Manufacturing, value added (current US$), per capita in Latvia

Latvia: Manufacturing, value added (current US$), per capita was 2,628 current US$ per person in 2025. ◆ Volatile

Latest (2025)
2,628 current US$ per person
Change on year
up 12.0%
World rank
50th
of 203 countries
All-time high
2,628 current US$ per person
in 2025
All-time low
410.42 current US$ per person
in 1995
Years of data
31
1995–2025

Manufacturing, value added (current US$), per capita in Latvia, 1995–2025

5001.0k1.5k2.0k2.5k1995201020251995: 410.4 current US$ per person1996: 415.3 current US$ per person1997: 488.9 current US$ per person1998: 439.9 current US$ per person1999: 426.9 current US$ per person2000: 457.4 current US$ per person2001: 486.7 current US$ per person2002: 560.3 current US$ per person2003: 635.9 current US$ per person2004: 781.7 current US$ per person2005: 866 current US$ per person2006: 1.0k current US$ per person2007: 1.4k current US$ per person2008: 1.6k current US$ per person2009: 1.2k current US$ per person2010: 1.4k current US$ per person2011: 1.6k current US$ per person2012: 1.6k current US$ per person2013: 1.7k current US$ per person2014: 1.7k current US$ per person2015: 1.4k current US$ per person2016: 1.5k current US$ per person2017: 1.6k current US$ per person2018: 1.9k current US$ per person2019: 1.9k current US$ per person2020: 2.0k current US$ per person2021: 2.6k current US$ per person2022: 2.4k current US$ per person2023: 2.5k current US$ per person2024: 2.3k current US$ per person2025: 2.6k current US$ per person

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

In 2025, manufacturing, value added (current us$), per capita in Latvia stood at 2,628 current US$ per person. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 12.0% on the previous year and up 81.9% over ten years.

Over the whole period, manufacturing, value added (current us$), per capita in Latvia peaked at 2,628 current US$ per person in 2025 and was at its lowest, 410.42 current US$ per person, in 1995.

Latvia ranks 50th of 203 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Manufacturing, value added (current US$), per capita in Latvia, year by year

Annual values for Manufacturing, value added (current US$), per capita in Latvia, 1995 to 2025.
Year current US$ per person Change
1995 410.42 current US$ per person
1996 415.31 current US$ per person +1.2%
1997 488.94 current US$ per person +17.7%
1998 439.92 current US$ per person -10.0%
1999 426.94 current US$ per person -3.0%
2000 457.43 current US$ per person +7.1%
2001 486.73 current US$ per person +6.4%
2002 560.29 current US$ per person +15.1%
2003 635.87 current US$ per person +13.5%
2004 781.68 current US$ per person +22.9%
2005 865.95 current US$ per person +10.8%
2006 1,027 current US$ per person +18.6%
2007 1,414 current US$ per person +37.8%
2008 1,582 current US$ per person +11.9%
2009 1,200 current US$ per person -24.1%
2010 1,359 current US$ per person +13.2%
2011 1,570 current US$ per person +15.6%
2012 1,575 current US$ per person +0.3%
2013 1,667 current US$ per person +5.9%
2014 1,655 current US$ per person -0.7%
2015 1,445 current US$ per person -12.7%
2016 1,458 current US$ per person +0.9%
2017 1,646 current US$ per person +12.8%
2018 1,888 current US$ per person +14.7%
2019 1,906 current US$ per person +1.0%
2020 2,017 current US$ per person +5.8%
2021 2,603 current US$ per person +29.1%
2022 2,424 current US$ per person -6.9%
2023 2,471 current US$ per person +2.0%
2024 2,346 current US$ per person -5.1%
2025 2,628 current US$ per person +12.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 436.3 current US$ per person 410.42 current US$ per person 488.94 current US$ per person 5
2000s 901.1 current US$ per person 457.43 current US$ per person 1,582 current US$ per person 10
2010s 1,617 current US$ per person 1,359 current US$ per person 1,906 current US$ per person 10
2020s 2,415 current US$ per person 2,017 current US$ per person 2,628 current US$ per person 6

Countries ranked near Latvia

  1. 47 Trinidad and Tobago 2,694 current US$ per person compare
  2. 48 Türkiye 2,677 current US$ per person compare
  3. 49 Romania 2,665 current US$ per person compare
  4. 51 Malta 2,559 current US$ per person compare
  5. 52 Uruguay 2,511 current US$ per person compare
  6. 53 Kuwait 2,502 current US$ per person compare

See the full ranking of 251 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is manufacturing, value added (current us$), per capita in Latvia?
Manufacturing, value added (current us$), per capita in Latvia was 2,628 current US$ per person in 2025, according to Statizoid (derived).
What is the highest manufacturing, value added (current us$), per capita recorded in Latvia?
The highest recorded value was 2,628 current US$ per person in 2025.
What is the lowest manufacturing, value added (current us$), per capita recorded in Latvia?
The lowest recorded value was 410.42 current US$ per person in 1995.
How does Latvia rank for manufacturing, value added (current us$), per capita?
Latvia ranks 50th out of 203 countries with data for 2025.
Is manufacturing, value added (current us$), per capita rising or falling in Latvia?
Over the last ten years it is up 81.9%. 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 US$), per capita. Statizoid updates them automatically from the source API.

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Manufacturing, value added (current US$), per capita in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-us-per-capita/latvia/

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How this figure is calculated

Manufacturing, value added (current 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 (current US$) ÷ Population, total

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 US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
251 places, 10,059 data points, 1960–2025
Last refreshed

Manufacturing, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.