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
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ 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$), per unit of GDP in Latvia, year by year
| Year | current US$ 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
| Decade | Average | Lowest | Highest | 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
- 166 Aruba 0.8716 current US$ per US$ of GDP compare
- 167 North Macedonia 0.8702 current US$ per US$ of GDP compare
- 168 Bulgaria 0.87 current US$ per US$ of GDP compare
- 170 Portugal 0.8677 current US$ per US$ of GDP compare
- 171 French Polynesia 0.8646 current US$ per US$ of GDP compare
- 172 Ukraine 0.8643 current US$ per US$ of GDP compare
More economy & growth data for Latvia
- 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 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$), per unit of gdp in Latvia?
- Gross value added at basic prices (gva) (current us$), 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.