Adjusted net national income per capita in Latvia
Latvia: Adjusted net national income per capita was 13,539 constant 2015 US$ in 2021. ▲ Rising
Adjusted net national income per capita in Latvia, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in constant 2015 US$.
Analysis
Latvia recorded 13,539 constant 2015 US$ for adjusted net national income per capita in 2021. That is the highest value across all 27 years on record.
The figure is up 6.1% on the previous year and up 57.4% over ten years.
Over the whole period, adjusted net national income per capita in Latvia peaked at 13,539 constant 2015 US$ in 2021 and was at its lowest, 3,052 constant 2015 US$, in 1995.
That places Latvia 42nd out of 151 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Adjusted net national income per capita in Latvia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 3,052 constant 2015 US$ | — |
| 1996 | 3,258 constant 2015 US$ | +6.7% |
| 1997 | 3,583 constant 2015 US$ | +10.0% |
| 1998 | 3,887 constant 2015 US$ | +8.5% |
| 1999 | 4,096 constant 2015 US$ | +5.4% |
| 2000 | 4,512 constant 2015 US$ | +10.2% |
| 2001 | 5,046 constant 2015 US$ | +11.8% |
| 2002 | 5,571 constant 2015 US$ | +10.4% |
| 2003 | 6,180 constant 2015 US$ | +10.9% |
| 2004 | 6,771 constant 2015 US$ | +9.6% |
| 2005 | 7,775 constant 2015 US$ | +14.8% |
| 2006 | 8,682 constant 2015 US$ | +11.7% |
| 2007 | 10,077 constant 2015 US$ | +16.1% |
| 2008 | 9,958 constant 2015 US$ | -1.2% |
| 2009 | 9,167 constant 2015 US$ | -7.9% |
| 2010 | 8,130 constant 2015 US$ | -11.3% |
| 2011 | 8,601 constant 2015 US$ | +5.8% |
| 2012 | 9,171 constant 2015 US$ | +6.6% |
| 2013 | 9,634 constant 2015 US$ | +5.1% |
| 2014 | 9,980 constant 2015 US$ | +3.6% |
| 2015 | 10,455 constant 2015 US$ | +4.8% |
| 2016 | 11,206 constant 2015 US$ | +7.2% |
| 2017 | 11,817 constant 2015 US$ | +5.4% |
| 2018 | 12,439 constant 2015 US$ | +5.3% |
| 2019 | 12,897 constant 2015 US$ | +3.7% |
| 2020 | 12,762 constant 2015 US$ | -1.0% |
| 2021 | 13,539 constant 2015 US$ | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,575 constant 2015 US$ | 3,052 constant 2015 US$ | 4,096 constant 2015 US$ | 5 |
| 2000s | 7,374 constant 2015 US$ | 4,512 constant 2015 US$ | 10,077 constant 2015 US$ | 10 |
| 2010s | 10,433 constant 2015 US$ | 8,130 constant 2015 US$ | 12,897 constant 2015 US$ | 10 |
| 2020s | 13,151 constant 2015 US$ | 12,762 constant 2015 US$ | 13,539 constant 2015 US$ | 2 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5685 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 14,960 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.64 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4253 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 11,190 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
Frequently asked questions
- What is adjusted net national income per capita in Latvia?
- Adjusted net national income per capita in Latvia was 13,539 constant 2015 US$ 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 13,539 constant 2015 US$ in 2021.
- What is the lowest adjusted net national income per capita recorded in Latvia?
- The lowest recorded value was 3,052 constant 2015 US$ in 1995.
- How does Latvia rank for adjusted net national income per capita?
- Latvia ranks 42nd out of 151 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 57.4%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.