GDP per unit of energy use in Latvia
Latvia: GDP per unit of energy use was 16.56 constant 2021 PPP $ per kg of oil equivalent in 2024. ▲ Rising
Latest (2024)
16.56 constant 2021 PPP $ per kg of oil equivalent
Change on year
down 0.5%
World rank
59th
of 168 countries
All-time high
16.72 constant 2021 PPP $ per kg of oil equivalent
in 2022
All-time low
4.52 constant 2021 PPP $ per kg of oil equivalent
in 1992
Years of data
35
1990–2024
GDP per unit of energy use in Latvia, 1990–2024
Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in constant 2021 PPP $ per kg of oil equivalent.
Analysis
The most recent figure for gdp per unit of energy use in Latvia is 16.56 constant 2021 PPP $ per kg of oil equivalent, measured in 2024.
The figure is down 0.5% on the previous year and up 23.3% over ten years.
Over the whole period, gdp per unit of energy use in Latvia peaked at 16.72 constant 2021 PPP $ per kg of oil equivalent in 2022 and was at its lowest, 4.52 constant 2021 PPP $ per kg of oil equivalent, in 1992.
That places Latvia 59th out of 168 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per unit of energy use in Latvia, year by year
| Year | constant 2021 PPP $ per kg of oil equivalent | Change |
|---|---|---|
| 1990 | 5.91 constant 2021 PPP $ per kg of oil equivalent | — |
| 1991 | 5.49 constant 2021 PPP $ per kg of oil equivalent | -7.1% |
| 1992 | 4.52 constant 2021 PPP $ per kg of oil equivalent | -17.7% |
| 1993 | 4.98 constant 2021 PPP $ per kg of oil equivalent | +10.2% |
| 1994 | 5.63 constant 2021 PPP $ per kg of oil equivalent | +13.0% |
| 1995 | 5.79 constant 2021 PPP $ per kg of oil equivalent | +2.9% |
| 1996 | 6.02 constant 2021 PPP $ per kg of oil equivalent | +4.0% |
| 1997 | 6.71 constant 2021 PPP $ per kg of oil equivalent | +11.4% |
| 1998 | 7.31 constant 2021 PPP $ per kg of oil equivalent | +9.1% |
| 1999 | 8.18 constant 2021 PPP $ per kg of oil equivalent | +11.9% |
| 2000 | 8.99 constant 2021 PPP $ per kg of oil equivalent | +9.9% |
| 2001 | 8.92 constant 2021 PPP $ per kg of oil equivalent | -0.8% |
| 2002 | 9.69 constant 2021 PPP $ per kg of oil equivalent | +8.7% |
| 2003 | 9.9 constant 2021 PPP $ per kg of oil equivalent | +2.1% |
| 2004 | 10.49 constant 2021 PPP $ per kg of oil equivalent | +5.9% |
| 2005 | 11.48 constant 2021 PPP $ per kg of oil equivalent | +9.4% |
| 2006 | 12.5 constant 2021 PPP $ per kg of oil equivalent | +8.9% |
| 2007 | 13.5 constant 2021 PPP $ per kg of oil equivalent | +8.0% |
| 2008 | 13.64 constant 2021 PPP $ per kg of oil equivalent | +1.0% |
| 2009 | 11.93 constant 2021 PPP $ per kg of oil equivalent | -12.5% |
| 2010 | 11.22 constant 2021 PPP $ per kg of oil equivalent | -5.9% |
| 2011 | 12.25 constant 2021 PPP $ per kg of oil equivalent | +9.1% |
| 2012 | 12.66 constant 2021 PPP $ per kg of oil equivalent | +3.4% |
| 2013 | 13.16 constant 2021 PPP $ per kg of oil equivalent | +3.9% |
| 2014 | 13.43 constant 2021 PPP $ per kg of oil equivalent | +2.1% |
| 2015 | 14.19 constant 2021 PPP $ per kg of oil equivalent | +5.7% |
| 2016 | 14.58 constant 2021 PPP $ per kg of oil equivalent | +2.7% |
| 2017 | 14.58 constant 2021 PPP $ per kg of oil equivalent | +0.0% |
| 2018 | 14.45 constant 2021 PPP $ per kg of oil equivalent | -0.9% |
| 2019 | 15.02 constant 2021 PPP $ per kg of oil equivalent | +4.0% |
| 2020 | 15.2 constant 2021 PPP $ per kg of oil equivalent | +1.2% |
| 2021 | 15.54 constant 2021 PPP $ per kg of oil equivalent | +2.2% |
| 2022 | 16.72 constant 2021 PPP $ per kg of oil equivalent | +7.6% |
| 2023 | 16.64 constant 2021 PPP $ per kg of oil equivalent | -0.5% |
| 2024 | 16.56 constant 2021 PPP $ per kg of oil equivalent | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.05 constant 2021 PPP $ per kg of oil equivalent | 4.52 constant 2021 PPP $ per kg of oil equivalent | 8.18 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2000s | 11.1 constant 2021 PPP $ per kg of oil equivalent | 8.92 constant 2021 PPP $ per kg of oil equivalent | 13.64 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2010s | 13.56 constant 2021 PPP $ per kg of oil equivalent | 11.22 constant 2021 PPP $ per kg of oil equivalent | 15.02 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2020s | 16.13 constant 2021 PPP $ per kg of oil equivalent | 15.2 constant 2021 PPP $ per kg of oil equivalent | 16.72 constant 2021 PPP $ per kg of oil equivalent | 5 |
Countries ranked near Latvia
- 56 Philippines 17.06 constant 2021 PPP $ per kg of oil equivalent compare
- 57 Poland 17.06 constant 2021 PPP $ per kg of oil equivalent compare
- 58 Fiji 16.57 constant 2021 PPP $ per kg of oil equivalent compare
- 60 Hungary 16.21 constant 2021 PPP $ per kg of oil equivalent compare
- 61 North Macedonia 16.17 constant 2021 PPP $ per kg of oil equivalent compare
- 62 Slovenia 16.08 constant 2021 PPP $ per kg of oil equivalent compare
More energy & mining data for Latvia
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -0.5417 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fuel imports 10.6% (2025)
Frequently asked questions
- What is gdp per unit of energy use in Latvia?
- Gdp per unit of energy use in Latvia was 16.56 constant 2021 PPP $ per kg of oil equivalent in 2024, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
- What is the highest gdp per unit of energy use recorded in Latvia?
- The highest recorded value was 16.72 constant 2021 PPP $ per kg of oil equivalent in 2022.
- What is the lowest gdp per unit of energy use recorded in Latvia?
- The lowest recorded value was 4.52 constant 2021 PPP $ per kg of oil equivalent in 1992.
- How does Latvia rank for gdp per unit of energy use?
- Latvia ranks 59th out of 168 countries with data for 2024.
- Is gdp per unit of energy use rising or falling in Latvia?
- Over the last ten years it is up 23.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as part of GDP per unit of energy use (constant 2021 PPP $ per kg of oil equivalent). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2021 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.