Gross national expenditure (current US$), per unit of GDP (unit GDP) in Latvia
Latvia: Gross national expenditure (current US$), per unit of GDP (unit GDP) was 1.05 current US$ per US$ of GDP in 2025. ▼ Falling
Gross national expenditure (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Latvia recorded 1.05 current US$ per US$ of GDP for gross national expenditure (current us$), per unit of gdp in 2025.
The figure is up 2.9% on the previous year and up 3.3% over ten years.
Over the whole period, gross national expenditure (current us$), per unit of gdp in Latvia peaked at 1.22 current US$ per US$ of GDP in 2006 and was at its lowest, 0.9856 current US$ per US$ of GDP, in 2020.
That places Latvia 79th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Gross national expenditure (current US$), per unit of GDP (unit GDP) in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 1.05 current US$ per US$ of GDP | — |
| 1996 | 1.09 current US$ per US$ of GDP | +4.2% |
| 1997 | 1.09 current US$ per US$ of GDP | +0.0% |
| 1998 | 1.12 current US$ per US$ of GDP | +2.9% |
| 1999 | 1.1 current US$ per US$ of GDP | -2.1% |
| 2000 | 1.08 current US$ per US$ of GDP | -1.7% |
| 2001 | 1.11 current US$ per US$ of GDP | +2.2% |
| 2002 | 1.1 current US$ per US$ of GDP | -0.1% |
| 2003 | 1.13 current US$ per US$ of GDP | +2.4% |
| 2004 | 1.16 current US$ per US$ of GDP | +2.5% |
| 2005 | 1.15 current US$ per US$ of GDP | -0.9% |
| 2006 | 1.22 current US$ per US$ of GDP | +6.0% |
| 2007 | 1.2 current US$ per US$ of GDP | -1.4% |
| 2008 | 1.13 current US$ per US$ of GDP | -5.7% |
| 2009 | 1.02 current US$ per US$ of GDP | -9.9% |
| 2010 | 1.02 current US$ per US$ of GDP | +0.1% |
| 2011 | 1.06 current US$ per US$ of GDP | +3.9% |
| 2012 | 1.06 current US$ per US$ of GDP | -0.6% |
| 2013 | 1.05 current US$ per US$ of GDP | -1.0% |
| 2014 | 1.03 current US$ per US$ of GDP | -1.6% |
| 2015 | 1.01 current US$ per US$ of GDP | -1.7% |
| 2016 | 0.9947 current US$ per US$ of GDP | -1.7% |
| 2017 | 1 current US$ per US$ of GDP | +1.0% |
| 2018 | 1 current US$ per US$ of GDP | +0.1% |
| 2019 | 1 current US$ per US$ of GDP | -0.3% |
| 2020 | 0.9856 current US$ per US$ of GDP | -1.6% |
| 2021 | 1.03 current US$ per US$ of GDP | +4.7% |
| 2022 | 1.05 current US$ per US$ of GDP | +1.7% |
| 2023 | 1.04 current US$ per US$ of GDP | -1.2% |
| 2024 | 1.02 current US$ per US$ of GDP | -2.0% |
| 2025 | 1.05 current US$ per US$ of GDP | +2.9% |
Latvia compared with similar countries
- Latvia's 1.05 current US$ per US$ of GDP is above the median for high income countries, which is 0.9727 current US$ per US$ of GDP, 1.1× the median. (66 countries reporting)
- Latvia's 1.05 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.9962 current US$ per US$ of GDP, 1.0× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.09 current US$ per US$ of GDP | 1.05 current US$ per US$ of GDP | 1.12 current US$ per US$ of GDP | 5 |
| 2000s | 1.13 current US$ per US$ of GDP | 1.02 current US$ per US$ of GDP | 1.22 current US$ per US$ of GDP | 10 |
| 2010s | 1.02 current US$ per US$ of GDP | 0.9947 current US$ per US$ of GDP | 1.06 current US$ per US$ of GDP | 10 |
| 2020s | 1.03 current US$ per US$ of GDP | 0.9856 current US$ per US$ of GDP | 1.05 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 76 Croatia 1.05 current US$ per US$ of GDP compare
- 77 Mexico 1.05 current US$ per US$ of GDP compare
- 78 Mali 1.05 current US$ per US$ of GDP compare
- 80 Greece 1.05 current US$ per US$ of GDP compare
- 81 Serbia 1.04 current US$ per US$ of GDP compare
- 82 Dominican Republic 1.04 current US$ 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 us$), per unit of gdp in Latvia?
- Gross national expenditure (current us$), per unit of gdp in Latvia was 1.05 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 1.22 current US$ per US$ of GDP in 2006.
- What is the lowest gross national expenditure (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.9856 current US$ per US$ of GDP in 2020.
- How does Latvia rank for gross national expenditure (current us$), per unit of gdp?
- Latvia ranks 79th out of 186 countries with data for 2025.
- Is gross national expenditure (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 3.3%. 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 national expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.