GNI (constant 2015 US$), per unit of GDP in Latvia
Latvia: GNI (constant 2015 US$), per unit of GDP was 0.7175 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
GNI (constant 2015 US$), per unit of GDP in Latvia, 1995–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gni (constant 2015 us$), per unit of gdp in Latvia is 0.7175 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 30 years on record.
The figure is down 2.5% on the previous year and down 14.2% over ten years.
Over the whole period, gni (constant 2015 us$), per unit of gdp in Latvia peaked at 2.06 constant 2015 US$ per US$ of GDP in 1995 and was at its lowest, 0.7175 constant 2015 US$ per US$ of GDP, in 2024.
Latvia ranks 120th of 161 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
GNI (constant 2015 US$), per unit of GDP in Latvia, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 2.06 constant 2015 US$ per US$ of GDP | — |
| 1996 | 2.03 constant 2015 US$ per US$ of GDP | -1.5% |
| 1997 | 1.96 constant 2015 US$ per US$ of GDP | -3.4% |
| 1998 | 1.94 constant 2015 US$ per US$ of GDP | -1.0% |
| 1999 | 1.9 constant 2015 US$ per US$ of GDP | -2.1% |
| 2000 | 1.87 constant 2015 US$ per US$ of GDP | -1.4% |
| 2001 | 1.91 constant 2015 US$ per US$ of GDP | +2.0% |
| 2002 | 1.8 constant 2015 US$ per US$ of GDP | -5.8% |
| 2003 | 1.6 constant 2015 US$ per US$ of GDP | -11.1% |
| 2004 | 1.4 constant 2015 US$ per US$ of GDP | -12.4% |
| 2005 | 1.33 constant 2015 US$ per US$ of GDP | -4.8% |
| 2006 | 1.18 constant 2015 US$ per US$ of GDP | -11.4% |
| 2007 | 0.9328 constant 2015 US$ per US$ of GDP | -20.9% |
| 2008 | 0.7876 constant 2015 US$ per US$ of GDP | -15.6% |
| 2009 | 0.9551 constant 2015 US$ per US$ of GDP | +21.3% |
| 2010 | 0.9483 constant 2015 US$ per US$ of GDP | -0.7% |
| 2011 | 0.8672 constant 2015 US$ per US$ of GDP | -8.6% |
| 2012 | 0.8892 constant 2015 US$ per US$ of GDP | +2.5% |
| 2013 | 0.852 constant 2015 US$ per US$ of GDP | -4.2% |
| 2014 | 0.8363 constant 2015 US$ per US$ of GDP | -1.8% |
| 2015 | 0.9949 constant 2015 US$ per US$ of GDP | +19.0% |
| 2016 | 1.01 constant 2015 US$ per US$ of GDP | +1.9% |
| 2017 | 0.9687 constant 2015 US$ per US$ of GDP | -4.5% |
| 2018 | 0.8911 constant 2015 US$ per US$ of GDP | -8.0% |
| 2019 | 0.9207 constant 2015 US$ per US$ of GDP | +3.3% |
| 2020 | 0.9045 constant 2015 US$ per US$ of GDP | -1.8% |
| 2021 | 0.82 constant 2015 US$ per US$ of GDP | -9.3% |
| 2022 | 0.8209 constant 2015 US$ per US$ of GDP | +0.1% |
| 2023 | 0.7362 constant 2015 US$ per US$ of GDP | -10.3% |
| 2024 | 0.7175 constant 2015 US$ per US$ of GDP | -2.5% |
Latvia compared with similar countries
- Latvia's 0.7175 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.7939 constant 2015 US$ per US$ of GDP, 90% of the median. (58 countries reporting)
- Latvia's 0.7175 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.7043 constant 2015 US$ per US$ of GDP, 1.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.98 constant 2015 US$ per US$ of GDP | 1.9 constant 2015 US$ per US$ of GDP | 2.06 constant 2015 US$ per US$ of GDP | 5 |
| 2000s | 1.38 constant 2015 US$ per US$ of GDP | 0.7876 constant 2015 US$ per US$ of GDP | 1.91 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9182 constant 2015 US$ per US$ of GDP | 0.8363 constant 2015 US$ per US$ of GDP | 1.01 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7998 constant 2015 US$ per US$ of GDP | 0.7175 constant 2015 US$ per US$ of GDP | 0.9045 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Latvia
- 117 Guinea-Bissau 0.7279 constant 2015 US$ per US$ of GDP compare
- 118 Somalia 0.7271 constant 2015 US$ per US$ of GDP compare
- 119 Portugal 0.726 constant 2015 US$ per US$ of GDP compare
- 121 Cyprus 0.7164 constant 2015 US$ per US$ of GDP compare
- 122 Russia 0.7147 constant 2015 US$ per US$ of GDP compare
- 123 Comoros 0.7141 constant 2015 US$ 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 gni (constant 2015 us$), per unit of gdp in Latvia?
- Gni (constant 2015 us$), per unit of gdp in Latvia was 0.7175 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gni (constant 2015 us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 2.06 constant 2015 US$ per US$ of GDP in 1995.
- What is the lowest gni (constant 2015 us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.7175 constant 2015 US$ per US$ of GDP in 2024.
- How does Latvia rank for gni (constant 2015 us$), per unit of gdp?
- Latvia ranks 120th out of 161 countries with data for 2024.
- Is gni (constant 2015 us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 14.2%. 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 GNI (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
GNI (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GNI (constant 2015 US$) ÷ GDP (current US$)
Computed from
- GNI Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GNI (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.