Services, value added (current US$), per unit of GDP in Latvia
Latvia: Services, value added (current US$), per unit of GDP was 0.6425 current US$ per US$ of GDP in 2025. ▲ Rising
Services, value added (current US$), per unit of GDP in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (current us$), per unit of gdp in Latvia is 0.6425 current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is down 0.8% on the previous year and up 0.2% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Latvia peaked at 0.6487 current US$ per US$ of GDP in 2009 and was at its lowest, 0.5289 current US$ per US$ of GDP, in 1995.
Latvia ranks 61st of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Services, value added (current US$), per unit of GDP in Latvia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.5289 current US$ per US$ of GDP | — |
| 1996 | 0.544 current US$ per US$ of GDP | +2.9% |
| 1997 | 0.548 current US$ per US$ of GDP | +0.7% |
| 1998 | 0.5763 current US$ per US$ of GDP | +5.2% |
| 1999 | 0.5981 current US$ per US$ of GDP | +3.8% |
| 2000 | 0.6046 current US$ per US$ of GDP | +1.1% |
| 2001 | 0.6201 current US$ per US$ of GDP | +2.6% |
| 2002 | 0.6185 current US$ per US$ of GDP | -0.3% |
| 2003 | 0.6282 current US$ per US$ of GDP | +1.6% |
| 2004 | 0.6265 current US$ per US$ of GDP | -0.3% |
| 2005 | 0.6355 current US$ per US$ of GDP | +1.4% |
| 2006 | 0.6261 current US$ per US$ of GDP | -1.5% |
| 2007 | 0.6208 current US$ per US$ of GDP | -0.8% |
| 2008 | 0.6357 current US$ per US$ of GDP | +2.4% |
| 2009 | 0.6487 current US$ per US$ of GDP | +2.0% |
| 2010 | 0.6373 current US$ per US$ of GDP | -1.8% |
| 2011 | 0.6289 current US$ per US$ of GDP | -1.3% |
| 2012 | 0.6304 current US$ per US$ of GDP | +0.2% |
| 2013 | 0.6354 current US$ per US$ of GDP | +0.8% |
| 2014 | 0.643 current US$ per US$ of GDP | +1.2% |
| 2015 | 0.6413 current US$ per US$ of GDP | -0.3% |
| 2016 | 0.6437 current US$ per US$ of GDP | +0.4% |
| 2017 | 0.6342 current US$ per US$ of GDP | -1.5% |
| 2018 | 0.6326 current US$ per US$ of GDP | -0.3% |
| 2019 | 0.631 current US$ per US$ of GDP | -0.3% |
| 2020 | 0.6239 current US$ per US$ of GDP | -1.1% |
| 2021 | 0.6163 current US$ per US$ of GDP | -1.2% |
| 2022 | 0.6165 current US$ per US$ of GDP | +0.0% |
| 2023 | 0.6386 current US$ per US$ of GDP | +3.6% |
| 2024 | 0.6473 current US$ per US$ of GDP | +1.4% |
| 2025 | 0.6425 current US$ per US$ of GDP | -0.8% |
Latvia compared with similar countries
- Latvia's 0.6425 current US$ per US$ of GDP is below the median for high income countries, which is 0.6616 current US$ per US$ of GDP, 97% of the median. (77 countries reporting)
- Latvia's 0.6425 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.614 current US$ per US$ of GDP, 1.0× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5591 current US$ per US$ of GDP | 0.5289 current US$ per US$ of GDP | 0.5981 current US$ per US$ of GDP | 5 |
| 2000s | 0.6265 current US$ per US$ of GDP | 0.6046 current US$ per US$ of GDP | 0.6487 current US$ per US$ of GDP | 10 |
| 2010s | 0.6358 current US$ per US$ of GDP | 0.6289 current US$ per US$ of GDP | 0.6437 current US$ per US$ of GDP | 10 |
| 2020s | 0.6308 current US$ per US$ of GDP | 0.6163 current US$ per US$ of GDP | 0.6473 current US$ per US$ of GDP | 6 |
Countries ranked near Latvia
- 58 Italy 0.6451 current US$ per US$ of GDP compare
- 59 Germany 0.6446 current US$ per US$ of GDP compare
- 60 Philippines 0.6442 current US$ per US$ of GDP compare
- 62 Canada 0.6411 current US$ per US$ of GDP compare
- 63 Austria 0.6405 current US$ per US$ of GDP compare
- 64 Georgia 0.6394 current US$ per US$ of GDP 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$), per unit of gdp in Latvia?
- Services, value added (current us$), per unit of gdp in Latvia was 0.6425 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.6487 current US$ per US$ of GDP in 2009.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.5289 current US$ per US$ of GDP in 1995.
- How does Latvia rank for services, value added (current us$), per unit of gdp?
- Latvia ranks 61st out of 204 countries with data for 2025.
- Is services, value added (current us$), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.