Gross domestic product (GDP) and main components per capita in Latvia
Latvia: Gross domestic product (GDP) and main components per capita was 5,420 Current prices, euro per capita in 2026. ◆ Volatile
Latest (2026)
5,420 Current prices, euro per capita
Change on year
down 16.4%
World rank
37th
of 45 countries
All-time high
6,480 Current prices, euro per capita
in 2025
All-time low
430 Current prices, euro per capita
in 1995
Years of data
32
1995–2026
Gross domestic product (GDP) and main components per capita in Latvia, 1995–2026
Source: Eurostat. Measured in Current prices, euro per capita.
Analysis
In 2026, gross domestic product (gdp) and main components per capita in Latvia stood at 5,420 Current prices, euro per capita.
The figure is down 16.4% on the previous year and up 60.8% over ten years.
Over the whole period, gross domestic product (gdp) and main components per capita in Latvia peaked at 6,480 Current prices, euro per capita in 2025 and was at its lowest, 430 Current prices, euro per capita, in 1995.
Latvia ranks 37th of 45 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) and main components per capita in Latvia, year by year
| Year | Current prices, euro per capita | Change |
|---|---|---|
| 1995 | 430 Current prices, euro per capita | — |
| 1996 | 530 Current prices, euro per capita | +23.3% |
| 1997 | 660 Current prices, euro per capita | +24.5% |
| 1998 | 670 Current prices, euro per capita | +1.5% |
| 1999 | 820 Current prices, euro per capita | +22.4% |
| 2000 | 980 Current prices, euro per capita | +19.5% |
| 2001 | 1,070 Current prices, euro per capita | +9.2% |
| 2002 | 1,130 Current prices, euro per capita | +5.6% |
| 2003 | 1,170 Current prices, euro per capita | +3.5% |
| 2004 | 1,330 Current prices, euro per capita | +13.7% |
| 2005 | 1,700 Current prices, euro per capita | +27.8% |
| 2006 | 2,140 Current prices, euro per capita | +25.9% |
| 2007 | 2,680 Current prices, euro per capita | +25.2% |
| 2008 | 2,670 Current prices, euro per capita | -0.4% |
| 2009 | 2,150 Current prices, euro per capita | -19.5% |
| 2010 | 2,260 Current prices, euro per capita | +5.1% |
| 2011 | 2,550 Current prices, euro per capita | +12.8% |
| 2012 | 2,820 Current prices, euro per capita | +10.6% |
| 2013 | 2,960 Current prices, euro per capita | +5.0% |
| 2014 | 3,070 Current prices, euro per capita | +3.7% |
| 2015 | 3,190 Current prices, euro per capita | +3.9% |
| 2016 | 3,370 Current prices, euro per capita | +5.6% |
| 2017 | 3,610 Current prices, euro per capita | +7.1% |
| 2018 | 3,960 Current prices, euro per capita | +9.7% |
| 2019 | 4,090 Current prices, euro per capita | +3.3% |
| 2020 | 4,160 Current prices, euro per capita | +1.7% |
| 2021 | 4,820 Current prices, euro per capita | +15.9% |
| 2022 | 5,180 Current prices, euro per capita | +7.5% |
| 2023 | 5,650 Current prices, euro per capita | +9.1% |
| 2024 | 5,970 Current prices, euro per capita | +5.7% |
| 2025 | 6,480 Current prices, euro per capita | +8.5% |
| 2026 | 5,420 Current prices, euro per capita | -16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 622 Current prices, euro per capita | 430 Current prices, euro per capita | 820 Current prices, euro per capita | 5 |
| 2000s | 1,702 Current prices, euro per capita | 980 Current prices, euro per capita | 2,680 Current prices, euro per capita | 10 |
| 2010s | 3,188 Current prices, euro per capita | 2,260 Current prices, euro per capita | 4,090 Current prices, euro per capita | 10 |
| 2020s | 5,383 Current prices, euro per capita | 4,160 Current prices, euro per capita | 6,480 Current prices, euro per capita | 7 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) and main components per capita in Latvia?
- Gross domestic product (gdp) and main components per capita in Latvia was 5,420 Current prices, euro per capita in 2026, according to Eurostat.
- What is the highest gross domestic product (gdp) and main components per capita recorded in Latvia?
- The highest recorded value was 6,480 Current prices, euro per capita in 2025.
- What is the lowest gross domestic product (gdp) and main components per capita recorded in Latvia?
- The lowest recorded value was 430 Current prices, euro per capita in 1995.
- How does Latvia rank for gross domestic product (gdp) and main components per capita?
- Latvia ranks 37th out of 45 countries with data for 2026.
- Is gross domestic product (gdp) and main components per capita rising or falling in Latvia?
- Over the last ten years it is up 60.8%. The long-run trend across the full record is volatile.
- 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 - quarterly data. Statizoid updates them automatically from the source API.
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