PPP conversion factor, private consumption in Latvia

Latvia: PPP conversion factor, private consumption was 0.5449 LCU per international $ in 2024. β–² Rising

Latest (2024)
0.5449 LCU per international $
Change on year
down 3.4%
World rank
186th
of 201 countries
All-time high
0.641 LCU per international $
in 2008
All-time low
0.0106 LCU per international $
in 1991
Years of data
34
1991–2024

PPP conversion factor, private consumption in Latvia, 1991–2024

00.20.40.61991200720241991: 0.011 LCU per international $1992: 0.108 LCU per international $1993: 0.22 LCU per international $1994: 0.291 LCU per international $1995: 0.337 LCU per international $1996: 0.376 LCU per international $1997: 0.398 LCU per international $1998: 0.412 LCU per international $1999: 0.417 LCU per international $2000: 0.413 LCU per international $2001: 0.403 LCU per international $2002: 0.412 LCU per international $2003: 0.432 LCU per international $2004: 0.456 LCU per international $2005: 0.492 LCU per international $2006: 0.544 LCU per international $2007: 0.6 LCU per international $2008: 0.641 LCU per international $2009: 0.611 LCU per international $2010: 0.566 LCU per international $2011: 0.578 LCU per international $2012: 0.581 LCU per international $2013: 0.564 LCU per international $2014: 0.57 LCU per international $2015: 0.569 LCU per international $2016: 0.561 LCU per international $2017: 0.562 LCU per international $2018: 0.566 LCU per international $2019: 0.554 LCU per international $2020: 0.551 LCU per international $2021: 0.521 LCU per international $2022: 0.543 LCU per international $2023: 0.564 LCU per international $2024: 0.545 LCU per international $

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

Analysis

The most recent figure for ppp conversion factor, private consumption in Latvia is 0.5449 LCU per international $, measured in 2024.

That represents a change of down 3.4% on the previous year and down 4.4% over ten years.

Over the whole period, ppp conversion factor, private consumption in Latvia peaked at 0.641 LCU per international $ in 2008 and was at its lowest, 0.0106 LCU per international $, in 1991.

That places Latvia 186th out of 201 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2857 LCU per international $ 0.0106 LCU per international $ 0.4175 LCU per international $ 9
2000s 0.5004 LCU per international $ 0.4029 LCU per international $ 0.641 LCU per international $ 10
2010s 0.5671 LCU per international $ 0.5545 LCU per international $ 0.5805 LCU per international $ 10
2020s 0.5448 LCU per international $ 0.5207 LCU per international $ 0.5643 LCU per international $ 5

Countries ranked near Latvia

  1. 183 Portugal 0.5794 LCU per international $ compare
  2. 184 Greece 0.5727 LCU per international $ compare
  3. 185 Slovakia 0.5645 LCU per international $ compare
  4. 187 Lithuania 0.5436 LCU per international $ compare
  5. 188 Brunei 0.5429 LCU per international $ compare
  6. 189 Azerbaijan 0.5279 LCU per international $ compare

See the full ranking of 204 places β†’

More population data for Latvia

All data for Latvia β†’

Frequently asked questions

What is ppp conversion factor, private consumption in Latvia?
Ppp conversion factor, private consumption in Latvia was 0.5449 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, private consumption recorded in Latvia?
The highest recorded value was 0.641 LCU per international $ in 2008.
What is the lowest ppp conversion factor, private consumption recorded in Latvia?
The lowest recorded value was 0.0106 LCU per international $ in 1991.
How does Latvia rank for ppp conversion factor, private consumption?
Latvia ranks 186th out of 201 countries with data for 2024.
Is ppp conversion factor, private consumption rising or falling in Latvia?
Over the last ten years it is down 4.4%. 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, private consumption (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, private consumption in Latvia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-private-consumption-lcu-per-international/latvia/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release