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
Services, value added (current US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ 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$), per capita in Latvia, year by year
| Year | current US$ 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% |
Latvia compared with similar countries
- Latvia's 16,904 current US$ per person is below the median for high income countries, which is 26,620 current US$ per person, 64% of the median. (77 countries reporting)
- Latvia's 16,904 current US$ per person is below the median for Europe & Central Asia, which is 21,354 current US$ per person, 79% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 54 Slovakia 17,071 current US$ per person compare
- 55 Antigua and Barbuda 17,042 current US$ per person compare
- 56 Poland 16,978 current US$ per person compare
- 58 Saudi Arabia 16,897 current US$ per person compare
- 59 Saint Kitts and Nevis 16,687 current US$ per person compare
- 60 Bahrain 16,621 current US$ per person compare
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
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$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (current US$) 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$) ÷ Population, total
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.