GDP per capita in Latvia
Latvia: GDP per capita was 17,858 international-$ in 1990 prices in 2020. ▲ Rising
Latest (2020)
17,858 international-$ in 1990 prices
World rank
29th
of 162 countries
All-time high
17,858 international-$ in 1990 prices
in 2020
All-time low
5,676 international-$ in 1990 prices
in 1995
Years of data
9
1980–2020
GDP per capita in Latvia, 1980–2020
Source: Leandro Prados de la Escosura (2021) – with minor processing by Our World in Data. Measured in international-$ in 1990 prices.
Analysis
Latvia recorded 17,858 international-$ in 1990 prices for gdp per capita in 2020. That is the highest value across all 9 years on record.
That represents a change of up 42.6% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 17,858 international-$ in 1990 prices in 2020 and was at its lowest, 5,676 international-$ in 1990 prices, in 1995.
That places Latvia 29th out of 162 countries with data for 2020, putting it in the top quarter.
GDP per capita in Latvia, year by year
| Year | international-$ in 1990 prices | Change |
|---|---|---|
| 1980 | 8,619 international-$ in 1990 prices | — |
| 1985 | 8,954 international-$ in 1990 prices | +3.9% |
| 1990 | 9,916 international-$ in 1990 prices | +10.7% |
| 1995 | 5,676 international-$ in 1990 prices | -42.8% |
| 2000 | 7,658 international-$ in 1990 prices | +34.9% |
| 2005 | 12,007 international-$ in 1990 prices | +56.8% |
| 2010 | 12,525 international-$ in 1990 prices | +4.3% |
| 2015 | 15,823 international-$ in 1990 prices | +26.3% |
| 2020 | 17,858 international-$ in 1990 prices | +12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8,786 international-$ in 1990 prices | 8,619 international-$ in 1990 prices | 8,954 international-$ in 1990 prices | 2 |
| 1990s | 7,796 international-$ in 1990 prices | 5,676 international-$ in 1990 prices | 9,916 international-$ in 1990 prices | 2 |
| 2000s | 9,832 international-$ in 1990 prices | 7,658 international-$ in 1990 prices | 12,007 international-$ in 1990 prices | 2 |
| 2010s | 14,174 international-$ in 1990 prices | 12,525 international-$ in 1990 prices | 15,823 international-$ in 1990 prices | 2 |
| 2020s | 17,858 international-$ in 1990 prices | 17,858 international-$ in 1990 prices | 17,858 international-$ in 1990 prices | 1 |
Countries ranked near Latvia
- 26 Trinidad and Tobago 18,550 international-$ in 1990 prices compare
- 27 Malta 18,217 international-$ in 1990 prices compare
- 28 Lithuania 18,121 international-$ in 1990 prices compare
- 30 Slovakia 17,144 international-$ in 1990 prices compare
- 31 Italy 17,000 international-$ in 1990 prices compare
- 32 Mauritius 16,303 international-$ in 1990 prices compare
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita in Latvia?
- Gdp per capita in Latvia was 17,858 international-$ in 1990 prices in 2020, according to Leandro Prados de la Escosura (2021) – with minor processing by Our World in Data.
- What is the highest gdp per capita recorded in Latvia?
- The highest recorded value was 17,858 international-$ in 1990 prices in 2020.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 5,676 international-$ in 1990 prices in 1995.
- How does Latvia rank for gdp per capita?
- Latvia ranks 29th out of 162 countries with data for 2020.
- Is gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Leandro Prados de la Escosura (2021) – with minor processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
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About this data
GDP per capita expressed in international-$ at 1990 prices to account for inflation and differences in the cost of living between countries.