GDP per capita in Latvia
Latvia: GDP per capita was 21,627 in 2024. β Volatile
Latest (2024)
21,627
Change on year
up 3.0%
World rank
63rd
of 74 countries
All-time high
21,627
in 2024
All-time low
35.24
in 1990
Years of data
35
1990β2024
GDP per capita in Latvia, 1990β2024
Source: UNICEF.
Analysis
In 2024, gdp per capita in Latvia stood at 21,627. That is the highest value across all 35 years on record.
That represents a change of up 3.0% on the previous year and up 89.2% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 21,627 in 2024 and was at its lowest, 35.24, in 1990.
Latvia ranks 63rd of 74 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,334 | 35.24 | 2,551 | 10 |
| 2000s | 6,050 | 2,829 | 10,725 | 10 |
| 2010s | 11,841 | 8,448 | 15,449 | 10 |
| 2020s | 18,868 | 15,378 | 21,627 | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,041 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
- US dollar per domestic currency (End-of-period (EoP)) 1.94 (2013)
- 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)
Frequently asked questions
- What is gdp per capita in Latvia?
- Gdp per capita in Latvia was 21,627 in 2024, according to UNICEF.
- What is the highest gdp per capita recorded in Latvia?
- The highest recorded value was 21,627 in 2024.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 35.24 in 1990.
- How does Latvia rank for gdp per capita?
- Latvia ranks 63rd out of 74 countries with data for 2024.
- Is gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 89.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from UNICEF, published as part of GDP per capita (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 35 observations, free to reuse under UNICEF Terms of Use (attribution required).