Rate, Domestic currency per international dollar in PPP terms, ICP in Latvia
Latvia: Rate, Domestic currency per international dollar in PPP terms, ICP was 0.5621 in 2031. ▲ Rising
Rate, Domestic currency per international dollar in PPP terms, ICP in Latvia, 1992–2031
Source: International Monetary Fund.
Analysis
The most recent figure for rate, domestic currency per international dollar in ppp terms, icp in Latvia is 0.5621, measured in 2031. That is the highest value across all 40 years on record.
That represents a change of up 0.7% on the previous year and up 16.8% over ten years.
Over the whole period, rate, domestic currency per international dollar in ppp terms, icp in Latvia peaked at 0.5621 in 2031 and was at its lowest, 0.1091, in 1992.
Latvia ranks 22nd of 26 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 40 years of available data.
Rate, Domestic currency per international dollar in PPP terms, ICP in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 0.1091 | — |
| 1993 | 0.1757 | +61.0% |
| 1994 | 0.2344 | +33.4% |
| 1995 | 0.2638 | +12.6% |
| 1996 | 0.2927 | +10.9% |
| 1997 | 0.3044 | +4.0% |
| 1998 | 0.315 | +3.5% |
| 1999 | 0.3148 | -0.1% |
| 2000 | 0.3194 | +1.5% |
| 2001 | 0.3206 | +0.4% |
| 2002 | 0.326 | +1.7% |
| 2003 | 0.3313 | +1.6% |
| 2004 | 0.345 | +4.1% |
| 2005 | 0.3694 | +7.1% |
| 2006 | 0.395 | +6.9% |
| 2007 | 0.4598 | +16.4% |
| 2008 | 0.5069 | +10.3% |
| 2009 | 0.4749 | -6.3% |
| 2010 | 0.467 | -1.7% |
| 2011 | 0.4791 | +2.6% |
| 2012 | 0.4838 | +1.0% |
| 2013 | 0.4848 | +0.2% |
| 2014 | 0.4844 | -0.1% |
| 2015 | 0.4818 | -0.5% |
| 2016 | 0.4802 | -0.3% |
| 2017 | 0.4845 | +0.9% |
| 2018 | 0.4899 | +1.1% |
| 2019 | 0.4798 | -2.1% |
| 2020 | 0.4697 | -2.1% |
| 2021 | 0.4812 | +2.4% |
| 2022 | 0.4928 | +2.4% |
| 2023 | 0.5259 | +6.7% |
| 2024 | 0.5275 | +0.3% |
| 2025 | 0.5315 | +0.8% |
| 2026 | 0.5349 | +0.6% |
| 2027 | 0.5416 | +1.3% |
| 2028 | 0.55 | +1.6% |
| 2029 | 0.5545 | +0.8% |
| 2030 | 0.5581 | +0.7% |
| 2031 | 0.5621 | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2512 | 0.1091 | 0.315 | 8 |
| 2000s | 0.3848 | 0.3194 | 0.5069 | 10 |
| 2010s | 0.4815 | 0.467 | 0.4899 | 10 |
| 2020s | 0.5209 | 0.4697 | 0.5545 | 10 |
| 2030s | 0.5601 | 0.5581 | 0.5621 | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Households and NPISHs Final consumption expenditure (current LCU) 4.4 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5099 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 13,417 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.7513 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3809 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,022 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 11.05 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8052 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 21,187 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 6.37 % change on previous year (2025)
Frequently asked questions
- What is rate, domestic currency per international dollar in ppp terms, icp in Latvia?
- Rate, domestic currency per international dollar in ppp terms, icp in Latvia was 0.5621 in 2031, according to International Monetary Fund.
- What is the highest rate, domestic currency per international dollar in ppp terms, icp recorded in Latvia?
- The highest recorded value was 0.5621 in 2031.
- What is the lowest rate, domestic currency per international dollar in ppp terms, icp recorded in Latvia?
- The lowest recorded value was 0.1091 in 1992.
- How does Latvia rank for rate, domestic currency per international dollar in ppp terms, icp?
- Latvia ranks 22nd out of 26 countries with data for 2031.
- Is rate, domestic currency per international dollar in ppp terms, icp rising or falling in Latvia?
- Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Rate, Domestic currency per international dollar in PPP terms, ICP benchmarks 2017-2021 (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.