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

Latest (2025)
0.4972 National currency per US dollar
Change on year
up 3.1%
Rank
7th
of 7 regions
All-time high
0.6033 National currency per US dollar
in 2008
All-time low
0.2933 National currency per US dollar
in 1995
Years of data
31
1995–2025

Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia, 1995–2025

00.20.40.61995201020251995: 0.293 National currency per US dollar1996: 0.325 National currency per US dollar1997: 0.344 National currency per US dollar1998: 0.355 National currency per US dollar1999: 0.36 National currency per US dollar2000: 0.362 National currency per US dollar2001: 0.355 National currency per US dollar2002: 0.365 National currency per US dollar2003: 0.394 National currency per US dollar2004: 0.418 National currency per US dollar2005: 0.455 National currency per US dollar2006: 0.505 National currency per US dollar2007: 0.565 National currency per US dollar2008: 0.603 National currency per US dollar2009: 0.565 National currency per US dollar2010: 0.52 National currency per US dollar2011: 0.535 National currency per US dollar2012: 0.537 National currency per US dollar2013: 0.531 National currency per US dollar2014: 0.533 National currency per US dollar2015: 0.532 National currency per US dollar2016: 0.526 National currency per US dollar2017: 0.527 National currency per US dollar2018: 0.503 National currency per US dollar2019: 0.491 National currency per US dollar2020: 0.48 National currency per US dollar2021: 0.461 National currency per US dollar2022: 0.472 National currency per US dollar2023: 0.474 National currency per US dollar2024: 0.482 National currency per US dollar2025: 0.497 National currency per US dollar

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

DecadeAverage LowestHighest 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

  1. 4 Costa Rica 302.62 National currency per US dollar compare
  2. 5 Senegal 208.99 National currency per US dollar compare
  3. 6 Cameroon 181.9 National currency per US dollar compare
  4. 7 Hungary 175.69 National currency per US dollar compare
  5. 8 Iceland 164.02 National currency per US dollar compare
  6. 9 Japan 92.6 National currency per US dollar compare
  7. 10 Serbia 45.23 National currency per US dollar compare

See the full ranking of 67 places →

More reference data data for Latvia

All data for Latvia →

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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Annual Purchasing Power Parities and exchange rates — Purchasing in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/annual-purchasing-power-parities-and-exchange-rates-purchasing-power-parities-for-actual/latvia-2/

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About this data

Indicator
Annual Purchasing Power Parities and exchange rates — Purchasing Power Parities for actual individual consumption
Unit
National currency per US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
67 places, 2,283 data points, 1970–2025
Last refreshed

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