GNI in Latvia
Latvia: GNI was 48.20 billion current US$ in 2025. ◆ Volatile
GNI in Latvia, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gni in Latvia stood at 48.20 billion current US$. That is the highest value across all 31 years on record.
That represents a change of up 12.7% on the previous year and up 83.9% over ten years.
Over the whole period, gni in Latvia peaked at 48.20 billion current US$ in 2025 and was at its lowest, 5.65 billion current US$, in 1995.
Latvia ranks 100th of 210 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 5.65 billion current US$ | — |
| 1996 | 5.84 billion current US$ | +3.3% |
| 1997 | 6.40 billion current US$ | +9.6% |
| 1998 | 7.02 billion current US$ | +9.7% |
| 1999 | 7.25 billion current US$ | +3.3% |
| 2000 | 7.75 billion current US$ | +6.9% |
| 2001 | 8.22 billion current US$ | +6.0% |
| 2002 | 9.27 billion current US$ | +12.8% |
| 2003 | 11.19 billion current US$ | +20.7% |
| 2004 | 13.53 billion current US$ | +20.9% |
| 2005 | 16.13 billion current US$ | +19.2% |
| 2006 | 19.90 billion current US$ | +23.3% |
| 2007 | 28.50 billion current US$ | +43.2% |
| 2008 | 33.68 billion current US$ | +18.2% |
| 2009 | 27.53 billion current US$ | -18.3% |
| 2010 | 23.71 billion current US$ | -13.9% |
| 2011 | 26.55 billion current US$ | +12.0% |
| 2012 | 26.92 billion current US$ | +1.4% |
| 2013 | 29.08 billion current US$ | +8.0% |
| 2014 | 30.31 billion current US$ | +4.2% |
| 2015 | 26.21 billion current US$ | -13.5% |
| 2016 | 27.08 billion current US$ | +3.3% |
| 2017 | 29.31 billion current US$ | +8.2% |
| 2018 | 32.70 billion current US$ | +11.6% |
| 2019 | 32.63 billion current US$ | -0.2% |
| 2020 | 33.39 billion current US$ | +2.3% |
| 2021 | 37.47 billion current US$ | +12.2% |
| 2022 | 37.34 billion current US$ | -0.4% |
| 2023 | 41.79 billion current US$ | +11.9% |
| 2024 | 42.78 billion current US$ | +2.4% |
| 2025 | 48.20 billion current US$ | +12.7% |
Latvia compared with similar countries
- Latvia's 48.20 billion current US$ is below the median for high income countries, which is 97.30 billion current US$, 50% of the median. (78 countries reporting)
- Latvia's 48.20 billion current US$ is below the median for Europe & Central Asia, which is 103.95 billion current US$, 46% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.43 billion current US$ | 5.65 billion current US$ | 7.25 billion current US$ | 5 |
| 2000s | 17.57 billion current US$ | 7.75 billion current US$ | 33.68 billion current US$ | 10 |
| 2010s | 28.45 billion current US$ | 23.71 billion current US$ | 32.70 billion current US$ | 10 |
| 2020s | 40.16 billion current US$ | 33.39 billion current US$ | 48.20 billion current US$ | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gni in Latvia?
- Gni in Latvia was 48.20 billion current US$ in 2025, 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 48.20 billion current US$ in 2025.
- What is the lowest gni recorded in Latvia?
- The lowest recorded value was 5.65 billion current US$ in 1995.
- How does Latvia rank for gni?
- Latvia ranks 100th out of 210 countries with data for 2025.
- Is gni rising or falling in Latvia?
- Over the last ten years it is up 83.9%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.