Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia
Latvia: Annual Purchasing Power Parities and exchange rates — Purchasing was 0.5521 National currency per US dollar in 2025. ▲ Rising
Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia, 1994–2025
Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.
Analysis
The most recent figure for annual purchasing power parities and exchange rates — purchasing in Latvia is 0.5521 National currency per US dollar, measured in 2025.
The figure is up 3.6% on the previous year and down 3.0% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — purchasing in Latvia peaked at 0.641 National currency per US dollar in 2008 and was at its lowest, 0.291 National currency per US dollar, in 1994.
The long-run direction has been consistently rising across the 32 years of available data.
Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1994 | 0.291 National currency per US dollar | — |
| 1995 | 0.3371 National currency per US dollar | +15.8% |
| 1996 | 0.3764 National currency per US dollar | +11.7% |
| 1997 | 0.3982 National currency per US dollar | +5.8% |
| 1998 | 0.4125 National currency per US dollar | +3.6% |
| 1999 | 0.4175 National currency per US dollar | +1.2% |
| 2000 | 0.4127 National currency per US dollar | -1.1% |
| 2001 | 0.4028 National currency per US dollar | -2.4% |
| 2002 | 0.4123 National currency per US dollar | +2.3% |
| 2003 | 0.4325 National currency per US dollar | +4.9% |
| 2004 | 0.4557 National currency per US dollar | +5.4% |
| 2005 | 0.4925 National currency per US dollar | +8.1% |
| 2006 | 0.5443 National currency per US dollar | +10.5% |
| 2007 | 0.5997 National currency per US dollar | +10.2% |
| 2008 | 0.641 National currency per US dollar | +6.9% |
| 2009 | 0.61 National currency per US dollar | -4.8% |
| 2010 | 0.5664 National currency per US dollar | -7.1% |
| 2011 | 0.5778 National currency per US dollar | +2.0% |
| 2012 | 0.5805 National currency per US dollar | +0.5% |
| 2013 | 0.5642 National currency per US dollar | -2.8% |
| 2014 | 0.5697 National currency per US dollar | +1.0% |
| 2015 | 0.5693 National currency per US dollar | -0.1% |
| 2016 | 0.5611 National currency per US dollar | -1.4% |
| 2017 | 0.562 National currency per US dollar | +0.2% |
| 2018 | 0.5659 National currency per US dollar | +0.7% |
| 2019 | 0.5545 National currency per US dollar | -2.0% |
| 2020 | 0.5509 National currency per US dollar | -0.7% |
| 2021 | 0.5207 National currency per US dollar | -5.5% |
| 2022 | 0.536 National currency per US dollar | +2.9% |
| 2023 | 0.5325 National currency per US dollar | -0.6% |
| 2024 | 0.5331 National currency per US dollar | +0.1% |
| 2025 | 0.5521 National currency per US dollar | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3721 National currency per US dollar | 0.291 National currency per US dollar | 0.4175 National currency per US dollar | 6 |
| 2000s | 0.5003 National currency per US dollar | 0.4028 National currency per US dollar | 0.641 National currency per US dollar | 10 |
| 2010s | 0.5671 National currency per US dollar | 0.5545 National currency per US dollar | 0.5805 National currency per US dollar | 10 |
| 2020s | 0.5375 National currency per US dollar | 0.5207 National currency per US dollar | 0.5521 National currency per US dollar | 6 |
Countries ranked near Latvia
- 6 Cameroon 207.58 National currency per US dollar compare
- 7 Hungary 204.54 National currency per US dollar compare
- 8 Kazakhstan 176.08 National currency per US dollar compare
- 9 Iceland 166.6 National currency per US dollar compare
- 10 Japan 103.34 National currency per US dollar compare
- 11 Serbia 52.93 National currency per US dollar compare
- 12 Albania 47.12 National currency per US dollar compare
More population data for Latvia
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1,434 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.9921 Percent per annum (2030)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates -0.9922 % change on previous year (2030)
- Population projections 1.26 million Persons (2070)
- Historical population data 1.85 million Persons (2025)
- Annual household final consumption expenditure of durable goods and 119.04 Index (2022)
- Annual household final consumption expenditure by purpose (COICOP) 119.04 Index (2022)
- Annual household final consumption expenditure on the territory and 119.04 Index (2022)
- Annual households final consumption expenditure (for 'Developer API') 119.04 Index (2022)
- Annual household final consumption expenditure of durable goods and 120.36 Index (2023)
Frequently asked questions
- What is annual purchasing power parities and exchange rates — purchasing in Latvia?
- Annual purchasing power parities and exchange rates — purchasing in Latvia was 0.5521 National currency per US dollar in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Latvia?
- The highest recorded value was 0.641 National currency per US dollar in 2008.
- What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Latvia?
- The lowest recorded value was 0.291 National currency per US dollar in 1994.
- How does Latvia rank for annual purchasing power parities and exchange rates — purchasing?
- Latvia ranks 9th out of 10 groups with data for 2025.
- Is annual purchasing power parities and exchange rates — purchasing rising or falling in Latvia?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for household final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org