Gdp per capita vs electoral democracy index in Latvia
Latvia: Gdp per capita vs electoral democracy index was 27,220 in 2022. ▲ Rising
Gdp per capita vs electoral democracy index in Latvia, 1973–2022
Source: Our World in Data.
Analysis
Latvia recorded 27,220 for gdp per capita vs electoral democracy index in 2022. That is the highest value across all 44 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 36.3% over ten years.
Over the whole period, gdp per capita vs electoral democracy index in Latvia peaked at 27,220 in 2022 and was at its lowest, 8,439, in 1993.
Latvia ranks 46th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Gdp per capita vs electoral democracy index in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 12,506 | — |
| 1980 | 13,739 | +9.9% |
| 1981 | 13,970 | +1.7% |
| 1982 | 14,190 | +1.6% |
| 1983 | 14,376 | +1.3% |
| 1984 | 14,682 | +2.1% |
| 1985 | 14,273 | -2.8% |
| 1986 | 14,539 | +1.9% |
| 1987 | 14,360 | -1.2% |
| 1988 | 14,875 | +3.6% |
| 1989 | 15,661 | +5.3% |
| 1990 | 15,806 | +0.9% |
| 1991 | 13,775 | -12.9% |
| 1992 | 9,411 | -31.7% |
| 1993 | 8,439 | -10.3% |
| 1994 | 8,704 | +3.1% |
| 1995 | 8,709 | +0.1% |
| 1996 | 8,947 | +2.7% |
| 1997 | 9,774 | +9.2% |
| 1998 | 10,430 | +6.7% |
| 1999 | 10,708 | +2.7% |
| 2000 | 11,310 | +5.6% |
| 2001 | 12,104 | +7.0% |
| 2002 | 13,016 | +7.5% |
| 2003 | 14,142 | +8.7% |
| 2004 | 15,371 | +8.7% |
| 2005 | 17,070 | +11.0% |
| 2006 | 19,129 | +12.1% |
| 2007 | 21,042 | +10.0% |
| 2008 | 20,342 | -3.3% |
| 2009 | 17,582 | -13.6% |
| 2010 | 17,140 | -2.5% |
| 2011 | 18,428 | +7.5% |
| 2012 | 19,970 | +8.4% |
| 2013 | 20,582 | +3.1% |
| 2014 | 21,168 | +2.9% |
| 2015 | 22,179 | +4.8% |
| 2016 | 22,913 | +3.3% |
| 2017 | 23,894 | +4.3% |
| 2018 | 25,040 | +4.8% |
| 2019 | 25,859 | +3.3% |
| 2020 | 25,453 | -1.6% |
| 2021 | 26,739 | +5.1% |
| 2022 | 27,220 | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12,506 | 12,506 | 12,506 | 1 |
| 1980s | 14,466 | 13,739 | 15,661 | 10 |
| 1990s | 10,470 | 8,439 | 15,806 | 10 |
| 2000s | 16,111 | 11,310 | 21,042 | 10 |
| 2010s | 21,717 | 17,140 | 25,859 | 10 |
| 2020s | 26,471 | 25,453 | 27,220 | 3 |
Countries ranked near Latvia
More economy & growth data for Latvia
- GDP (current US$), annual growth rate 10.49 % change on previous year (2025)
- GDP (current US$), per capita 26,312 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.84 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 23,285 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.642 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,892 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.6625 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gdp per capita vs electoral democracy index in Latvia?
- Gdp per capita vs electoral democracy index in Latvia was 27,220 in 2022, according to Our World in Data.
- What is the highest gdp per capita vs electoral democracy index recorded in Latvia?
- The highest recorded value was 27,220 in 2022.
- What is the lowest gdp per capita vs electoral democracy index recorded in Latvia?
- The lowest recorded value was 8,439 in 1993.
- How does Latvia rank for gdp per capita vs electoral democracy index?
- Latvia ranks 46th out of 166 countries with data for 2022.
- Is gdp per capita vs electoral democracy index rising or falling in Latvia?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Gdp per capita vs electoral democracy index. Statizoid updates them automatically from the source API.
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