GNI, PPP (constant 2021 international $), annual growth rate in Latvia
Latvia: GNI, PPP (constant 2021 international $), annual growth rate was 0.2441 % change on previous year in 2024. ◆ Volatile
GNI, PPP (constant 2021 international $), annual growth rate in Latvia, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gni, ppp (constant 2021 international $), annual growth rate in Latvia is 0.2441 % change on previous year, measured in 2024.
The figure is down 74.1% on the previous year and down 87.4% over ten years.
Over the whole period, gni, ppp (constant 2021 international $), annual growth rate in Latvia peaked at 13.87 % change on previous year in 2007 and was at its lowest, -9.3 % change on previous year, in 2010.
That places Latvia 139th out of 158 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI, PPP (constant 2021 international $), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 1.85 % change on previous year | — |
| 1997 | 5.75 % change on previous year | +211.1% |
| 1998 | 8.71 % change on previous year | +51.5% |
| 1999 | 2.79 % change on previous year | -67.9% |
| 2000 | 4.44 % change on previous year | +59.1% |
| 2001 | 7.63 % change on previous year | +71.6% |
| 2002 | 6.38 % change on previous year | -16.3% |
| 2003 | 8.02 % change on previous year | +25.7% |
| 2004 | 7.75 % change on previous year | -3.4% |
| 2005 | 12.26 % change on previous year | +58.1% |
| 2006 | 11.03 % change on previous year | -10.0% |
| 2007 | 13.87 % change on previous year | +25.8% |
| 2008 | -2.04 % change on previous year | -114.7% |
| 2009 | -8.73 % change on previous year | +327.2% |
| 2010 | -9.3 % change on previous year | +6.6% |
| 2011 | 3.55 % change on previous year | -138.2% |
| 2012 | 4.63 % change on previous year | +30.3% |
| 2013 | 3.01 % change on previous year | -35.0% |
| 2014 | 1.94 % change on previous year | -35.4% |
| 2015 | 3.52 % change on previous year | +81.0% |
| 2016 | 4.92 % change on previous year | +39.8% |
| 2017 | 3.53 % change on previous year | -28.1% |
| 2018 | 4.07 % change on previous year | +15.1% |
| 2019 | 2.86 % change on previous year | -29.5% |
| 2020 | -0.9266 % change on previous year | -132.3% |
| 2021 | 3.7 % change on previous year | -499.2% |
| 2022 | -0.3573 % change on previous year | -109.7% |
| 2023 | 0.9422 % change on previous year | -363.7% |
| 2024 | 0.2441 % change on previous year | -74.1% |
Latvia compared with similar countries
- Latvia's 0.2441 % change on previous year is below the median for high income countries, which is 2.41 % change on previous year, 10% of the median. (57 countries reporting)
- Latvia's 0.2441 % change on previous year is below the median for Europe & Central Asia, which is 2.68 % change on previous year, 9% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where GNI, PPP (constant 2021 international $), annual growth rate in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +499.2% | -0.9266 % change on previous year | 3.7 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.77 % change on previous year | 1.85 % change on previous year | 8.71 % change on previous year | 4 |
| 2000s | 6.06 % change on previous year | -8.73 % change on previous year | 13.87 % change on previous year | 10 |
| 2010s | 2.27 % change on previous year | -9.3 % change on previous year | 4.92 % change on previous year | 10 |
| 2020s | 0.7202 % change on previous year | -0.9266 % change on previous year | 3.7 % change on previous year | 5 |
Countries ranked near Latvia
- 136 Iran 0.4469 % change on previous year compare
- 137 Bolivia 0.3285 % change on previous year compare
- 138 San Marino 0.2845 % change on previous year compare
- 140 Vanuatu 0.1688 % change on previous year compare
- 141 Haiti -0.2605 % change on previous year compare
- 142 Mozambique -0.2983 % change on previous year compare
More economy & growth data for Latvia
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ 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)
- IMF holdings of currency, SDR, annual growth rate -7.43 % change on previous year (2025)
Frequently asked questions
- What is gni, ppp (constant 2021 international $), annual growth rate in Latvia?
- Gni, ppp (constant 2021 international $), annual growth rate in Latvia was 0.2441 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gni, ppp (constant 2021 international $), annual growth rate recorded in Latvia?
- The highest recorded value was 13.87 % change on previous year in 2007.
- What is the lowest gni, ppp (constant 2021 international $), annual growth rate recorded in Latvia?
- The lowest recorded value was -9.3 % change on previous year in 2010.
- How does Latvia rank for gni, ppp (constant 2021 international $), annual growth rate?
- Latvia ranks 139th out of 158 countries with data for 2024.
- Is gni, ppp (constant 2021 international $), annual growth rate rising or falling in Latvia?
- Over the last ten years it is down 87.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of GNI, PPP (constant 2021 international $), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GNI, PPP (constant 2021 international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI, PPP International Comparison Program (ICP), World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GNI, PPP (constant 2021 international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.