Annual net national income per capita, US $, current prices, current in Latvia
Latvia: Annual net national income per capita, US $, current prices, current was 34,818 US dollars per person, PPP converted in 2024. ◆ Volatile
Annual net national income per capita, US $, current prices, current in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars per person, PPP converted.
Analysis
Latvia recorded 34,818 US dollars per person, PPP converted for annual net national income per capita, us $, current prices, current in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 101.4% over ten years.
Over the whole period, annual net national income per capita, us $, current prices, current in Latvia peaked at 34,818 US dollars per person, PPP converted in 2024 and was at its lowest, 4,120 US dollars per person, PPP converted, in 1995.
The series is highly variable year to year, so single readings are best treated with caution.
Annual net national income per capita, US $, current prices, current in Latvia, year by year
| Year | US dollars per person, PPP converted | Change |
|---|---|---|
| 1995 | 4,120 US dollars per person, PPP converted | — |
| 1996 | 4,401 US dollars per person, PPP converted | +6.8% |
| 1997 | 5,005 US dollars per person, PPP converted | +13.7% |
| 1998 | 5,489 US dollars per person, PPP converted | +9.7% |
| 1999 | 5,688 US dollars per person, PPP converted | +3.6% |
| 2000 | 6,320 US dollars per person, PPP converted | +11.1% |
| 2001 | 7,211 US dollars per person, PPP converted | +14.1% |
| 2002 | 7,888 US dollars per person, PPP converted | +9.4% |
| 2003 | 8,392 US dollars per person, PPP converted | +6.4% |
| 2004 | 9,185 US dollars per person, PPP converted | +9.5% |
| 2005 | 10,585 US dollars per person, PPP converted | +15.2% |
| 2006 | 11,450 US dollars per person, PPP converted | +8.2% |
| 2007 | 13,161 US dollars per person, PPP converted | +14.9% |
| 2008 | 14,303 US dollars per person, PPP converted | +8.7% |
| 2009 | 13,585 US dollars per person, PPP converted | -5.0% |
| 2010 | 13,118 US dollars per person, PPP converted | -3.4% |
| 2011 | 14,020 US dollars per person, PPP converted | +6.9% |
| 2012 | 15,383 US dollars per person, PPP converted | +9.7% |
| 2013 | 16,329 US dollars per person, PPP converted | +6.2% |
| 2014 | 17,289 US dollars per person, PPP converted | +5.9% |
| 2015 | 18,051 US dollars per person, PPP converted | +4.4% |
| 2016 | 19,499 US dollars per person, PPP converted | +8.0% |
| 2017 | 20,972 US dollars per person, PPP converted | +7.6% |
| 2018 | 24,025 US dollars per person, PPP converted | +14.6% |
| 2019 | 26,053 US dollars per person, PPP converted | +8.4% |
| 2020 | 26,557 US dollars per person, PPP converted | +1.9% |
| 2021 | 29,518 US dollars per person, PPP converted | +11.1% |
| 2022 | 32,475 US dollars per person, PPP converted | +10.0% |
| 2023 | 33,960 US dollars per person, PPP converted | +4.6% |
| 2024 | 34,818 US dollars per person, PPP converted | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,941 US dollars per person, PPP converted | 4,120 US dollars per person, PPP converted | 5,688 US dollars per person, PPP converted | 5 |
| 2000s | 10,208 US dollars per person, PPP converted | 6,320 US dollars per person, PPP converted | 14,303 US dollars per person, PPP converted | 10 |
| 2010s | 18,474 US dollars per person, PPP converted | 13,118 US dollars per person, PPP converted | 26,053 US dollars per person, PPP converted | 10 |
| 2020s | 31,466 US dollars per person, PPP converted | 26,557 US dollars per person, PPP converted | 34,818 US dollars per person, PPP converted | 5 |
Countries ranked near Latvia
- 8 Austria 59,759 US dollars per person, PPP converted compare
- 8 Poland 42,884 US dollars per person, PPP converted compare
- 9 Australia 59,174 US dollars per person, PPP converted compare
- 9 Estonia 40,722 US dollars per person, PPP converted compare
- 10 Canada 54,992 US dollars per person, PPP converted compare
- 10 Türkiye 35,030 US dollars per person, PPP converted compare
- 11 Finland 53,084 US dollars per person, PPP converted compare
- 12 United Kingdom of Great Britain and Northern Ireland 52,778 US dollars per person, PPP converted compare
- 13 France 52,092 US dollars per person, PPP converted compare
- 14 Italy 51,659 US dollars per person, 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 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- 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 (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is annual net national income per capita, us $, current prices, current in Latvia?
- Annual net national income per capita, us $, current prices, current in Latvia was 34,818 US dollars per person, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual net national income per capita, us $, current prices, current recorded in Latvia?
- The highest recorded value was 34,818 US dollars per person, PPP converted in 2024.
- What is the lowest annual net national income per capita, us $, current prices, current recorded in Latvia?
- The lowest recorded value was 4,120 US dollars per person, PPP converted in 1995.
- How does Latvia rank for annual net national income per capita, us $, current prices, current?
- Latvia ranks 11th out of 12 countries with data for 2024.
- Is annual net national income per capita, us $, current prices, current rising or falling in Latvia?
- Over the last ten years it is up 101.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual net national income per capita, US $, current prices, current PPPs — Balance of primary incomes, net / National income, net, per capita. Statizoid updates them automatically from the source API.
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About this data
This table presents countries' annual Net National Income (NNI) per capita. The data is in current prices and is converted to US dollars using Purchasing Power Parities (PPPs). NNI is calculated by deducting the consumption of fixed capital (depreciation) from Gross National Income (GNI). GNI is calculated by adding to Gross Domestic Product (GDP) any flows to the domestic economy from other countries of compensation of employees (wages and salaries and employers’ social contributions), property income (e.g. interest and dividends) and taxes less subsidies on production; and by deducting from GDP the equivalent flows from the domestic economy to other countries. 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