Industry (including construction), value added … LCU unit GDP current in Latvia
Latvia: Industry (including construction), value added … LCU unit GDP current was 0.1654 current LCU per US$ of GDP in 2025. ▼ Falling
Industry (including construction), value added (current LCU), per in Latvia, 1995–2025
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 … LCU unit GDP current 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% |
Latvia compared with similar countries
- Latvia's 0.1654 current LCU per US$ of GDP is below the median for high income countries, which is 0.2508 current LCU per US$ of GDP, 66% of the median. (77 countries reporting)
- Latvia's 0.1654 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.3428 current LCU per US$ of GDP, 48% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 178 Spain 0.1732 current LCU per US$ of GDP compare
- 179 Croatia 0.1677 current LCU per US$ of GDP compare
- 180 Kuwait 0.1658 current LCU per US$ of GDP compare
- 182 Belgium 0.1647 current LCU per US$ of GDP compare
- 183 Palestine 0.1625 current LCU per US$ of GDP compare
- 184 Portugal 0.1615 current LCU per US$ of GDP compare
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
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.
Download this data
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 (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
- 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 (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.