Services, value added per worker in Latvia
Latvia: Services, value added per worker was 32,633 constant 2015 US$ in 2025. ▲ Rising
Services, value added per worker in Latvia, 1995–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added per worker in Latvia is 32,633 constant 2015 US$, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 20.0% over ten years.
Over the whole period, services, value added per worker in Latvia peaked at 32,633 constant 2015 US$ in 2025 and was at its lowest, 12,111 constant 2015 US$, in 1995.
That places Latvia 48th out of 176 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13,445 constant 2015 US$ | 12,111 constant 2015 US$ | 14,594 constant 2015 US$ | 5 |
| 2000s | 20,947 constant 2015 US$ | 15,579 constant 2015 US$ | 25,576 constant 2015 US$ | 10 |
| 2010s | 26,876 constant 2015 US$ | 24,484 constant 2015 US$ | 29,046 constant 2015 US$ | 10 |
| 2020s | 31,177 constant 2015 US$ | 27,848 constant 2015 US$ | 32,633 constant 2015 US$ | 6 |
Countries ranked near Latvia
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 services, value added per worker in Latvia?
- Services, value added per worker in Latvia was 32,633 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Latvia?
- The highest recorded value was 32,633 constant 2015 US$ in 2025.
- What is the lowest services, value added per worker recorded in Latvia?
- The lowest recorded value was 12,111 constant 2015 US$ in 1995.
- How does Latvia rank for services, value added per worker?
- Latvia ranks 48th out of 176 countries with data for 2025.
- Is services, value added per worker rising or falling in Latvia?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.