Manufacturing, value added (constant LCU), per unit of GDP in Latvia
Latvia: Manufacturing, value added (constant LCU), per unit of GDP was 0.0721 constant LCU per US$ of GDP in 2025. ◆ Volatile
Manufacturing, value added (constant LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Latvia recorded 0.0721 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2025. That is the lowest value across all 31 years on record.
That represents a change of down 5.2% on the previous year and down 32.7% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Latvia peaked at 0.3118 constant LCU per US$ of GDP in 1997 and was at its lowest, 0.0721 constant LCU per US$ of GDP, in 2025.
Latvia ranks 152nd of 190 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant LCU), per unit of GDP in Latvia, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.2917 constant LCU per US$ of GDP | — |
| 1996 | 0.2926 constant LCU per US$ of GDP | +0.3% |
| 1997 | 0.3118 constant LCU per US$ of GDP | +6.6% |
| 1998 | 0.2979 constant LCU per US$ of GDP | -4.5% |
| 1999 | 0.2721 constant LCU per US$ of GDP | -8.7% |
| 2000 | 0.2742 constant LCU per US$ of GDP | +0.8% |
| 2001 | 0.2784 constant LCU per US$ of GDP | +1.5% |
| 2002 | 0.2748 constant LCU per US$ of GDP | -1.3% |
| 2003 | 0.2333 constant LCU per US$ of GDP | -15.1% |
| 2004 | 0.2018 constant LCU per US$ of GDP | -13.5% |
| 2005 | 0.1799 constant LCU per US$ of GDP | -10.8% |
| 2006 | 0.1542 constant LCU per US$ of GDP | -14.3% |
| 2007 | 0.1063 constant LCU per US$ of GDP | -31.1% |
| 2008 | 0.085 constant LCU per US$ of GDP | -20.0% |
| 2009 | 0.0883 constant LCU per US$ of GDP | +3.9% |
| 2010 | 0.1102 constant LCU per US$ of GDP | +24.8% |
| 2011 | 0.0994 constant LCU per US$ of GDP | -9.8% |
| 2012 | 0.1022 constant LCU per US$ of GDP | +2.8% |
| 2013 | 0.0943 constant LCU per US$ of GDP | -7.7% |
| 2014 | 0.0893 constant LCU per US$ of GDP | -5.3% |
| 2015 | 0.1072 constant LCU per US$ of GDP | +20.0% |
| 2016 | 0.1059 constant LCU per US$ of GDP | -1.2% |
| 2017 | 0.1044 constant LCU per US$ of GDP | -1.4% |
| 2018 | 0.0991 constant LCU per US$ of GDP | -5.0% |
| 2019 | 0.1006 constant LCU per US$ of GDP | +1.5% |
| 2020 | 0.1005 constant LCU per US$ of GDP | -0.1% |
| 2021 | 0.0968 constant LCU per US$ of GDP | -3.7% |
| 2022 | 0.0932 constant LCU per US$ of GDP | -3.7% |
| 2023 | 0.0809 constant LCU per US$ of GDP | -13.2% |
| 2024 | 0.0761 constant LCU per US$ of GDP | -6.0% |
| 2025 | 0.0721 constant LCU per US$ of GDP | -5.2% |
Latvia compared with similar countries
- Latvia's 0.0721 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1012 constant LCU per US$ of GDP, 71% of the median. (67 countries reporting)
- Latvia's 0.0721 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.1578 constant LCU per US$ of GDP, 46% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2932 constant LCU per US$ of GDP | 0.2721 constant LCU per US$ of GDP | 0.3118 constant LCU per US$ of GDP | 5 |
| 2000s | 0.1876 constant LCU per US$ of GDP | 0.085 constant LCU per US$ of GDP | 0.2784 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1013 constant LCU per US$ of GDP | 0.0893 constant LCU per US$ of GDP | 0.1102 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0866 constant LCU per US$ of GDP | 0.0721 constant LCU per US$ of GDP | 0.1005 constant LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 149 Netherlands 0.0753 constant LCU per US$ of GDP compare
- 150 Samoa 0.0741 constant LCU per US$ of GDP compare
- 151 Greece 0.0725 constant LCU per US$ of GDP compare
- 153 Sao Tome and Principe 0.0705 constant LCU per US$ of GDP compare
- 154 France 0.0703 constant LCU per US$ of GDP compare
- 155 Croatia 0.0693 constant LCU per US$ of GDP compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Latvia?
- Manufacturing, value added (constant lcu), per unit of gdp in Latvia was 0.0721 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.3118 constant LCU per US$ of GDP in 1997.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0721 constant LCU per US$ of GDP in 2025.
- How does Latvia rank for manufacturing, value added (constant lcu), per unit of gdp?
- Latvia ranks 152nd out of 190 countries with data for 2025.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 32.7%. 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 Manufacturing, value added (constant 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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, 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
Manufacturing, 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.