Industry (including construction), value added (constant LCU), per in Latvia
Latvia: Industry (including construction), value added (constant LCU), per was 0.1151 constant LCU per US$ of GDP in 2025. ◆ Volatile
Industry (including construction), value added (constant LCU), per in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Latvia recorded 0.1151 constant LCU per US$ of GDP for industry (including construction), value added (constant lcu), per in 2025. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 5.5% on the previous year and down 42.8% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Latvia peaked at 0.5623 constant LCU per US$ of GDP in 1997 and was at its lowest, 0.1151 constant LCU per US$ of GDP, in 2025.
That places Latvia 176th out of 198 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (constant LCU), per in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.5431 constant LCU per US$ of GDP | — |
| 1996 | 0.5433 constant LCU per US$ of GDP | +0.0% |
| 1997 | 0.5623 constant LCU per US$ of GDP | +3.5% |
| 1998 | 0.5474 constant LCU per US$ of GDP | -2.7% |
| 1999 | 0.5198 constant LCU per US$ of GDP | -5.0% |
| 2000 | 0.5052 constant LCU per US$ of GDP | -2.8% |
| 2001 | 0.5015 constant LCU per US$ of GDP | -0.7% |
| 2002 | 0.4936 constant LCU per US$ of GDP | -1.6% |
| 2003 | 0.4325 constant LCU per US$ of GDP | -12.4% |
| 2004 | 0.379 constant LCU per US$ of GDP | -12.4% |
| 2005 | 0.3441 constant LCU per US$ of GDP | -9.2% |
| 2006 | 0.3152 constant LCU per US$ of GDP | -8.4% |
| 2007 | 0.2327 constant LCU per US$ of GDP | -26.2% |
| 2008 | 0.1921 constant LCU per US$ of GDP | -17.5% |
| 2009 | 0.1946 constant LCU per US$ of GDP | +1.3% |
| 2010 | 0.1989 constant LCU per US$ of GDP | +2.2% |
| 2011 | 0.1843 constant LCU per US$ of GDP | -7.4% |
| 2012 | 0.1914 constant LCU per US$ of GDP | +3.8% |
| 2013 | 0.1769 constant LCU per US$ of GDP | -7.6% |
| 2014 | 0.1664 constant LCU per US$ of GDP | -5.9% |
| 2015 | 0.2011 constant LCU per US$ of GDP | +20.9% |
| 2016 | 0.195 constant LCU per US$ of GDP | -3.1% |
| 2017 | 0.1934 constant LCU per US$ of GDP | -0.8% |
| 2018 | 0.1764 constant LCU per US$ of GDP | -8.8% |
| 2019 | 0.1771 constant LCU per US$ of GDP | +0.4% |
| 2020 | 0.178 constant LCU per US$ of GDP | +0.5% |
| 2021 | 0.1616 constant LCU per US$ of GDP | -9.2% |
| 2022 | 0.1492 constant LCU per US$ of GDP | -7.6% |
| 2023 | 0.1298 constant LCU per US$ of GDP | -13.0% |
| 2024 | 0.1219 constant LCU per US$ of GDP | -6.1% |
| 2025 | 0.1151 constant LCU per US$ of GDP | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5432 constant LCU per US$ of GDP | 0.5198 constant LCU per US$ of GDP | 0.5623 constant LCU per US$ of GDP | 5 |
| 2000s | 0.359 constant LCU per US$ of GDP | 0.1921 constant LCU per US$ of GDP | 0.5052 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1861 constant LCU per US$ of GDP | 0.1664 constant LCU per US$ of GDP | 0.2011 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1426 constant LCU per US$ of GDP | 0.1151 constant LCU per US$ of GDP | 0.178 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 173 France 0.1191 constant LCU per US$ of GDP compare
- 174 Netherlands 0.117 constant LCU per US$ of GDP compare
- 175 Greece 0.1157 constant LCU per US$ of GDP compare
- 177 Estonia 0.1097 constant LCU per US$ of GDP compare
- 178 Bulgaria 0.1066 constant LCU per US$ of GDP compare
- 179 Sint Maarten (Dutch part) 0.1032 constant LCU per US$ of GDP compare
More economy & growth data for Latvia
- Industry (including construction), value added (constant 2015 US$) 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1132 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,979 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 3,029 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5685 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), per in Latvia?
- Industry (including construction), value added (constant lcu), per in Latvia was 0.1151 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Latvia?
- The highest recorded value was 0.5623 constant LCU per US$ of GDP in 1997.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Latvia?
- The lowest recorded value was 0.1151 constant LCU per US$ of GDP in 2025.
- How does Latvia rank for industry (including construction), value added (constant lcu), per?
- Latvia ranks 176th out of 198 countries with data for 2025.
- Is industry (including construction), value added (constant lcu), per rising or falling in Latvia?
- Over the last ten years it is down 42.8%. 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 Industry (including construction), value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added 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
Industry (including construction), value added (constant 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.