Services, value added (current US$), per capita in Latvia

Latvia: Services, value added (current US$), per capita was 16,904 current US$ per person in 2025. ◆ Volatile

Latest (2025)
16,904 current US$ per person
Change on year
up 10.8%
World rank
57th
of 204 countries
All-time high
16,904 current US$ per person
in 2025
All-time low
1,194 current US$ per person
in 1995
Years of data
31
1995–2025

Services, value added (current US$), per capita in Latvia, 1995–2025

05.0k10.0k15.0k1995201020251995: 1.2k current US$ per person1996: 1.3k current US$ per person1997: 1.4k current US$ per person1998: 1.7k current US$ per person1999: 1.8k current US$ per person2000: 2.0k current US$ per person2001: 2.2k current US$ per person2002: 2.5k current US$ per person2003: 3.1k current US$ per person2004: 3.8k current US$ per person2005: 4.6k current US$ per person2006: 5.8k current US$ per person2007: 8.3k current US$ per person2008: 10.0k current US$ per person2009: 7.8k current US$ per person2010: 7.1k current US$ per person2011: 8.1k current US$ per person2012: 8.4k current US$ per person2013: 9.2k current US$ per person2014: 9.8k current US$ per person2015: 8.5k current US$ per person2016: 8.9k current US$ per person2017: 9.6k current US$ per person2018: 10.9k current US$ per person2019: 10.9k current US$ per person2020: 11.0k current US$ per person2021: 12.5k current US$ per person2022: 12.5k current US$ per person2023: 14.5k current US$ per person2024: 15.3k current US$ per person2025: 16.9k current US$ per person

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

In 2025, services, value added (current us$), per capita in Latvia stood at 16,904 current US$ per person. That is the highest value across all 31 years on record.

Compared with earlier readings it is up 10.8% on the previous year and up 97.9% over ten years.

Over the whole period, services, value added (current us$), per capita in Latvia peaked at 16,904 current US$ per person in 2025 and was at its lowest, 1,194 current US$ per person, in 1995.

That places Latvia 57th out of 204 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Services, value added (current US$), per capita in Latvia, year by year

Annual values for Services, value added (current US$), per capita in Latvia, 1995 to 2025.
Year current US$ per person Change
1995 1,194 current US$ per person
1996 1,284 current US$ per person +7.6%
1997 1,430 current US$ per person +11.4%
1998 1,668 current US$ per person +16.6%
1999 1,832 current US$ per person +9.9%
2000 1,982 current US$ per person +8.2%
2001 2,173 current US$ per person +9.6%
2002 2,476 current US$ per person +13.9%
2003 3,087 current US$ per person +24.7%
2004 3,828 current US$ per person +24.0%
2005 4,629 current US$ per person +20.9%
2006 5,767 current US$ per person +24.6%
2007 8,301 current US$ per person +43.9%
2008 9,966 current US$ per person +20.1%
2009 7,782 current US$ per person -21.9%
2010 7,130 current US$ per person -8.4%
2011 8,114 current US$ per person +13.8%
2012 8,403 current US$ per person +3.6%
2013 9,203 current US$ per person +9.5%
2014 9,765 current US$ per person +6.1%
2015 8,543 current US$ per person -12.5%
2016 8,908 current US$ per person +4.3%
2017 9,598 current US$ per person +7.7%
2018 10,914 current US$ per person +13.7%
2019 10,913 current US$ per person -0.0%
2020 10,958 current US$ per person +0.4%
2021 12,486 current US$ per person +13.9%
2022 12,466 current US$ per person -0.2%
2023 14,503 current US$ per person +16.3%
2024 15,263 current US$ per person +5.2%
2025 16,904 current US$ per person +10.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,482 current US$ per person 1,194 current US$ per person 1,832 current US$ per person 5
2000s 4,999 current US$ per person 1,982 current US$ per person 9,966 current US$ per person 10
2010s 9,149 current US$ per person 7,130 current US$ per person 10,914 current US$ per person 10
2020s 13,763 current US$ per person 10,958 current US$ per person 16,904 current US$ per person 6

Countries ranked near Latvia

  1. 54 Slovakia 17,071 current US$ per person compare
  2. 55 Antigua and Barbuda 17,042 current US$ per person compare
  3. 56 Poland 16,978 current US$ per person compare
  4. 58 Saudi Arabia 16,897 current US$ per person compare
  5. 59 Saint Kitts and Nevis 16,687 current US$ per person compare
  6. 60 Bahrain 16,621 current US$ per person compare

See the full ranking of 252 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is services, value added (current us$), per capita in Latvia?
Services, value added (current us$), per capita in Latvia was 16,904 current US$ per person in 2025, according to Statizoid (derived).
What is the highest services, value added (current us$), per capita recorded in Latvia?
The highest recorded value was 16,904 current US$ per person in 2025.
What is the lowest services, value added (current us$), per capita recorded in Latvia?
The lowest recorded value was 1,194 current US$ per person in 1995.
How does Latvia rank for services, value added (current us$), per capita?
Latvia ranks 57th out of 204 countries with data for 2025.
Is services, value added (current us$), per capita rising or falling in Latvia?
Over the last ten years it is up 97.9%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Services, value added (current US$), per capita. Statizoid updates them automatically from the source API.

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Services, value added (current US$), per capita in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-per-capita/latvia/

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How this figure is calculated

Services, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Services, value added (current US$) ÷ Population, total

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
Services, value added (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,748 data points, 1960–2025
Last refreshed

Services, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.