Gross domestic product (GDP), Current prices … Current square in Latvia
Latvia: Gross domestic product (GDP), Current prices … Current square was 0.0005 units per square kilometre in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency, per in Latvia, 1992–2019
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
Latvia recorded 0.0005 units per square kilometre for gross domestic product (gdp), current prices, domestic currency, per in 2019. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 60.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency, per in Latvia peaked at 0.0005 units per square kilometre in 2019 and was at its lowest, 0 units per square kilometre, in 1992.
That places Latvia 170th out of 192 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices … Current square in Latvia, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1992 | 0 units per square kilometre | — |
| 1993 | 0 units per square kilometre | +46.0% |
| 1994 | 0.0001 units per square kilometre | +39.2% |
| 1995 | 0.0001 units per square kilometre | +28.0% |
| 1996 | 0.0001 units per square kilometre | +15.3% |
| 1997 | 0.0001 units per square kilometre | +15.3% |
| 1998 | 0.0001 units per square kilometre | +11.5% |
| 1999 | 0.0001 units per square kilometre | +4.3% |
| 2000 | 0.0001 units per square kilometre | +9.5% |
| 2001 | 0.0001 units per square kilometre | +8.8% |
| 2002 | 0.0001 units per square kilometre | +12.5% |
| 2003 | 0.0002 units per square kilometre | +13.8% |
| 2004 | 0.0002 units per square kilometre | +15.9% |
| 2005 | 0.0002 units per square kilometre | +23.1% |
| 2006 | 0.0003 units per square kilometre | +25.9% |
| 2007 | 0.0004 units per square kilometre | +32.1% |
| 2008 | 0.0004 units per square kilometre | +7.9% |
| 2009 | 0.0003 units per square kilometre | -22.6% |
| 2010 | 0.0003 units per square kilometre | -4.8% |
| 2011 | 0.0003 units per square kilometre | +13.3% |
| 2012 | 0.0004 units per square kilometre | +8.0% |
| 2013 | 0.0004 units per square kilometre | +4.0% |
| 2014 | 0.0004 units per square kilometre | +3.0% |
| 2015 | 0.0004 units per square kilometre | +4.0% |
| 2016 | 0.0004 units per square kilometre | +3.3% |
| 2017 | 0.0004 units per square kilometre | +6.3% |
| 2018 | 0.0005 units per square kilometre | +8.1% |
| 2019 | 0.0005 units per square kilometre | +4.5% |
Latvia compared with similar countries
- Latvia's 0.0005 units per square kilometre is below the median for high income countries, which is 0.0096 units per square kilometre, 5% of the median. (65 countries reporting)
- Latvia's 0.0005 units per square kilometre is below the median for Europe & Central Asia, which is 0.0061 units per square kilometre, 8% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0001 units per square kilometre | 0 units per square kilometre | 0.0001 units per square kilometre | 8 |
| 2000s | 0.0002 units per square kilometre | 0.0001 units per square kilometre | 0.0004 units per square kilometre | 10 |
| 2010s | 0.0004 units per square kilometre | 0.0003 units per square kilometre | 0.0005 units per square kilometre | 10 |
Countries ranked near Latvia
- 167 Micronesia (country) 0.0006 units per square kilometre compare
- 168 Peru 0.0006 units per square kilometre compare
- 169 Tajikistan 0.0006 units per square kilometre compare
- 171 Ecuador 0.0004 units per square kilometre compare
- 172 Zambia 0.0004 units per square kilometre compare
- 173 Solomon Islands 0.0004 units per square kilometre 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 gross domestic product (gdp), current prices, domestic currency, per in Latvia?
- Gross domestic product (gdp), current prices, domestic currency, per in Latvia was 0.0005 units per square kilometre in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency, per recorded in Latvia?
- The highest recorded value was 0.0005 units per square kilometre in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency, per recorded in Latvia?
- The lowest recorded value was 0 units per square kilometre in 1992.
- How does Latvia rank for gross domestic product (gdp), current prices, domestic currency, per?
- Latvia ranks 170th out of 192 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency, per rising or falling in Latvia?
- Over the last ten years it is up 60.9%. 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 Gross domestic product (GDP), Current prices, Domestic currency, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP), Current prices, Domestic currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP), Current prices, Domestic currency ÷ Land area (sq. km)
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross domestic product (GDP), Current prices, Domestic currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.