Gross domestic product … quarterly output expenditure income in Latvia
Latvia: Gross domestic product … quarterly output expenditure income was 113.83 Chain linked volumes, index 2020=100 in 2026. ▲ Rising
Latest (2026)
113.83 Chain linked volumes, index 2020=100
Change on year
down 0.4%
World rank
30th
of 48 countries
All-time high
117.29 Chain linked volumes, index 2020=100
in 2021
All-time low
44.24 Chain linked volumes, index 2020=100
in 1995
Years of data
32
1995–2026
Gross domestic product (GDP) and main components (output, expenditure) in Latvia, 1995–2026
Source: Eurostat. Measured in Chain linked volumes, index 2020=100.
Analysis
Latvia recorded 113.83 Chain linked volumes, index 2020=100 for gross domestic product (gdp) and main components (output, expenditure) in 2026.
The figure is down 0.4% on the previous year and up 10.2% over ten years.
Over the whole period, gross domestic product (gdp) and main components (output, expenditure) in Latvia peaked at 117.29 Chain linked volumes, index 2020=100 in 2021 and was at its lowest, 44.24 Chain linked volumes, index 2020=100, in 1995.
Latvia ranks 30th of 48 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross domestic product … quarterly output expenditure income in Latvia, year by year
| Year | Chain linked volumes, index 2020=100 | Change |
|---|---|---|
| 1995 | 44.24 Chain linked volumes, index 2020=100 | — |
| 1996 | 45.97 Chain linked volumes, index 2020=100 | +3.9% |
| 1997 | 49.62 Chain linked volumes, index 2020=100 | +7.9% |
| 1998 | 50.94 Chain linked volumes, index 2020=100 | +2.7% |
| 1999 | 56.04 Chain linked volumes, index 2020=100 | +10.0% |
| 2000 | 58.18 Chain linked volumes, index 2020=100 | +3.8% |
| 2001 | 63.25 Chain linked volumes, index 2020=100 | +8.7% |
| 2002 | 69.01 Chain linked volumes, index 2020=100 | +9.1% |
| 2003 | 73.97 Chain linked volumes, index 2020=100 | +7.2% |
| 2004 | 80.28 Chain linked volumes, index 2020=100 | +8.5% |
| 2005 | 91.95 Chain linked volumes, index 2020=100 | +14.5% |
| 2006 | 104.06 Chain linked volumes, index 2020=100 | +13.2% |
| 2007 | 108.25 Chain linked volumes, index 2020=100 | +4.0% |
| 2008 | 102.5 Chain linked volumes, index 2020=100 | -5.3% |
| 2009 | 88.55 Chain linked volumes, index 2020=100 | -13.6% |
| 2010 | 87.91 Chain linked volumes, index 2020=100 | -0.7% |
| 2011 | 90.36 Chain linked volumes, index 2020=100 | +2.8% |
| 2012 | 94.95 Chain linked volumes, index 2020=100 | +5.1% |
| 2013 | 96.77 Chain linked volumes, index 2020=100 | +1.9% |
| 2014 | 97.7 Chain linked volumes, index 2020=100 | +1.0% |
| 2015 | 101.34 Chain linked volumes, index 2020=100 | +3.7% |
| 2016 | 103.27 Chain linked volumes, index 2020=100 | +1.9% |
| 2017 | 107.09 Chain linked volumes, index 2020=100 | +3.7% |
| 2018 | 112.28 Chain linked volumes, index 2020=100 | +4.8% |
| 2019 | 111.1 Chain linked volumes, index 2020=100 | -1.0% |
| 2020 | 110.12 Chain linked volumes, index 2020=100 | -0.9% |
| 2021 | 117.29 Chain linked volumes, index 2020=100 | +6.5% |
| 2022 | 113.75 Chain linked volumes, index 2020=100 | -3.0% |
| 2023 | 111.12 Chain linked volumes, index 2020=100 | -2.3% |
| 2024 | 111.52 Chain linked volumes, index 2020=100 | +0.4% |
| 2025 | 114.34 Chain linked volumes, index 2020=100 | +2.5% |
| 2026 | 113.83 Chain linked volumes, index 2020=100 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.36 Chain linked volumes, index 2020=100 | 44.24 Chain linked volumes, index 2020=100 | 56.04 Chain linked volumes, index 2020=100 | 5 |
| 2000s | 84 Chain linked volumes, index 2020=100 | 58.18 Chain linked volumes, index 2020=100 | 108.25 Chain linked volumes, index 2020=100 | 10 |
| 2010s | 100.28 Chain linked volumes, index 2020=100 | 87.91 Chain linked volumes, index 2020=100 | 112.28 Chain linked volumes, index 2020=100 | 10 |
| 2020s | 113.14 Chain linked volumes, index 2020=100 | 110.12 Chain linked volumes, index 2020=100 | 117.29 Chain linked volumes, index 2020=100 | 7 |
Countries ranked near Latvia
- 27 Netherlands 115.97 Chain linked volumes, index 2020=100 compare
- 28 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023, EA21-2026) 115.13 Chain linked volumes, index 2020=100 compare
- 29 Poland 114.79 Chain linked volumes, index 2020=100 compare
- 31 Czechia 113.8 Chain linked volumes, index 2020=100 compare
- 32 France 113.61 Chain linked volumes, index 2020=100 compare
- 33 Slovakia 113.53 Chain linked volumes, index 2020=100 compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is gross domestic product (gdp) and main components (output, expenditure) in Latvia?
- Gross domestic product (gdp) and main components (output, expenditure) in Latvia was 113.83 Chain linked volumes, index 2020=100 in 2026, according to Eurostat.
- What is the highest gross domestic product (gdp) and main components (output, expenditure) recorded in Latvia?
- The highest recorded value was 117.29 Chain linked volumes, index 2020=100 in 2021.
- What is the lowest gross domestic product (gdp) and main components (output, expenditure) recorded in Latvia?
- The lowest recorded value was 44.24 Chain linked volumes, index 2020=100 in 1995.
- How does Latvia rank for gross domestic product (gdp) and main components (output, expenditure)?
- Latvia ranks 30th out of 48 countries with data for 2026.
- Is gross domestic product (gdp) and main components (output, expenditure) rising or falling in Latvia?
- Over the last ten years it is up 10.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) and main components (output, expenditure and income) - quarterly data. Statizoid updates them automatically from the source API.
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