PPP conversion factor, GDP in Latvia
Latvia: PPP conversion factor, GDP was 0.5047 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in Latvia, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in Latvia is 0.5047 LCU per international $, measured in 2025.
The figure is up 1.6% on the previous year and down 5.2% over ten years.
Over the whole period, ppp conversion factor, gdp in Latvia peaked at 0.6148 LCU per international $ in 2008 and was at its lowest, 0.0047 LCU per international $, in 1990.
Latvia ranks 188th of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2223 LCU per international $ | 0.0047 LCU per international $ | 0.3516 LCU per international $ | 10 |
| 2000s | 0.4637 LCU per international $ | 0.3555 LCU per international $ | 0.6148 LCU per international $ | 10 |
| 2010s | 0.518 LCU per international $ | 0.4798 LCU per international $ | 0.5343 LCU per international $ | 10 |
| 2020s | 0.4833 LCU per international $ | 0.4641 LCU per international $ | 0.5047 LCU per international $ | 6 |
Countries ranked near Latvia
- 185 Greece 0.5269 LCU per international $ compare
- 186 Lithuania 0.5132 LCU per international $ compare
- 187 Slovakia 0.5123 LCU per international $ compare
- 189 Azerbaijan 0.4825 LCU per international $ compare
- 190 Croatia 0.4708 LCU per international $ compare
- 191 Liberia 0.462 LCU per international $ compare
More economy & growth data for Latvia
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Taxes less subsidies on products 6.35 billion current US$ (2025)
- Net primary income (Net income from abroad) -836.82 million current LCU (2024)
- Net primary income (Net income from abroad) -905.76 million current US$ (2024)
- GNI per capita 23,085 current LCU (2025)
- GNI per capita, Atlas method 24,980 current US$ (2025)
- GNI 42.66 billion current LCU (2025)
Frequently asked questions
- What is ppp conversion factor, gdp in Latvia?
- Ppp conversion factor, gdp in Latvia was 0.5047 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Latvia?
- The highest recorded value was 0.6148 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 188th out of 204 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in Latvia?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.