Latvia: Productivity, current USD

The latest value from 2023 is 58.8 USD per hour worked, an increase from 56.7 USD per hour worked in 2022. In comparison, the world average is 77.3 USD per hour worked, based on data from 35 countries. Historically, the average for Latvia from 1995 to 2023 is 26.3 USD per hour worked. The minimum value, 7.9 USD per hour worked, was reached in 1995 while the maximum of 58.8 USD per hour worked was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: GDP per hour worked expressed in current USD. The level of GDP is adjusted in terms of Purchasing Power Parity to reflect price differences across countries.