Adjusted net national income (current US$), per capita in Latvia
Latvia: Adjusted net national income (current US$), per capita was 16,239 current US$ per person in 2021. ◆ Volatile
Adjusted net national income (current US$), per capita in Latvia, 1995–2021
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2021, adjusted net national income (current us$), per capita in Latvia stood at 16,239 current US$ per person. That is the highest value across all 27 years on record.
The figure is up 14.8% on the previous year and up 63.0% over ten years.
Over the whole period, adjusted net national income (current us$), per capita in Latvia peaked at 16,239 current US$ per person in 2021 and was at its lowest, 1,434 current US$ per person, in 1995.
Latvia ranks 43rd of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income (current US$), per capita in Latvia, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1995 | 1,434 current US$ per person | — |
| 1996 | 1,569 current US$ per person | +9.4% |
| 1997 | 1,791 current US$ per person | +14.2% |
| 1998 | 2,005 current US$ per person | +11.9% |
| 1999 | 2,122 current US$ per person | +5.8% |
| 2000 | 2,394 current US$ per person | +12.8% |
| 2001 | 2,656 current US$ per person | +11.0% |
| 2002 | 3,109 current US$ per person | +17.0% |
| 2003 | 3,880 current US$ per person | +24.8% |
| 2004 | 4,791 current US$ per person | +23.5% |
| 2005 | 5,848 current US$ per person | +22.1% |
| 2006 | 7,277 current US$ per person | +24.4% |
| 2007 | 10,669 current US$ per person | +46.6% |
| 2008 | 12,649 current US$ per person | +18.6% |
| 2009 | 10,284 current US$ per person | -18.7% |
| 2010 | 8,646 current US$ per person | -15.9% |
| 2011 | 9,963 current US$ per person | +15.2% |
| 2012 | 10,298 current US$ per person | +3.4% |
| 2013 | 11,293 current US$ per person | +9.7% |
| 2014 | 11,937 current US$ per person | +5.7% |
| 2015 | 10,455 current US$ per person | -12.4% |
| 2016 | 11,023 current US$ per person | +5.4% |
| 2017 | 12,167 current US$ per person | +10.4% |
| 2018 | 13,752 current US$ per person | +13.0% |
| 2019 | 13,838 current US$ per person | +0.6% |
| 2020 | 14,147 current US$ per person | +2.2% |
| 2021 | 16,239 current US$ per person | +14.8% |
Latvia compared with similar countries
- Latvia's 16,239 current US$ per person is below the median for high income countries, which is 23,494 current US$ per person, 69% of the median. (59 countries reporting)
- Latvia's 16,239 current US$ per person is below the median for Europe & Central Asia, which is 16,556 current US$ per person, 98% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,784 current US$ per person | 1,434 current US$ per person | 2,122 current US$ per person | 5 |
| 2000s | 6,356 current US$ per person | 2,394 current US$ per person | 12,649 current US$ per person | 10 |
| 2010s | 11,337 current US$ per person | 8,646 current US$ per person | 13,838 current US$ per person | 10 |
| 2020s | 15,193 current US$ per person | 14,147 current US$ per person | 16,239 current US$ per person | 2 |
Countries ranked near Latvia
- 40 Bahrain 17,253 current US$ per person compare
- 41 Cyprus 16,873 current US$ per person compare
- 42 French Polynesia 16,449 current US$ per person compare
- 44 Poland 15,411 current US$ per person compare
- 45 Trinidad and Tobago 15,143 current US$ per person compare
- 46 Hungary 14,921 current US$ per person compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is adjusted net national income (current us$), per capita in Latvia?
- Adjusted net national income (current us$), per capita in Latvia was 16,239 current US$ per person in 2021, according to Statizoid (derived).
- What is the highest adjusted net national income (current us$), per capita recorded in Latvia?
- The highest recorded value was 16,239 current US$ per person in 2021.
- What is the lowest adjusted net national income (current us$), per capita recorded in Latvia?
- The lowest recorded value was 1,434 current US$ per person in 1995.
- How does Latvia rank for adjusted net national income (current us$), per capita?
- Latvia ranks 43rd out of 184 countries with data for 2021.
- Is adjusted net national income (current us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 63.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Adjusted net national income (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Adjusted net national income (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted net national income (current US$) ÷ Population, total
Computed from
- Adjusted net national income Staff estimates, World Bank (WB)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted net national income (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.