Gross national expenditure (current LCU), per unit of GDP (current) in Latvia
Latvia: Gross national expenditure (current LCU), per unit of GDP (current) was 0.9255 current LCU per US$ of GDP in 2025. ▬ Flat
Gross national expenditure (current LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, gross national expenditure (current lcu), per unit of gdp in Latvia stood at 0.9255 current LCU per US$ of GDP.
That represents a change of down 1.4% on the previous year and up 1.5% over ten years.
Over the whole period, gross national expenditure (current lcu), per unit of gdp in Latvia peaked at 0.9961 current LCU per US$ of GDP in 2022 and was at its lowest, 0.7341 current LCU per US$ of GDP, in 2009.
Latvia ranks 159th of 186 countries on this measure, in the bottom quarter.
Gross national expenditure (current LCU), per unit of GDP (current) in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.7355 current LCU per US$ of GDP | — |
| 1996 | 0.8563 current LCU per US$ of GDP | +16.4% |
| 1997 | 0.9034 current LCU per US$ of GDP | +5.5% |
| 1998 | 0.9435 current LCU per US$ of GDP | +4.4% |
| 1999 | 0.9166 current LCU per US$ of GDP | -2.8% |
| 2000 | 0.9335 current LCU per US$ of GDP | +1.8% |
| 2001 | 0.988 current LCU per US$ of GDP | +5.8% |
| 2002 | 0.9716 current LCU per US$ of GDP | -1.7% |
| 2003 | 0.9197 current LCU per US$ of GDP | -5.3% |
| 2004 | 0.8916 current LCU per US$ of GDP | -3.1% |
| 2005 | 0.9233 current LCU per US$ of GDP | +3.6% |
| 2006 | 0.9711 current LCU per US$ of GDP | +5.2% |
| 2007 | 0.8781 current LCU per US$ of GDP | -9.6% |
| 2008 | 0.7751 current LCU per US$ of GDP | -11.7% |
| 2009 | 0.7341 current LCU per US$ of GDP | -5.3% |
| 2010 | 0.7711 current LCU per US$ of GDP | +5.0% |
| 2011 | 0.7635 current LCU per US$ of GDP | -1.0% |
| 2012 | 0.8215 current LCU per US$ of GDP | +7.6% |
| 2013 | 0.7872 current LCU per US$ of GDP | -4.2% |
| 2014 | 0.7745 current LCU per US$ of GDP | -1.6% |
| 2015 | 0.912 current LCU per US$ of GDP | +17.7% |
| 2016 | 0.8987 current LCU per US$ of GDP | -1.5% |
| 2017 | 0.889 current LCU per US$ of GDP | -1.1% |
| 2018 | 0.851 current LCU per US$ of GDP | -4.3% |
| 2019 | 0.8952 current LCU per US$ of GDP | +5.2% |
| 2020 | 0.8629 current LCU per US$ of GDP | -3.6% |
| 2021 | 0.8723 current LCU per US$ of GDP | +1.1% |
| 2022 | 0.9961 current LCU per US$ of GDP | +14.2% |
| 2023 | 0.9587 current LCU per US$ of GDP | -3.7% |
| 2024 | 0.9385 current LCU per US$ of GDP | -2.1% |
| 2025 | 0.9255 current LCU per US$ of GDP | -1.4% |
Latvia compared with similar countries
- Latvia's 0.9255 current LCU per US$ of GDP is below the median for high income countries, which is 1.04 current LCU per US$ of GDP, 89% of the median. (66 countries reporting)
- Latvia's 0.9255 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 1.77 current LCU per US$ of GDP, 52% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8711 current LCU per US$ of GDP | 0.7355 current LCU per US$ of GDP | 0.9435 current LCU per US$ of GDP | 5 |
| 2000s | 0.8986 current LCU per US$ of GDP | 0.7341 current LCU per US$ of GDP | 0.988 current LCU per US$ of GDP | 10 |
| 2010s | 0.8364 current LCU per US$ of GDP | 0.7635 current LCU per US$ of GDP | 0.912 current LCU per US$ of GDP | 10 |
| 2020s | 0.9257 current LCU per US$ of GDP | 0.8629 current LCU per US$ of GDP | 0.9961 current LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 156 Ecuador 0.9648 current LCU per US$ of GDP compare
- 157 Panama 0.9496 current LCU per US$ of GDP compare
- 158 Croatia 0.9296 current LCU per US$ of GDP compare
- 160 Greece 0.925 current LCU per US$ of GDP compare
- 161 Belgium 0.9028 current LCU per US$ of GDP compare
- 162 Bulgaria 0.8963 current LCU per US$ of GDP compare
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 national expenditure (current lcu), per unit of gdp in Latvia?
- Gross national expenditure (current lcu), per unit of gdp in Latvia was 0.9255 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.9961 current LCU per US$ of GDP in 2022.
- What is the lowest gross national expenditure (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.7341 current LCU per US$ of GDP in 2009.
- How does Latvia rank for gross national expenditure (current lcu), per unit of gdp?
- Latvia ranks 159th out of 186 countries with data for 2025.
- Is gross national expenditure (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure 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 national expenditure (current 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.