Gross value added at basic prices (GVA) (current US$), annual growth in Latvia
Latvia: Gross value added at basic prices (GVA) (current US$), annual growth was 10.14 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in Latvia is 10.14 % change on previous year, measured in 2025.
That represents a change of up 399.2% on the previous year and up 177.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Latvia peaked at 44.6 % change on previous year in 2007 and was at its lowest, -24.59 % change on previous year, in 2009.
Latvia ranks 77th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 3.57 % change on previous year | — |
| 1997 | 9.36 % change on previous year | +162.3% |
| 1998 | 9.11 % change on previous year | -2.7% |
| 1999 | 6.17 % change on previous year | -32.2% |
| 2000 | 6.37 % change on previous year | +3.2% |
| 2001 | 6.14 % change on previous year | -3.6% |
| 2002 | 13.03 % change on previous year | +112.2% |
| 2003 | 20.71 % change on previous year | +59.0% |
| 2004 | 23.18 % change on previous year | +11.9% |
| 2005 | 16.75 % change on previous year | -27.7% |
| 2006 | 24.53 % change on previous year | +46.5% |
| 2007 | 44.6 % change on previous year | +81.8% |
| 2008 | 17.63 % change on previous year | -60.5% |
| 2009 | -24.59 % change on previous year | -239.5% |
| 2010 | -9.65 % change on previous year | -60.8% |
| 2011 | 12.45 % change on previous year | -229.1% |
| 2012 | 1.93 % change on previous year | -84.5% |
| 2013 | 7 % change on previous year | +263.0% |
| 2014 | 3.82 % change on previous year | -45.4% |
| 2015 | -13.06 % change on previous year | -442.1% |
| 2016 | 2.22 % change on previous year | -117.0% |
| 2017 | 8.34 % change on previous year | +275.3% |
| 2018 | 12.4 % change on previous year | +48.7% |
| 2019 | -0.1217 % change on previous year | -101.0% |
| 2020 | 1.14 % change on previous year | -1035.5% |
| 2021 | 14.55 % change on previous year | +1178.4% |
| 2022 | 0.0096 % change on previous year | -99.9% |
| 2023 | 13.32 % change on previous year | +138068.1% |
| 2024 | 2.03 % change on previous year | -84.8% |
| 2025 | 10.14 % change on previous year | +399.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.05 % change on previous year | 3.57 % change on previous year | 9.36 % change on previous year | 4 |
| 2000s | 14.84 % change on previous year | -24.59 % change on previous year | 44.6 % change on previous year | 10 |
| 2010s | 2.53 % change on previous year | -13.06 % change on previous year | 12.45 % change on previous year | 10 |
| 2020s | 6.86 % change on previous year | 0.0096 % change on previous year | 14.55 % change on previous year | 6 |
Countries ranked near Latvia
- 74 Myanmar 10.26 % change on previous year compare
- 75 Portugal 10.21 % change on previous year compare
- 76 Paraguay 10.21 % change on previous year compare
- 78 Cameroon 10.06 % change on previous year compare
- 79 Malta 9.98 % change on previous year compare
- 80 Cyprus 9.96 % change on previous year compare
More economy & growth data for Latvia
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8694 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,876 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7694 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 20,244 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5567 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,649 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5771 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Latvia?
- Gross value added at basic prices (gva) (current us$), annual growth in Latvia was 10.14 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Latvia?
- The highest recorded value was 44.6 % change on previous year in 2007.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Latvia?
- The lowest recorded value was -24.59 % change on previous year in 2009.
- How does Latvia rank for gross value added at basic prices (gva) (current us$), annual growth?
- Latvia ranks 77th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Latvia?
- Over the last ten years it is up 177.6%. The long-run trend across the full record is volatile.
- 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.