Gross National Income — Value Standard Local Currency, per capita in Latvia

Latvia: Gross National Income — Value Standard Local Currency, per capita was 0.0203 million SLC per person in 2023. ◆ Volatile

Latest (2023)
0.0203 million SLC per person
Change on year
up 7.3%
World rank
163rd
of 194 countries
All-time high
0.0203 million SLC per person
in 2023
All-time low
0.0001 million SLC per person
in 1991
Years of data
33
1991–2023

Gross National Income — Value Standard Local Currency, per capita in Latvia, 1991–2023

00.0050.010.0150.021991200720231991: 0 million SLC per person1992: 0.001 million SLC per person1993: 0.001 million SLC per person1994: 0.001 million SLC per person1995: 0.002 million SLC per person1996: 0.002 million SLC per person1997: 0.002 million SLC per person1998: 0.002 million SLC per person1999: 0.003 million SLC per person2000: 0.003 million SLC per person2001: 0.003 million SLC per person2002: 0.004 million SLC per person2003: 0.004 million SLC per person2004: 0.005 million SLC per person2005: 0.006 million SLC per person2006: 0.007 million SLC per person2007: 0.009 million SLC per person2008: 0.011 million SLC per person2009: 0.009 million SLC per person2010: 0.009 million SLC per person2011: 0.009 million SLC per person2012: 0.01 million SLC per person2013: 0.011 million SLC per person2014: 0.011 million SLC per person2015: 0.012 million SLC per person2016: 0.012 million SLC per person2017: 0.013 million SLC per person2018: 0.014 million SLC per person2019: 0.015 million SLC per person2020: 0.015 million SLC per person2021: 0.017 million SLC per person2022: 0.019 million SLC per person2023: 0.02 million SLC per person

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

Latvia recorded 0.0203 million SLC per person for gross national income — value standard local currency, per capita in 2023. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 7.3% on the previous year and up 86.1% over ten years.

Over the whole period, gross national income — value standard local currency, per capita in Latvia peaked at 0.0203 million SLC per person in 2023 and was at its lowest, 0.0001 million SLC per person, in 1991.

That places Latvia 163rd out of 194 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value Standard Local Currency, per capita in Latvia, year by year

Annual values for Gross National Income — Value Standard Local Currency, per capita in Latvia, 1991 to 2023.
Year million SLC per person Change
1991 0.0001 million SLC per person
1992 0.0006 million SLC per person +600.7%
1993 0.0009 million SLC per person +48.6%
1994 0.0013 million SLC per person +41.4%
1995 0.0016 million SLC per person +27.3%
1996 0.0019 million SLC per person +16.8%
1997 0.0022 million SLC per person +16.8%
1998 0.0024 million SLC per person +12.5%
1999 0.0025 million SLC per person +3.3%
2000 0.0028 million SLC per person +11.9%
2001 0.0031 million SLC per person +11.2%
2002 0.0035 million SLC per person +12.3%
2003 0.004 million SLC per person +12.7%
2004 0.0046 million SLC per person +15.6%
2005 0.0058 million SLC per person +26.0%
2006 0.0072 million SLC per person +23.5%
2007 0.0095 million SLC per person +32.4%
2008 0.0106 million SLC per person +11.8%
2009 0.0092 million SLC per person -12.6%
2010 0.0085 million SLC per person -7.7%
2011 0.0093 million SLC per person +8.6%
2012 0.0103 million SLC per person +11.1%
2013 0.0109 million SLC per person +5.7%
2014 0.0114 million SLC per person +5.2%
2015 0.0119 million SLC per person +4.4%
2016 0.0125 million SLC per person +4.5%
2017 0.0134 million SLC per person +7.0%
2018 0.0144 million SLC per person +7.6%
2019 0.0152 million SLC per person +6.0%
2020 0.0154 million SLC per person +1.0%
2021 0.0168 million SLC per person +9.3%
2022 0.0189 million SLC per person +12.3%
2023 0.0203 million SLC per person +7.3%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, per capita 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.

YearChange FromTo
1992 +600.7% 0.0001 million SLC per person 0.0006 million SLC per person

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0015 million SLC per person 0.0001 million SLC per person 0.0025 million SLC per person 9
2000s 0.006 million SLC per person 0.0028 million SLC per person 0.0106 million SLC per person 10
2010s 0.0118 million SLC per person 0.0085 million SLC per person 0.0152 million SLC per person 10
2020s 0.0178 million SLC per person 0.0154 million SLC per person 0.0203 million SLC per person 4

Countries ranked near Latvia

  1. 160 Greece 0.0212 million SLC per person compare
  2. 161 Cyprus 0.0211 million SLC per person compare
  3. 162 Lesotho 0.0206 million SLC per person compare
  4. 164 Croatia 0.0202 million SLC per person compare
  5. 165 Georgia 0.0202 million SLC per person compare
  6. 166 Cuba 0.018 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gross national income — value standard local currency, per capita in Latvia?
Gross national income — value standard local currency, per capita in Latvia was 0.0203 million SLC per person in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, per capita recorded in Latvia?
The highest recorded value was 0.0203 million SLC per person in 2023.
What is the lowest gross national income — value standard local currency, per capita recorded in Latvia?
The lowest recorded value was 0.0001 million SLC per person in 1991.
How does Latvia rank for gross national income — value standard local currency, per capita?
Latvia ranks 163rd out of 194 countries with data for 2023.
Is gross national income — value standard local currency, per capita rising or falling in Latvia?
Over the last ten years it is up 86.1%. 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 Income — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, per capita in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-per-capita/latvia/

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How this figure is calculated

Gross National Income — Value Standard Local Currency 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 Income — Value Standard Local Currency ÷ Population, total

Computed from

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

Indicator
Gross National Income — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,756 data points, 1970–2023
Last refreshed

Gross National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.