Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Latvia
Latvia: Gross Domestic Product — Value US$, 2015 prices, per square kilometre was 0.5039 million USD per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Latvia, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices, per square kilometre in Latvia is 0.5039 million USD per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 26.1% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per square kilometre in Latvia peaked at 0.5039 million USD per square kilometre in 2023 and was at its lowest, 0.1846 million USD per square kilometre, in 1993.
That places Latvia 96th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per square kilometre in Latvia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.2169 million USD per square kilometre | — |
| 1993 | 0.1846 million USD per square kilometre | -14.9% |
| 1994 | 0.1858 million USD per square kilometre | +0.6% |
| 1995 | 0.1862 million USD per square kilometre | +0.2% |
| 1996 | 0.1904 million USD per square kilometre | +2.3% |
| 1997 | 0.2079 million USD per square kilometre | +9.2% |
| 1998 | 0.2215 million USD per square kilometre | +6.5% |
| 1999 | 0.2278 million USD per square kilometre | +2.8% |
| 2000 | 0.2411 million USD per square kilometre | +5.8% |
| 2001 | 0.2567 million USD per square kilometre | +6.5% |
| 2002 | 0.2763 million USD per square kilometre | +7.7% |
| 2003 | 0.2996 million USD per square kilometre | +8.4% |
| 2004 | 0.3258 million USD per square kilometre | +8.7% |
| 2005 | 0.3636 million USD per square kilometre | +11.6% |
| 2006 | 0.4102 million USD per square kilometre | +12.8% |
| 2007 | 0.453 million USD per square kilometre | +10.4% |
| 2008 | 0.4376 million USD per square kilometre | -3.4% |
| 2009 | 0.3674 million USD per square kilometre | -16.0% |
| 2010 | 0.354 million USD per square kilometre | -3.7% |
| 2011 | 0.3647 million USD per square kilometre | +3.0% |
| 2012 | 0.3914 million USD per square kilometre | +7.3% |
| 2013 | 0.3996 million USD per square kilometre | +2.1% |
| 2014 | 0.4079 million USD per square kilometre | +2.1% |
| 2015 | 0.4234 million USD per square kilometre | +3.8% |
| 2016 | 0.4342 million USD per square kilometre | +2.6% |
| 2017 | 0.4489 million USD per square kilometre | +3.4% |
| 2018 | 0.4683 million USD per square kilometre | +4.3% |
| 2019 | 0.4714 million USD per square kilometre | +0.7% |
| 2020 | 0.4551 million USD per square kilometre | -3.5% |
| 2021 | 0.4867 million USD per square kilometre | +6.9% |
| 2022 | 0.4955 million USD per square kilometre | +1.8% |
| 2023 | 0.5039 million USD per square kilometre | +1.7% |
Latvia compared with similar countries
- Latvia's 0.5039 million USD per square kilometre is below the median for high income countries, which is 2.85 million USD per square kilometre, 18% of the median. (73 countries reporting)
- Latvia's 0.5039 million USD per square kilometre is below the median for Europe & Central Asia, which is 1.18 million USD per square kilometre, 43% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2027 million USD per square kilometre | 0.1846 million USD per square kilometre | 0.2278 million USD per square kilometre | 8 |
| 2000s | 0.3431 million USD per square kilometre | 0.2411 million USD per square kilometre | 0.453 million USD per square kilometre | 10 |
| 2010s | 0.4164 million USD per square kilometre | 0.354 million USD per square kilometre | 0.4714 million USD per square kilometre | 10 |
| 2020s | 0.4853 million USD per square kilometre | 0.4551 million USD per square kilometre | 0.5039 million USD per square kilometre | 4 |
Countries ranked near Latvia
- 93 Albania 0.5406 million USD per square kilometre compare
- 94 Pakistan 0.5123 million USD per square kilometre compare
- 95 Jordan 0.5075 million USD per square kilometre compare
- 97 Haiti 0.4924 million USD per square kilometre compare
- 98 Palau 0.4857 million USD per square kilometre compare
- 99 New Caledonia 0.4728 million USD 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 — value us$, 2015 prices, per square kilometre in Latvia?
- Gross domestic product — value us$, 2015 prices, per square kilometre in Latvia was 0.5039 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per square kilometre recorded in Latvia?
- The highest recorded value was 0.5039 million USD per square kilometre in 2023.
- What is the lowest gross domestic product — value us$, 2015 prices, per square kilometre recorded in Latvia?
- The lowest recorded value was 0.1846 million USD per square kilometre in 1993.
- How does Latvia rank for gross domestic product — value us$, 2015 prices, per square kilometre?
- Latvia ranks 96th out of 194 countries with data for 2023.
- Is gross domestic product — value us$, 2015 prices, per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 26.1%. 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 — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices 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 — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value US$, 2015 prices 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.