Real effective exchange rate - percentage changes, 42 trading partners in Latvia
Latvia: Real effective exchange rate - percentage changes, 42 trading partners was 120.4 in 2025. ▲ Rising
Latest (2025)
120.4
Change on year
up 1.1%
World rank
6th
of 55 countries
All-time high
120.4
in 2025
All-time low
61.9
in 1994
Years of data
32
1994–2025
Real effective exchange rate - percentage changes, 42 trading partners in Latvia, 1994–2025
Source: Eurostat.
Analysis
Latvia recorded 120.4 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 in 2025 and was at its lowest, 61.9, in 1994.
Latvia ranks 6th of 55 countries on this measure, in the top 10%.
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 | Value | Change |
|---|---|---|
| 1994 | 61.9 | — |
| 1995 | 66.7 | +7.8% |
| 1996 | 68.4 | +2.5% |
| 1997 | 72.9 | +6.6% |
| 1998 | 80.1 | +9.9% |
| 1999 | 86.8 | +8.4% |
| 2000 | 92 | +6.0% |
| 2001 | 91.6 | -0.4% |
| 2002 | 88.8 | -3.1% |
| 2003 | 84.9 | -4.4% |
| 2004 | 85.5 | +0.7% |
| 2005 | 84 | -1.8% |
| 2006 | 86.4 | +2.9% |
| 2007 | 92 | +6.5% |
| 2008 | 101.5 | +10.3% |
| 2009 | 106.6 | +5.0% |
| 2010 | 98.2 | -7.9% |
| 2011 | 99 | +0.8% |
| 2012 | 97.5 | -1.5% |
| 2013 | 96.6 | -0.9% |
| 2014 | 99.3 | +2.8% |
| 2015 | 100 | +0.7% |
| 2016 | 101.2 | +1.2% |
| 2017 | 101.2 | +0.0% |
| 2018 | 105.1 | +3.9% |
| 2019 | 105 | -0.1% |
| 2020 | 107.2 | +2.1% |
| 2021 | 107.5 | +0.3% |
| 2022 | 111 | +3.3% |
| 2023 | 120.1 | +8.2% |
| 2024 | 119.1 | -0.8% |
| 2025 | 120.4 | +1.1% |
Latvia compared with similar countries
- Latvia's 120.4 is above the median for high income countries, which is 103.15, 1.2× the median. (38 countries reporting)
- Latvia's 120.4 is above the median for Europe & Central Asia, which is 103.65, 1.2× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 72.8 | 61.9 | 86.8 | 6 |
| 2000s | 91.33 | 84 | 106.6 | 10 |
| 2010s | 100.31 | 96.6 | 105.1 | 10 |
| 2020s | 114.22 | 107.2 | 120.4 | 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 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 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 in 1994.
- How does Latvia rank for real effective exchange rate - percentage changes, 42 trading partners?
- Latvia ranks 6th 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.
Download this data
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