Gross national expenditure (current US$), per capita (capita US) in Latvia
Latvia: Gross national expenditure (current US$), per capita (capita US) was 27,517 current US$ per person in 2025. ◆ Volatile
Gross national expenditure (current US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Latvia recorded 27,517 current US$ per person for gross national expenditure (current us$), per capita in 2025. That is the highest value across all 31 years on record.
The figure is up 14.9% on the previous year and up 104.1% over ten years.
Over the whole period, gross national expenditure (current us$), per capita in Latvia peaked at 27,517 current US$ per person in 2025 and was at its lowest, 2,367 current US$ per person, in 1995.
That places Latvia 50th out of 186 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), per capita (capita US) in Latvia, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1995 | 2,367 current US$ per person | — |
| 1996 | 2,579 current US$ per person | +9.0% |
| 1997 | 2,852 current US$ per person | +10.6% |
| 1998 | 3,253 current US$ per person | +14.0% |
| 1999 | 3,373 current US$ per person | +3.7% |
| 2000 | 3,546 current US$ per person | +5.1% |
| 2001 | 3,876 current US$ per person | +9.3% |
| 2002 | 4,423 current US$ per person | +14.1% |
| 2003 | 5,559 current US$ per person | +25.7% |
| 2004 | 7,086 current US$ per person | +27.5% |
| 2005 | 8,370 current US$ per person | +18.1% |
| 2006 | 11,219 current US$ per person | +34.0% |
| 2007 | 16,060 current US$ per person | +43.1% |
| 2008 | 17,763 current US$ per person | +10.6% |
| 2009 | 12,241 current US$ per person | -31.1% |
| 2010 | 11,427 current US$ per person | -6.6% |
| 2011 | 13,694 current US$ per person | +19.8% |
| 2012 | 14,069 current US$ per person | +2.7% |
| 2013 | 15,140 current US$ per person | +7.6% |
| 2014 | 15,626 current US$ per person | +3.2% |
| 2015 | 13,480 current US$ per person | -13.7% |
| 2016 | 13,766 current US$ per person | +2.1% |
| 2017 | 15,198 current US$ per person | +10.4% |
| 2018 | 17,338 current US$ per person | +14.1% |
| 2019 | 17,333 current US$ per person | -0.0% |
| 2020 | 17,312 current US$ per person | -0.1% |
| 2021 | 20,905 current US$ per person | +20.8% |
| 2022 | 21,210 current US$ per person | +1.5% |
| 2023 | 23,542 current US$ per person | +11.0% |
| 2024 | 23,952 current US$ per person | +1.7% |
| 2025 | 27,517 current US$ per person | +14.9% |
Latvia compared with similar countries
- Latvia's 27,517 current US$ per person is below the median for high income countries, which is 36,478 current US$ per person, 75% of the median. (66 countries reporting)
- Latvia's 27,517 current US$ per person is below the median for Europe & Central Asia, which is 28,423 current US$ per person, 97% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,885 current US$ per person | 2,367 current US$ per person | 3,373 current US$ per person | 5 |
| 2000s | 9,014 current US$ per person | 3,546 current US$ per person | 17,763 current US$ per person | 10 |
| 2010s | 14,707 current US$ per person | 11,427 current US$ per person | 17,338 current US$ per person | 10 |
| 2020s | 22,406 current US$ per person | 17,312 current US$ per person | 27,517 current US$ per person | 6 |
Countries ranked near Latvia
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 national expenditure (current us$), per capita in Latvia?
- Gross national expenditure (current us$), per capita in Latvia was 27,517 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per capita recorded in Latvia?
- The highest recorded value was 27,517 current US$ per person in 2025.
- What is the lowest gross national expenditure (current us$), per capita recorded in Latvia?
- The lowest recorded value was 2,367 current US$ per person in 1995.
- How does Latvia rank for gross national expenditure (current us$), per capita?
- Latvia ranks 50th out of 186 countries with data for 2025.
- Is gross national expenditure (current us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 104.1%. 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 national expenditure (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current US$) ÷ Population, total
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.