Gross domestic income (constant LCU), per unit of GDP in Latvia
Latvia: Gross domestic income (constant LCU), per unit of GDP was 0.6641 constant LCU per US$ of GDP in 2025. ▼ Falling
Gross domestic income (constant LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2025, gross domestic income (constant lcu), per unit of gdp in Latvia stood at 0.6641 constant LCU per US$ of GDP. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 7.1% on the previous year and down 31.8% over ten years.
Over the whole period, gross domestic income (constant lcu), per unit of gdp in Latvia peaked at 2.08 constant LCU per US$ of GDP in 1995 and was at its lowest, 0.6641 constant LCU per US$ of GDP, in 2025.
That places Latvia 163rd out of 179 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Gross domestic income (constant LCU), per unit of GDP in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 2.08 constant LCU per US$ of GDP | — |
| 1996 | 2.04 constant LCU per US$ of GDP | -1.7% |
| 1997 | 1.98 constant LCU per US$ of GDP | -3.1% |
| 1998 | 1.95 constant LCU per US$ of GDP | -1.4% |
| 1999 | 1.94 constant LCU per US$ of GDP | -0.6% |
| 2000 | 1.89 constant LCU per US$ of GDP | -2.3% |
| 2001 | 1.92 constant LCU per US$ of GDP | +1.3% |
| 2002 | 1.82 constant LCU per US$ of GDP | -5.3% |
| 2003 | 1.63 constant LCU per US$ of GDP | -10.1% |
| 2004 | 1.45 constant LCU per US$ of GDP | -11.1% |
| 2005 | 1.36 constant LCU per US$ of GDP | -6.2% |
| 2006 | 1.23 constant LCU per US$ of GDP | -9.9% |
| 2007 | 0.9551 constant LCU per US$ of GDP | -22.2% |
| 2008 | 0.7878 constant LCU per US$ of GDP | -17.5% |
| 2009 | 0.8784 constant LCU per US$ of GDP | +11.5% |
| 2010 | 0.9188 constant LCU per US$ of GDP | +4.6% |
| 2011 | 0.8455 constant LCU per US$ of GDP | -8.0% |
| 2012 | 0.8744 constant LCU per US$ of GDP | +3.4% |
| 2013 | 0.8337 constant LCU per US$ of GDP | -4.7% |
| 2014 | 0.8135 constant LCU per US$ of GDP | -2.4% |
| 2015 | 0.9739 constant LCU per US$ of GDP | +19.7% |
| 2016 | 0.9865 constant LCU per US$ of GDP | +1.3% |
| 2017 | 0.9424 constant LCU per US$ of GDP | -4.5% |
| 2018 | 0.8782 constant LCU per US$ of GDP | -6.8% |
| 2019 | 0.9046 constant LCU per US$ of GDP | +3.0% |
| 2020 | 0.8755 constant LCU per US$ of GDP | -3.2% |
| 2021 | 0.8104 constant LCU per US$ of GDP | -7.4% |
| 2022 | 0.8129 constant LCU per US$ of GDP | +0.3% |
| 2023 | 0.7299 constant LCU per US$ of GDP | -10.2% |
| 2024 | 0.7145 constant LCU per US$ of GDP | -2.1% |
| 2025 | 0.6641 constant LCU per US$ of GDP | -7.1% |
Latvia compared with similar countries
- Latvia's 0.6641 constant LCU per US$ of GDP is below the median for high income countries, which is 0.788 constant LCU per US$ of GDP, 84% of the median. (63 countries reporting)
- Latvia's 0.6641 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.775 constant LCU per US$ of GDP, 86% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2 constant LCU per US$ of GDP | 1.94 constant LCU per US$ of GDP | 2.08 constant LCU per US$ of GDP | 5 |
| 2000s | 1.39 constant LCU per US$ of GDP | 0.7878 constant LCU per US$ of GDP | 1.92 constant LCU per US$ of GDP | 10 |
| 2010s | 0.8971 constant LCU per US$ of GDP | 0.8135 constant LCU per US$ of GDP | 0.9865 constant LCU per US$ of GDP | 10 |
| 2020s | 0.7679 constant LCU per US$ of GDP | 0.6641 constant LCU per US$ of GDP | 0.8755 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 160 San Marino 0.6987 constant LCU per US$ of GDP compare
- 161 Slovenia 0.6913 constant LCU per US$ of GDP compare
- 162 Croatia 0.6662 constant LCU per US$ of GDP compare
- 164 Slovakia 0.6551 constant LCU per US$ of GDP compare
- 165 Estonia 0.6515 constant LCU per US$ of GDP compare
- 166 United Kingdom 0.62 constant LCU 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 gross domestic income (constant lcu), per unit of gdp in Latvia?
- Gross domestic income (constant lcu), per unit of gdp in Latvia was 0.6641 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross domestic income (constant lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 2.08 constant LCU per US$ of GDP in 1995.
- What is the lowest gross domestic income (constant lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.6641 constant LCU per US$ of GDP in 2025.
- How does Latvia rank for gross domestic income (constant lcu), per unit of gdp?
- Latvia ranks 163rd out of 179 countries with data for 2025.
- Is gross domestic income (constant lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 31.8%. 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 Gross domestic income (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic income (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic income (constant LCU) ÷ GDP (current US$)
Computed from
- Gross domestic income 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
Gross domestic income (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.