GDP (current US$), per capita in Latvia

Latvia: GDP (current US$), per capita was 26,312 current US$ per person in 2025. ◆ Volatile

Latest (2025)
26,312 current US$ per person
Change on year
up 11.6%
World rank
63rd
of 212 countries
All-time high
26,312 current US$ per person
in 2025
All-time low
2,257 current US$ per person
in 1995
Years of data
31
1995–2025

GDP (current US$), per capita in Latvia, 1995–2025

05.0k10.0k15.0k20.0k25.0k1995201020251995: 2.3k current US$ per person1996: 2.4k current US$ per person1997: 2.6k current US$ per person1998: 2.9k current US$ per person1999: 3.1k current US$ per person2000: 3.3k current US$ per person2001: 3.5k current US$ per person2002: 4.0k current US$ per person2003: 4.9k current US$ per person2004: 6.1k current US$ per person2005: 7.3k current US$ per person2006: 9.2k current US$ per person2007: 13.4k current US$ per person2008: 15.7k current US$ per person2009: 12.0k current US$ per person2010: 11.2k current US$ per person2011: 12.9k current US$ per person2012: 13.3k current US$ per person2013: 14.5k current US$ per person2014: 15.2k current US$ per person2015: 13.3k current US$ per person2016: 13.8k current US$ per person2017: 15.1k current US$ per person2018: 17.3k current US$ per person2019: 17.3k current US$ per person2020: 17.6k current US$ per person2021: 20.3k current US$ per person2022: 20.2k current US$ per person2023: 22.7k current US$ per person2024: 23.6k current US$ per person2025: 26.3k current US$ per person

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 in Latvia, year by year

Annual values for GDP (current US$), per capita in Latvia, 1995 to 2025.
Year current US$ 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 60 Barbados 28,365 current US$ per person compare
  2. 61 Croatia 27,104 current US$ per person compare
  3. 62 Greece 26,948 current US$ per person compare
  4. 64 Hungary 25,908 current US$ per person compare
  5. 65 Saint Kitts and Nevis 25,223 current US$ per person compare
  6. 66 Uruguay 25,216 current US$ per person compare

See the full ranking of 260 places →

More economy & growth data for Latvia

All data for Latvia →

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.

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GDP (current US$), per capita in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-current-us-per-capita/latvia/

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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

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

Indicator
GDP (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
260 places, 14,741 data points, 1960–2025
Last refreshed

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.