Gross domestic product (GDP), gaps filled in Latvia
Latvia: Gross domestic product (GDP), gaps filled was 51.25 billion international-$ in 2011 prices in 2022. ▲ Rising
Gross domestic product (GDP), gaps filled in Latvia, 1973–2022
Source: Statizoid (derived). Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp), gaps filled in Latvia is 51.25 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 44 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 26.4% over ten years.
Over the whole period, gross domestic product (gdp), gaps filled in Latvia peaked at 51.25 billion international-$ in 2011 prices in 2022 and was at its lowest, 21.60 billion international-$ in 2011 prices, in 1995.
Latvia ranks 109th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Gross domestic product (GDP), gaps filled in Latvia, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1973 | 30.28 billion international-$ in 2011 prices | — |
| 1980 | 34.68 billion international-$ in 2011 prices | +14.5% |
| 1981 | 35.44 billion international-$ in 2011 prices | +2.2% |
| 1982 | 36.22 billion international-$ in 2011 prices | +2.2% |
| 1983 | 36.94 billion international-$ in 2011 prices | +2.0% |
| 1984 | 38.00 billion international-$ in 2011 prices | +2.9% |
| 1985 | 37.20 billion international-$ in 2011 prices | -2.1% |
| 1986 | 38.19 billion international-$ in 2011 prices | +2.7% |
| 1987 | 38.04 billion international-$ in 2011 prices | -0.4% |
| 1988 | 39.63 billion international-$ in 2011 prices | +4.2% |
| 1989 | 41.77 billion international-$ in 2011 prices | +5.4% |
| 1990 | 42.10 billion international-$ in 2011 prices | +0.8% |
| 1991 | 36.52 billion international-$ in 2011 prices | -13.3% |
| 1992 | 24.59 billion international-$ in 2011 prices | -32.7% |
| 1993 | 21.61 billion international-$ in 2011 prices | -12.1% |
| 1994 | 21.91 billion international-$ in 2011 prices | +1.4% |
| 1995 | 21.60 billion international-$ in 2011 prices | -1.4% |
| 1996 | 21.94 billion international-$ in 2011 prices | +1.6% |
| 1997 | 23.73 billion international-$ in 2011 prices | +8.2% |
| 1998 | 25.09 billion international-$ in 2011 prices | +5.7% |
| 1999 | 25.55 billion international-$ in 2011 prices | +1.8% |
| 2000 | 26.73 billion international-$ in 2011 prices | +4.6% |
| 2001 | 28.24 billion international-$ in 2011 prices | +5.7% |
| 2002 | 30.01 billion international-$ in 2011 prices | +6.3% |
| 2003 | 32.30 billion international-$ in 2011 prices | +7.6% |
| 2004 | 34.72 billion international-$ in 2011 prices | +7.5% |
| 2005 | 38.14 billion international-$ in 2011 prices | +9.9% |
| 2006 | 42.36 billion international-$ in 2011 prices | +11.1% |
| 2007 | 46.23 billion international-$ in 2011 prices | +9.1% |
| 2008 | 44.22 billion international-$ in 2011 prices | -4.4% |
| 2009 | 37.59 billion international-$ in 2011 prices | -15.0% |
| 2010 | 35.88 billion international-$ in 2011 prices | -4.5% |
| 2011 | 37.87 billion international-$ in 2011 prices | +5.5% |
| 2012 | 40.54 billion international-$ in 2011 prices | +7.0% |
| 2013 | 41.35 billion international-$ in 2011 prices | +2.0% |
| 2014 | 42.14 billion international-$ in 2011 prices | +1.9% |
| 2015 | 43.77 billion international-$ in 2011 prices | +3.9% |
| 2016 | 44.81 billion international-$ in 2011 prices | +2.4% |
| 2017 | 46.30 billion international-$ in 2011 prices | +3.3% |
| 2018 | 48.14 billion international-$ in 2011 prices | +4.0% |
| 2019 | 49.38 billion international-$ in 2011 prices | +2.6% |
| 2020 | 48.29 billion international-$ in 2011 prices | -2.2% |
| 2021 | 50.26 billion international-$ in 2011 prices | +4.1% |
| 2022 | 51.25 billion international-$ in 2011 prices | +2.0% |
Latvia compared with similar countries
- Latvia's 51.25 billion international-$ in 2011 prices is below the median for high income countries, which is 308.39 billion international-$ in 2011 prices, 17% of the median. (55 countries reporting)
- Latvia's 51.25 billion international-$ in 2011 prices is below the median for Europe & Central Asia, which is 245.02 billion international-$ in 2011 prices, 21% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), gaps filled in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -32.7% | 36.52 billion international-$ in 2011 prices | 24.59 billion international-$ in 2011 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.28 billion international-$ in 2011 prices | 30.28 billion international-$ in 2011 prices | 30.28 billion international-$ in 2011 prices | 1 |
| 1980s | 37.61 billion international-$ in 2011 prices | 34.68 billion international-$ in 2011 prices | 41.77 billion international-$ in 2011 prices | 10 |
| 1990s | 26.46 billion international-$ in 2011 prices | 21.60 billion international-$ in 2011 prices | 42.10 billion international-$ in 2011 prices | 10 |
| 2000s | 36.05 billion international-$ in 2011 prices | 26.73 billion international-$ in 2011 prices | 46.23 billion international-$ in 2011 prices | 10 |
| 2010s | 43.02 billion international-$ in 2011 prices | 35.88 billion international-$ in 2011 prices | 49.38 billion international-$ in 2011 prices | 10 |
| 2020s | 49.93 billion international-$ in 2011 prices | 48.29 billion international-$ in 2011 prices | 51.25 billion international-$ in 2011 prices | 3 |
Countries ranked near Latvia
- 106 Afghanistan 53.30 billion international-$ in 2011 prices compare
- 107 Syria 52.35 billion international-$ in 2011 prices compare
- 108 Senegal 51.91 billion international-$ in 2011 prices compare
- 110 Tajikistan 50.54 billion international-$ in 2011 prices compare
- 111 Honduras 49.74 billion international-$ in 2011 prices compare
- 112 Lebanon 48.74 billion international-$ in 2011 prices 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), gaps filled in Latvia?
- Gross domestic product (gdp), gaps filled in Latvia was 51.25 billion international-$ in 2011 prices in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), gaps filled recorded in Latvia?
- The highest recorded value was 51.25 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp), gaps filled recorded in Latvia?
- The lowest recorded value was 21.60 billion international-$ in 2011 prices in 1995.
- How does Latvia rank for gross domestic product (gdp), gaps filled?
- Latvia ranks 109th out of 166 countries with data for 2022.
- Is gross domestic product (gdp), gaps filled rising or falling in Latvia?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) with 51 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
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) with 51 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.