Annual growth rate of real GDP per employed person in Latvia
Latvia: Annual growth rate of real GDP per employed person was 1.9% in 2025. ◆ Volatile
Annual growth rate of real GDP per employed person in Latvia, 2000–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth rate of real gdp per employed person in Latvia is 1.9%, measured in 2025.
The figure is up 286.0% on the previous year and down 21.2% over ten years.
Over the whole period, annual growth rate of real gdp per employed person in Latvia peaked at 10.1% in 2005 and was at its lowest, -2.8%, in 2008.
That places Latvia 87th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per employed person in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 9.4% | — |
| 2001 | 6.0% | -36.3% |
| 2002 | 5.6% | -7.6% |
| 2003 | 8.1% | +46.2% |
| 2004 | 8.2% | +0.9% |
| 2005 | 10.1% | +23.2% |
| 2006 | 6.5% | -36.0% |
| 2007 | 7.6% | +17.0% |
| 2008 | -2.8% | -136.8% |
| 2009 | -2.1% | -22.7% |
| 2010 | 3.0% | -239.1% |
| 2011 | 1.5% | -51.2% |
| 2012 | 5.2% | +255.5% |
| 2013 | 0.3% | -93.6% |
| 2014 | 2.3% | +609.1% |
| 2015 | 2.5% | +4.7% |
| 2016 | 3.0% | +24.5% |
| 2017 | 2.8% | -6.9% |
| 2018 | 2.9% | +2.1% |
| 2019 | 0.7% | -74.8% |
| 2020 | -1.6% | -321.9% |
| 2021 | 9.8% | -705.6% |
| 2022 | -0.2% | -102.3% |
| 2023 | 2.0% | -982.6% |
| 2024 | 0.5% | -75.4% |
| 2025 | 1.9% | +286.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.7% | -2.8% | 10.1% | 10 |
| 2010s | 2.4% | 0.3% | 5.2% | 10 |
| 2020s | 2.1% | -1.6% | 9.8% | 6 |
Countries ranked near Latvia
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 annual growth rate of real gdp per employed person in Latvia?
- Annual growth rate of real gdp per employed person in Latvia was 1.9% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per employed person recorded in Latvia?
- The highest recorded value was 10.1% in 2005.
- What is the lowest annual growth rate of real gdp per employed person recorded in Latvia?
- The lowest recorded value was -2.8% in 2008.
- How does Latvia rank for annual growth rate of real gdp per employed person?
- Latvia ranks 87th out of 200 countries with data for 2025.
- Is annual growth rate of real gdp per employed person rising or falling in Latvia?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per employed person (%). Statizoid updates them automatically from the source API.
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