Gdp worldbank constant usd, annual growth rate in Latvia
Latvia: Gdp worldbank constant usd, annual growth rate was 2.14 % change on previous year in 2025. ◆ Volatile
Gdp worldbank constant usd, annual growth rate in Latvia, 1991–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 2.14 % change on previous year for gdp worldbank constant usd, annual growth rate in 2025.
That represents a change of up 5,833.7% on the previous year and down 43.5% over ten years.
Over the whole period, gdp worldbank constant usd, annual growth rate in Latvia peaked at 12.83 % change on previous year in 2006 and was at its lowest, -32.12 % change on previous year, in 1992.
Latvia ranks 139th of 209 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 worldbank constant usd, annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -12.6 % change on previous year | — |
| 1992 | -32.12 % change on previous year | +155.0% |
| 1993 | -4.98 % change on previous year | -84.5% |
| 1994 | 2.19 % change on previous year | -143.9% |
| 1995 | -0.9448 % change on previous year | -143.1% |
| 1996 | 2.3 % change on previous year | -343.4% |
| 1997 | 9.17 % change on previous year | +298.9% |
| 1998 | 6.55 % change on previous year | -28.6% |
| 1999 | 2.82 % change on previous year | -57.0% |
| 2000 | 5.84 % change on previous year | +107.3% |
| 2001 | 6.46 % change on previous year | +10.6% |
| 2002 | 7.67 % change on previous year | +18.6% |
| 2003 | 8.43 % change on previous year | +10.0% |
| 2004 | 8.73 % change on previous year | +3.5% |
| 2005 | 11.62 % change on previous year | +33.1% |
| 2006 | 12.83 % change on previous year | +10.4% |
| 2007 | 10.41 % change on previous year | -18.8% |
| 2008 | -3.39 % change on previous year | -132.5% |
| 2009 | -16.04 % change on previous year | +373.3% |
| 2010 | -3.66 % change on previous year | -77.2% |
| 2011 | 3.04 % change on previous year | -182.9% |
| 2012 | 7.31 % change on previous year | +140.6% |
| 2013 | 2.1 % change on previous year | -71.3% |
| 2014 | 2.1 % change on previous year | -0.0% |
| 2015 | 3.78 % change on previous year | +80.6% |
| 2016 | 2.55 % change on previous year | -32.6% |
| 2017 | 3.4 % change on previous year | +33.2% |
| 2018 | 4.31 % change on previous year | +26.8% |
| 2019 | 0.6754 % change on previous year | -84.3% |
| 2020 | -3.47 % change on previous year | -613.7% |
| 2021 | 6.94 % change on previous year | -300.1% |
| 2022 | 1.91 % change on previous year | -72.5% |
| 2023 | -0.9416 % change on previous year | -149.3% |
| 2024 | -0.0373 % change on previous year | -96.0% |
| 2025 | 2.14 % change on previous year | -5833.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.07 % change on previous year | -32.12 % change on previous year | 9.17 % change on previous year | 9 |
| 2000s | 5.25 % change on previous year | -16.04 % change on previous year | 12.83 % change on previous year | 10 |
| 2010s | 2.56 % change on previous year | -3.66 % change on previous year | 7.31 % change on previous year | 10 |
| 2020s | 1.09 % change on previous year | -3.47 % change on previous year | 6.94 % change on previous year | 6 |
Countries ranked near Latvia
- 136 Marshall Islands 2.28 % change on previous year compare
- 137 United States 2.16 % change on previous year compare
- 138 Naoero 2.14 % change on previous year compare
- 140 Bosnia and Herzegovina 2.13 % change on previous year compare
- 141 Dominican Republic 2.12 % change on previous year compare
- 142 Greece 2.07 % change on previous year compare
More economy & growth data for Latvia
- Services, value added (constant LCU), per capita 11,613 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.62 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8694 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,876 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7694 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 20,244 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5567 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp worldbank constant usd, annual growth rate in Latvia?
- Gdp worldbank constant usd, annual growth rate in Latvia was 2.14 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp worldbank constant usd, annual growth rate recorded in Latvia?
- The highest recorded value was 12.83 % change on previous year in 2006.
- What is the lowest gdp worldbank constant usd, annual growth rate recorded in Latvia?
- The lowest recorded value was -32.12 % change on previous year in 1992.
- How does Latvia rank for gdp worldbank constant usd, annual growth rate?
- Latvia ranks 139th out of 209 countries with data for 2025.
- Is gdp worldbank constant usd, annual growth rate rising or falling in Latvia?
- Over the last ten years it is down 43.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gdp worldbank constant usd, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gdp worldbank constant usd. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gdp worldbank constant usd. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.