GDP per capita in Latvia
Latvia: GDP per capita was 16,892 constant 2015 US$ in 2025. ▲ Rising
GDP per capita in Latvia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Latvia recorded 16,892 constant 2015 US$ for gdp per capita in 2025. That is the highest value across all 36 years on record.
That represents a change of up 3.2% on the previous year and up 26.8% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 16,892 constant 2015 US$ in 2025 and was at its lowest, 4,465 constant 2015 US$, in 1993.
Latvia ranks 71st of 211 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,448 constant 2015 US$ | 4,465 constant 2015 US$ | 7,623 constant 2015 US$ | 10 |
| 2000s | 9,533 constant 2015 US$ | 6,336 constant 2015 US$ | 12,810 constant 2015 US$ | 10 |
| 2010s | 13,052 constant 2015 US$ | 10,501 constant 2015 US$ | 15,328 constant 2015 US$ | 10 |
| 2020s | 16,148 constant 2015 US$ | 14,901 constant 2015 US$ | 16,892 constant 2015 US$ | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- External balance on goods and services as a percent of gdp -4.58 (2025)
- Inflation of consumer prices 3.75 (2025)
- Gdp per capita worldbank constant usd 16,892 (2025)
- Manufacturing value added to gdp 9.99 (2025)
- Gdp worldbank constant usd 31.21 billion (2025)
- Gdp per capita in international and market dollars 16,892 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is gdp per capita in Latvia?
- Gdp per capita in Latvia was 16,892 constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Latvia?
- The highest recorded value was 16,892 constant 2015 US$ in 2025.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 4,465 constant 2015 US$ in 1993.
- How does Latvia rank for gdp per capita?
- Latvia ranks 71st out of 211 countries with data for 2025.
- Is gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.