GNI (constant 2015 US$) in Latvia
Latvia: GNI (constant 2015 US$) was 31.66 billion constant 2015 US$ in 2024. ▲ Rising
GNI in Latvia, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gni in Latvia is 31.66 billion constant 2015 US$, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 1.0% on the previous year and up 25.3% over ten years.
Over the whole period, gni in Latvia peaked at 31.66 billion constant 2015 US$ in 2024 and was at its lowest, 11.96 billion constant 2015 US$, in 1995.
Latvia ranks 92nd of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
GNI (constant 2015 US$) in Latvia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 11.96 billion constant 2015 US$ | — |
| 1996 | 12.07 billion constant 2015 US$ | +0.8% |
| 1997 | 12.82 billion constant 2015 US$ | +6.2% |
| 1998 | 13.87 billion constant 2015 US$ | +8.2% |
| 1999 | 14.33 billion constant 2015 US$ | +3.3% |
| 2000 | 14.98 billion constant 2015 US$ | +4.6% |
| 2001 | 16.07 billion constant 2015 US$ | +7.3% |
| 2002 | 17.14 billion constant 2015 US$ | +6.7% |
| 2003 | 18.53 billion constant 2015 US$ | +8.1% |
| 2004 | 19.86 billion constant 2015 US$ | +7.2% |
| 2005 | 22.23 billion constant 2015 US$ | +11.9% |
| 2006 | 24.59 billion constant 2015 US$ | +10.6% |
| 2007 | 27.88 billion constant 2015 US$ | +13.4% |
| 2008 | 27.26 billion constant 2015 US$ | -2.2% |
| 2009 | 24.82 billion constant 2015 US$ | -9.0% |
| 2010 | 22.35 billion constant 2015 US$ | -10.0% |
| 2011 | 22.92 billion constant 2015 US$ | +2.6% |
| 2012 | 24.03 billion constant 2015 US$ | +4.8% |
| 2013 | 24.79 billion constant 2015 US$ | +3.1% |
| 2014 | 25.27 billion constant 2015 US$ | +2.0% |
| 2015 | 26.21 billion constant 2015 US$ | +3.7% |
| 2016 | 27.47 billion constant 2015 US$ | +4.8% |
| 2017 | 28.38 billion constant 2015 US$ | +3.3% |
| 2018 | 29.51 billion constant 2015 US$ | +4.0% |
| 2019 | 30.34 billion constant 2015 US$ | +2.8% |
| 2020 | 30.06 billion constant 2015 US$ | -0.9% |
| 2021 | 31.17 billion constant 2015 US$ | +3.7% |
| 2022 | 31.04 billion constant 2015 US$ | -0.4% |
| 2023 | 31.35 billion constant 2015 US$ | +1.0% |
| 2024 | 31.66 billion constant 2015 US$ | +1.0% |
Latvia compared with similar countries
- Latvia's 31.66 billion constant 2015 US$ is below the median for high income countries, which is 236.12 billion constant 2015 US$, 13% of the median. (58 countries reporting)
- Latvia's 31.66 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 102.37 billion constant 2015 US$, 31% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.01 billion constant 2015 US$ | 11.96 billion constant 2015 US$ | 14.33 billion constant 2015 US$ | 5 |
| 2000s | 21.34 billion constant 2015 US$ | 14.98 billion constant 2015 US$ | 27.88 billion constant 2015 US$ | 10 |
| 2010s | 26.13 billion constant 2015 US$ | 22.35 billion constant 2015 US$ | 30.34 billion constant 2015 US$ | 10 |
| 2020s | 31.05 billion constant 2015 US$ | 30.06 billion constant 2015 US$ | 31.66 billion constant 2015 US$ | 5 |
Countries ranked near Latvia
- 89 Bolivia 37.71 billion constant 2015 US$ compare
- 90 Yemen 33.79 billion constant 2015 US$ compare
- 91 Venezuela 32.44 billion constant 2015 US$ compare
- 93 Senegal 29.84 billion constant 2015 US$ compare
- 94 Cyprus 29.53 billion constant 2015 US$ compare
- 95 Estonia 28.18 billion constant 2015 US$ compare
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 gni in Latvia?
- Gni in Latvia was 31.66 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni recorded in Latvia?
- The highest recorded value was 31.66 billion constant 2015 US$ in 2024.
- What is the lowest gni recorded in Latvia?
- The lowest recorded value was 11.96 billion constant 2015 US$ in 1995.
- How does Latvia rank for gni?
- Latvia ranks 92nd out of 162 countries with data for 2024.
- Is gni rising or falling in Latvia?
- Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.