Manufacturing, value added (current US$), per unit of GDP (unit GDP) in Latvia
Latvia: Manufacturing, value added (current US$), per unit of GDP (unit GDP) was 0.0999 current US$ per US$ of GDP in 2025. ▼ Falling
Manufacturing, value added (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for manufacturing, value added (current us$), per unit of gdp in Latvia is 0.0999 current US$ per US$ of GDP, measured in 2025.
The figure is up 0.4% on the previous year and down 7.9% over ten years.
Over the whole period, manufacturing, value added (current us$), per unit of gdp in Latvia peaked at 0.1873 current US$ per US$ of GDP in 1997 and was at its lowest, 0.0995 current US$ per US$ of GDP, in 2024.
That places Latvia 102nd out of 203 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Manufacturing, value added (current US$), per unit of GDP (unit GDP) in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.1819 current US$ per US$ of GDP | — |
| 1996 | 0.176 current US$ per US$ of GDP | -3.2% |
| 1997 | 0.1873 current US$ per US$ of GDP | +6.5% |
| 1998 | 0.152 current US$ per US$ of GDP | -18.9% |
| 1999 | 0.1393 current US$ per US$ of GDP | -8.3% |
| 2000 | 0.1395 current US$ per US$ of GDP | +0.1% |
| 2001 | 0.1389 current US$ per US$ of GDP | -0.5% |
| 2002 | 0.1399 current US$ per US$ of GDP | +0.8% |
| 2003 | 0.1294 current US$ per US$ of GDP | -7.5% |
| 2004 | 0.1279 current US$ per US$ of GDP | -1.1% |
| 2005 | 0.1189 current US$ per US$ of GDP | -7.1% |
| 2006 | 0.1114 current US$ per US$ of GDP | -6.3% |
| 2007 | 0.1058 current US$ per US$ of GDP | -5.1% |
| 2008 | 0.1009 current US$ per US$ of GDP | -4.6% |
| 2009 | 0.1 current US$ per US$ of GDP | -0.9% |
| 2010 | 0.1214 current US$ per US$ of GDP | +21.4% |
| 2011 | 0.1217 current US$ per US$ of GDP | +0.2% |
| 2012 | 0.1181 current US$ per US$ of GDP | -2.9% |
| 2013 | 0.1151 current US$ per US$ of GDP | -2.6% |
| 2014 | 0.109 current US$ per US$ of GDP | -5.3% |
| 2015 | 0.1085 current US$ per US$ of GDP | -0.5% |
| 2016 | 0.1054 current US$ per US$ of GDP | -2.8% |
| 2017 | 0.1087 current US$ per US$ of GDP | +3.2% |
| 2018 | 0.1094 current US$ per US$ of GDP | +0.6% |
| 2019 | 0.1102 current US$ per US$ of GDP | +0.7% |
| 2020 | 0.1148 current US$ per US$ of GDP | +4.2% |
| 2021 | 0.1285 current US$ per US$ of GDP | +11.9% |
| 2022 | 0.1199 current US$ per US$ of GDP | -6.7% |
| 2023 | 0.1088 current US$ per US$ of GDP | -9.2% |
| 2024 | 0.0995 current US$ per US$ of GDP | -8.6% |
| 2025 | 0.0999 current US$ per US$ of GDP | +0.4% |
Latvia compared with similar countries
- Latvia's 0.0999 current US$ per US$ of GDP is above the median for high income countries, which is 0.0949 current US$ per US$ of GDP, 1.1× the median. (75 countries reporting)
- Latvia's 0.0999 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.1224 current US$ per US$ of GDP, 82% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1673 current US$ per US$ of GDP | 0.1393 current US$ per US$ of GDP | 0.1873 current US$ per US$ of GDP | 5 |
| 2000s | 0.1213 current US$ per US$ of GDP | 0.1 current US$ per US$ of GDP | 0.1399 current US$ per US$ of GDP | 10 |
| 2010s | 0.1128 current US$ per US$ of GDP | 0.1054 current US$ per US$ of GDP | 0.1217 current US$ per US$ of GDP | 10 |
| 2020s | 0.1119 current US$ per US$ of GDP | 0.0995 current US$ per US$ of GDP | 0.1285 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 99 Solomon Islands 0.1009 current US$ per US$ of GDP compare
- 100 Netherlands 0.1008 current US$ per US$ of GDP compare
- 101 Namibia 0.1002 current US$ per US$ of GDP compare
- 103 Uruguay 0.0996 current US$ per US$ of GDP compare
- 104 Brunei 0.0993 current US$ per US$ of GDP compare
- 105 Colombia 0.099 current US$ 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 us$), per unit of gdp in Latvia?
- Manufacturing, value added (current us$), per unit of gdp in Latvia was 0.0999 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.1873 current US$ per US$ of GDP in 1997.
- What is the lowest manufacturing, value added (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.0995 current US$ per US$ of GDP in 2024.
- How does Latvia rank for manufacturing, value added (current us$), per unit of gdp?
- Latvia ranks 102nd out of 203 countries with data for 2025.
- Is manufacturing, value added (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is down 7.9%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (current US$) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Manufacturing, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.