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

Latvia: Manufacturing, value added (current US$), per unit of GDP was 0.0999 current US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.0999 current US$ per US$ of GDP
Change on year
up 0.4%
World rank
102nd
of 203 countries
All-time high
0.1873 current US$ per US$ of GDP
in 1997
All-time low
0.0995 current US$ per US$ of GDP
in 2024
Years of data
31
1995–2025

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

00.050.10.150.21995201020251995: 0.182 current US$ per US$ of GDP1996: 0.176 current US$ per US$ of GDP1997: 0.187 current US$ per US$ of GDP1998: 0.152 current US$ per US$ of GDP1999: 0.139 current US$ per US$ of GDP2000: 0.14 current US$ per US$ of GDP2001: 0.139 current US$ per US$ of GDP2002: 0.14 current US$ per US$ of GDP2003: 0.129 current US$ per US$ of GDP2004: 0.128 current US$ per US$ of GDP2005: 0.119 current US$ per US$ of GDP2006: 0.111 current US$ per US$ of GDP2007: 0.106 current US$ per US$ of GDP2008: 0.101 current US$ per US$ of GDP2009: 0.1 current US$ per US$ of GDP2010: 0.121 current US$ per US$ of GDP2011: 0.122 current US$ per US$ of GDP2012: 0.118 current US$ per US$ of GDP2013: 0.115 current US$ per US$ of GDP2014: 0.109 current US$ per US$ of GDP2015: 0.108 current US$ per US$ of GDP2016: 0.105 current US$ per US$ of GDP2017: 0.109 current US$ per US$ of GDP2018: 0.109 current US$ per US$ of GDP2019: 0.11 current US$ per US$ of GDP2020: 0.115 current US$ per US$ of GDP2021: 0.128 current US$ per US$ of GDP2022: 0.12 current US$ per US$ of GDP2023: 0.109 current US$ per US$ of GDP2024: 0.099 current US$ per US$ of GDP2025: 0.1 current US$ per US$ of GDP

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 in Latvia, year by year

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

Averages by decade

DecadeAverage LowestHighest 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

  1. 99 Solomon Islands 0.1009 current US$ per US$ of GDP compare
  2. 100 Netherlands 0.1008 current US$ per US$ of GDP compare
  3. 101 Namibia 0.1002 current US$ per US$ of GDP compare
  4. 103 Uruguay 0.0996 current US$ per US$ of GDP compare
  5. 104 Brunei Darussalam 0.0993 current US$ per US$ of GDP compare
  6. 105 Colombia 0.099 current US$ per US$ of GDP 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$), per unit of gdp in Latvia?
Manufacturing, value added (current us$), 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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Manufacturing, value added (current US$), 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-us-per-unit-of-gdp/latvia/

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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

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$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
251 places, 10,052 data points, 1960–2025
Last refreshed

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.