Gdp per capita worldbank in Latvia

Latvia: Gdp per capita worldbank was 38,800 in 2025. ▲ Rising

Latest (2025)
38,800
Change on year
up 3.2%
World rank
57th
of 198 countries
All-time high
38,800
in 2025
All-time low
10,255
in 1993
Years of data
36
1990–2025

Gdp per capita worldbank in Latvia, 1990–2025

10.0k20.0k30.0k40.0k1990200720251990: 17.5k1991: 15.4k1992: 10.6k1993: 10.3k1994: 10.7k1995: 10.7k1996: 11.1k1997: 12.2k1998: 13.1k1999: 13.6k2000: 14.6k2001: 15.7k2002: 17.1k2003: 18.7k2004: 20.6k2005: 23.2k2006: 26.4k2007: 29.4k2008: 28.7k2009: 24.5k2010: 24.1k2011: 25.3k2012: 27.5k2013: 28.4k2014: 29.2k2015: 30.6k2016: 31.7k2017: 33.0k2018: 34.7k2019: 35.2k2020: 34.2k2021: 36.9k2022: 37.7k2023: 37.3k2024: 37.6k2025: 38.8k

Source: Our World in Data.

Analysis

In 2025, gdp per capita worldbank in Latvia stood at 38,800. That is the highest value across all 36 years on record.

The figure is up 3.2% on the previous year and up 26.8% over ten years.

Over the whole period, gdp per capita worldbank in Latvia peaked at 38,800 in 2025 and was at its lowest, 10,255, in 1993.

That places Latvia 57th out of 198 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Gdp per capita worldbank in Latvia, year by year

Annual values for Gdp per capita worldbank in Latvia, 1990 to 2025.
Year Value Change
1990 17,509
1991 15,376 -12.2%
1992 10,582 -31.2%
1993 10,255 -3.1%
1994 10,657 +3.9%
1995 10,708 +0.5%
1996 11,078 +3.5%
1997 12,215 +10.3%
1998 13,138 +7.6%
1999 13,619 +3.7%
2000 14,554 +6.9%
2001 15,696 +7.8%
2002 17,097 +8.9%
2003 18,718 +9.5%
2004 20,574 +9.9%
2005 23,213 +12.8%
2006 26,432 +13.9%
2007 29,424 +11.3%
2008 28,727 -2.4%
2009 24,521 -14.6%
2010 24,120 -1.6%
2011 25,309 +4.9%
2012 27,496 +8.6%
2013 28,375 +3.2%
2014 29,244 +3.1%
2015 30,600 +4.6%
2016 31,668 +3.5%
2017 33,036 +4.3%
2018 34,730 +5.1%
2019 35,208 +1.4%
2020 34,226 -2.8%
2021 36,912 +7.8%
2022 37,719 +2.2%
2023 37,278 -1.2%
2024 37,615 +0.9%
2025 38,800 +3.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12,514 10,255 17,509 10
2000s 21,896 14,554 29,424 10
2010s 29,979 24,120 35,208 10
2020s 37,092 34,226 38,800 6

Countries ranked near Latvia

  1. 54 Hungary 41,161 compare
  2. 55 Romania 40,846 compare
  3. 56 Slovak Republic 40,690 compare
  4. 58 Greece 38,219 compare
  5. 59 Kazakhstan 37,851 compare
  6. 60 Panama 37,516 compare

See the full ranking of 198 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gdp per capita worldbank in Latvia?
Gdp per capita worldbank in Latvia was 38,800 in 2025, according to Our World in Data.
What is the highest gdp per capita worldbank recorded in Latvia?
The highest recorded value was 38,800 in 2025.
What is the lowest gdp per capita worldbank recorded in Latvia?
The lowest recorded value was 10,255 in 1993.
How does Latvia rank for gdp per capita worldbank?
Latvia ranks 57th out of 198 countries with data for 2025.
Is gdp per capita worldbank rising or falling in Latvia?
Over the last ten years it is up 26.8%. 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 worldbank. Statizoid updates them automatically from the source API.

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Gdp per capita worldbank in Latvia. Statizoid, drawing on Our World in Data. Retrieved 23 August 2026, from https://economy.statizoid.com/stat/gdp-per-capita-worldbank/latvia/

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About this data

Indicator
Gdp per capita worldbank
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 6,959 data points, 1990–2025
Last refreshed