Gross Domestic Product — Value US$, per square kilometre in Latvia
Latvia: Gross Domestic Product — Value US$, per square kilometre was 0.6789 million USD per square kilometre in 2023. ◆ Volatile
Gross Domestic Product — Value US$, per square kilometre in Latvia, 1992–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross domestic product — value us$, per square kilometre in Latvia is 0.6789 million USD per square kilometre, measured in 2023. That is the highest value across all 32 years on record.
That represents a change of up 11.1% on the previous year and up 44.9% over ten years.
Over the whole period, gross domestic product — value us$, per square kilometre in Latvia peaked at 0.6789 million USD per square kilometre in 2023 and was at its lowest, 0.0801 million USD per square kilometre, in 1993.
Latvia ranks 94th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, per square kilometre in Latvia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1992 | 0.0919 million USD per square kilometre | — |
| 1993 | 0.0801 million USD per square kilometre | -12.9% |
| 1994 | 0.0823 million USD per square kilometre | +2.8% |
| 1995 | 0.0842 million USD per square kilometre | +2.3% |
| 1996 | 0.0932 million USD per square kilometre | +10.7% |
| 1997 | 0.102 million USD per square kilometre | +9.5% |
| 1998 | 0.1121 million USD per square kilometre | +9.8% |
| 1999 | 0.1177 million USD per square kilometre | +5.0% |
| 2000 | 0.1247 million USD per square kilometre | +6.0% |
| 2001 | 0.1316 million USD per square kilometre | +5.5% |
| 2002 | 0.1486 million USD per square kilometre | +12.9% |
| 2003 | 0.1807 million USD per square kilometre | +21.6% |
| 2004 | 0.2222 million USD per square kilometre | +23.0% |
| 2005 | 0.262 million USD per square kilometre | +17.9% |
| 2006 | 0.3284 million USD per square kilometre | +25.3% |
| 2007 | 0.4728 million USD per square kilometre | +44.0% |
| 2008 | 0.5485 million USD per square kilometre | +16.0% |
| 2009 | 0.4129 million USD per square kilometre | -24.7% |
| 2010 | 0.3773 million USD per square kilometre | -8.6% |
| 2011 | 0.4308 million USD per square kilometre | +14.2% |
| 2012 | 0.4359 million USD per square kilometre | +1.2% |
| 2013 | 0.4684 million USD per square kilometre | +7.5% |
| 2014 | 0.4866 million USD per square kilometre | +3.9% |
| 2015 | 0.4234 million USD per square kilometre | -13.0% |
| 2016 | 0.4358 million USD per square kilometre | +2.9% |
| 2017 | 0.4723 million USD per square kilometre | +8.4% |
| 2018 | 0.5343 million USD per square kilometre | +13.1% |
| 2019 | 0.5319 million USD per square kilometre | -0.4% |
| 2020 | 0.5364 million USD per square kilometre | +0.8% |
| 2021 | 0.6136 million USD per square kilometre | +14.4% |
| 2022 | 0.6109 million USD per square kilometre | -0.4% |
| 2023 | 0.6789 million USD per square kilometre | +11.1% |
Latvia compared with similar countries
- Latvia's 0.6789 million USD per square kilometre is below the median for high income countries, which is 3.67 million USD per square kilometre, 19% of the median. (73 countries reporting)
- Latvia's 0.6789 million USD per square kilometre is below the median for Europe & Central Asia, which is 1.44 million USD per square kilometre, 47% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0954 million USD per square kilometre | 0.0801 million USD per square kilometre | 0.1177 million USD per square kilometre | 8 |
| 2000s | 0.2833 million USD per square kilometre | 0.1247 million USD per square kilometre | 0.5485 million USD per square kilometre | 10 |
| 2010s | 0.4597 million USD per square kilometre | 0.3773 million USD per square kilometre | 0.5343 million USD per square kilometre | 10 |
| 2020s | 0.61 million USD per square kilometre | 0.5364 million USD per square kilometre | 0.6789 million USD per square kilometre | 4 |
Countries ranked near Latvia
- 91 Haiti 0.7199 million USD per square kilometre compare
- 92 Sao Tome and Principe 0.7126 million USD per square kilometre compare
- 93 Tonga 0.706 million USD per square kilometre compare
- 95 North Macedonia 0.625 million USD per square kilometre compare
- 96 Palau 0.6127 million USD per square kilometre compare
- 97 Jordan 0.5723 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$, per square kilometre in Latvia?
- Gross domestic product — value us$, per square kilometre in Latvia was 0.6789 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, per square kilometre recorded in Latvia?
- The highest recorded value was 0.6789 million USD per square kilometre in 2023.
- What is the lowest gross domestic product — value us$, per square kilometre recorded in Latvia?
- The lowest recorded value was 0.0801 million USD per square kilometre in 1993.
- How does Latvia rank for gross domestic product — value us$, per square kilometre?
- Latvia ranks 94th out of 194 countries with data for 2023.
- Is gross domestic product — value us$, per square kilometre rising or falling in Latvia?
- Over the last ten years it is up 44.9%. 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 — Value US$, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value US$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value US$ 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$ 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.