Purchasing power parity of Latvia has been slightly fluctuant over the past years, with prices measured below the EU-28 level. In 2019, the indicator was measured at 0.72 if the index of the EU-28 was considered as one.
Purchasing power parity (PPP) in Latvia from 2005 to 2019
(EU-28=1)
The source specified the following information:
"PPPs reflect the level of prices in different countries. They allow measuring the value of currencies used in national economies on the basis of the amount of goods and services that can be purchased for the currency of the respective state."
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Central Statistical Bureau of Latvia. (July 30, 2021). Purchasing power parity (PPP) in Latvia from 2005 to 2019 (EU-28=1) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1267671/latvia-purchasing-power-parity/
Central Statistical Bureau of Latvia. "Purchasing power parity (PPP) in Latvia from 2005 to 2019 (EU-28=1)." Chart. July 30, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1267671/latvia-purchasing-power-parity/
Central Statistical Bureau of Latvia. (2021). Purchasing power parity (PPP) in Latvia from 2005 to 2019 (EU-28=1). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1267671/latvia-purchasing-power-parity/
Central Statistical Bureau of Latvia. "Purchasing Power Parity (Ppp) in Latvia from 2005 to 2019 (Eu-28=1)." Statista, Statista Inc., 30 Jul 2021, https://www.statista.com/statistics/1267671/latvia-purchasing-power-parity/
Central Statistical Bureau of Latvia, Purchasing power parity (PPP) in Latvia from 2005 to 2019 (EU-28=1) Statista, https://www.statista.com/statistics/1267671/latvia-purchasing-power-parity/ (last visited December 22, 2024)
Purchasing power parity (PPP) in Latvia from 2005 to 2019 (EU-28=1) [Graph], Central Statistical Bureau of Latvia, July 30, 2021. [Online]. Available: https://www.statista.com/statistics/1267671/latvia-purchasing-power-parity/