Gross domestic product … quarterly output expenditure income in Latvia
Latvia: Gross domestic product … quarterly output expenditure income was 105.56 Chain linked volumes, index 2020=100 in 2026. ▲ Rising
Latest (2026)
105.56 Chain linked volumes, index 2020=100
Change on year
down 7.9%
World rank
43rd
of 48 countries
All-time high
117.29 Chain linked volumes, index 2020=100
in 2021
All-time low
44.23 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
The most recent figure for gross domestic product (gdp) and main components (output, expenditure) in Latvia is 105.56 Chain linked volumes, index 2020=100, measured in 2026.
The figure is down 7.9% on the previous year and up 2.2% 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, 44.23 Chain linked volumes, index 2020=100, in 1995.
Latvia ranks 43rd of 48 countries on this measure, in the bottom quarter.
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 | 44.23 Chain linked volumes, index 2020=100 | — |
| 1996 | 45.97 Chain linked volumes, index 2020=100 | +3.9% |
| 1997 | 49.61 Chain linked volumes, index 2020=100 | +7.9% |
| 1998 | 50.93 Chain linked volumes, index 2020=100 | +2.7% |
| 1999 | 56.03 Chain linked volumes, index 2020=100 | +10.0% |
| 2000 | 58.17 Chain linked volumes, index 2020=100 | +3.8% |
| 2001 | 63.24 Chain linked volumes, index 2020=100 | +8.7% |
| 2002 | 69 Chain linked volumes, index 2020=100 | +9.1% |
| 2003 | 73.96 Chain linked volumes, index 2020=100 | +7.2% |
| 2004 | 80.28 Chain linked volumes, index 2020=100 | +8.5% |
| 2005 | 91.94 Chain linked volumes, index 2020=100 | +14.5% |
| 2006 | 104.06 Chain linked volumes, index 2020=100 | +13.2% |
| 2007 | 108.24 Chain linked volumes, index 2020=100 | +4.0% |
| 2008 | 102.49 Chain linked volumes, index 2020=100 | -5.3% |
| 2009 | 88.54 Chain linked volumes, index 2020=100 | -13.6% |
| 2010 | 87.9 Chain linked volumes, index 2020=100 | -0.7% |
| 2011 | 90.36 Chain linked volumes, index 2020=100 | +2.8% |
| 2012 | 94.94 Chain linked volumes, index 2020=100 | +5.1% |
| 2013 | 96.76 Chain linked volumes, index 2020=100 | +1.9% |
| 2014 | 97.69 Chain linked volumes, index 2020=100 | +1.0% |
| 2015 | 101.33 Chain linked volumes, index 2020=100 | +3.7% |
| 2016 | 103.26 Chain linked volumes, index 2020=100 | +1.9% |
| 2017 | 107.08 Chain linked volumes, index 2020=100 | +3.7% |
| 2018 | 112.28 Chain linked volumes, index 2020=100 | +4.9% |
| 2019 | 111.11 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 | 113.95 Chain linked volumes, index 2020=100 | -2.8% |
| 2023 | 111.42 Chain linked volumes, index 2020=100 | -2.2% |
| 2024 | 111.67 Chain linked volumes, index 2020=100 | +0.2% |
| 2025 | 114.58 Chain linked volumes, index 2020=100 | +2.6% |
| 2026 | 105.56 Chain linked volumes, index 2020=100 | -7.9% |
Latvia compared with similar countries
- Latvia's 105.56 Chain linked volumes, index 2020=100 is below the median for Europe & Central Asia, which is 116.21 Chain linked volumes, index 2020=100, 91% of the median. (34 countries reporting)
- Latvia's 105.56 Chain linked volumes, index 2020=100 is below the median for high income countries, which is 114.79 Chain linked volumes, index 2020=100, 92% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.36 Chain linked volumes, index 2020=100 | 44.23 Chain linked volumes, index 2020=100 | 56.03 Chain linked volumes, index 2020=100 | 5 |
| 2000s | 83.99 Chain linked volumes, index 2020=100 | 58.17 Chain linked volumes, index 2020=100 | 108.24 Chain linked volumes, index 2020=100 | 10 |
| 2010s | 100.27 Chain linked volumes, index 2020=100 | 87.9 Chain linked volumes, index 2020=100 | 112.28 Chain linked volumes, index 2020=100 | 10 |
| 2020s | 112.08 Chain linked volumes, index 2020=100 | 105.56 Chain linked volumes, index 2020=100 | 117.29 Chain linked volumes, index 2020=100 | 7 |
Countries ranked near Latvia
- 40 Luxembourg 108.73 Chain linked volumes, index 2020=100 compare
- 41 Finland 107.51 Chain linked volumes, index 2020=100 compare
- 42 Moldova 107.12 Chain linked volumes, index 2020=100 compare
- 44 Germany 104.88 Chain linked volumes, index 2020=100 compare
- 45 Romania 104.51 Chain linked volumes, index 2020=100 compare
- 46 Slovakia 103.84 Chain linked volumes, index 2020=100 compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- 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)
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 105.56 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 44.23 Chain linked volumes, index 2020=100 in 1995.
- How does Latvia rank for gross domestic product (gdp) and main components (output, expenditure)?
- Latvia ranks 43rd 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 2.2%. 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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