PPP conversion factor, households and NPISHs Final consumption expendi in Latvia
Latvia: PPP conversion factor, households and NPISHs Final consumption expendi was 0.5521 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption expendi in Latvia, 1991–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
Latvia recorded 0.5521 LCU per international $ for ppp conversion factor, households and npishs final consumption expendi in 2025.
The figure is up 3.6% on the previous year and down 3.0% over ten years.
Over the whole period, ppp conversion factor, households and npishs final consumption expendi in Latvia peaked at 0.641 LCU per international $ in 2008 and was at its lowest, 0.0106 LCU per international $, in 1991.
That places Latvia 188th out of 205 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2857 LCU per international $ | 0.0106 LCU per international $ | 0.4175 LCU per international $ | 9 |
| 2000s | 0.5003 LCU per international $ | 0.4028 LCU per international $ | 0.641 LCU per international $ | 10 |
| 2010s | 0.5671 LCU per international $ | 0.5545 LCU per international $ | 0.5805 LCU per international $ | 10 |
| 2020s | 0.5375 LCU per international $ | 0.5207 LCU per international $ | 0.5521 LCU per international $ | 6 |
Countries ranked near Latvia
- 185 Greece 0.5801 LCU per international $ compare
- 186 Portugal 0.5747 LCU per international $ compare
- 187 Slovakia 0.5657 LCU per international $ compare
- 189 Lithuania 0.5496 LCU per international $ compare
- 190 Azerbaijan 0.5429 LCU per international $ compare
- 191 Liberia 0.5335 LCU per international $ compare
More economy & growth data for Latvia
- External balance on goods and services as a percent of GDP -4.6% (2025)
- Inflation of consumer prices 3.7% (2025)
- GDP per capita 16,892 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 31.21 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 16,892 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption expendi in Latvia?
- Ppp conversion factor, households and npishs final consumption expendi in Latvia was 0.5521 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption expendi recorded in Latvia?
- The highest recorded value was 0.641 LCU per international $ in 2008.
- What is the lowest ppp conversion factor, households and npishs final consumption expendi recorded in Latvia?
- The lowest recorded value was 0.0106 LCU per international $ in 1991.
- How does Latvia rank for ppp conversion factor, households and npishs final consumption expendi?
- Latvia ranks 188th out of 205 countries with data for 2025.
- Is ppp conversion factor, households and npishs final consumption expendi rising or falling in Latvia?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for households and NPISHs Final consumption expenditure and the base currency is the US dollar.