Purchasing power parities, price level indices, nominal and real in Latvia
Latvia: Purchasing power parities, price level indices, nominal and real was 0.7708 in 2024. ▲ Rising
Latest (2024)
0.7708
Change on year
down 0.3%
World rank
45th
of 49 countries
All-time high
0.7732
in 2023
All-time low
0.3535
in 1995
Years of data
30
1995–2024
Purchasing power parities, price level indices, nominal and real in Latvia, 1995–2024
Source: Eurostat.
Analysis
Latvia recorded 0.7708 for purchasing power parities, price level indices, nominal and real in 2024.
Compared with earlier readings it is down 0.3% on the previous year and up 11.0% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Latvia peaked at 0.7732 in 2023 and was at its lowest, 0.3535, in 1995.
That places Latvia 45th out of 49 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Purchasing power parities, price level indices, nominal and real in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.3535 | — |
| 1996 | 0.3871 | +9.5% |
| 1997 | 0.4086 | +5.5% |
| 1998 | 0.4243 | +3.8% |
| 1999 | 0.424 | -0.1% |
| 2000 | 0.4343 | +2.4% |
| 2001 | 0.4268 | -1.7% |
| 2002 | 0.4403 | +3.1% |
| 2003 | 0.4606 | +4.6% |
| 2004 | 0.4887 | +6.1% |
| 2005 | 0.5354 | +9.6% |
| 2006 | 0.6149 | +14.8% |
| 2007 | 0.7165 | +16.5% |
| 2008 | 0.7416 | +3.5% |
| 2009 | 0.69 | -7.0% |
| 2010 | 0.6435 | -6.7% |
| 2011 | 0.669 | +4.0% |
| 2012 | 0.6855 | +2.5% |
| 2013 | 0.6917 | +0.9% |
| 2014 | 0.6942 | +0.4% |
| 2015 | 0.692 | -0.3% |
| 2016 | 0.6975 | +0.8% |
| 2017 | 0.7054 | +1.1% |
| 2018 | 0.7226 | +2.4% |
| 2019 | 0.7378 | +2.1% |
| 2020 | 0.7353 | -0.3% |
| 2021 | 0.7276 | -1.0% |
| 2022 | 0.7669 | +5.4% |
| 2023 | 0.7732 | +0.8% |
| 2024 | 0.7708 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3995 | 0.3535 | 0.4243 | 5 |
| 2000s | 0.5549 | 0.4268 | 0.7416 | 10 |
| 2010s | 0.6939 | 0.6435 | 0.7378 | 10 |
| 2020s | 0.7548 | 0.7276 | 0.7732 | 5 |
Countries ranked near Latvia
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- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
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- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Latvia?
- Purchasing power parities, price level indices, nominal and real in Latvia was 0.7708 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Latvia?
- The highest recorded value was 0.7732 in 2023.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Latvia?
- The lowest recorded value was 0.3535 in 1995.
- How does Latvia rank for purchasing power parities, price level indices, nominal and real?
- Latvia ranks 45th out of 49 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Latvia?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
Download this data
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