Unit values at basic prices (1980-2018) in Latvia
Latvia: Unit values at basic prices (1980-2018) was 169.6 in 2018. ▲ Rising
Latest (2018)
169.6
Change on year
up 16.3%
World rank
15th
of 41 countries
All-time high
191.6
in 2012
All-time low
66.1
in 1999
Years of data
20
1999–2018
Unit values at basic prices in Latvia, 1999–2018
Source: Eurostat.
Analysis
In 2018, unit values at basic prices in Latvia stood at 169.6.
That represents a change of up 16.3% on the previous year and up 76.7% over ten years.
Over the whole period, unit values at basic prices in Latvia peaked at 191.6 in 2012 and was at its lowest, 66.1, in 1999.
That places Latvia 15th out of 41 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Unit values at basic prices (1980-2018) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 66.1 | — |
| 2000 | 78.9 | +19.4% |
| 2001 | 76.5 | -3.0% |
| 2002 | 73.8 | -3.5% |
| 2003 | 80.9 | +9.6% |
| 2004 | 87.9 | +8.7% |
| 2005 | 76.3 | -13.2% |
| 2006 | 97.7 | +28.0% |
| 2007 | 124.9 | +27.8% |
| 2008 | 96 | -23.1% |
| 2009 | 78.5 | -18.2% |
| 2010 | 105.7 | +34.6% |
| 2011 | 178.1 | +68.5% |
| 2012 | 191.6 | +7.6% |
| 2013 | 175.1 | -8.6% |
| 2014 | 146.6 | -16.3% |
| 2015 | 142.8 | -2.6% |
| 2016 | 140.4 | -1.7% |
| 2017 | 145.8 | +3.8% |
| 2018 | 169.6 | +16.3% |
Latvia compared with similar countries
- Latvia's 169.6 is above the median for Europe & Central Asia, which is 166.8, 1.0× the median. (30 countries reporting)
- Latvia's 169.6 is above the median for high income countries, which is 166.8, 1.0× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 66.1 | 66.1 | 66.1 | 1 |
| 2000s | 87.14 | 73.8 | 124.9 | 10 |
| 2010s | 155.08 | 105.7 | 191.6 | 9 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- 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)
Frequently asked questions
- What is unit values at basic prices in Latvia?
- Unit values at basic prices in Latvia was 169.6 in 2018, according to Eurostat.
- What is the highest unit values at basic prices recorded in Latvia?
- The highest recorded value was 191.6 in 2012.
- What is the lowest unit values at basic prices recorded in Latvia?
- The lowest recorded value was 66.1 in 1999.
- How does Latvia rank for unit values at basic prices?
- Latvia ranks 15th out of 41 countries with data for 2018.
- Is unit values at basic prices rising or falling in Latvia?
- Over the last ten years it is up 76.7%. 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 Unit values at basic prices (1980-2018). Statizoid updates them automatically from the source API.
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