Manufacturing, value added (current LCU), per unit of GDP in Latvia

Latvia: Manufacturing, value added (current LCU), per unit of GDP was 0.0884 current LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.0884 current LCU per US$ of GDP
Change on year
down 3.8%
World rank
169th
of 203 countries
All-time high
0.1549 current LCU per US$ of GDP
in 1997
All-time low
0.069 current LCU per US$ of GDP
in 2008
Years of data
31
1995–2025

Manufacturing, value added (current LCU), per unit of GDP in Latvia, 1995–2025

00.050.10.151995201020251995: 0.128 current LCU per US$ of GDP1996: 0.138 current LCU per US$ of GDP1997: 0.155 current LCU per US$ of GDP1998: 0.128 current LCU per US$ of GDP1999: 0.116 current LCU per US$ of GDP2000: 0.12 current LCU per US$ of GDP2001: 0.124 current LCU per US$ of GDP2002: 0.123 current LCU per US$ of GDP2003: 0.105 current LCU per US$ of GDP2004: 0.098 current LCU per US$ of GDP2005: 0.096 current LCU per US$ of GDP2006: 0.089 current LCU per US$ of GDP2007: 0.077 current LCU per US$ of GDP2008: 0.069 current LCU per US$ of GDP2009: 0.072 current LCU per US$ of GDP2010: 0.092 current LCU per US$ of GDP2011: 0.088 current LCU per US$ of GDP2012: 0.092 current LCU per US$ of GDP2013: 0.087 current LCU per US$ of GDP2014: 0.082 current LCU per US$ of GDP2015: 0.098 current LCU per US$ of GDP2016: 0.095 current LCU per US$ of GDP2017: 0.096 current LCU per US$ of GDP2018: 0.093 current LCU per US$ of GDP2019: 0.098 current LCU per US$ of GDP2020: 0.101 current LCU per US$ of GDP2021: 0.109 current LCU per US$ of GDP2022: 0.114 current LCU per US$ of GDP2023: 0.101 current LCU per US$ of GDP2024: 0.092 current LCU per US$ of GDP2025: 0.088 current LCU per US$ of GDP

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 in Latvia, year by year

Annual values for Manufacturing, value added (current LCU), per unit of GDP in Latvia, 1995 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 166 Croatia 0.0898 current LCU per US$ of GDP compare
  2. 167 Netherlands 0.0892 current LCU per US$ of GDP compare
  3. 168 Grenada 0.089 current LCU per US$ of GDP compare
  4. 170 France 0.084 current LCU per US$ of GDP compare
  5. 171 Australia 0.0822 current LCU per US$ of GDP compare
  6. 172 Greece 0.0803 current LCU per US$ of GDP compare

See the full ranking of 204 places →

More economy & growth data for Latvia

All data for Latvia →

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.

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Manufacturing, value added (current LCU), per unit of GDP in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-lcu-per-unit-of-gdp/latvia/

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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

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
Manufacturing, value added (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,243 data points, 1960–2025
Last refreshed

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.