Manufacturing, value added (current LCU), per unit of GDP (current) in Latvia
Latvia: Manufacturing, value added (current LCU), per unit of GDP (current) was 0.0884 current LCU per US$ of GDP in 2025. ▼ Falling
Manufacturing, value added (current LCU), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for manufacturing, value added (current lcu), per unit of gdp in Latvia is 0.0884 current LCU per US$ of GDP, measured in 2025.
The figure is down 3.8% on the previous year and down 9.6% over ten years.
Over the whole period, manufacturing, value added (current lcu), per unit of gdp in Latvia peaked at 0.1549 current LCU per US$ of GDP in 1997 and was at its lowest, 0.069 current LCU per US$ of GDP, in 2008.
Latvia ranks 169th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Manufacturing, value added (current LCU), per unit of GDP (current) in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.1275 current LCU per US$ of GDP | — |
| 1996 | 0.1379 current LCU per US$ of GDP | +8.1% |
| 1997 | 0.1549 current LCU per US$ of GDP | +12.3% |
| 1998 | 0.1276 current LCU per US$ of GDP | -17.6% |
| 1999 | 0.116 current LCU per US$ of GDP | -9.1% |
| 2000 | 0.1204 current LCU per US$ of GDP | +3.8% |
| 2001 | 0.1241 current LCU per US$ of GDP | +3.0% |
| 2002 | 0.1231 current LCU per US$ of GDP | -0.8% |
| 2003 | 0.1052 current LCU per US$ of GDP | -14.5% |
| 2004 | 0.0983 current LCU per US$ of GDP | -6.5% |
| 2005 | 0.0955 current LCU per US$ of GDP | -2.9% |
| 2006 | 0.0889 current LCU per US$ of GDP | -7.0% |
| 2007 | 0.0773 current LCU per US$ of GDP | -13.0% |
| 2008 | 0.069 current LCU per US$ of GDP | -10.7% |
| 2009 | 0.072 current LCU per US$ of GDP | +4.3% |
| 2010 | 0.0917 current LCU per US$ of GDP | +27.4% |
| 2011 | 0.0875 current LCU per US$ of GDP | -4.5% |
| 2012 | 0.0919 current LCU per US$ of GDP | +5.0% |
| 2013 | 0.0867 current LCU per US$ of GDP | -5.7% |
| 2014 | 0.082 current LCU per US$ of GDP | -5.3% |
| 2015 | 0.0978 current LCU per US$ of GDP | +19.1% |
| 2016 | 0.0952 current LCU per US$ of GDP | -2.6% |
| 2017 | 0.0963 current LCU per US$ of GDP | +1.1% |
| 2018 | 0.0926 current LCU per US$ of GDP | -3.8% |
| 2019 | 0.0985 current LCU per US$ of GDP | +6.3% |
| 2020 | 0.1005 current LCU per US$ of GDP | +2.1% |
| 2021 | 0.1086 current LCU per US$ of GDP | +8.1% |
| 2022 | 0.1138 current LCU per US$ of GDP | +4.8% |
| 2023 | 0.1006 current LCU per US$ of GDP | -11.6% |
| 2024 | 0.0919 current LCU per US$ of GDP | -8.7% |
| 2025 | 0.0884 current LCU per US$ of GDP | -3.8% |
Latvia compared with similar countries
- Latvia's 0.0884 current LCU per US$ of GDP is below the median for high income countries, which is 0.1299 current LCU per US$ of GDP, 68% of the median. (75 countries reporting)
- Latvia's 0.0884 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.2138 current LCU per US$ of GDP, 41% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1328 current LCU per US$ of GDP | 0.116 current LCU per US$ of GDP | 0.1549 current LCU per US$ of GDP | 5 |
| 2000s | 0.0974 current LCU per US$ of GDP | 0.069 current LCU per US$ of GDP | 0.1241 current LCU per US$ of GDP | 10 |
| 2010s | 0.092 current LCU per US$ of GDP | 0.082 current LCU per US$ of GDP | 0.0985 current LCU per US$ of GDP | 10 |
| 2020s | 0.1007 current LCU per US$ of GDP | 0.0884 current LCU per US$ of GDP | 0.1138 current LCU per US$ of GDP | 6 |
Countries ranked near Latvia
- 166 Croatia 0.0898 current LCU per US$ of GDP compare
- 167 Netherlands 0.0892 current LCU per US$ of GDP compare
- 168 Grenada 0.089 current LCU per US$ of GDP compare
- 170 France 0.084 current LCU per US$ of GDP compare
- 171 Australia 0.0822 current LCU per US$ of GDP compare
- 172 Greece 0.0803 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 manufacturing, value added (current lcu), per unit of gdp in Latvia?
- Manufacturing, value added (current lcu), per unit of gdp in Latvia was 0.0884 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.1549 current LCU per US$ of GDP in 1997.
- What is the lowest manufacturing, value added (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.069 current LCU per US$ of GDP in 2008.
- How does Latvia rank for manufacturing, value added (current lcu), per unit of gdp?
- Latvia ranks 169th out of 203 countries with data for 2025.
- Is manufacturing, value added (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 9.6%. 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 Manufacturing, 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
Manufacturing, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current LCU) ÷ GDP (current US$)
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 (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.