Global Revenue Statistics … Gross domestic product, current prices in Latvia
Latvia: Global Revenue Statistics … Gross domestic product, current prices was 43,627 US dollar in 2023. ◆ Volatile
Global Revenue Statistics - Reference series — Gross domestic in Latvia, 1994–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
In 2023, global revenue statistics - reference series — gross domestic in Latvia stood at 43,627 US dollar. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 44.4% over ten years.
Over the whole period, global revenue statistics - reference series — gross domestic in Latvia peaked at 43,627 US dollar in 2023 and was at its lowest, 4,276 US dollar, in 1994.
Latvia ranks 65th of 133 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.
Global Revenue Statistics … Gross domestic product, current prices in Latvia, year by year
| Year | US dollar | Change |
|---|---|---|
| 1994 | 4,276 US dollar | — |
| 1995 | 5,310 US dollar | +24.2% |
| 1996 | 5,945 US dollar | +12.0% |
| 1997 | 6,119 US dollar | +2.9% |
| 1998 | 6,743 US dollar | +10.2% |
| 1999 | 6,685 US dollar | -0.9% |
| 2000 | 6,344 US dollar | -5.1% |
| 2001 | 6,691 US dollar | +5.5% |
| 2002 | 7,949 US dollar | +18.8% |
| 2003 | 10,827 US dollar | +36.2% |
| 2004 | 13,803 US dollar | +27.5% |
| 2005 | 16,997 US dollar | +23.1% |
| 2006 | 21,596 US dollar | +27.1% |
| 2007 | 31,115 US dollar | +44.1% |
| 2008 | 36,074 US dollar | +15.9% |
| 2009 | 26,501 US dollar | -26.5% |
| 2010 | 23,980 US dollar | -9.5% |
| 2011 | 27,510 US dollar | +14.7% |
| 2012 | 28,168 US dollar | +2.4% |
| 2013 | 30,213 US dollar | +7.3% |
| 2014 | 31,387 US dollar | +3.9% |
| 2015 | 27,263 US dollar | -13.1% |
| 2016 | 28,084 US dollar | +3.0% |
| 2017 | 30,484 US dollar | +8.5% |
| 2018 | 34,429 US dollar | +12.9% |
| 2019 | 34,226 US dollar | -0.6% |
| 2020 | 34,391 US dollar | +0.5% |
| 2021 | 39,443 US dollar | +14.7% |
| 2022 | 40,422 US dollar | +2.5% |
| 2023 | 43,627 US dollar | +7.9% |
Latvia compared with similar countries
- Latvia's 43,627 US dollar is below the median for high income countries, which is 287,104 US dollar, 15% of the median. (49 countries reporting)
- Latvia's 43,627 US dollar is below the median for Europe & Central Asia, which is 250,023 US dollar, 17% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,846 US dollar | 4,276 US dollar | 6,743 US dollar | 6 |
| 2000s | 17,790 US dollar | 6,344 US dollar | 36,074 US dollar | 10 |
| 2010s | 29,574 US dollar | 23,980 US dollar | 34,429 US dollar | 10 |
| 2020s | 39,471 US dollar | 34,391 US dollar | 43,627 US dollar | 4 |
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 global revenue statistics - reference series — gross domestic in Latvia?
- Global revenue statistics - reference series — gross domestic in Latvia was 43,627 US dollar in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - reference series — gross domestic recorded in Latvia?
- The highest recorded value was 43,627 US dollar in 2023.
- What is the lowest global revenue statistics - reference series — gross domestic recorded in Latvia?
- The lowest recorded value was 4,276 US dollar in 1994.
- How does Latvia rank for global revenue statistics - reference series — gross domestic?
- Latvia ranks 65th out of 133 countries with data for 2023.
- Is global revenue statistics - reference series — gross domestic rising or falling in Latvia?
- Over the last ten years it is up 44.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Reference series — Gross domestic product, current prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Includes Gross Domestic Product (GDP) for tax reporting years at market prices in national currency and in US dollars, and exchange rates in national currency per US dollar.