GNI per capita in Latvia
Latvia: GNI per capita was 17,732 US$ in 2020. ◆ Volatile
GNI per capita in Latvia, 1995–2020
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in US$.
Analysis
Latvia recorded 17,732 US$ for gni per capita in 2020. That is the highest value across all 26 years on record.
The figure is up 0.4% on the previous year and up 53.7% over ten years.
Over the whole period, gni per capita in Latvia peaked at 17,732 US$ in 2020 and was at its lowest, 2,347 US$, in 1995.
That places Latvia 54th out of 207 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI per capita in Latvia, year by year
| Year | US$ | Change |
|---|---|---|
| 1995 | 2,347 US$ | — |
| 1996 | 2,447 US$ | +4.3% |
| 1997 | 2,703 US$ | +10.5% |
| 1998 | 2,993 US$ | +10.7% |
| 1999 | 3,122 US$ | +4.3% |
| 2000 | 3,357 US$ | +7.6% |
| 2001 | 3,589 US$ | +6.9% |
| 2002 | 4,144 US$ | +15.5% |
| 2003 | 5,120 US$ | +23.6% |
| 2004 | 6,247 US$ | +22.0% |
| 2005 | 7,516 US$ | +20.3% |
| 2006 | 9,480 US$ | +26.1% |
| 2007 | 13,694 US$ | +44.4% |
| 2008 | 16,258 US$ | +18.7% |
| 2009 | 13,191 US$ | -18.9% |
| 2010 | 11,536 US$ | -12.5% |
| 2011 | 13,325 US$ | +15.5% |
| 2012 | 13,750 US$ | +3.2% |
| 2013 | 14,974 US$ | +8.9% |
| 2014 | 15,762 US$ | +5.3% |
| 2015 | 13,722 US$ | -12.9% |
| 2016 | 14,311 US$ | +4.3% |
| 2017 | 15,656 US$ | +9.4% |
| 2018 | 17,575 US$ | +12.3% |
| 2019 | 17,659 US$ | +0.5% |
| 2020 | 17,732 US$ | +0.4% |
Latvia compared with similar countries
- Latvia's 17,732 US$ is below the median for high income countries, which is 26,430 US$, 67% of the median. (75 countries reporting)
- Latvia's 17,732 US$ is below the median for Europe & Central Asia, which is 19,050 US$, 93% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,722 US$ | 2,347 US$ | 3,122 US$ | 5 |
| 2000s | 8,260 US$ | 3,357 US$ | 16,258 US$ | 10 |
| 2010s | 14,827 US$ | 11,536 US$ | 17,659 US$ | 10 |
| 2020s | 17,732 US$ | 17,732 US$ | 17,732 US$ | 1 |
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 17,732 US$ in 2020, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gni per capita recorded in Latvia?
- The highest recorded value was 17,732 US$ in 2020.
- What is the lowest gni per capita recorded in Latvia?
- The lowest recorded value was 2,347 US$ in 1995.
- How does Latvia rank for gni per capita?
- Latvia ranks 54th out of 207 countries with data for 2020.
- Is gni per capita rising or falling in Latvia?
- Over the last ten years it is up 53.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of GNI per capita (US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.