Statizoid

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

Latvia: Industry (including construction), value added (current US$), per was 0.1868 current US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.1868 current US$ per US$ of GDP
Change on year
up 0.8%
World rank
137th
of 207 countries
All-time high
0.2865 current US$ per US$ of GDP
in 1997
All-time low
0.1854 current US$ per US$ of GDP
in 2024
Years of data
31
1995–2025

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

00.10.20.31995201020251995: 0.275 current US$ per US$ of GDP1996: 0.273 current US$ per US$ of GDP1997: 0.287 current US$ per US$ of GDP1998: 0.264 current US$ per US$ of GDP1999: 0.254 current US$ per US$ of GDP2000: 0.242 current US$ per US$ of GDP2001: 0.233 current US$ per US$ of GDP2002: 0.234 current US$ per US$ of GDP2003: 0.223 current US$ per US$ of GDP2004: 0.223 current US$ per US$ of GDP2005: 0.21 current US$ per US$ of GDP2006: 0.219 current US$ per US$ of GDP2007: 0.228 current US$ per US$ of GDP2008: 0.228 current US$ per US$ of GDP2009: 0.215 current US$ per US$ of GDP2010: 0.209 current US$ per US$ of GDP2011: 0.214 current US$ per US$ of GDP2012: 0.214 current US$ per US$ of GDP2013: 0.208 current US$ per US$ of GDP2014: 0.196 current US$ per US$ of GDP2015: 0.198 current US$ per US$ of GDP2016: 0.192 current US$ per US$ of GDP2017: 0.198 current US$ per US$ of GDP2018: 0.193 current US$ per US$ of GDP2019: 0.196 current US$ per US$ of GDP2020: 0.203 current US$ per US$ of GDP2021: 0.211 current US$ per US$ of GDP2022: 0.206 current US$ per US$ of GDP2023: 0.201 current US$ per US$ of GDP2024: 0.185 current US$ per US$ of GDP2025: 0.187 current US$ per US$ of GDP

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

Analysis

The most recent figure for industry (including construction), value added (current us$), per in Latvia is 0.1868 current US$ per US$ of GDP, measured in 2025.

The figure is up 0.8% on the previous year and down 5.6% over ten years.

Over the whole period, industry (including construction), value added (current us$), per in Latvia peaked at 0.2865 current US$ per US$ of GDP in 1997 and was at its lowest, 0.1854 current US$ per US$ of GDP, in 2024.

That places Latvia 137th out of 207 countries with data for 2025, putting it in the middle of the range.

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

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

Year current US$ per US$ of GDP Change
1995 0.2754 current US$ per US$ of GDP —
1996 0.2729 current US$ per US$ of GDP -0.9%
1997 0.2865 current US$ per US$ of GDP +5.0%
1998 0.2641 current US$ per US$ of GDP -7.8%
1999 0.2536 current US$ per US$ of GDP -4.0%
2000 0.2422 current US$ per US$ of GDP -4.5%
2001 0.2325 current US$ per US$ of GDP -4.0%
2002 0.2336 current US$ per US$ of GDP +0.5%
2003 0.2228 current US$ per US$ of GDP -4.6%
2004 0.2234 current US$ per US$ of GDP +0.3%
2005 0.2104 current US$ per US$ of GDP -5.8%
2006 0.2187 current US$ per US$ of GDP +4.0%
2007 0.2275 current US$ per US$ of GDP +4.0%
2008 0.2284 current US$ per US$ of GDP +0.4%
2009 0.2152 current US$ per US$ of GDP -5.8%
2010 0.2086 current US$ per US$ of GDP -3.1%
2011 0.2142 current US$ per US$ of GDP +2.7%
2012 0.2142 current US$ per US$ of GDP -0.0%
2013 0.2082 current US$ per US$ of GDP -2.8%
2014 0.1962 current US$ per US$ of GDP -5.8%
2015 0.1978 current US$ per US$ of GDP +0.8%
2016 0.1917 current US$ per US$ of GDP -3.1%
2017 0.1978 current US$ per US$ of GDP +3.2%
2018 0.1935 current US$ per US$ of GDP -2.2%
2019 0.196 current US$ per US$ of GDP +1.3%
2020 0.2033 current US$ per US$ of GDP +3.8%
2021 0.2109 current US$ per US$ of GDP +3.7%
2022 0.2058 current US$ per US$ of GDP -2.4%
2023 0.2013 current US$ per US$ of GDP -2.2%
2024 0.1854 current US$ per US$ of GDP -7.9%
2025 0.1868 current US$ per US$ of GDP +0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2705 current US$ per US$ of GDP 0.2536 current US$ per US$ of GDP 0.2865 current US$ per US$ of GDP 5
2000s 0.2255 current US$ per US$ of GDP 0.2104 current US$ per US$ of GDP 0.2422 current US$ per US$ of GDP 10
2010s 0.2018 current US$ per US$ of GDP 0.1917 current US$ per US$ of GDP 0.2142 current US$ per US$ of GDP 10
2020s 0.199 current US$ per US$ of GDP 0.1854 current US$ per US$ of GDP 0.2109 current US$ per US$ of GDP 6

Countries ranked near Latvia

  1. 134 New Zealand 0.1944 current US$ per US$ of GDP compare
  2. 135 Croatia 0.1895 current US$ per US$ of GDP compare
  3. 136 Niger 0.1872 current US$ per US$ of GDP compare
  4. 138 Belgium 0.1861 current US$ per US$ of GDP compare
  5. 139 Georgia 0.186 current US$ per US$ of GDP compare
  6. 140 Greenland 0.1845 current US$ per US$ of GDP compare

See the full ranking of 255 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is industry (including construction), value added (current us$), per in Latvia?
Industry (including construction), value added (current us$), per in Latvia was 0.1868 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest industry (including construction), value added (current us$), per recorded in Latvia?
The highest recorded value was 0.2865 current US$ per US$ of GDP in 1997.
What is the lowest industry (including construction), value added (current us$), per recorded in Latvia?
The lowest recorded value was 0.1854 current US$ per US$ of GDP in 2024.
How does Latvia rank for industry (including construction), value added (current us$), per?
Latvia ranks 137th out of 207 countries with data for 2025.
Is industry (including construction), value added (current us$), per rising or falling in Latvia?
Over the last ten years it is down 5.6%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Industry (including construction), value added (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.

Industry (including construction), value added (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
Industry (including construction), value added (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
255 places, 11,330 data points, 1960–2025
Last refreshed

Industry (including construction), value added (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.