GNI per capita in Latvia
Latvia: GNI per capita was 16,381 constant LCU in 2024. ▲ Rising
GNI per capita in Latvia, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gni per capita in Latvia is 16,381 constant LCU, measured in 2024. That is the highest value across all 30 years on record.
The figure is up 1.2% on the previous year and up 33.2% over ten years.
Over the whole period, gni per capita in Latvia peaked at 16,381 constant LCU in 2024 and was at its lowest, 4,498 constant LCU, in 1995.
Latvia ranks 136th of 170 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
GNI per capita in Latvia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 4,498 constant LCU | — |
| 1996 | 4,633 constant LCU | +3.0% |
| 1997 | 4,948 constant LCU | +6.8% |
| 1998 | 5,430 constant LCU | +9.7% |
| 1999 | 5,627 constant LCU | +3.6% |
| 2000 | 5,934 constant LCU | +5.5% |
| 2001 | 6,470 constant LCU | +9.0% |
| 2002 | 6,963 constant LCU | +7.6% |
| 2003 | 7,595 constant LCU | +9.1% |
| 2004 | 8,274 constant LCU | +8.9% |
| 2005 | 9,389 constant LCU | +13.5% |
| 2006 | 10,520 constant LCU | +12.1% |
| 2007 | 12,078 constant LCU | +14.8% |
| 2008 | 11,956 constant LCU | -1.0% |
| 2009 | 11,094 constant LCU | -7.2% |
| 2010 | 10,274 constant LCU | -7.4% |
| 2011 | 10,834 constant LCU | +5.5% |
| 2012 | 11,477 constant LCU | +5.9% |
| 2013 | 11,950 constant LCU | +4.1% |
| 2014 | 12,297 constant LCU | +2.9% |
| 2015 | 12,834 constant LCU | +4.4% |
| 2016 | 13,589 constant LCU | +5.9% |
| 2017 | 14,194 constant LCU | +4.5% |
| 2018 | 14,886 constant LCU | +4.9% |
| 2019 | 15,420 constant LCU | +3.6% |
| 2020 | 15,384 constant LCU | -0.2% |
| 2021 | 16,088 constant LCU | +4.6% |
| 2022 | 16,074 constant LCU | -0.1% |
| 2023 | 16,189 constant LCU | +0.7% |
| 2024 | 16,381 constant LCU | +1.2% |
Latvia compared with similar countries
- Latvia's 16,381 constant LCU is below the median for high income countries, which is 58,234 constant LCU, 28% of the median. (60 countries reporting)
- Latvia's 16,381 constant LCU is below the median for Europe & Central Asia, which is 43,686 constant LCU, 37% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,027 constant LCU | 4,498 constant LCU | 5,627 constant LCU | 5 |
| 2000s | 9,027 constant LCU | 5,934 constant LCU | 12,078 constant LCU | 10 |
| 2010s | 12,775 constant LCU | 10,274 constant LCU | 15,420 constant LCU | 10 |
| 2020s | 16,023 constant LCU | 15,384 constant LCU | 16,381 constant LCU | 5 |
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 per capita in Latvia?
- Gni per capita in Latvia was 16,381 constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni per capita recorded in Latvia?
- The highest recorded value was 16,381 constant LCU in 2024.
- What is the lowest gni per capita recorded in Latvia?
- The lowest recorded value was 4,498 constant LCU in 1995.
- How does Latvia rank for gni per capita?
- Latvia ranks 136th out of 170 countries with data for 2024.
- Is gni per capita rising or falling in Latvia?
- Over the last ten years it is up 33.2%. 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 per capita (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. The core indicator has been divided by the general population to achieve a per capita estimate.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 varies by country. This series is expressed in local currency units.