Price level ratio of PPP conversion factor (GDP) to market exchange in Latvia
Latvia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.5327 in 2024. ▲ Rising
Price level ratio of PPP conversion factor (GDP) to market exchange in Latvia, 1995–2024
Source: UNESCO Institute for Statistics.
Analysis
The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in Latvia is 0.5327, measured in 2024.
Compared with earlier readings it is down 1.8% on the previous year and down 19.4% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Latvia peaked at 0.8413 in 2008 and was at its lowest, 0.3955, in 2001.
That places Latvia 80th out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.4225 | — |
| 1996 | 0.4188 | -0.9% |
| 1997 | 0.4137 | -1.2% |
| 1998 | 0.4207 | +1.7% |
| 1999 | 0.4255 | +1.2% |
| 2000 | 0.4181 | -1.8% |
| 2001 | 0.3955 | -5.4% |
| 2002 | 0.4104 | +3.8% |
| 2003 | 0.4651 | +13.3% |
| 2004 | 0.5195 | +11.7% |
| 2005 | 0.5458 | +5.1% |
| 2006 | 0.6131 | +12.3% |
| 2007 | 0.7737 | +26.2% |
| 2008 | 0.8413 | +8.7% |
| 2009 | 0.7244 | -13.9% |
| 2010 | 0.6451 | -10.9% |
| 2011 | 0.693 | +7.4% |
| 2012 | 0.6504 | -6.1% |
| 2013 | 0.6629 | +1.9% |
| 2014 | 0.661 | -0.3% |
| 2015 | 0.5519 | -16.5% |
| 2016 | 0.5363 | -2.8% |
| 2017 | 0.5474 | +2.1% |
| 2018 | 0.5786 | +5.7% |
| 2019 | 0.5371 | -7.2% |
| 2020 | 0.5364 | -0.1% |
| 2021 | 0.5489 | +2.3% |
| 2022 | 0.5062 | -7.8% |
| 2023 | 0.5423 | +7.1% |
| 2024 | 0.5327 | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4202 | 0.4137 | 0.4255 | 5 |
| 2000s | 0.5707 | 0.3955 | 0.8413 | 10 |
| 2010s | 0.6064 | 0.5363 | 0.693 | 10 |
| 2020s | 0.5333 | 0.5062 | 0.5489 | 5 |
Countries ranked near Latvia
- 77 Lithuania 0.5401 compare
- 78 Seychelles 0.5373 compare
- 79 Trinidad and Tobago 0.5362 compare
- 81 Sao Tome and Principe 0.5209 compare
- 82 Saint Lucia 0.5144 compare
- 83 Maldives 0.4979 compare
More population data for Latvia
- Un population 2024 vs 2022, annual growth rate -0.8064 % change on previous year (2100)
- Population long run 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 regions with projections, annual growth rate -1.02 % change on previous year (2100)
- Population growth rate, by level of development -1.0% (2100)
- Number of children under 5, by world region 31,860 people (2100)
- Population density 14.87 people per km² (2100)
- World population growth -1.0% (2100)
- Projected population under age 5, annual growth rate -0.481 % change on previous year (2100)
- Urban and rural population 2050, per capita 0.3147 units per person (2025)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Latvia?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Latvia was 0.5327 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Latvia?
- The highest recorded value was 0.8413 in 2008.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Latvia?
- The lowest recorded value was 0.3955 in 2001.
- How does Latvia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Latvia ranks 80th out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Latvia?
- Over the last ten years it is down 19.4%. 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 Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release