Purchasing Power Parities in the European Union (Countries) - index in Latvia

Latvia: Purchasing Power Parities in the European Union (Countries) - index was 0.746 Index in 2025. ▲ Rising

Latest (2025)
0.746 Index
Change on year
down 3.0%
World rank
36th
of 37 countries
All-time high
0.823 Index
in 2023
All-time low
0.493 Index
in 2010
Years of data
16
2010–2025

Purchasing Power Parities in the European Union (Countries) - index in Latvia, 2010–2025

00.20.40.60.82010201720252010: 0.493 Index2011: 0.498 Index2012: 0.521 Index2013: 0.518 Index2014: 0.748 Index2015: 0.718 Index2016: 0.674 Index2017: 0.698 Index2018: 0.704 Index2019: 0.731 Index2020: 0.723 Index2021: 0.746 Index2022: 0.809 Index2023: 0.823 Index2024: 0.769 Index2025: 0.746 Index

Source: Eurostat. Measured in Index.

Analysis

The most recent figure for purchasing power parities in the european union (countries) - index in Latvia is 0.746 Index, measured in 2025.

That represents a change of down 3.0% on the previous year and up 3.9% over ten years.

Over the whole period, purchasing power parities in the european union (countries) - index in Latvia peaked at 0.823 Index in 2023 and was at its lowest, 0.493 Index, in 2010.

That places Latvia 36th out of 37 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Purchasing Power Parities in the European Union (Countries) - index in Latvia, year by year

Annual values for Purchasing Power Parities in the European Union (Countries) - index (Belgium = 1) in Latvia, 2010 to 2025.
Year Index Change
2010 0.493 Index —
2011 0.498 Index +1.0%
2012 0.521 Index +4.6%
2013 0.518 Index -0.6%
2014 0.748 Index +44.4%
2015 0.718 Index -4.0%
2016 0.674 Index -6.1%
2017 0.698 Index +3.6%
2018 0.704 Index +0.9%
2019 0.731 Index +3.8%
2020 0.723 Index -1.1%
2021 0.746 Index +3.2%
2022 0.809 Index +8.4%
2023 0.823 Index +1.7%
2024 0.769 Index -6.6%
2025 0.746 Index -3.0%

Latvia compared with similar countries

  • Latvia's 0.746 Index is below the median for Europe & Central Asia, which is 1 Index, 74% of the median. (27 countries reporting)
  • Latvia's 0.746 Index is below the median for high income countries, which is 1 Index, 74% of the median. (28 countries reporting)

Biggest year-on-year movements

Years where Purchasing Power Parities in the European Union (Countries) - index in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 +44.4% 0.518 Index 0.748 Index

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.6303 Index 0.493 Index 0.748 Index 10
2020s 0.7693 Index 0.723 Index 0.823 Index 6

Countries ranked near Latvia

  1. 34 Croatia 0.749 Index compare
  2. 34 Croatia 0.749 Index compare
  3. 36 Latvia 0.746 Index compare

See the full ranking of 37 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is purchasing power parities in the european union (countries) - index in Latvia?
Purchasing power parities in the european union (countries) - index in Latvia was 0.746 Index in 2025, according to Eurostat.
What is the highest purchasing power parities in the european union (countries) - index recorded in Latvia?
The highest recorded value was 0.823 Index in 2023.
What is the lowest purchasing power parities in the european union (countries) - index recorded in Latvia?
The lowest recorded value was 0.493 Index in 2010.
How does Latvia rank for purchasing power parities in the european union (countries) - index?
Latvia ranks 36th out of 37 countries with data for 2025.
Is purchasing power parities in the european union (countries) - index rising or falling in Latvia?
Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Purchasing Power Parities in the European Union (Countries) - index (Belgium = 1). Statizoid updates them automatically from the source API.

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Purchasing Power Parities in the European Union (Countries) - index in Latvia. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/purchasing-power-parities-in-the-european-union-countries-index-belgium-1/latvia/

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About this data

Indicator
Purchasing Power Parities in the European Union (Countries) - index (Belgium = 1)
Unit
Index
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
37 places, 582 data points, 2010–2026
Last refreshed