Manufacturing, value added (current LCU), per capita (current capita) in Latvia
Latvia: Manufacturing, value added (current LCU), per capita (current capita) was 2,326 current LCU per person in 2025. ◆ Volatile
Manufacturing, value added (current LCU), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
Latvia recorded 2,326 current LCU per person for manufacturing, value added (current lcu), per capita in 2025. That is the highest value across all 31 years on record.
That represents a change of up 7.3% on the previous year and up 78.6% over ten years.
Over the whole period, manufacturing, value added (current lcu), per capita in Latvia peaked at 2,326 current LCU per person in 2025 and was at its lowest, 287.79 current LCU per person, in 1995.
That places Latvia 148th out of 203 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current LCU), per capita (current capita) in Latvia, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1995 | 287.79 current LCU per person | — |
| 1996 | 325.43 current LCU per person | +13.1% |
| 1997 | 404.16 current LCU per person | +24.2% |
| 1998 | 369.22 current LCU per person | -8.6% |
| 1999 | 355.47 current LCU per person | -3.7% |
| 2000 | 394.76 current LCU per person | +11.1% |
| 2001 | 434.85 current LCU per person | +10.2% |
| 2002 | 492.83 current LCU per person | +13.3% |
| 2003 | 517.03 current LCU per person | +4.9% |
| 2004 | 600.88 current LCU per person | +16.2% |
| 2005 | 695.79 current LCU per person | +15.8% |
| 2006 | 818.62 current LCU per person | +17.7% |
| 2007 | 1,034 current LCU per person | +26.3% |
| 2008 | 1,082 current LCU per person | +4.7% |
| 2009 | 863.36 current LCU per person | -20.2% |
| 2010 | 1,026 current LCU per person | +18.8% |
| 2011 | 1,129 current LCU per person | +10.1% |
| 2012 | 1,226 current LCU per person | +8.5% |
| 2013 | 1,255 current LCU per person | +2.4% |
| 2014 | 1,246 current LCU per person | -0.8% |
| 2015 | 1,302 current LCU per person | +4.5% |
| 2016 | 1,318 current LCU per person | +1.2% |
| 2017 | 1,457 current LCU per person | +10.6% |
| 2018 | 1,598 current LCU per person | +9.7% |
| 2019 | 1,703 current LCU per person | +6.5% |
| 2020 | 1,766 current LCU per person | +3.7% |
| 2021 | 2,201 current LCU per person | +24.7% |
| 2022 | 2,301 current LCU per person | +4.6% |
| 2023 | 2,286 current LCU per person | -0.7% |
| 2024 | 2,167 current LCU per person | -5.2% |
| 2025 | 2,326 current LCU per person | +7.3% |
Latvia compared with similar countries
- Latvia's 2,326 current LCU per person is below the median for high income countries, which is 6,574 current LCU per person, 35% of the median. (75 countries reporting)
- Latvia's 2,326 current LCU per person is below the median for Europe & Central Asia, which is 7,778 current LCU per person, 30% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 348.41 current LCU per person | 287.79 current LCU per person | 404.16 current LCU per person | 5 |
| 2000s | 693.44 current LCU per person | 394.76 current LCU per person | 1,082 current LCU per person | 10 |
| 2010s | 1,326 current LCU per person | 1,026 current LCU per person | 1,703 current LCU per person | 10 |
| 2020s | 2,174 current LCU per person | 1,766 current LCU per person | 2,326 current LCU per person | 6 |
Countries ranked near Latvia
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 (current lcu), per capita in Latvia?
- Manufacturing, value added (current lcu), per capita in Latvia was 2,326 current LCU per person in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), per capita recorded in Latvia?
- The highest recorded value was 2,326 current LCU per person in 2025.
- What is the lowest manufacturing, value added (current lcu), per capita recorded in Latvia?
- The lowest recorded value was 287.79 current LCU per person in 1995.
- How does Latvia rank for manufacturing, value added (current lcu), per capita?
- Latvia ranks 148th out of 203 countries with data for 2025.
- Is manufacturing, value added (current lcu), per capita rising or falling in Latvia?
- Over the last ten years it is up 78.6%. 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 (current LCU), 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 (current LCU) 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 (current LCU) ÷ 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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.