Gdp worldbank in Latvia
Latvia: Gdp worldbank was 71.70 billion in 2025. ▲ Rising
Latest (2025)
71.70 billion
Change on year
up 2.1%
World rank
109th
of 198 countries
All-time high
71.70 billion
in 2025
All-time low
26.29 billion
in 1993
Years of data
36
1990–2025
Gdp worldbank in Latvia, 1990–2025
Source: Our World in Data.
Analysis
In 2025, gdp worldbank in Latvia stood at 71.70 billion. That is the highest value across all 36 years on record.
The figure is up 2.1% on the previous year and up 18.5% over ten years.
Over the whole period, gdp worldbank in Latvia peaked at 71.70 billion in 2025 and was at its lowest, 26.29 billion, in 1993.
Latvia ranks 109th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Gdp worldbank in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 46.63 billion | — |
| 1991 | 40.76 billion | -12.6% |
| 1992 | 27.67 billion | -32.1% |
| 1993 | 26.29 billion | -5.0% |
| 1994 | 26.86 billion | +2.2% |
| 1995 | 26.61 billion | -0.9% |
| 1996 | 27.22 billion | +2.3% |
| 1997 | 29.72 billion | +9.2% |
| 1998 | 31.66 billion | +6.6% |
| 1999 | 32.56 billion | +2.8% |
| 2000 | 34.46 billion | +5.8% |
| 2001 | 36.68 billion | +6.5% |
| 2002 | 39.50 billion | +7.7% |
| 2003 | 42.83 billion | +8.4% |
| 2004 | 46.56 billion | +8.7% |
| 2005 | 51.97 billion | +11.6% |
| 2006 | 58.64 billion | +12.8% |
| 2007 | 64.74 billion | +10.4% |
| 2008 | 62.55 billion | -3.4% |
| 2009 | 52.52 billion | -16.0% |
| 2010 | 50.59 billion | -3.7% |
| 2011 | 52.13 billion | +3.0% |
| 2012 | 55.94 billion | +7.3% |
| 2013 | 57.11 billion | +2.1% |
| 2014 | 58.31 billion | +2.1% |
| 2015 | 60.51 billion | +3.8% |
| 2016 | 62.06 billion | +2.6% |
| 2017 | 64.16 billion | +3.4% |
| 2018 | 66.93 billion | +4.3% |
| 2019 | 67.38 billion | +0.7% |
| 2020 | 65.04 billion | -3.5% |
| 2021 | 69.56 billion | +6.9% |
| 2022 | 70.89 billion | +1.9% |
| 2023 | 70.22 billion | -0.9% |
| 2024 | 70.19 billion | -0.0% |
| 2025 | 71.70 billion | +2.1% |
Latvia compared with similar countries
- Latvia's 71.70 billion is below the median for high income countries, which is 209.44 billion, 34% of the median. (74 countries reporting)
- Latvia's 71.70 billion is below the median for Europe & Central Asia, which is 249.10 billion, 29% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.60 billion | 26.29 billion | 46.63 billion | 10 |
| 2000s | 49.04 billion | 34.46 billion | 64.74 billion | 10 |
| 2010s | 59.51 billion | 50.59 billion | 67.38 billion | 10 |
| 2020s | 69.60 billion | 65.04 billion | 71.70 billion | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is gdp worldbank in Latvia?
- Gdp worldbank in Latvia was 71.70 billion in 2025, according to Our World in Data.
- What is the highest gdp worldbank recorded in Latvia?
- The highest recorded value was 71.70 billion in 2025.
- What is the lowest gdp worldbank recorded in Latvia?
- The lowest recorded value was 26.29 billion in 1993.
- How does Latvia rank for gdp worldbank?
- Latvia ranks 109th out of 198 countries with data for 2025.
- Is gdp worldbank rising or falling in Latvia?
- Over the last ten years it is up 18.5%. 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 worldbank. Statizoid updates them automatically from the source API.
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