Gross domestic product (GDP), per square kilometre in Latvia
Latvia: Gross domestic product (GDP), per square kilometre was 1.13 million international-$ in 2021 prices per square kilometre in 2023. ▲ Rising
Latest (2023)
1.13 million international-$ in 2021 prices per square kilometre
Change on year
down 0.9%
World rank
106th
of 198 countries
All-time high
1.14 million international-$ in 2021 prices per square kilometre
in 2022
All-time low
422,436 international-$ in 2021 prices per square kilometre
in 1993
Years of data
32
1992–2023
Gross domestic product (GDP), per square kilometre in Latvia, 1992–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per square kilometre.
Analysis
In 2023, gross domestic product (gdp), per square kilometre in Latvia stood at 1.13 million international-$ in 2021 prices per square kilometre.
That represents a change of down 0.9% on the previous year and up 23.0% over ten years.
Over the whole period, gross domestic product (gdp), per square kilometre in Latvia peaked at 1.14 million international-$ in 2021 prices per square kilometre in 2022 and was at its lowest, 422,436 international-$ in 2021 prices per square kilometre, in 1993.
That places Latvia 106th out of 198 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross domestic product (GDP), per square kilometre in Latvia, year by year
| Year | international-$ in 2021 prices per square kilometre | Change |
|---|---|---|
| 1992 | 444,590 international-$ in 2021 prices per square kilometre | — |
| 1993 | 422,436 international-$ in 2021 prices per square kilometre | -5.0% |
| 1994 | 431,687 international-$ in 2021 prices per square kilometre | +2.2% |
| 1995 | 427,609 international-$ in 2021 prices per square kilometre | -0.9% |
| 1996 | 437,444 international-$ in 2021 prices per square kilometre | +2.3% |
| 1997 | 477,563 international-$ in 2021 prices per square kilometre | +9.2% |
| 1998 | 508,843 international-$ in 2021 prices per square kilometre | +6.5% |
| 1999 | 523,184 international-$ in 2021 prices per square kilometre | +2.8% |
| 2000 | 553,744 international-$ in 2021 prices per square kilometre | +5.8% |
| 2001 | 589,519 international-$ in 2021 prices per square kilometre | +6.5% |
| 2002 | 634,708 international-$ in 2021 prices per square kilometre | +7.7% |
| 2003 | 688,209 international-$ in 2021 prices per square kilometre | +8.4% |
| 2004 | 748,256 international-$ in 2021 prices per square kilometre | +8.7% |
| 2005 | 835,168 international-$ in 2021 prices per square kilometre | +11.6% |
| 2006 | 942,279 international-$ in 2021 prices per square kilometre | +12.8% |
| 2007 | 1.04 million international-$ in 2021 prices per square kilometre | +10.4% |
| 2008 | 1.01 million international-$ in 2021 prices per square kilometre | -3.4% |
| 2009 | 843,930 international-$ in 2021 prices per square kilometre | -16.0% |
| 2010 | 813,031 international-$ in 2021 prices per square kilometre | -3.7% |
| 2011 | 837,717 international-$ in 2021 prices per square kilometre | +3.0% |
| 2012 | 898,914 international-$ in 2021 prices per square kilometre | +7.3% |
| 2013 | 917,756 international-$ in 2021 prices per square kilometre | +2.1% |
| 2014 | 936,982 international-$ in 2021 prices per square kilometre | +2.1% |
| 2015 | 972,433 international-$ in 2021 prices per square kilometre | +3.8% |
| 2016 | 997,246 international-$ in 2021 prices per square kilometre | +2.6% |
| 2017 | 1.03 million international-$ in 2021 prices per square kilometre | +3.4% |
| 2018 | 1.08 million international-$ in 2021 prices per square kilometre | +4.3% |
| 2019 | 1.08 million international-$ in 2021 prices per square kilometre | +0.7% |
| 2020 | 1.05 million international-$ in 2021 prices per square kilometre | -3.5% |
| 2021 | 1.12 million international-$ in 2021 prices per square kilometre | +6.9% |
| 2022 | 1.14 million international-$ in 2021 prices per square kilometre | +1.9% |
| 2023 | 1.13 million international-$ in 2021 prices per square kilometre | -0.9% |
Latvia compared with similar countries
- Latvia's 1.13 million international-$ in 2021 prices per square kilometre is below the median for high income countries, which is 6.38 million international-$ in 2021 prices per square kilometre, 18% of the median. (74 countries reporting)
- Latvia's 1.13 million international-$ in 2021 prices per square kilometre is below the median for Europe & Central Asia, which is 2.73 million international-$ in 2021 prices per square kilometre, 41% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 459,170 international-$ in 2021 prices per square kilometre | 422,436 international-$ in 2021 prices per square kilometre | 523,184 international-$ in 2021 prices per square kilometre | 8 |
| 2000s | 788,138 international-$ in 2021 prices per square kilometre | 553,744 international-$ in 2021 prices per square kilometre | 1.04 million international-$ in 2021 prices per square kilometre | 10 |
| 2010s | 956,365 international-$ in 2021 prices per square kilometre | 813,031 international-$ in 2021 prices per square kilometre | 1.08 million international-$ in 2021 prices per square kilometre | 10 |
| 2020s | 1.11 million international-$ in 2021 prices per square kilometre | 1.05 million international-$ in 2021 prices per square kilometre | 1.14 million international-$ in 2021 prices per square kilometre | 4 |
Countries ranked near Latvia
- 103 Georgia 1.21 million international-$ in 2021 prices per square kilometre compare
- 104 Cape Verde 1.20 million international-$ in 2021 prices per square kilometre compare
- 105 Moldova 1.19 million international-$ in 2021 prices per square kilometre compare
- 107 Ecuador 1.04 million international-$ in 2021 prices per square kilometre compare
- 108 Finland 1.03 million international-$ in 2021 prices per square kilometre compare
- 109 Tonga 1.02 million international-$ in 2021 prices per square kilometre compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), per square kilometre in Latvia?
- Gross domestic product (gdp), per square kilometre in Latvia was 1.13 million international-$ in 2021 prices per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per square kilometre recorded in Latvia?
- The highest recorded value was 1.14 million international-$ in 2021 prices per square kilometre in 2022.
- What is the lowest gross domestic product (gdp), per square kilometre recorded in Latvia?
- The lowest recorded value was 422,436 international-$ in 2021 prices per square kilometre in 1993.
- How does Latvia rank for gross domestic product (gdp), per square kilometre?
- Latvia ranks 106th out of 198 countries with data for 2023.
- Is gross domestic product (gdp), per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 23.0%. 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), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross domestic product (GDP) 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) ÷ Land area (sq. km)
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
- 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) 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.