Annual national disposable income, US $, volume, constant PPPs in Latvia
Latvia: Annual national disposable income, US $, volume, constant PPPs was 54,495 US dollars, PPP converted in 2024. ▲ Rising
Annual national disposable income, US $, volume, constant PPPs in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
In 2024, annual national disposable income, us $, volume, constant ppps in Latvia stood at 54,495 US dollars, PPP converted. That is the highest value across all 30 years on record.
That represents a change of up 0.7% on the previous year and up 28.2% over ten years.
Over the whole period, annual national disposable income, us $, volume, constant ppps in Latvia peaked at 54,495 US dollars, PPP converted in 2024 and was at its lowest, 18,354 US dollars, PPP converted, in 1995.
The long-run direction has been consistently rising across the 30 years of available data.
Annual national disposable income, US $, volume, constant PPPs in Latvia, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1995 | 18,354 US dollars, PPP converted | — |
| 1996 | 19,016 US dollars, PPP converted | +3.6% |
| 1997 | 20,312 US dollars, PPP converted | +6.8% |
| 1998 | 22,436 US dollars, PPP converted | +10.5% |
| 1999 | 23,033 US dollars, PPP converted | +2.7% |
| 2000 | 24,868 US dollars, PPP converted | +8.0% |
| 2001 | 26,847 US dollars, PPP converted | +8.0% |
| 2002 | 29,156 US dollars, PPP converted | +8.6% |
| 2003 | 32,367 US dollars, PPP converted | +11.0% |
| 2004 | 35,273 US dollars, PPP converted | +9.0% |
| 2005 | 39,065 US dollars, PPP converted | +10.8% |
| 2006 | 42,564 US dollars, PPP converted | +9.0% |
| 2007 | 48,270 US dollars, PPP converted | +13.4% |
| 2008 | 47,139 US dollars, PPP converted | -2.3% |
| 2009 | 42,622 US dollars, PPP converted | -9.6% |
| 2010 | 37,711 US dollars, PPP converted | -11.5% |
| 2011 | 39,040 US dollars, PPP converted | +3.5% |
| 2012 | 40,917 US dollars, PPP converted | +4.8% |
| 2013 | 42,048 US dollars, PPP converted | +2.8% |
| 2014 | 42,515 US dollars, PPP converted | +1.1% |
| 2015 | 44,353 US dollars, PPP converted | +4.3% |
| 2016 | 46,789 US dollars, PPP converted | +5.5% |
| 2017 | 49,179 US dollars, PPP converted | +5.1% |
| 2018 | 51,108 US dollars, PPP converted | +3.9% |
| 2019 | 52,481 US dollars, PPP converted | +2.7% |
| 2020 | 51,452 US dollars, PPP converted | -2.0% |
| 2021 | 53,259 US dollars, PPP converted | +3.5% |
| 2022 | 53,397 US dollars, PPP converted | +0.3% |
| 2023 | 54,129 US dollars, PPP converted | +1.4% |
| 2024 | 54,495 US dollars, PPP converted | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20,630 US dollars, PPP converted | 18,354 US dollars, PPP converted | 23,033 US dollars, PPP converted | 5 |
| 2000s | 36,817 US dollars, PPP converted | 24,868 US dollars, PPP converted | 48,270 US dollars, PPP converted | 10 |
| 2010s | 44,614 US dollars, PPP converted | 37,711 US dollars, PPP converted | 52,481 US dollars, PPP converted | 10 |
| 2020s | 53,346 US dollars, PPP converted | 51,452 US dollars, PPP converted | 54,495 US dollars, PPP converted | 5 |
Countries ranked near Latvia
- 5 France 3.03 million US dollars, PPP converted compare
- 5 Netherlands 1.01 million US dollars, PPP converted compare
- 6 Italy 2.49 million US dollars, PPP converted compare
- 6 Lithuania 106,384 US dollars, PPP converted compare
- 7 Mexico 2.29 million US dollars, PPP converted compare
- 7 Slovenia 80,929 US dollars, PPP converted compare
- 8 Spain 1.87 million US dollars, PPP converted compare
- 9 Canada 1.83 million US dollars, PPP converted compare
- 9 Estonia 46,694 US dollars, PPP converted compare
- 10 Australia 1.29 million US dollars, PPP converted compare
- 11 South Africa 698,755 US dollars, PPP converted compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual national disposable income, us $, volume, constant ppps in Latvia?
- Annual national disposable income, us $, volume, constant ppps in Latvia was 54,495 US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual national disposable income, us $, volume, constant ppps recorded in Latvia?
- The highest recorded value was 54,495 US dollars, PPP converted in 2024.
- What is the lowest annual national disposable income, us $, volume, constant ppps recorded in Latvia?
- The lowest recorded value was 18,354 US dollars, PPP converted in 1995.
- How does Latvia rank for annual national disposable income, us $, volume, constant ppps?
- Latvia ranks 8th out of 9 countries with data for 2024.
- Is annual national disposable income, us $, volume, constant ppps rising or falling in Latvia?
- Over the last ten years it is up 28.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual national disposable income, US $, volume, constant PPPs — Disposable income, net. Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual national disposable income (net). Net disposable income is calculated by deducting the consumption of fixed capital (depreciation) from gross national disposal income. The data is in US dollars converted using Purchasing Power Parities (PPPs) and in constant prices (chain linked volumes rebased to 2020). The indicators were presented in the previous dissemination system in the SNA_TABLE2 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org