Real effective exchange rate - percentage changes, 42 trading partners in Latvia
Latvia: Real effective exchange rate - percentage changes, 42 trading partners was 120.4 Index, 2015=100 in 2025. ▲ Rising
Latest (2025)
120.4 Index, 2015=100
Change on year
up 1.1%
World rank
8th
of 55 countries
All-time high
120.4 Index, 2015=100
in 2025
All-time low
61.9 Index, 2015=100
in 1994
Years of data
32
1994–2025
Real effective exchange rate - percentage changes, 42 trading partners in Latvia, 1994–2025
Source: Eurostat. Measured in Index, 2015=100.
Analysis
Latvia recorded 120.4 Index, 2015=100 for real effective exchange rate - percentage changes, 42 trading partners in 2025. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 20.4% over ten years.
Over the whole period, real effective exchange rate - percentage changes, 42 trading partners in Latvia peaked at 120.4 Index, 2015=100 in 2025 and was at its lowest, 61.9 Index, 2015=100, in 1994.
Latvia ranks 8th of 55 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Real effective exchange rate - percentage changes, 42 trading partners in Latvia, year by year
| Year | Index, 2015=100 | Change |
|---|---|---|
| 1994 | 61.9 Index, 2015=100 | — |
| 1995 | 66.7 Index, 2015=100 | +7.8% |
| 1996 | 68.4 Index, 2015=100 | +2.5% |
| 1997 | 72.9 Index, 2015=100 | +6.6% |
| 1998 | 80.1 Index, 2015=100 | +9.9% |
| 1999 | 86.8 Index, 2015=100 | +8.4% |
| 2000 | 92 Index, 2015=100 | +6.0% |
| 2001 | 91.6 Index, 2015=100 | -0.4% |
| 2002 | 88.8 Index, 2015=100 | -3.1% |
| 2003 | 84.9 Index, 2015=100 | -4.4% |
| 2004 | 85.5 Index, 2015=100 | +0.7% |
| 2005 | 84 Index, 2015=100 | -1.8% |
| 2006 | 86.4 Index, 2015=100 | +2.9% |
| 2007 | 92 Index, 2015=100 | +6.5% |
| 2008 | 101.5 Index, 2015=100 | +10.3% |
| 2009 | 106.6 Index, 2015=100 | +5.0% |
| 2010 | 98.2 Index, 2015=100 | -7.9% |
| 2011 | 99 Index, 2015=100 | +0.8% |
| 2012 | 97.5 Index, 2015=100 | -1.5% |
| 2013 | 96.6 Index, 2015=100 | -0.9% |
| 2014 | 99.3 Index, 2015=100 | +2.8% |
| 2015 | 100 Index, 2015=100 | +0.7% |
| 2016 | 101.2 Index, 2015=100 | +1.2% |
| 2017 | 101.2 Index, 2015=100 | +0.0% |
| 2018 | 105.1 Index, 2015=100 | +3.9% |
| 2019 | 105 Index, 2015=100 | -0.1% |
| 2020 | 107.2 Index, 2015=100 | +2.1% |
| 2021 | 107.5 Index, 2015=100 | +0.3% |
| 2022 | 111 Index, 2015=100 | +3.3% |
| 2023 | 120.1 Index, 2015=100 | +8.2% |
| 2024 | 119.1 Index, 2015=100 | -0.8% |
| 2025 | 120.4 Index, 2015=100 | +1.1% |
Latvia compared with similar countries
- Latvia's 120.4 Index, 2015=100 is above the median for Europe & Central Asia, which is 105.3 Index, 2015=100, 1.1× the median. (30 countries reporting)
- Latvia's 120.4 Index, 2015=100 is above the median for high income countries, which is 105.28 Index, 2015=100, 1.1× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72.8 Index, 2015=100 | 61.9 Index, 2015=100 | 86.8 Index, 2015=100 | 6 |
| 2000s | 91.33 Index, 2015=100 | 84 Index, 2015=100 | 106.6 Index, 2015=100 | 10 |
| 2010s | 100.31 Index, 2015=100 | 96.6 Index, 2015=100 | 105.1 Index, 2015=100 | 10 |
| 2020s | 114.22 Index, 2015=100 | 107.2 Index, 2015=100 | 120.4 Index, 2015=100 | 6 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is real effective exchange rate - percentage changes, 42 trading partners in Latvia?
- Real effective exchange rate - percentage changes, 42 trading partners in Latvia was 120.4 Index, 2015=100 in 2025, according to Eurostat.
- What is the highest real effective exchange rate - percentage changes, 42 trading partners recorded in Latvia?
- The highest recorded value was 120.4 Index, 2015=100 in 2025.
- What is the lowest real effective exchange rate - percentage changes, 42 trading partners recorded in Latvia?
- The lowest recorded value was 61.9 Index, 2015=100 in 1994.
- How does Latvia rank for real effective exchange rate - percentage changes, 42 trading partners?
- Latvia ranks 8th out of 55 countries with data for 2025.
- Is real effective exchange rate - percentage changes, 42 trading partners rising or falling in Latvia?
- Over the last ten years it is up 20.4%. 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 Real effective exchange rate - percentage changes, 42 trading partners. Statizoid updates them automatically from the source API.
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