Manufacturing, value added (constant 2015 US$), per capita (capita) in Latvia
Latvia: Manufacturing, value added (constant 2015 US$), per capita (capita) was 1,920 constant 2015 US$ per person in 2025. ▲ Rising
Manufacturing, value added (constant 2015 US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for manufacturing, value added (constant 2015 us$), per capita in Latvia is 1,920 constant 2015 US$ per person, measured in 2025.
That represents a change of up 5.8% on the previous year and up 32.9% over ten years.
Over the whole period, manufacturing, value added (constant 2015 us$), per capita in Latvia peaked at 1,985 constant 2015 US$ per person in 2021 and was at its lowest, 666.06 constant 2015 US$ per person, in 1995.
That places Latvia 49th out of 185 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Manufacturing, value added (constant 2015 US$), per capita (capita) in Latvia, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1995 | 666.06 constant 2015 US$ per person | — |
| 1996 | 698.77 constant 2015 US$ per person | +4.9% |
| 1997 | 823.35 constant 2015 US$ per person | +17.8% |
| 1998 | 872.2 constant 2015 US$ per person | +5.9% |
| 1999 | 843.59 constant 2015 US$ per person | -3.3% |
| 2000 | 909.62 constant 2015 US$ per person | +7.8% |
| 2001 | 987.27 constant 2015 US$ per person | +8.5% |
| 2002 | 1,113 constant 2015 US$ per person | +12.8% |
| 2003 | 1,160 constant 2015 US$ per person | +4.2% |
| 2004 | 1,248 constant 2015 US$ per person | +7.5% |
| 2005 | 1,326 constant 2015 US$ per person | +6.3% |
| 2006 | 1,437 constant 2015 US$ per person | +8.4% |
| 2007 | 1,438 constant 2015 US$ per person | +0.0% |
| 2008 | 1,349 constant 2015 US$ per person | -6.2% |
| 2009 | 1,072 constant 2015 US$ per person | -20.5% |
| 2010 | 1,247 constant 2015 US$ per person | +16.4% |
| 2011 | 1,297 constant 2015 US$ per person | +4.0% |
| 2012 | 1,378 constant 2015 US$ per person | +6.2% |
| 2013 | 1,382 constant 2015 US$ per person | +0.3% |
| 2014 | 1,372 constant 2015 US$ per person | -0.7% |
| 2015 | 1,445 constant 2015 US$ per person | +5.3% |
| 2016 | 1,483 constant 2015 US$ per person | +2.6% |
| 2017 | 1,598 constant 2015 US$ per person | +7.8% |
| 2018 | 1,731 constant 2015 US$ per person | +8.3% |
| 2019 | 1,761 constant 2015 US$ per person | +1.7% |
| 2020 | 1,787 constant 2015 US$ per person | +1.5% |
| 2021 | 1,985 constant 2015 US$ per person | +11.1% |
| 2022 | 1,907 constant 2015 US$ per person | -3.9% |
| 2023 | 1,859 constant 2015 US$ per person | -2.5% |
| 2024 | 1,815 constant 2015 US$ per person | -2.4% |
| 2025 | 1,920 constant 2015 US$ per person | +5.8% |
Latvia compared with similar countries
- Latvia's 1,920 constant 2015 US$ per person is below the median for high income countries, which is 2,667 constant 2015 US$ per person, 72% of the median. (67 countries reporting)
- Latvia's 1,920 constant 2015 US$ per person is below the median for Europe & Central Asia, which is 2,562 constant 2015 US$ per person, 75% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 780.8 constant 2015 US$ per person | 666.06 constant 2015 US$ per person | 872.2 constant 2015 US$ per person | 5 |
| 2000s | 1,204 constant 2015 US$ per person | 909.62 constant 2015 US$ per person | 1,438 constant 2015 US$ per person | 10 |
| 2010s | 1,469 constant 2015 US$ per person | 1,247 constant 2015 US$ per person | 1,761 constant 2015 US$ per person | 10 |
| 2020s | 1,879 constant 2015 US$ per person | 1,787 constant 2015 US$ per person | 1,985 constant 2015 US$ per person | 6 |
Countries ranked near Latvia
- 46 Croatia 2,101 constant 2015 US$ per person compare
- 47 Mexico 2,032 constant 2015 US$ per person compare
- 48 Romania 1,997 constant 2015 US$ per person compare
- 50 Malta 1,772 constant 2015 US$ per person compare
- 51 Isle of Man 1,701 constant 2015 US$ per person compare
- 52 Oman 1,675 constant 2015 US$ per person 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 manufacturing, value added (constant 2015 us$), per capita in Latvia?
- Manufacturing, value added (constant 2015 us$), per capita in Latvia was 1,920 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant 2015 us$), per capita recorded in Latvia?
- The highest recorded value was 1,985 constant 2015 US$ per person in 2021.
- What is the lowest manufacturing, value added (constant 2015 us$), per capita recorded in Latvia?
- The lowest recorded value was 666.06 constant 2015 US$ per person in 1995.
- How does Latvia rank for manufacturing, value added (constant 2015 us$), per capita?
- Latvia ranks 49th out of 185 countries with data for 2025.
- Is manufacturing, value added (constant 2015 us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 32.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant 2015 US$) ÷ Population, total
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.