Statizoid

Industry (including construction), value added (current LCU), per in Latvia

Latvia: Industry (including construction), value added (current LCU), per was 0.1654 current LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.1654 current LCU per US$ of GDP
Change on year
down 3.5%
World rank
181st
of 207 countries
All-time high
0.2368 current LCU per US$ of GDP
in 1997
All-time low
0.1477 current LCU per US$ of GDP
in 2014
Years of data
31
1995–2025

Industry (including construction), value added (current LCU), per in Latvia, 1995–2025

00.050.10.150.20.251995201020251995: 0.193 current LCU per US$ of GDP1996: 0.214 current LCU per US$ of GDP1997: 0.237 current LCU per US$ of GDP1998: 0.222 current LCU per US$ of GDP1999: 0.211 current LCU per US$ of GDP2000: 0.209 current LCU per US$ of GDP2001: 0.208 current LCU per US$ of GDP2002: 0.205 current LCU per US$ of GDP2003: 0.181 current LCU per US$ of GDP2004: 0.172 current LCU per US$ of GDP2005: 0.169 current LCU per US$ of GDP2006: 0.174 current LCU per US$ of GDP2007: 0.166 current LCU per US$ of GDP2008: 0.156 current LCU per US$ of GDP2009: 0.155 current LCU per US$ of GDP2010: 0.158 current LCU per US$ of GDP2011: 0.154 current LCU per US$ of GDP2012: 0.167 current LCU per US$ of GDP2013: 0.157 current LCU per US$ of GDP2014: 0.148 current LCU per US$ of GDP2015: 0.178 current LCU per US$ of GDP2016: 0.173 current LCU per US$ of GDP2017: 0.175 current LCU per US$ of GDP2018: 0.164 current LCU per US$ of GDP2019: 0.175 current LCU per US$ of GDP2020: 0.178 current LCU per US$ of GDP2021: 0.178 current LCU per US$ of GDP2022: 0.195 current LCU per US$ of GDP2023: 0.186 current LCU per US$ of GDP2024: 0.171 current LCU per US$ of GDP2025: 0.165 current LCU per US$ of GDP

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

Analysis

In 2025, industry (including construction), value added (current lcu), per in Latvia stood at 0.1654 current LCU per US$ of GDP.

Compared with earlier readings it is down 3.5% on the previous year and down 7.3% over ten years.

Over the whole period, industry (including construction), value added (current lcu), per in Latvia peaked at 0.2368 current LCU per US$ of GDP in 1997 and was at its lowest, 0.1477 current LCU per US$ of GDP, in 2014.

Latvia ranks 181st of 207 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Industry (including construction), value added (current LCU), per in Latvia, year by year

Year current LCU per US$ of GDP Change
1995 0.1931 current LCU per US$ of GDP —
1996 0.2138 current LCU per US$ of GDP +10.7%
1997 0.2368 current LCU per US$ of GDP +10.8%
1998 0.2216 current LCU per US$ of GDP -6.4%
1999 0.2111 current LCU per US$ of GDP -4.7%
2000 0.209 current LCU per US$ of GDP -1.0%
2001 0.2077 current LCU per US$ of GDP -0.6%
2002 0.2055 current LCU per US$ of GDP -1.1%
2003 0.1811 current LCU per US$ of GDP -11.8%
2004 0.1717 current LCU per US$ of GDP -5.2%
2005 0.1691 current LCU per US$ of GDP -1.6%
2006 0.1744 current LCU per US$ of GDP +3.2%
2007 0.1663 current LCU per US$ of GDP -4.6%
2008 0.1563 current LCU per US$ of GDP -6.0%
2009 0.1548 current LCU per US$ of GDP -0.9%
2010 0.1575 current LCU per US$ of GDP +1.7%
2011 0.1541 current LCU per US$ of GDP -2.2%
2012 0.1667 current LCU per US$ of GDP +8.2%
2013 0.1568 current LCU per US$ of GDP -5.9%
2014 0.1477 current LCU per US$ of GDP -5.8%
2015 0.1783 current LCU per US$ of GDP +20.7%
2016 0.1731 current LCU per US$ of GDP -2.9%
2017 0.1751 current LCU per US$ of GDP +1.1%
2018 0.1638 current LCU per US$ of GDP -6.4%
2019 0.1751 current LCU per US$ of GDP +6.9%
2020 0.178 current LCU per US$ of GDP +1.7%
2021 0.1783 current LCU per US$ of GDP +0.2%
2022 0.1954 current LCU per US$ of GDP +9.6%
2023 0.1862 current LCU per US$ of GDP -4.7%
2024 0.1713 current LCU per US$ of GDP -8.0%
2025 0.1654 current LCU per US$ of GDP -3.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2153 current LCU per US$ of GDP 0.1931 current LCU per US$ of GDP 0.2368 current LCU per US$ of GDP 5
2000s 0.1796 current LCU per US$ of GDP 0.1548 current LCU per US$ of GDP 0.209 current LCU per US$ of GDP 10
2010s 0.1648 current LCU per US$ of GDP 0.1477 current LCU per US$ of GDP 0.1783 current LCU per US$ of GDP 10
2020s 0.1791 current LCU per US$ of GDP 0.1654 current LCU per US$ of GDP 0.1954 current LCU per US$ of GDP 6

Countries ranked near Latvia

  1. 178 Spain 0.1732 current LCU per US$ of GDP compare
  2. 179 Croatia 0.1677 current LCU per US$ of GDP compare
  3. 180 Kuwait 0.1658 current LCU per US$ of GDP compare
  4. 182 Belgium 0.1647 current LCU per US$ of GDP compare
  5. 183 Palestine 0.1625 current LCU per US$ of GDP compare
  6. 184 Portugal 0.1615 current LCU per US$ of GDP compare

See the full ranking of 208 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is industry (including construction), value added (current lcu), per in Latvia?
Industry (including construction), value added (current lcu), per in Latvia was 0.1654 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest industry (including construction), value added (current lcu), per recorded in Latvia?
The highest recorded value was 0.2368 current LCU per US$ of GDP in 1997.
What is the lowest industry (including construction), value added (current lcu), per recorded in Latvia?
The lowest recorded value was 0.1477 current LCU per US$ of GDP in 2014.
How does Latvia rank for industry (including construction), value added (current lcu), per?
Latvia ranks 181st out of 207 countries with data for 2025.
Is industry (including construction), value added (current lcu), per rising or falling in Latvia?
Over the last ten years it is down 7.3%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Industry (including construction), value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current LCU), per in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-lcu-per-unit-of-gdp/latvia/

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How this figure is calculated

Industry (including construction), value added (current 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 (current LCU) ÷ 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
Industry (including construction), value added (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,038 data points, 1960–2025
Last refreshed

Industry (including construction), value added (current 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.