DEC alternative conversion factor in Latvia

Latvia: DEC alternative conversion factor was 0.9239 ratio in 2024. ▲ Rising

Latest (2024)
0.9239 ratio
Change on year
down 0.1%
World rank
197th
of 225 countries
All-time high
0.9496 ratio
in 2022
All-time low
0.6841 ratio
in 2008
Years of data
25
2000–2024

DEC alternative conversion factor in Latvia, 2000–2024

00.20.40.60.812000201220242000: 0.863 ratio2001: 0.893 ratio2002: 0.88 ratio2003: 0.813 ratio2004: 0.769 ratio2005: 0.803 ratio2006: 0.797 ratio2007: 0.731 ratio2008: 0.684 ratio2009: 0.719 ratio2010: 0.755 ratio2011: 0.719 ratio2012: 0.778 ratio2013: 0.753 ratio2014: 0.753 ratio2015: 0.901 ratio2016: 0.903 ratio2017: 0.885 ratio2018: 0.847 ratio2019: 0.893 ratio2020: 0.876 ratio2021: 0.845 ratio2022: 0.95 ratio2023: 0.925 ratio2024: 0.924 ratio

Source: United Nations Statistics Division, SDG Global Database. Measured in ratio.

Analysis

In 2024, dec alternative conversion factor in Latvia stood at 0.9239 ratio.

That represents a change of down 0.1% on the previous year and up 22.7% over ten years.

Over the whole period, dec alternative conversion factor in Latvia peaked at 0.9496 ratio in 2022 and was at its lowest, 0.6841 ratio, in 2008.

Latvia ranks 197th of 225 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 25 years of available data.

DEC alternative conversion factor in Latvia, year by year

Annual values for DEC alternative conversion factor (in local currency unit per United States dollar) in Latvia, 2000 to 2024.
Year ratio Change
2000 0.863 ratio —
2001 0.8934 ratio +3.5%
2002 0.8796 ratio -1.5%
2003 0.8131 ratio -7.6%
2004 0.7687 ratio -5.5%
2005 0.8035 ratio +4.5%
2006 0.7974 ratio -0.8%
2007 0.7311 ratio -8.3%
2008 0.6841 ratio -6.4%
2009 0.7194 ratio +5.2%
2010 0.755 ratio +5.0%
2011 0.7194 ratio -4.7%
2012 0.7783 ratio +8.2%
2013 0.7532 ratio -3.2%
2014 0.7527 ratio -0.1%
2015 0.9013 ratio +19.7%
2016 0.9034 ratio +0.2%
2017 0.8852 ratio -2.0%
2018 0.8468 ratio -4.3%
2019 0.8933 ratio +5.5%
2020 0.8755 ratio -2.0%
2021 0.8455 ratio -3.4%
2022 0.9496 ratio +12.3%
2023 0.9248 ratio -2.6%
2024 0.9239 ratio -0.1%

Latvia compared with similar countries

  • Latvia's 0.9239 ratio is below the median for high income countries, which is 1 ratio, 92% of the median. (80 countries reporting)
  • Latvia's 0.9239 ratio is below the median for Europe & Central Asia, which is 1.7 ratio, 54% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.7953 ratio 0.6841 ratio 0.8934 ratio 10
2010s 0.8189 ratio 0.7194 ratio 0.9034 ratio 10
2020s 0.9039 ratio 0.8455 ratio 0.9496 ratio 5

Countries ranked near Latvia

  1. 197 Austria 0.9239 ratio compare
  2. 197 Belgium 0.9239 ratio compare
  3. 197 Estonia 0.9239 ratio compare
  4. 197 Finland 0.9239 ratio compare
  5. 197 France 0.9239 ratio compare
  6. 197 Germany 0.9239 ratio compare
  7. 197 Greece 0.9239 ratio compare
  8. 197 Ireland 0.9239 ratio compare
  9. 197 Italy 0.9239 ratio compare
  10. 197 Lithuania 0.9239 ratio compare
  11. 197 Luxembourg 0.9239 ratio compare
  12. 197 Netherlands (Kingdom of the) 0.9239 ratio compare
  13. 197 Portugal 0.9239 ratio compare
  14. 197 Slovakia 0.9239 ratio compare
  15. 197 Slovenia 0.9239 ratio compare
  16. 197 Spain 0.9239 ratio compare

See the full ranking of 229 places →

More development goals data for Latvia

All data for Latvia →

Frequently asked questions

What is dec alternative conversion factor in Latvia?
Dec alternative conversion factor in Latvia was 0.9239 ratio in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest dec alternative conversion factor recorded in Latvia?
The highest recorded value was 0.9496 ratio in 2022.
What is the lowest dec alternative conversion factor recorded in Latvia?
The lowest recorded value was 0.6841 ratio in 2008.
How does Latvia rank for dec alternative conversion factor?
Latvia ranks 197th out of 225 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Latvia?
Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of DEC alternative conversion factor (in local currency unit per United States dollar). Statizoid updates them automatically from the source API.

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DEC alternative conversion factor in Latvia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/dec-alternative-conversion-factor-in-local-currency-unit-per-united-states-dollar/latvia/

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About this data

Indicator
DEC alternative conversion factor (in local currency unit per United States dollar)
Unit
ratio
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
229 places, 5,688 data points, 2000–2024
Last refreshed