Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Latvia
Latvia: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 0.7694 current LCU per US$ of GDP in 2025. ▲ Rising
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), per unit of gdp in Latvia is 0.7694 current LCU per US$ of GDP, measured in 2025.
That represents a change of down 4.5% on the previous year and down 2.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Latvia peaked at 0.8294 current LCU per US$ of GDP in 2022 and was at its lowest, 0.6123 current LCU per US$ of GDP, in 2008.
Latvia ranks 194th of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.6204 current LCU per US$ of GDP | — |
| 1996 | 0.6944 current LCU per US$ of GDP | +11.9% |
| 1997 | 0.7317 current LCU per US$ of GDP | +5.4% |
| 1998 | 0.738 current LCU per US$ of GDP | +0.9% |
| 1999 | 0.7401 current LCU per US$ of GDP | +0.3% |
| 2000 | 0.7701 current LCU per US$ of GDP | +4.0% |
| 2001 | 0.8018 current LCU per US$ of GDP | +4.1% |
| 2002 | 0.7902 current LCU per US$ of GDP | -1.4% |
| 2003 | 0.7253 current LCU per US$ of GDP | -8.2% |
| 2004 | 0.6869 current LCU per US$ of GDP | -5.3% |
| 2005 | 0.7107 current LCU per US$ of GDP | +3.5% |
| 2006 | 0.701 current LCU per US$ of GDP | -1.4% |
| 2007 | 0.6455 current LCU per US$ of GDP | -7.9% |
| 2008 | 0.6123 current LCU per US$ of GDP | -5.1% |
| 2009 | 0.6451 current LCU per US$ of GDP | +5.4% |
| 2010 | 0.6698 current LCU per US$ of GDP | +3.8% |
| 2011 | 0.6336 current LCU per US$ of GDP | -5.4% |
| 2012 | 0.6848 current LCU per US$ of GDP | +8.1% |
| 2013 | 0.6596 current LCU per US$ of GDP | -3.7% |
| 2014 | 0.6589 current LCU per US$ of GDP | -0.1% |
| 2015 | 0.7883 current LCU per US$ of GDP | +19.6% |
| 2016 | 0.7847 current LCU per US$ of GDP | -0.5% |
| 2017 | 0.7686 current LCU per US$ of GDP | -2.1% |
| 2018 | 0.7305 current LCU per US$ of GDP | -5.0% |
| 2019 | 0.7731 current LCU per US$ of GDP | +5.8% |
| 2020 | 0.7599 current LCU per US$ of GDP | -1.7% |
| 2021 | 0.7349 current LCU per US$ of GDP | -3.3% |
| 2022 | 0.8294 current LCU per US$ of GDP | +12.9% |
| 2023 | 0.8132 current LCU per US$ of GDP | -2.0% |
| 2024 | 0.8058 current LCU per US$ of GDP | -0.9% |
| 2025 | 0.7694 current LCU per US$ of GDP | -4.5% |
Latvia compared with similar countries
- Latvia's 0.7694 current LCU per US$ of GDP is below the median for high income countries, which is 0.9962 current LCU per US$ of GDP, 77% of the median. (77 countries reporting)
- Latvia's 0.7694 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.8964 current LCU per US$ of GDP, 86% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7049 current LCU per US$ of GDP | 0.6204 current LCU per US$ of GDP | 0.7401 current LCU per US$ of GDP | 5 |
| 2000s | 0.7089 current LCU per US$ of GDP | 0.6123 current LCU per US$ of GDP | 0.8018 current LCU per US$ of GDP | 10 |
| 2010s | 0.7152 current LCU per US$ of GDP | 0.6336 current LCU per US$ of GDP | 0.7883 current LCU per US$ of GDP | 10 |
| 2020s | 0.7855 current LCU per US$ of GDP | 0.7349 current LCU per US$ of GDP | 0.8294 current LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 191 Finland 0.7719 current LCU per US$ of GDP compare
- 192 Bulgaria 0.7718 current LCU per US$ of GDP compare
- 193 Estonia 0.7717 current LCU per US$ of GDP compare
- 195 Portugal 0.7678 current LCU per US$ of GDP compare
- 196 Greece 0.7632 current LCU per US$ of GDP compare
- 197 Croatia 0.732 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 value added at basic prices (gva) (current lcu), per unit of gdp in Latvia?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Latvia was 0.7694 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.8294 current LCU per US$ of GDP in 2022.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.6123 current LCU per US$ of GDP in 2008.
- How does Latvia rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Latvia ranks 194th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (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.