Gross value added at basic prices (GVA) (current US$), per square in Latvia
Latvia: Gross value added at basic prices (GVA) (current US$), per square was 604,456 current US$ per square kilometre in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), per square in Latvia, 1995–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Latvia recorded 604,456 current US$ per square kilometre for gross value added at basic prices (gva) (current us$), per square in 2023. That is the highest value across all 29 years on record.
That represents a change of up 13.3% on the previous year and up 47.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per square in Latvia peaked at 604,456 current US$ per square kilometre in 2023 and was at its lowest, 79,746 current US$ per square kilometre, in 1995.
That places Latvia 100th out of 204 countries with data for 2023, putting it 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$), per square in Latvia, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1995 | 79,746 current US$ per square kilometre | — |
| 1996 | 82,592 current US$ per square kilometre | +3.6% |
| 1997 | 90,324 current US$ per square kilometre | +9.4% |
| 1998 | 98,548 current US$ per square kilometre | +9.1% |
| 1999 | 104,631 current US$ per square kilometre | +6.2% |
| 2000 | 111,298 current US$ per square kilometre | +6.4% |
| 2001 | 118,132 current US$ per square kilometre | +6.1% |
| 2002 | 133,522 current US$ per square kilometre | +13.0% |
| 2003 | 161,181 current US$ per square kilometre | +20.7% |
| 2004 | 198,547 current US$ per square kilometre | +23.2% |
| 2005 | 231,805 current US$ per square kilometre | +16.8% |
| 2006 | 288,674 current US$ per square kilometre | +24.5% |
| 2007 | 417,423 current US$ per square kilometre | +44.6% |
| 2008 | 490,997 current US$ per square kilometre | +17.6% |
| 2009 | 370,252 current US$ per square kilometre | -24.6% |
| 2010 | 334,536 current US$ per square kilometre | -9.6% |
| 2011 | 376,184 current US$ per square kilometre | +12.4% |
| 2012 | 383,435 current US$ per square kilometre | +1.9% |
| 2013 | 410,264 current US$ per square kilometre | +7.0% |
| 2014 | 425,928 current US$ per square kilometre | +3.8% |
| 2015 | 370,304 current US$ per square kilometre | -13.1% |
| 2016 | 378,532 current US$ per square kilometre | +2.2% |
| 2017 | 410,097 current US$ per square kilometre | +8.3% |
| 2018 | 460,940 current US$ per square kilometre | +12.4% |
| 2019 | 460,379 current US$ per square kilometre | -0.1% |
| 2020 | 465,597 current US$ per square kilometre | +1.1% |
| 2021 | 533,349 current US$ per square kilometre | +14.6% |
| 2022 | 533,400 current US$ per square kilometre | +0.0% |
| 2023 | 604,456 current US$ per square kilometre | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 91,168 current US$ per square kilometre | 79,746 current US$ per square kilometre | 104,631 current US$ per square kilometre | 5 |
| 2000s | 252,183 current US$ per square kilometre | 111,298 current US$ per square kilometre | 490,997 current US$ per square kilometre | 10 |
| 2010s | 401,060 current US$ per square kilometre | 334,536 current US$ per square kilometre | 460,940 current US$ per square kilometre | 10 |
| 2020s | 534,200 current US$ per square kilometre | 465,597 current US$ per square kilometre | 604,456 current US$ per square kilometre | 4 |
Countries ranked near Latvia
- 97 Sao Tome and Principe 665,451 current US$ per square kilometre compare
- 98 Iraq 619,356 current US$ per square kilometre compare
- 99 Micronesia (country) 607,829 current US$ per square kilometre compare
- 101 Rwanda 569,846 current US$ per square kilometre compare
- 102 Jordan 564,324 current US$ per square kilometre compare
- 103 North Macedonia 548,002 current US$ per square kilometre compare
More economy & growth data for Latvia
- Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per square in Latvia?
- Gross value added at basic prices (gva) (current us$), per square in Latvia was 604,456 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per square recorded in Latvia?
- The highest recorded value was 604,456 current US$ per square kilometre in 2023.
- What is the lowest gross value added at basic prices (gva) (current us$), per square recorded in Latvia?
- The lowest recorded value was 79,746 current US$ per square kilometre in 1995.
- How does Latvia rank for gross value added at basic prices (gva) (current us$), per square?
- Latvia ranks 100th out of 204 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), per square rising or falling in Latvia?
- Over the last ten years it is up 47.3%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by Land area (sq. km), 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 US$) ÷ Land area (sq. km)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.