Gross value added at basic prices (GVA) (current US$), per unit of GDP in Latvia

Latvia: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.8694 current US$ per US$ of GDP in 2025. ▬ Flat

Latest (2025)
0.8694 current US$ per US$ of GDP
Change on year
down 0.3%
World rank
169th
of 205 countries
All-time high
0.8983 current US$ per US$ of GDP
in 2002
All-time low
0.8627 current US$ per US$ of GDP
in 2018
Years of data
31
1995–2025

Gross value added at basic prices (GVA) (current US$), per unit of GDP in Latvia, 1995–2025

00.20.40.60.81995201020251995: 0.885 current US$ per US$ of GDP1996: 0.886 current US$ per US$ of GDP1997: 0.885 current US$ per US$ of GDP1998: 0.879 current US$ per US$ of GDP1999: 0.889 current US$ per US$ of GDP2000: 0.892 current US$ per US$ of GDP2001: 0.897 current US$ per US$ of GDP2002: 0.898 current US$ per US$ of GDP2003: 0.892 current US$ per US$ of GDP2004: 0.894 current US$ per US$ of GDP2005: 0.885 current US$ per US$ of GDP2006: 0.879 current US$ per US$ of GDP2007: 0.883 current US$ per US$ of GDP2008: 0.895 current US$ per US$ of GDP2009: 0.897 current US$ per US$ of GDP2010: 0.887 current US$ per US$ of GDP2011: 0.881 current US$ per US$ of GDP2012: 0.88 current US$ per US$ of GDP2013: 0.876 current US$ per US$ of GDP2014: 0.875 current US$ per US$ of GDP2015: 0.875 current US$ per US$ of GDP2016: 0.869 current US$ per US$ of GDP2017: 0.868 current US$ per US$ of GDP2018: 0.863 current US$ per US$ of GDP2019: 0.866 current US$ per US$ of GDP2020: 0.868 current US$ per US$ of GDP2021: 0.869 current US$ per US$ of GDP2022: 0.873 current US$ per US$ of GDP2023: 0.879 current US$ per US$ of GDP2024: 0.872 current US$ per US$ of GDP2025: 0.869 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

The most recent figure for gross value added at basic prices (gva) (current us$), per unit of gdp in Latvia is 0.8694 current US$ per US$ of GDP, measured in 2025.

That represents a change of down 0.3% on the previous year and down 0.6% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Latvia peaked at 0.8983 current US$ per US$ of GDP in 2002 and was at its lowest, 0.8627 current US$ per US$ of GDP, in 2018.

Latvia ranks 169th of 205 countries on this measure, in the bottom quarter.

Gross value added at basic prices (GVA) (current US$), per unit of GDP in Latvia, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), per unit of GDP in Latvia, 1995 to 2025.
Year current US$ per US$ of GDP Change
1995 0.8848 current US$ per US$ of GDP
1996 0.8862 current US$ per US$ of GDP +0.2%
1997 0.8852 current US$ per US$ of GDP -0.1%
1998 0.8793 current US$ per US$ of GDP -0.7%
1999 0.889 current US$ per US$ of GDP +1.1%
2000 0.8923 current US$ per US$ of GDP +0.4%
2001 0.8975 current US$ per US$ of GDP +0.6%
2002 0.8983 current US$ per US$ of GDP +0.1%
2003 0.892 current US$ per US$ of GDP -0.7%
2004 0.8935 current US$ per US$ of GDP +0.2%
2005 0.8846 current US$ per US$ of GDP -1.0%
2006 0.879 current US$ per US$ of GDP -0.6%
2007 0.8829 current US$ per US$ of GDP +0.4%
2008 0.8951 current US$ per US$ of GDP +1.4%
2009 0.8968 current US$ per US$ of GDP +0.2%
2010 0.887 current US$ per US$ of GDP -1.1%
2011 0.8808 current US$ per US$ of GDP -0.7%
2012 0.8799 current US$ per US$ of GDP -0.1%
2013 0.8757 current US$ per US$ of GDP -0.5%
2014 0.8754 current US$ per US$ of GDP -0.0%
2015 0.8747 current US$ per US$ of GDP -0.1%
2016 0.8686 current US$ per US$ of GDP -0.7%
2017 0.8683 current US$ per US$ of GDP -0.0%
2018 0.8627 current US$ per US$ of GDP -0.6%
2019 0.8655 current US$ per US$ of GDP +0.3%
2020 0.868 current US$ per US$ of GDP +0.3%
2021 0.8692 current US$ per US$ of GDP +0.1%
2022 0.8734 current US$ per US$ of GDP +0.5%
2023 0.8793 current US$ per US$ of GDP +0.7%
2024 0.8722 current US$ per US$ of GDP -0.8%
2025 0.8694 current US$ per US$ of GDP -0.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8849 current US$ per US$ of GDP 0.8793 current US$ per US$ of GDP 0.889 current US$ per US$ of GDP 5
2000s 0.8912 current US$ per US$ of GDP 0.879 current US$ per US$ of GDP 0.8983 current US$ per US$ of GDP 10
2010s 0.8739 current US$ per US$ of GDP 0.8627 current US$ per US$ of GDP 0.887 current US$ per US$ of GDP 10
2020s 0.8719 current US$ per US$ of GDP 0.868 current US$ per US$ of GDP 0.8793 current US$ per US$ of GDP 6

Countries ranked near Latvia

  1. 166 Aruba 0.8716 current US$ per US$ of GDP compare
  2. 167 North Macedonia 0.8702 current US$ per US$ of GDP compare
  3. 168 Bulgaria 0.87 current US$ per US$ of GDP compare
  4. 170 Portugal 0.8677 current US$ per US$ of GDP compare
  5. 171 French Polynesia 0.8646 current US$ per US$ of GDP compare
  6. 172 Ukraine 0.8643 current US$ per US$ of GDP compare

See the full ranking of 244 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), per unit of gdp in Latvia?
Gross value added at basic prices (gva) (current us$), per unit of gdp in Latvia was 0.8694 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Latvia?
The highest recorded value was 0.8983 current US$ per US$ of GDP in 2002.
What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Latvia?
The lowest recorded value was 0.8627 current US$ per US$ of GDP in 2018.
How does Latvia rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
Latvia ranks 169th out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in Latvia?
Over the last ten years it is down 0.6%. 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 value added at basic prices (GVA) (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), per unit of GDP in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-per-unit-of-gdp/latvia/

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How this figure is calculated

Gross value added at basic prices (GVA) (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 value added at basic prices (GVA) (current US$) ÷ GDP (current US$)

Computed from

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

Indicator
Gross value added at basic prices (GVA) (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,945 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (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.