GDP | +2.4% |
| 2023 | 0.7146 units per US$ of GDP | -12.0% |
| 2024 | 0.6945 units per US$ of GDP | -2.8% |
| 2025 | 0.642 units per US$ of GDP | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.01 units per US$ of GDP | 1.94 units per US$ of GDP | 2.07 units per US$ of GDP | 5 |
| 2000s | 1.41 units per US$ of GDP | 0.7977 units per US$ of GDP | 1.95 units per US$ of GDP | 10 |
| 2010s | 0.9091 units per US$ of GDP | 0.8384 units per US$ of GDP | 1 units per US$ of GDP | 10 |
| 2020s | 0.7508 units per US$ of GDP | 0.642 units per US$ of GDP | 0.8484 units per US$ of GDP | 6 |
Countries ranked near Latvia
- 184 Poland 0.6582 units per US$ of GDP compare
- 185 North Macedonia 0.6552 units per US$ of GDP compare
- 186 Hungary 0.645 units per US$ of GDP compare
- 188 Russian Federation 0.6392 units per US$ of GDP compare
- 189 Lithuania 0.5996 units per US$ of GDP compare
- 190 Iceland 0.5991 units per US$ of GDP compare
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp worldbank constant usd, per unit of gdp in Latvia?
- Gdp worldbank constant usd, per unit of gdp in Latvia was 0.642 units per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gdp worldbank constant usd, per unit of gdp recorded in Latvia?
- The highest recorded value was 2.07 units per US$ of GDP in 1995.
- What is the lowest gdp worldbank constant usd, per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.642 units per US$ of GDP in 2025.
- How does Latvia rank for gdp worldbank constant usd, per unit of gdp?
- Latvia ranks 187th out of 209 countries with data for 2025.
- Is gdp worldbank constant usd, 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 worldbank constant usd, 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 worldbank constant usd divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gdp worldbank constant usd ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data
- 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 worldbank constant usd divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.