GDP per capita (current LCU) (Country official) in Latvia
Latvia: GDP per capita (current LCU) (Country official) was 23,285 current LCU in 2025. ◆ Volatile
GDP per capita in Latvia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gdp per capita in Latvia is 23,285 current LCU, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 6.9% on the previous year and up 93.9% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 23,285 current LCU in 2025 and was at its lowest, 35.24 current LCU, in 1990.
Latvia ranks 179th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (current LCU) (Country official) in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 35.24 current LCU | — |
| 1991 | 81.27 current LCU | +130.6% |
| 1992 | 577.49 current LCU | +610.6% |
| 1993 | 860.13 current LCU | +48.9% |
| 1994 | 1,218 current LCU | +41.6% |
| 1995 | 1,582 current LCU | +29.9% |
| 1996 | 1,849 current LCU | +16.9% |
| 1997 | 2,157 current LCU | +16.6% |
| 1998 | 2,429 current LCU | +12.6% |
| 1999 | 2,551 current LCU | +5.0% |
| 2000 | 2,829 current LCU | +10.9% |
| 2001 | 3,131 current LCU | +10.7% |
| 2002 | 3,522 current LCU | +12.5% |
| 2003 | 3,996 current LCU | +13.5% |
| 2004 | 4,697 current LCU | +17.5% |
| 2005 | 5,853 current LCU | +24.6% |
| 2006 | 7,345 current LCU | +25.5% |
| 2007 | 9,776 current LCU | +33.1% |
| 2008 | 10,725 current LCU | +9.7% |
| 2009 | 8,630 current LCU | -19.5% |
| 2010 | 8,448 current LCU | -2.1% |
| 2011 | 9,282 current LCU | +9.9% |
| 2012 | 10,374 current LCU | +11.8% |
| 2013 | 10,909 current LCU | +5.2% |
| 2014 | 11,431 current LCU | +4.8% |
| 2015 | 12,007 current LCU | +5.0% |
| 2016 | 12,502 current LCU | +4.1% |
| 2017 | 13,395 current LCU | +7.1% |
| 2018 | 14,609 current LCU | +9.1% |
| 2019 | 15,449 current LCU | +5.8% |
| 2020 | 15,378 current LCU | -0.5% |
| 2021 | 17,131 current LCU | +11.4% |
| 2022 | 19,202 current LCU | +12.1% |
| 2023 | 21,003 current LCU | +9.4% |
| 2024 | 21,784 current LCU | +3.7% |
| 2025 | 23,285 current LCU | +6.9% |
Latvia compared with similar countries
- Latvia's 23,285 current LCU is below the median for high income countries, which is 70,749 current LCU, 33% of the median. (82 countries reporting)
- Latvia's 23,285 current LCU is below the median for Europe & Central Asia, which is 60,450 current LCU, 39% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where GDP per capita (current LCU) (Country official) 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 | +610.6% | 81.27 current LCU | 577.49 current LCU |
| 1991 | +130.6% | 35.24 current LCU | 81.27 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,334 current LCU | 35.24 current LCU | 2,551 current LCU | 10 |
| 2000s | 6,050 current LCU | 2,829 current LCU | 10,725 current LCU | 10 |
| 2010s | 11,841 current LCU | 8,448 current LCU | 15,449 current LCU | 10 |
| 2020s | 19,631 current LCU | 15,378 current LCU | 23,285 current LCU | 6 |
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 per capita in Latvia?
- Gdp per capita in Latvia was 23,285 current 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?
- The highest recorded value was 23,285 current LCU in 2025.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 35.24 current LCU in 1990.
- How does Latvia rank for gdp per capita?
- Latvia ranks 179th out of 214 countries with data for 2025.
- Is gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 93.9%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.