Latvia: GDP per hour worked, index relative to the U.S.
For that indicator, we provide data for Latvia from 2000 to 2018. The average value for Latvia during that period was 40.2 index points with a minimum of 28.5 index points in 2000 and a maximum of 51.73 index points in 2018.
The latest value from 2018 is 51.73 index points. For comparison, the world average in 2018 based on 38
countries is 76.02 index points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: The index sets the level of GDP per hour worked in the U.S. to 100 and uses it as basis to compare other countries. Countries with an index greater (smaller) than 100 have greater (lower) labor productivity than the U.S. The GDP used in the calculation is adjusted for Purchasing Power Parity to account for price differences across countries.