GDP per capita, PPP in Latvia
Latvia: GDP per capita, PPP was 43,394 in 2024. ◆ Volatile
Latest (2024)
43,394
Change on year
up 1.9%
World rank
39th
of 72 countries
All-time high
43,394
in 2024
All-time low
4,722
in 1993
Years of data
35
1990–2024
GDP per capita, PPP in Latvia, 1990–2024
Source: UNICEF.
Analysis
In 2024, gdp per capita, ppp in Latvia stood at 43,394. That is the highest value across all 35 years on record.
The figure is up 1.9% on the previous year and up 101.3% over ten years.
Over the whole period, gdp per capita, ppp in Latvia peaked at 43,394 in 2024 and was at its lowest, 4,722, in 1993.
Latvia ranks 39th of 72 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.
GDP per capita, PPP in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 7,448 | — |
| 1991 | 6,762 | -9.2% |
| 1992 | 4,760 | -29.6% |
| 1993 | 4,722 | -0.8% |
| 1994 | 5,012 | +6.1% |
| 1995 | 5,391 | +7.6% |
| 1996 | 5,688 | +5.5% |
| 1997 | 6,366 | +11.9% |
| 1998 | 6,922 | +8.7% |
| 1999 | 7,256 | +4.8% |
| 2000 | 7,849 | +8.2% |
| 2001 | 8,808 | +12.2% |
| 2002 | 9,569 | +8.6% |
| 2003 | 10,193 | +6.5% |
| 2004 | 11,319 | +11.0% |
| 2005 | 12,826 | +13.3% |
| 2006 | 14,180 | +10.6% |
| 2007 | 16,246 | +14.6% |
| 2008 | 17,443 | +7.4% |
| 2009 | 15,545 | -10.9% |
| 2010 | 16,373 | +5.3% |
| 2011 | 17,680 | +8.0% |
| 2012 | 19,416 | +9.8% |
| 2013 | 20,474 | +5.4% |
| 2014 | 21,554 | +5.3% |
| 2015 | 22,544 | +4.6% |
| 2016 | 24,064 | +6.7% |
| 2017 | 25,764 | +7.1% |
| 2018 | 29,818 | +15.7% |
| 2019 | 32,199 | +8.0% |
| 2020 | 32,741 | +1.7% |
| 2021 | 36,912 | +12.7% |
| 2022 | 40,559 | +9.9% |
| 2023 | 42,576 | +5.0% |
| 2024 | 43,394 | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,033 | 4,722 | 7,448 | 10 |
| 2000s | 12,398 | 7,849 | 17,443 | 10 |
| 2010s | 22,989 | 16,373 | 32,199 | 10 |
| 2020s | 39,237 | 32,741 | 43,394 | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Net primary income (Net income from abroad) (current LCU), annual 8.43 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.94 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,437 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gdp per capita, ppp in Latvia?
- Gdp per capita, ppp in Latvia was 43,394 in 2024, according to UNICEF.
- What is the highest gdp per capita, ppp recorded in Latvia?
- The highest recorded value was 43,394 in 2024.
- What is the lowest gdp per capita, ppp recorded in Latvia?
- The lowest recorded value was 4,722 in 1993.
- How does Latvia rank for gdp per capita, ppp?
- Latvia ranks 39th out of 72 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Latvia?
- Over the last ten years it is up 101.3%. 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, PPP (current international $). Statizoid updates them automatically from the source API.
Download this data
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