Gdp maddison project database in Latvia
Latvia: Gdp maddison project database was 51.25 billion in 2022. ▲ Rising
Gdp maddison project database in Latvia, 1973–2022
Source: Our World in Data.
Analysis
Latvia recorded 51.25 billion for gdp maddison project database in 2022. That is the highest value across all 44 years on record.
That represents a change of up 2.0% on the previous year and up 26.4% over ten years.
Over the whole period, gdp maddison project database in Latvia peaked at 51.25 billion in 2022 and was at its lowest, 21.60 billion, in 1995.
That places Latvia 109th out of 166 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Gdp maddison project database in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 30.28 billion | — |
| 1980 | 34.68 billion | +14.5% |
| 1981 | 35.44 billion | +2.2% |
| 1982 | 36.22 billion | +2.2% |
| 1983 | 36.94 billion | +2.0% |
| 1984 | 38.00 billion | +2.9% |
| 1985 | 37.20 billion | -2.1% |
| 1986 | 38.19 billion | +2.7% |
| 1987 | 38.04 billion | -0.4% |
| 1988 | 39.63 billion | +4.2% |
| 1989 | 41.77 billion | +5.4% |
| 1990 | 42.10 billion | +0.8% |
| 1991 | 36.52 billion | -13.3% |
| 1992 | 24.59 billion | -32.7% |
| 1993 | 21.61 billion | -12.1% |
| 1994 | 21.91 billion | +1.4% |
| 1995 | 21.60 billion | -1.4% |
| 1996 | 21.94 billion | +1.6% |
| 1997 | 23.73 billion | +8.2% |
| 1998 | 25.09 billion | +5.7% |
| 1999 | 25.55 billion | +1.8% |
| 2000 | 26.73 billion | +4.6% |
| 2001 | 28.24 billion | +5.7% |
| 2002 | 30.01 billion | +6.3% |
| 2003 | 32.30 billion | +7.6% |
| 2004 | 34.72 billion | +7.5% |
| 2005 | 38.14 billion | +9.9% |
| 2006 | 42.36 billion | +11.1% |
| 2007 | 46.23 billion | +9.1% |
| 2008 | 44.22 billion | -4.4% |
| 2009 | 37.59 billion | -15.0% |
| 2010 | 35.88 billion | -4.5% |
| 2011 | 37.87 billion | +5.5% |
| 2012 | 40.54 billion | +7.0% |
| 2013 | 41.35 billion | +2.0% |
| 2014 | 42.14 billion | +1.9% |
| 2015 | 43.77 billion | +3.9% |
| 2016 | 44.81 billion | +2.4% |
| 2017 | 46.30 billion | +3.3% |
| 2018 | 48.14 billion | +4.0% |
| 2019 | 49.38 billion | +2.6% |
| 2020 | 48.29 billion | -2.2% |
| 2021 | 50.26 billion | +4.1% |
| 2022 | 51.25 billion | +2.0% |
Latvia compared with similar countries
- Latvia's 51.25 billion is below the median for high income countries, which is 308.39 billion, 17% of the median. (55 countries reporting)
- Latvia's 51.25 billion is below the median for Europe & Central Asia, which is 245.02 billion, 21% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gdp maddison project database in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -32.7% | 36.52 billion | 24.59 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.28 billion | 30.28 billion | 30.28 billion | 1 |
| 1980s | 37.61 billion | 34.68 billion | 41.77 billion | 10 |
| 1990s | 26.46 billion | 21.60 billion | 42.10 billion | 10 |
| 2000s | 36.05 billion | 26.73 billion | 46.23 billion | 10 |
| 2010s | 43.02 billion | 35.88 billion | 49.38 billion | 10 |
| 2020s | 49.93 billion | 48.29 billion | 51.25 billion | 3 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gdp maddison project database in Latvia?
- Gdp maddison project database in Latvia was 51.25 billion in 2022, according to Our World in Data.
- What is the highest gdp maddison project database recorded in Latvia?
- The highest recorded value was 51.25 billion in 2022.
- What is the lowest gdp maddison project database recorded in Latvia?
- The lowest recorded value was 21.60 billion in 1995.
- How does Latvia rank for gdp maddison project database?
- Latvia ranks 109th out of 166 countries with data for 2022.
- Is gdp maddison project database rising or falling in Latvia?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Gdp maddison project database. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).