GDP (current LCU), per unit of GDP in Latvia
Latvia: GDP (current LCU), per unit of GDP was 0.9138 current LCU per US$ of GDP in 2024. ▲ Rising
GDP (current LCU), per unit of GDP in Latvia, 1995–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gdp (current lcu), per unit of gdp in Latvia is 0.9138 current LCU per US$ of GDP, measured in 2024.
The figure is down 0.7% on the previous year and up 21.4% over ten years.
Over the whole period, gdp (current lcu), per unit of gdp in Latvia peaked at 0.9499 current LCU per US$ of GDP in 2022 and was at its lowest, 0.6841 current LCU per US$ of GDP, in 2008.
That places Latvia 195th out of 211 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
GDP (current LCU), per unit of GDP in Latvia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.7012 current LCU per US$ of GDP | — |
| 1996 | 0.7836 current LCU per US$ of GDP | +11.8% |
| 1997 | 0.8266 current LCU per US$ of GDP | +5.5% |
| 1998 | 0.8393 current LCU per US$ of GDP | +1.5% |
| 1999 | 0.8326 current LCU per US$ of GDP | -0.8% |
| 2000 | 0.863 current LCU per US$ of GDP | +3.7% |
| 2001 | 0.8934 current LCU per US$ of GDP | +3.5% |
| 2002 | 0.8796 current LCU per US$ of GDP | -1.5% |
| 2003 | 0.8131 current LCU per US$ of GDP | -7.6% |
| 2004 | 0.7687 current LCU per US$ of GDP | -5.5% |
| 2005 | 0.8035 current LCU per US$ of GDP | +4.5% |
| 2006 | 0.7974 current LCU per US$ of GDP | -0.8% |
| 2007 | 0.7311 current LCU per US$ of GDP | -8.3% |
| 2008 | 0.6841 current LCU per US$ of GDP | -6.4% |
| 2009 | 0.7194 current LCU per US$ of GDP | +5.2% |
| 2010 | 0.755 current LCU per US$ of GDP | +5.0% |
| 2011 | 0.7194 current LCU per US$ of GDP | -4.7% |
| 2012 | 0.7783 current LCU per US$ of GDP | +8.2% |
| 2013 | 0.7532 current LCU per US$ of GDP | -3.2% |
| 2014 | 0.7527 current LCU per US$ of GDP | -0.1% |
| 2015 | 0.9013 current LCU per US$ of GDP | +19.7% |
| 2016 | 0.9034 current LCU per US$ of GDP | +0.2% |
| 2017 | 0.8852 current LCU per US$ of GDP | -2.0% |
| 2018 | 0.8468 current LCU per US$ of GDP | -4.3% |
| 2019 | 0.8933 current LCU per US$ of GDP | +5.5% |
| 2020 | 0.8755 current LCU per US$ of GDP | -2.0% |
| 2021 | 0.8455 current LCU per US$ of GDP | -3.4% |
| 2022 | 0.9499 current LCU per US$ of GDP | +12.3% |
| 2023 | 0.9204 current LCU per US$ of GDP | -3.1% |
| 2024 | 0.9138 current LCU per US$ of GDP | -0.7% |
Latvia compared with similar countries
- Latvia's 0.9138 current LCU per US$ of GDP is below the median for high income countries, which is 1.01 current LCU per US$ of GDP, 90% of the median. (82 countries reporting)
- Latvia's 0.9138 current LCU per US$ of GDP is below the median for Europe & Central Asia, which is 1.7 current LCU per US$ of GDP, 54% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7967 current LCU per US$ of GDP | 0.7012 current LCU per US$ of GDP | 0.8393 current LCU per US$ of GDP | 5 |
| 2000s | 0.7953 current LCU per US$ of GDP | 0.6841 current LCU per US$ of GDP | 0.8934 current LCU per US$ of GDP | 10 |
| 2010s | 0.8189 current LCU per US$ of GDP | 0.7194 current LCU per US$ of GDP | 0.9034 current LCU per US$ of GDP | 10 |
| 2020s | 0.901 current LCU per US$ of GDP | 0.8455 current LCU per US$ of GDP | 0.9499 current LCU per US$ of GDP | 5 |
Countries ranked near Latvia
- 192 Lithuania 0.917 current LCU per US$ of GDP compare
- 193 Estonia 0.9161 current LCU per US$ of GDP compare
- 194 Belgium 0.9151 current LCU per US$ of GDP compare
- 196 Portugal 0.9092 current LCU per US$ of GDP compare
- 197 Liechtenstein 0.9038 current LCU per US$ of GDP compare
- 198 Montenegro 0.9015 current LCU per US$ of GDP compare
More population data for Latvia
- Population regions with projections, annual growth rate -1.02 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.55 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.02 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8064 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.481 % change on previous year (2100)
- World population growth -1.0% (2100)
- Population density 14.87 people per km² (2100)
- Number of children under 5, by world region 31,860 people (2100)
- Population growth rate, by level of development -1.0% (2100)
- Number of people living in urban and rural areas, annual growth rate -0.7629 % change on previous year (2025)
Frequently asked questions
- What is gdp (current lcu), per unit of gdp in Latvia?
- Gdp (current lcu), per unit of gdp in Latvia was 0.9138 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), per unit of gdp recorded in Latvia?
- The highest recorded value was 0.9499 current LCU per US$ of GDP in 2022.
- What is the lowest gdp (current lcu), per unit of gdp recorded in Latvia?
- The lowest recorded value was 0.6841 current LCU per US$ of GDP in 2008.
- How does Latvia rank for gdp (current lcu), per unit of gdp?
- Latvia ranks 195th out of 211 countries with data for 2024.
- Is gdp (current lcu), per unit of gdp rising or falling in Latvia?
- Over the last ten years it is up 21.4%. 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 GDP (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
GDP (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current LCU) ÷ GDP (current US$)
Computed from
- GDP UNESCO Institute for Statistics
- 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
GDP (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.