Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia
Latvia: Annual Purchasing Power Parities and exchange rates — Purchasing was 0.4972 National currency per US dollar in 2025. ▲ Rising
Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia, 1995–2025
Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.
Analysis
The most recent figure for annual purchasing power parities and exchange rates — purchasing in Latvia is 0.4972 National currency per US dollar, measured in 2025.
That represents a change of up 3.1% on the previous year and down 6.6% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — purchasing in Latvia peaked at 0.6033 National currency per US dollar in 2008 and was at its lowest, 0.2933 National currency per US dollar, in 1995.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3354 National currency per US dollar | 0.2933 National currency per US dollar | 0.3604 National currency per US dollar | 5 |
| 2000s | 0.4587 National currency per US dollar | 0.3554 National currency per US dollar | 0.6033 National currency per US dollar | 10 |
| 2010s | 0.5236 National currency per US dollar | 0.4913 National currency per US dollar | 0.5368 National currency per US dollar | 10 |
| 2020s | 0.4779 National currency per US dollar | 0.4612 National currency per US dollar | 0.4972 National currency per US dollar | 6 |
Countries ranked near Latvia
- 4 Costa Rica 302.62 National currency per US dollar compare
- 5 Senegal 208.99 National currency per US dollar compare
- 6 Cameroon 181.9 National currency per US dollar compare
- 7 Hungary 175.69 National currency per US dollar compare
- 8 Iceland 164.02 National currency per US dollar compare
- 9 Japan 92.6 National currency per US dollar compare
- 10 Serbia 45.23 National currency per US dollar compare
More reference data data for Latvia
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- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
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- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.15 Percentage of GDP (2022)
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- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0 Percentage of GDP (2021)
Frequently asked questions
- What is annual purchasing power parities and exchange rates — purchasing in Latvia?
- Annual purchasing power parities and exchange rates — purchasing in Latvia was 0.4972 National currency per US dollar in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest annual purchasing power parities and exchange rates — purchasing recorded in Latvia?
- The highest recorded value was 0.6033 National currency per US dollar in 2008.
- What is the lowest annual purchasing power parities and exchange rates — purchasing recorded in Latvia?
- The lowest recorded value was 0.2933 National currency per US dollar in 1995.
- How does Latvia rank for annual purchasing power parities and exchange rates — purchasing?
- Latvia ranks 7th out of 7 regions with data for 2025.
- Is annual purchasing power parities and exchange rates — purchasing rising or falling in Latvia?
- Over the last ten years it is down 6.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for actual individual consumption. Statizoid updates them automatically from the source API.
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About this data
This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org