Gross domestic product (GDP) and main components per capita - annual in Latvia
Latvia: Gross domestic product (GDP) and main components per capita - annual was 56.2% in 2025. ▲ Rising
Gross domestic product (GDP) and main components per capita - annual in Latvia, 1995–2025
Source: Eurostat. Measured in Percentage of EU27 (from 2020) total per capita (based on million euro, EU27 fro.
Analysis
In 2025, gross domestic product (gdp) and main components per capita - annual in Latvia stood at 56.2%. That is the highest value across all 31 years on record.
The figure is up 3.1% on the previous year and up 30.1% over ten years.
Over the whole period, gross domestic product (gdp) and main components per capita - annual in Latvia peaked at 56.2% in 2025 and was at its lowest, 10.8%, in 1995.
That places Latvia 36th out of 48 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross domestic product (GDP) and main components per capita - annual in Latvia, year by year
| Year | Percentage of EU27 (from 2020) total per capita (based on million euro, EU27 fro | Change |
|---|---|---|
| 1995 | 10.8% | — |
| 1996 | 11.9% | +10.2% |
| 1997 | 14.4% | +21.0% |
| 1998 | 15.5% | +7.6% |
| 1999 | 16.5% | +6.5% |
| 2000 | 19.3% | +17.0% |
| 2001 | 20.4% | +5.7% |
| 2002 | 21.4% | +4.9% |
| 2003 | 21.5% | +0.5% |
| 2004 | 23.3% | +8.4% |
| 2005 | 26.7% | +14.6% |
| 2006 | 31.8% | +19.1% |
| 2007 | 39.8% | +25.2% |
| 2008 | 42.2% | +6.0% |
| 2009 | 35.5% | -15.9% |
| 2010 | 33.4% | -5.9% |
| 2011 | 35.7% | +6.9% |
| 2012 | 40.3% | +12.9% |
| 2013 | 41.6% | +3.2% |
| 2014 | 42.6% | +2.4% |
| 2015 | 43.2% | +1.4% |
| 2016 | 43.9% | +1.6% |
| 2017 | 45.2% | +3.0% |
| 2018 | 47.7% | +5.5% |
| 2019 | 48.8% | +2.3% |
| 2020 | 50.4% | +3.3% |
| 2021 | 51.5% | +2.2% |
| 2022 | 53.0% | +2.9% |
| 2023 | 54.8% | +3.4% |
| 2024 | 54.5% | -0.5% |
| 2025 | 56.2% | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.8% | 10.8% | 16.5% | 5 |
| 2000s | 28.2% | 19.3% | 42.2% | 10 |
| 2010s | 42.2% | 33.4% | 48.8% | 10 |
| 2020s | 53.4% | 50.4% | 56.2% | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp) and main components per capita - annual in Latvia?
- Gross domestic product (gdp) and main components per capita - annual in Latvia was 56.2% in 2025, according to Eurostat.
- What is the highest gross domestic product (gdp) and main components per capita - annual recorded in Latvia?
- The highest recorded value was 56.2% in 2025.
- What is the lowest gross domestic product (gdp) and main components per capita - annual recorded in Latvia?
- The lowest recorded value was 10.8% in 1995.
- How does Latvia rank for gross domestic product (gdp) and main components per capita - annual?
- Latvia ranks 36th out of 48 countries with data for 2025.
- Is gross domestic product (gdp) and main components per capita - annual rising or falling in Latvia?
- Over the last ten years it is up 30.1%. 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 per capita - annual data. Statizoid updates them automatically from the source API.
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