Manufacturing, value added (current US$), per capita (capita US) in Latvia
Latvia: Manufacturing, value added (current US$), per capita (capita US) was 2,628 current US$ per person in 2025. ◆ Volatile
Manufacturing, value added (current US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ 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$), per capita (capita US) in Latvia, year by year
| Year | current US$ 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% |
Latvia compared with similar countries
- Latvia's 2,628 current US$ per person is below the median for high income countries, which is 3,711 current US$ per person, 71% of the median. (75 countries reporting)
- Latvia's 2,628 current US$ per person is below the median for Europe & Central Asia, which is 3,187 current US$ per person, 82% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (current US$) 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$) ÷ Population, total
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.