Gdp penn world table in Latvia
Latvia: Gdp penn world table was 65.02 billion in 2023. ▲ Rising
Gdp penn world table in Latvia, 1990–2023
Source: Our World in Data.
Analysis
Latvia recorded 65.02 billion for gdp penn world table in 2023. That is the highest value across all 34 years on record.
That represents a change of up 2.4% on the previous year and up 32.1% over ten years.
Over the whole period, gdp penn world table in Latvia peaked at 65.02 billion in 2023 and was at its lowest, 26.11 billion, in 1995.
Latvia ranks 106th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gdp penn world table in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 48.74 billion | — |
| 1991 | 43.64 billion | -10.5% |
| 1992 | 30.51 billion | -30.1% |
| 1993 | 27.07 billion | -11.3% |
| 1994 | 26.85 billion | -0.8% |
| 1995 | 26.11 billion | -2.7% |
| 1996 | 26.20 billion | +0.3% |
| 1997 | 27.43 billion | +4.7% |
| 1998 | 29.45 billion | +7.4% |
| 1999 | 30.88 billion | +4.9% |
| 2000 | 32.21 billion | +4.3% |
| 2001 | 34.37 billion | +6.7% |
| 2002 | 35.99 billion | +4.7% |
| 2003 | 36.18 billion | +0.5% |
| 2004 | 37.29 billion | +3.1% |
| 2005 | 40.68 billion | +9.1% |
| 2006 | 43.72 billion | +7.5% |
| 2007 | 47.23 billion | +8.0% |
| 2008 | 48.48 billion | +2.7% |
| 2009 | 43.37 billion | -10.5% |
| 2010 | 44.16 billion | +1.8% |
| 2011 | 47.09 billion | +6.7% |
| 2012 | 49.93 billion | +6.0% |
| 2013 | 49.22 billion | -1.4% |
| 2014 | 51.22 billion | +4.1% |
| 2015 | 53.02 billion | +3.5% |
| 2016 | 54.22 billion | +2.2% |
| 2017 | 57.07 billion | +5.3% |
| 2018 | 58.30 billion | +2.2% |
| 2019 | 61.48 billion | +5.4% |
| 2020 | 60.47 billion | -1.6% |
| 2021 | 62.90 billion | +4.0% |
| 2022 | 63.49 billion | +0.9% |
| 2023 | 65.02 billion | +2.4% |
Latvia compared with similar countries
- Latvia's 65.02 billion is below the median for high income countries, which is 277.84 billion, 23% of the median. (66 countries reporting)
- Latvia's 65.02 billion is below the median for Europe & Central Asia, which is 314.74 billion, 21% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gdp penn world table 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 | -30.1% | 43.64 billion | 30.51 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.69 billion | 26.11 billion | 48.74 billion | 10 |
| 2000s | 39.95 billion | 32.21 billion | 48.48 billion | 10 |
| 2010s | 52.57 billion | 44.16 billion | 61.48 billion | 10 |
| 2020s | 62.97 billion | 60.47 billion | 65.02 billion | 4 |
Countries ranked near Latvia
- 103 El Salvador 70.95 billion compare
- 104 Kyrgyzstan 69.96 billion compare
- 105 Honduras 68.60 billion compare
- 107 Laos 64.50 billion compare
- 108 Luxembourg 62.79 billion compare
- 109 Armenia 61.47 billion compare
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 penn world table in Latvia?
- Gdp penn world table in Latvia was 65.02 billion in 2023, according to Our World in Data.
- What is the highest gdp penn world table recorded in Latvia?
- The highest recorded value was 65.02 billion in 2023.
- What is the lowest gdp penn world table recorded in Latvia?
- The lowest recorded value was 26.11 billion in 1995.
- How does Latvia rank for gdp penn world table?
- Latvia ranks 106th out of 184 countries with data for 2023.
- Is gdp penn world table rising or falling in Latvia?
- Over the last ten years it is up 32.1%. 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 penn world table. Statizoid updates them automatically from the source API.
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