Adjusted net national income per capita in Latvia
Latvia: Adjusted net national income per capita was 6.1% in 2021. ◆ Volatile
Adjusted net national income per capita in Latvia, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in annual % growth.
Analysis
The most recent figure for adjusted net national income per capita in Latvia is 6.1%, measured in 2021.
Compared with earlier readings it is up 683.8% on the previous year and up 5.2% over ten years.
Over the whole period, adjusted net national income per capita in Latvia peaked at 16.1% in 2007 and was at its lowest, -11.3%, in 2010.
Latvia ranks 49th of 154 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income per capita in Latvia, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 6.7% | — |
| 1997 | 10.0% | +48.2% |
| 1998 | 8.5% | -14.8% |
| 1999 | 5.4% | -36.9% |
| 2000 | 10.2% | +89.5% |
| 2001 | 11.8% | +16.6% |
| 2002 | 10.4% | -12.2% |
| 2003 | 10.9% | +5.2% |
| 2004 | 9.6% | -12.7% |
| 2005 | 14.8% | +55.2% |
| 2006 | 11.7% | -21.3% |
| 2007 | 16.1% | +37.8% |
| 2008 | -1.2% | -107.4% |
| 2009 | -7.9% | +568.2% |
| 2010 | -11.3% | +42.6% |
| 2011 | 5.8% | -151.1% |
| 2012 | 6.6% | +14.7% |
| 2013 | 5.1% | -23.9% |
| 2014 | 3.6% | -29.1% |
| 2015 | 4.8% | +32.9% |
| 2016 | 7.2% | +50.9% |
| 2017 | 5.4% | -24.2% |
| 2018 | 5.3% | -3.4% |
| 2019 | 3.7% | -30.1% |
| 2020 | -1.0% | -128.3% |
| 2021 | 6.1% | -683.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.6% | 5.4% | 10.0% | 4 |
| 2000s | 8.6% | -7.9% | 16.1% | 10 |
| 2010s | 3.6% | -11.3% | 7.2% | 10 |
| 2020s | 2.5% | -1.0% | 6.1% | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net national income per capita in Latvia?
- Adjusted net national income per capita in Latvia was 6.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income per capita recorded in Latvia?
- The highest recorded value was 16.1% in 2007.
- What is the lowest adjusted net national income per capita recorded in Latvia?
- The lowest recorded value was -11.3% in 2010.
- How does Latvia rank for adjusted net national income per capita?
- Latvia ranks 49th out of 154 countries with data for 2021.
- Is adjusted net national income per capita rising or falling in Latvia?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income per capita (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.