Gross National Income — Value US$ per capita in Latvia
Latvia: Gross National Income — Value US$ per capita was 21,911 USD in 2023. ◆ Volatile
Gross National Income — Value US$ per capita in Latvia, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross national income — value us$ per capita in Latvia is 21,911 USD, measured in 2023. That is the highest value across all 33 years on record.
That represents a change of up 10.3% on the previous year and up 51.7% over ten years.
Over the whole period, gross national income — value us$ per capita in Latvia peaked at 21,911 USD in 2023 and was at its lowest, 1,939 USD, in 1993.
That places Latvia 63rd out of 195 countries with data for 2023, 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 Income — Value US$ per capita in Latvia, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 3,284 USD | — |
| 1992 | 2,185 USD | -33.4% |
| 1993 | 1,939 USD | -11.3% |
| 1994 | 2,024 USD | +4.4% |
| 1995 | 2,123 USD | +4.9% |
| 1996 | 2,375 USD | +11.9% |
| 1997 | 2,630 USD | +10.7% |
| 1998 | 2,913 USD | +10.8% |
| 1999 | 3,033 USD | +4.1% |
| 2000 | 3,273 USD | +7.9% |
| 2001 | 3,514 USD | +7.3% |
| 2002 | 4,009 USD | +14.1% |
| 2003 | 4,887 USD | +21.9% |
| 2004 | 5,975 USD | +22.3% |
| 2005 | 7,202 USD | +20.5% |
| 2006 | 8,966 USD | +24.5% |
| 2007 | 12,950 USD | +44.4% |
| 2008 | 15,465 USD | +19.4% |
| 2009 | 12,854 USD | -16.9% |
| 2010 | 11,305 USD | -12.0% |
| 2011 | 12,998 USD | +15.0% |
| 2012 | 13,233 USD | +1.8% |
| 2013 | 14,446 USD | +9.2% |
| 2014 | 15,201 USD | +5.2% |
| 2015 | 13,252 USD | -12.8% |
| 2016 | 13,817 USD | +4.3% |
| 2017 | 15,087 USD | +9.2% |
| 2018 | 16,964 USD | +12.4% |
| 2019 | 17,047 USD | +0.5% |
| 2020 | 17,566 USD | +3.0% |
| 2021 | 19,872 USD | +13.1% |
| 2022 | 19,857 USD | -0.1% |
| 2023 | 21,911 USD | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,501 USD | 1,939 USD | 3,284 USD | 9 |
| 2000s | 7,909 USD | 3,273 USD | 15,465 USD | 10 |
| 2010s | 14,335 USD | 11,305 USD | 17,047 USD | 10 |
| 2020s | 19,801 USD | 17,566 USD | 21,911 USD | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross value added at basic prices (GVA) (current US$), annual growth 10.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8694 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,876 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7694 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 20,244 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5567 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,649 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.99 % change on previous year (2025)
Frequently asked questions
- What is gross national income — value us$ per capita in Latvia?
- Gross national income — value us$ per capita in Latvia was 21,911 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ per capita recorded in Latvia?
- The highest recorded value was 21,911 USD in 2023.
- What is the lowest gross national income — value us$ per capita recorded in Latvia?
- The lowest recorded value was 1,939 USD in 1993.
- How does Latvia rank for gross national income — value us$ per capita?
- Latvia ranks 63rd out of 195 countries with data for 2023.
- Is gross national income — value us$ per capita rising or falling in Latvia?
- Over the last ten years it is up 51.7%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value US$ per capita. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).