GDP per capita in Latvia, Republic of
Latvia, Republic of: GDP per capita was 17,433 constant LCU in 2025. ▲ Rising
GDP per capita in Latvia, Republic of, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gdp per capita in Latvia, Republic of stood at 17,433 constant LCU. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 26.8% over ten years.
Over the whole period, gdp per capita in Latvia, Republic of peaked at 17,433 constant LCU in 2025 and was at its lowest, 4,608 constant LCU, in 1993.
That places Latvia, Republic of 171st out of 214 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,622 constant LCU | 4,608 constant LCU | 7,867 constant LCU | 10 |
| 2000s | 9,838 constant LCU | 6,539 constant LCU | 13,220 constant LCU | 10 |
| 2010s | 13,469 constant LCU | 10,837 constant LCU | 15,819 constant LCU | 10 |
| 2020s | 16,665 constant LCU | 15,378 constant LCU | 17,433 constant LCU | 6 |
Countries ranked near Latvia, Republic of
- 168 São Tomé and Príncipe, Democratic Republic of 17,810 constant LCU compare
- 169 Northern Mariana Islands 17,644 constant LCU compare
- 170 Peru 17,518 constant LCU compare
- 172 Saint Martin 17,045 constant LCU compare
- 173 Argentina 16,118 constant LCU compare
- 174 Palau, Republic of 15,852 constant LCU compare
More economy & growth data for Latvia, Republic of
- Gdp worldbank constant usd, annual growth rate 2.14 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.642 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 16,892 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- 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)
Frequently asked questions
- What is gdp per capita in Latvia, Republic of?
- Gdp per capita in Latvia, Republic of was 17,433 constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Latvia, Republic of?
- The highest recorded value was 17,433 constant LCU in 2025.
- What is the lowest gdp per capita recorded in Latvia, Republic of?
- The lowest recorded value was 4,608 constant LCU in 1993.
- How does Latvia, Republic of rank for gdp per capita?
- Latvia, Republic of ranks 171st out of 214 countries with data for 2025.
- Is gdp per capita rising or falling in Latvia, Republic of?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is rising.
- Where does this Latvia, Republic of 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 LCU). Statizoid updates them automatically from the source API.
Download this data
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 varies by country. This series is expressed in local currency units.