Annual growth of GDP per capita in Latvia
Latvia: Annual growth of GDP per capita was 3.2% in 2025. ◆ Volatile
Annual growth of GDP per capita in Latvia, 1991–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Latvia recorded 3.2% for annual growth of gdp per capita in 2025.
The figure is up 248.2% on the previous year and down 32.0% over ten years.
Over the whole period, annual growth of gdp per capita in Latvia peaked at 13.9% in 2006 and was at its lowest, -31.2%, in 1992.
Latvia ranks 77th of 212 countries on this measure, in the middle of the range.
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 | -1.9% | -31.2% | 10.3% | 9 |
| 2000s | 6.4% | -14.6% | 13.9% | 10 |
| 2010s | 3.7% | -1.6% | 8.6% | 10 |
| 2020s | 1.7% | -2.8% | 7.8% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- External balance on goods and services as a percent of GDP -4.6% (2025)
- Inflation of consumer prices 3.7% (2025)
- GDP per capita 16,892 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 31.21 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 16,892 constant 2015 US$ (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 annual growth of gdp per capita in Latvia?
- Annual growth of gdp per capita in Latvia was 3.2% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual growth of gdp per capita recorded in Latvia?
- The highest recorded value was 13.9% in 2006.
- What is the lowest annual growth of gdp per capita recorded in Latvia?
- The lowest recorded value was -31.2% in 1992.
- How does Latvia rank for annual growth of gdp per capita?
- Latvia ranks 77th out of 212 countries with data for 2025.
- Is annual growth of gdp per capita rising or falling in Latvia?
- Over the last ten years it is down 32.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual growth of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
This data is adjusted for inflation.