Gdp per capita vs electoral democracy index in Latvia

Latvia: Gdp per capita vs electoral democracy index was 27,220 in 2022. ▲ Rising

Latest (2022)
27,220
Change on year
up 1.8%
World rank
46th
of 166 countries
All-time high
27,220
in 2022
All-time low
8,439
in 1993
Years of data
44
1973–2022

Gdp per capita vs electoral democracy index in Latvia, 1973–2022

10.0k15.0k20.0k25.0k1973199720221973: 12.5k1980: 13.7k1981: 14.0k1982: 14.2k1983: 14.4k1984: 14.7k1985: 14.3k1986: 14.5k1987: 14.4k1988: 14.9k1989: 15.7k1990: 15.8k1991: 13.8k1992: 9.4k1993: 8.4k1994: 8.7k1995: 8.7k1996: 8.9k1997: 9.8k1998: 10.4k1999: 10.7k2000: 11.3k2001: 12.1k2002: 13.0k2003: 14.1k2004: 15.4k2005: 17.1k2006: 19.1k2007: 21.0k2008: 20.3k2009: 17.6k2010: 17.1k2011: 18.4k2012: 20.0k2013: 20.6k2014: 21.2k2015: 22.2k2016: 22.9k2017: 23.9k2018: 25.0k2019: 25.9k2020: 25.5k2021: 26.7k2022: 27.2k

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

Annual values for Gdp per capita vs electoral democracy index in Latvia, 1973 to 2022.
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

DecadeAverage LowestHighest 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

  1. 43 Portugal 28,992 compare
  2. 44 Slovakia 27,519 compare
  3. 45 Türkiye 27,362 compare
  4. 47 Croatia 26,987 compare
  5. 48 Malaysia 26,629 compare
  6. 49 Kazakhstan 26,492 compare

See the full ranking of 166 places →

More economy & growth data for Latvia

All data for Latvia →

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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Gdp per capita vs electoral democracy index in Latvia. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gdp-per-capita-vs-electoral-democracy-index/latvia/

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About this data

Indicator
Gdp per capita vs electoral democracy index
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 21,075 data points, 1000–2022
Last refreshed