GDP (current US$), per capita (Country official) in Latvia
Latvia: GDP (current US$), per capita (Country official) was 26,312 current US$ per person in 2025. ◆ Volatile
GDP (current US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2025, gdp (current us$), per capita in Latvia stood at 26,312 current US$ per person. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 11.6% on the previous year and up 97.5% over ten years.
Over the whole period, gdp (current us$), per capita in Latvia peaked at 26,312 current US$ per person in 2025 and was at its lowest, 2,257 current US$ per person, in 1995.
Latvia ranks 63rd of 212 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.
GDP (current US$), per capita (Country official) in Latvia, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1995 | 2,257 current US$ per person | — |
| 1996 | 2,360 current US$ per person | +4.6% |
| 1997 | 2,610 current US$ per person | +10.6% |
| 1998 | 2,894 current US$ per person | +10.9% |
| 1999 | 3,064 current US$ per person | +5.9% |
| 2000 | 3,278 current US$ per person | +7.0% |
| 2001 | 3,505 current US$ per person | +6.9% |
| 2002 | 4,004 current US$ per person | +14.2% |
| 2003 | 4,915 current US$ per person | +22.8% |
| 2004 | 6,110 current US$ per person | +24.3% |
| 2005 | 7,284 current US$ per person | +19.2% |
| 2006 | 9,212 current US$ per person | +26.5% |
| 2007 | 13,371 current US$ per person | +45.2% |
| 2008 | 15,678 current US$ per person | +17.3% |
| 2009 | 11,996 current US$ per person | -23.5% |
| 2010 | 11,188 current US$ per person | -6.7% |
| 2011 | 12,902 current US$ per person | +15.3% |
| 2012 | 13,329 current US$ per person | +3.3% |
| 2013 | 14,484 current US$ per person | +8.7% |
| 2014 | 15,186 current US$ per person | +4.8% |
| 2015 | 13,322 current US$ per person | -12.3% |
| 2016 | 13,838 current US$ per person | +3.9% |
| 2017 | 15,132 current US$ per person | +9.4% |
| 2018 | 17,252 current US$ per person | +14.0% |
| 2019 | 17,295 current US$ per person | +0.2% |
| 2020 | 17,564 current US$ per person | +1.6% |
| 2021 | 20,262 current US$ per person | +15.4% |
| 2022 | 20,221 current US$ per person | -0.2% |
| 2023 | 22,710 current US$ per person | +12.3% |
| 2024 | 23,579 current US$ per person | +3.8% |
| 2025 | 26,312 current US$ per person | +11.6% |
Latvia compared with similar countries
- Latvia's 26,312 current US$ per person is below the median for high income countries, which is 38,609 current US$ per person, 68% of the median. (82 countries reporting)
- Latvia's 26,312 current US$ per person is below the median for Europe & Central Asia, which is 31,079 current US$ per person, 85% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,637 current US$ per person | 2,257 current US$ per person | 3,064 current US$ per person | 5 |
| 2000s | 7,935 current US$ per person | 3,278 current US$ per person | 15,678 current US$ per person | 10 |
| 2010s | 14,393 current US$ per person | 11,188 current US$ per person | 17,295 current US$ per person | 10 |
| 2020s | 21,775 current US$ per person | 17,564 current US$ per person | 26,312 current US$ per person | 6 |
Countries ranked near Latvia
- 60 Barbados 28,365 current US$ per person compare
- 61 Croatia 27,104 current US$ per person compare
- 62 Greece 26,948 current US$ per person compare
- 64 Hungary 25,908 current US$ per person compare
- 65 Saint Kitts and Nevis 25,223 current US$ per person compare
- 66 Uruguay 25,216 current US$ per person compare
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is gdp (current us$), per capita in Latvia?
- Gdp (current us$), per capita in Latvia was 26,312 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest gdp (current us$), per capita recorded in Latvia?
- The highest recorded value was 26,312 current US$ per person in 2025.
- What is the lowest gdp (current us$), per capita recorded in Latvia?
- The lowest recorded value was 2,257 current US$ per person in 1995.
- How does Latvia rank for gdp (current us$), per capita?
- Latvia ranks 63rd out of 212 countries with data for 2025.
- Is gdp (current us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 97.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current US$) ÷ Population, total
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.