GDP (current US$), per unit of GDP in Latvia

Latvia: GDP (current US$), per unit of GDP was 0.9891 current US$ per US$ of GDP in 2024. ▬ Flat

Latest (2024)
0.9891 current US$ per US$ of GDP
Change on year
down 0.6%
World rank
145th
of 211 countries
All-time high
1 current US$ per US$ of GDP
in 2022
All-time low
0.9891 current US$ per US$ of GDP
in 2024
Years of data
30
1995–2024

GDP (current US$), per unit of GDP in Latvia, 1995–2024

00.250.50.7511995200920241995: 1 current US$ per US$ of GDP1996: 1 current US$ per US$ of GDP1997: 1 current US$ per US$ of GDP1998: 1 current US$ per US$ of GDP1999: 1 current US$ per US$ of GDP2000: 1 current US$ per US$ of GDP2001: 1 current US$ per US$ of GDP2002: 1 current US$ per US$ of GDP2003: 1 current US$ per US$ of GDP2004: 1 current US$ per US$ of GDP2005: 1 current US$ per US$ of GDP2006: 1 current US$ per US$ of GDP2007: 1 current US$ per US$ of GDP2008: 1 current US$ per US$ of GDP2009: 1 current US$ per US$ of GDP2010: 1 current US$ per US$ of GDP2011: 1 current US$ per US$ of GDP2012: 1 current US$ per US$ of GDP2013: 1 current US$ per US$ of GDP2014: 1 current US$ per US$ of GDP2015: 1 current US$ per US$ of GDP2016: 1 current US$ per US$ of GDP2017: 1 current US$ per US$ of GDP2018: 1 current US$ per US$ of GDP2019: 1 current US$ per US$ of GDP2020: 1 current US$ per US$ of GDP2021: 1 current US$ per US$ of GDP2022: 1 current US$ per US$ of GDP2023: 0.995 current US$ per US$ of GDP2024: 0.989 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2024, gdp (current us$), per unit of gdp in Latvia stood at 0.9891 current US$ per US$ of GDP. That is the lowest value across all 30 years on record.

The figure is down 0.6% on the previous year and down 1.1% over ten years.

Over the whole period, gdp (current us$), per unit of gdp in Latvia peaked at 1 current US$ per US$ of GDP in 2022 and was at its lowest, 0.9891 current US$ per US$ of GDP, in 2024.

Latvia ranks 145th of 211 countries on this measure, in the middle of the range.

GDP (current US$), per unit of GDP in Latvia, year by year

Annual values for GDP (current US$), per unit of GDP in Latvia, 1995 to 2024.
Year current US$ per US$ of GDP Change
1995 1 current US$ per US$ of GDP
1996 1 current US$ per US$ of GDP +0.0%
1997 1 current US$ per US$ of GDP +0.0%
1998 1 current US$ per US$ of GDP +0.0%
1999 1 current US$ per US$ of GDP +0.0%
2000 1 current US$ per US$ of GDP +0.0%
2001 1 current US$ per US$ of GDP +0.0%
2002 1 current US$ per US$ of GDP +0.0%
2003 1 current US$ per US$ of GDP +0.0%
2004 1 current US$ per US$ of GDP +0.0%
2005 1 current US$ per US$ of GDP +0.0%
2006 1 current US$ per US$ of GDP +0.0%
2007 1 current US$ per US$ of GDP +0.0%
2008 1 current US$ per US$ of GDP +0.0%
2009 1 current US$ per US$ of GDP +0.0%
2010 1 current US$ per US$ of GDP +0.0%
2011 1 current US$ per US$ of GDP +0.0%
2012 1 current US$ per US$ of GDP +0.0%
2013 1 current US$ per US$ of GDP +0.0%
2014 1 current US$ per US$ of GDP +0.0%
2015 1 current US$ per US$ of GDP +0.0%
2016 1 current US$ per US$ of GDP +0.0%
2017 1 current US$ per US$ of GDP +0.0%
2018 1 current US$ per US$ of GDP +0.0%
2019 1 current US$ per US$ of GDP +0.0%
2020 1 current US$ per US$ of GDP +0.0%
2021 1 current US$ per US$ of GDP +0.0%
2022 1 current US$ per US$ of GDP +0.0%
2023 0.9952 current US$ per US$ of GDP -0.5%
2024 0.9891 current US$ per US$ of GDP -0.6%

Latvia compared with similar countries

  • Latvia's 0.9891 current US$ per US$ of GDP is below the median for high income countries, which is 0.9969 current US$ per US$ of GDP, 99% of the median. (82 countries reporting)
  • Latvia's 0.9891 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.9942 current US$ per US$ of GDP, 99% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1 current US$ per US$ of GDP 1 current US$ per US$ of GDP 1 current US$ per US$ of GDP 5
2000s 1 current US$ per US$ of GDP 1 current US$ per US$ of GDP 1 current US$ per US$ of GDP 10
2010s 1 current US$ per US$ of GDP 1 current US$ per US$ of GDP 1 current US$ per US$ of GDP 10
2020s 0.9969 current US$ per US$ of GDP 0.9891 current US$ per US$ of GDP 1 current US$ per US$ of GDP 5

Countries ranked near Latvia

  1. 142 Bulgaria 0.99 current US$ per US$ of GDP compare
  2. 143 Mauritania 0.9897 current US$ per US$ of GDP compare
  3. 144 Kazakhstan 0.9895 current US$ per US$ of GDP compare
  4. 146 Serbia 0.9888 current US$ per US$ of GDP compare
  5. 147 Georgia 0.9879 current US$ per US$ of GDP compare
  6. 148 Maldives 0.9878 current US$ per US$ of GDP compare

See the full ranking of 211 places →

More population data for Latvia

All data for Latvia →

Frequently asked questions

What is gdp (current us$), per unit of gdp in Latvia?
Gdp (current us$), per unit of gdp in Latvia was 0.9891 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), per unit of gdp recorded in Latvia?
The highest recorded value was 1 current US$ per US$ of GDP in 2022.
What is the lowest gdp (current us$), per unit of gdp recorded in Latvia?
The lowest recorded value was 0.9891 current US$ per US$ of GDP in 2024.
How does Latvia rank for gdp (current us$), per unit of gdp?
Latvia ranks 145th out of 211 countries with data for 2024.
Is gdp (current us$), per unit of gdp rising or falling in Latvia?
Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of GDP (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP (current US$), per unit of GDP in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-us-per-unit-of-gdp/latvia/

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How this figure is calculated

GDP (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.

GDP (current US$) ÷ GDP (current US$)

Computed from

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

Indicator
GDP (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,314 data points, 1970–2024
Last refreshed

GDP (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.