Gross domestic product (GDP), Constant prices, Purchasing … unit in Latvia
Latvia: Gross domestic product (GDP), Constant prices, Purchasing … unit was 0 units per US$ of GDP in 2019. ▼ Falling
Gross domestic product (GDP), Constant prices, Purchasing power in Latvia, 1995–2019
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Latvia recorded 0 units per US$ of GDP for gross domestic product (gdp), constant prices, purchasing power in 2019.
That represents a change of up 2.5% on the previous year and down 0.6% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Latvia peaked at 0 units per US$ of GDP in 1995 and was at its lowest, 0 units per US$ of GDP, in 2008.
That places Latvia 111th out of 191 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing … unit in Latvia, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1995 | 0 units per US$ of GDP | — |
| 1996 | 0 units per US$ of GDP | -0.8% |
| 1997 | 0 units per US$ of GDP | -0.6% |
| 1998 | 0 units per US$ of GDP | -3.2% |
| 1999 | 0 units per US$ of GDP | -2.2% |
| 2000 | 0 units per US$ of GDP | -0.3% |
| 2001 | 0 units per US$ of GDP | +0.7% |
| 2002 | 0 units per US$ of GDP | -5.2% |
| 2003 | 0 units per US$ of GDP | -10.8% |
| 2004 | 0 units per US$ of GDP | -11.8% |
| 2005 | 0 units per US$ of GDP | -6.1% |
| 2006 | 0 units per US$ of GDP | -10.6% |
| 2007 | 0 units per US$ of GDP | -23.6% |
| 2008 | 0 units per US$ of GDP | -16.7% |
| 2009 | 0 units per US$ of GDP | +13.9% |
| 2010 | 0 units per US$ of GDP | +4.6% |
| 2011 | 0 units per US$ of GDP | -6.0% |
| 2012 | 0 units per US$ of GDP | +2.2% |
| 2013 | 0 units per US$ of GDP | -4.8% |
| 2014 | 0 units per US$ of GDP | -2.7% |
| 2015 | 0 units per US$ of GDP | +19.5% |
| 2016 | 0 units per US$ of GDP | -0.5% |
| 2017 | 0 units per US$ of GDP | -4.7% |
| 2018 | 0 units per US$ of GDP | -8.0% |
| 2019 | 0 units per US$ of GDP | +2.5% |
Latvia compared with similar countries
- Latvia's 0 units per US$ of GDP is above the median for high income countries, which is 0 units per US$ of GDP, 1.4× the median. (65 countries reporting)
- Latvia's 0 units per US$ of GDP is above the median for Europe & Central Asia, which is 0 units per US$ of GDP, 1.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 5 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
Countries ranked near Latvia
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Latvia?
- Gross domestic product (gdp), constant prices, purchasing power in Latvia was 0 units per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Latvia?
- The highest recorded value was 0 units per US$ of GDP in 1995.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Latvia?
- The lowest recorded value was 0 units per US$ of GDP in 2008.
- How does Latvia rank for gross domestic product (gdp), constant prices, purchasing power?
- Latvia ranks 111th out of 191 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Latvia?
- Over the last ten years it is down 0.6%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017 ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP), Constant prices, Purchasing power International Monetary Fund
- 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 product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.