PPP conversion factor, GDP in Latvia

Latvia: PPP conversion factor, GDP was 0.4921 LCU per international $ in 2024. β–² Rising

Latest (2024)
0.4921 LCU per international $
Change on year
down 1.9%
World rank
190th
of 201 countries
All-time high
0.5755 LCU per international $
in 2008
All-time low
0.0047 LCU per international $
in 1990
Years of data
35
1990–2024

PPP conversion factor, GDP in Latvia, 1990–2024

00.20.40.61990200720241990: 0.005 LCU per international $1991: 0.012 LCU per international $1992: 0.121 LCU per international $1993: 0.182 LCU per international $1994: 0.243 LCU per international $1995: 0.296 LCU per international $1996: 0.328 LCU per international $1997: 0.342 LCU per international $1998: 0.353 LCU per international $1999: 0.354 LCU per international $2000: 0.361 LCU per international $2001: 0.353 LCU per international $2002: 0.361 LCU per international $2003: 0.378 LCU per international $2004: 0.399 LCU per international $2005: 0.439 LCU per international $2006: 0.489 LCU per international $2007: 0.566 LCU per international $2008: 0.576 LCU per international $2009: 0.521 LCU per international $2010: 0.487 LCU per international $2011: 0.499 LCU per international $2012: 0.506 LCU per international $2013: 0.499 LCU per international $2014: 0.498 LCU per international $2015: 0.497 LCU per international $2016: 0.485 LCU per international $2017: 0.485 LCU per international $2018: 0.49 LCU per international $2019: 0.48 LCU per international $2020: 0.47 LCU per international $2021: 0.464 LCU per international $2022: 0.481 LCU per international $2023: 0.502 LCU per international $2024: 0.492 LCU per international $

Source: UNESCO Institute for Statistics. Measured in LCU per international $.

Analysis

In 2024, ppp conversion factor, gdp in Latvia stood at 0.4921 LCU per international $.

Compared with earlier readings it is down 1.9% on the previous year and down 1.1% over ten years.

Over the whole period, ppp conversion factor, gdp in Latvia peaked at 0.5755 LCU per international $ in 2008 and was at its lowest, 0.0047 LCU per international $, in 1990.

That places Latvia 190th out of 201 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2237 LCU per international $ 0.0047 LCU per international $ 0.3543 LCU per international $ 10
2000s 0.4442 LCU per international $ 0.3533 LCU per international $ 0.5755 LCU per international $ 10
2010s 0.4925 LCU per international $ 0.4798 LCU per international $ 0.5062 LCU per international $ 10
2020s 0.4816 LCU per international $ 0.4641 LCU per international $ 0.5016 LCU per international $ 5

Countries ranked near Latvia

  1. 187 Lithuania 0.499 LCU per international $ compare
  2. 188 Brunei 0.496 LCU per international $ compare
  3. 189 Azerbaijan 0.4935 LCU per international $ compare
  4. 191 Panama 0.4614 LCU per international $ compare
  5. 192 Croatia 0.4552 LCU per international $ compare
  6. 193 Liberia 0.449 LCU per international $ compare

See the full ranking of 203 places β†’

More population data for Latvia

All data for Latvia β†’

Frequently asked questions

What is ppp conversion factor, gdp in Latvia?
Ppp conversion factor, gdp in Latvia was 0.4921 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, gdp recorded in Latvia?
The highest recorded value was 0.5755 LCU per international $ in 2008.
What is the lowest ppp conversion factor, gdp recorded in Latvia?
The lowest recorded value was 0.0047 LCU per international $ in 1990.
How does Latvia rank for ppp conversion factor, gdp?
Latvia ranks 190th out of 201 countries with data for 2024.
Is ppp conversion factor, 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 rising.
Where does this Latvia data come from?
The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, GDP in Latvia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-gdp-lcu-per-international-2/latvia/

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About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
203 places, 6,834 data points, 1990–2024
Last refreshed

February 2026 Data Release