GNI per capita, PPP in Latvia
Latvia: GNI per capita, PPP was 36,880 constant 2021 international $ in 2024. ▲ Rising
GNI per capita, PPP in Latvia, 1995–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni per capita, ppp in Latvia stood at 36,880 constant 2021 international $. That is the highest value across all 30 years on record.
That represents a change of up 1.2% on the previous year and up 33.2% over ten years.
Over the whole period, gni per capita, ppp in Latvia peaked at 36,880 constant 2021 international $ in 2024 and was at its lowest, 10,126 constant 2021 international $, in 1995.
That places Latvia 48th out of 158 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
GNI per capita, PPP in Latvia, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1995 | 10,126 constant 2021 international $ | — |
| 1996 | 10,430 constant 2021 international $ | +3.0% |
| 1997 | 11,139 constant 2021 international $ | +6.8% |
| 1998 | 12,224 constant 2021 international $ | +9.7% |
| 1999 | 12,669 constant 2021 international $ | +3.6% |
| 2000 | 13,360 constant 2021 international $ | +5.5% |
| 2001 | 14,565 constant 2021 international $ | +9.0% |
| 2002 | 15,676 constant 2021 international $ | +7.6% |
| 2003 | 17,099 constant 2021 international $ | +9.1% |
| 2004 | 18,627 constant 2021 international $ | +8.9% |
| 2005 | 21,137 constant 2021 international $ | +13.5% |
| 2006 | 23,685 constant 2021 international $ | +12.1% |
| 2007 | 27,191 constant 2021 international $ | +14.8% |
| 2008 | 26,917 constant 2021 international $ | -1.0% |
| 2009 | 24,977 constant 2021 international $ | -7.2% |
| 2010 | 23,130 constant 2021 international $ | -7.4% |
| 2011 | 24,392 constant 2021 international $ | +5.5% |
| 2012 | 25,839 constant 2021 international $ | +5.9% |
| 2013 | 26,903 constant 2021 international $ | +4.1% |
| 2014 | 27,685 constant 2021 international $ | +2.9% |
| 2015 | 28,894 constant 2021 international $ | +4.4% |
| 2016 | 30,593 constant 2021 international $ | +5.9% |
| 2017 | 31,956 constant 2021 international $ | +4.5% |
| 2018 | 33,515 constant 2021 international $ | +4.9% |
| 2019 | 34,715 constant 2021 international $ | +3.6% |
| 2020 | 34,636 constant 2021 international $ | -0.2% |
| 2021 | 36,221 constant 2021 international $ | +4.6% |
| 2022 | 36,190 constant 2021 international $ | -0.1% |
| 2023 | 36,447 constant 2021 international $ | +0.7% |
| 2024 | 36,880 constant 2021 international $ | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11,318 constant 2021 international $ | 10,126 constant 2021 international $ | 12,669 constant 2021 international $ | 5 |
| 2000s | 20,323 constant 2021 international $ | 13,360 constant 2021 international $ | 27,191 constant 2021 international $ | 10 |
| 2010s | 28,762 constant 2021 international $ | 23,130 constant 2021 international $ | 34,715 constant 2021 international $ | 10 |
| 2020s | 36,075 constant 2021 international $ | 34,636 constant 2021 international $ | 36,880 constant 2021 international $ | 5 |
Countries ranked near Latvia
- 45 Russia 38,912 constant 2021 international $ compare
- 46 Greece 38,018 constant 2021 international $ compare
- 47 Slovakia 37,668 constant 2021 international $ compare
- 49 Oman 36,390 constant 2021 international $ compare
- 50 Panama 35,040 constant 2021 international $ compare
- 51 Bahamas 34,710 constant 2021 international $ compare
More economy & growth data for Latvia
- GDP (current US$), annual growth rate 10.49 % change on previous year (2025)
- GDP (current US$), per capita 26,312 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.84 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 23,285 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.642 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 16,892 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.6625 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gni per capita, ppp in Latvia?
- Gni per capita, ppp in Latvia was 36,880 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni per capita, ppp recorded in Latvia?
- The highest recorded value was 36,880 constant 2021 international $ in 2024.
- What is the lowest gni per capita, ppp recorded in Latvia?
- The lowest recorded value was 10,126 constant 2021 international $ in 1995.
- How does Latvia rank for gni per capita, ppp?
- Latvia ranks 48th out of 158 countries with data for 2024.
- Is gni per capita, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of GNI per capita, PPP (constant 2021 international $). 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
This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.