Gross value added at basic prices (GVA) (constant 2015 US$), per in Latvia
Latvia: Gross value added at basic prices (GVA) (constant 2015 US$), per was 14,649 constant 2015 US$ per person in 2025. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Latvia, 1995–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per in Latvia is 14,649 constant 2015 US$ per person, measured in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 25.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Latvia peaked at 14,649 constant 2015 US$ per person in 2025 and was at its lowest, 4,011 constant 2015 US$ per person, in 1995.
That places Latvia 61st out of 193 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Latvia, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1995 | 4,011 constant 2015 US$ per person | — |
| 1996 | 4,140 constant 2015 US$ per person | +3.2% |
| 1997 | 4,581 constant 2015 US$ per person | +10.6% |
| 1998 | 4,944 constant 2015 US$ per person | +7.9% |
| 1999 | 5,143 constant 2015 US$ per person | +4.0% |
| 2000 | 5,485 constant 2015 US$ per person | +6.7% |
| 2001 | 5,922 constant 2015 US$ per person | +8.0% |
| 2002 | 6,464 constant 2015 US$ per person | +9.2% |
| 2003 | 7,073 constant 2015 US$ per person | +9.4% |
| 2004 | 7,776 constant 2015 US$ per person | +9.9% |
| 2005 | 8,795 constant 2015 US$ per person | +13.1% |
| 2006 | 9,972 constant 2015 US$ per person | +13.4% |
| 2007 | 11,011 constant 2015 US$ per person | +10.4% |
| 2008 | 10,923 constant 2015 US$ per person | -0.8% |
| 2009 | 9,581 constant 2015 US$ per person | -12.3% |
| 2010 | 9,363 constant 2015 US$ per person | -2.3% |
| 2011 | 9,787 constant 2015 US$ per person | +4.5% |
| 2012 | 10,594 constant 2015 US$ per person | +8.3% |
| 2013 | 10,860 constant 2015 US$ per person | +2.5% |
| 2014 | 11,163 constant 2015 US$ per person | +2.8% |
| 2015 | 11,652 constant 2015 US$ per person | +4.4% |
| 2016 | 11,995 constant 2015 US$ per person | +2.9% |
| 2017 | 12,513 constant 2015 US$ per person | +4.3% |
| 2018 | 13,076 constant 2015 US$ per person | +4.5% |
| 2019 | 13,250 constant 2015 US$ per person | +1.3% |
| 2020 | 12,878 constant 2015 US$ per person | -2.8% |
| 2021 | 13,935 constant 2015 US$ per person | +8.2% |
| 2022 | 14,211 constant 2015 US$ per person | +2.0% |
| 2023 | 14,105 constant 2015 US$ per person | -0.8% |
| 2024 | 14,221 constant 2015 US$ per person | +0.8% |
| 2025 | 14,649 constant 2015 US$ per person | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,564 constant 2015 US$ per person | 4,011 constant 2015 US$ per person | 5,143 constant 2015 US$ per person | 5 |
| 2000s | 8,300 constant 2015 US$ per person | 5,485 constant 2015 US$ per person | 11,011 constant 2015 US$ per person | 10 |
| 2010s | 11,425 constant 2015 US$ per person | 9,363 constant 2015 US$ per person | 13,250 constant 2015 US$ per person | 10 |
| 2020s | 14,000 constant 2015 US$ per person | 12,878 constant 2015 US$ per person | 14,649 constant 2015 US$ per person | 6 |
Countries ranked near Latvia
- 58 Poland 16,460 constant 2015 US$ per person compare
- 59 Trinidad and Tobago 15,391 constant 2015 US$ per person compare
- 60 Croatia 15,169 constant 2015 US$ per person compare
- 62 Seychelles 14,511 constant 2015 US$ per person compare
- 63 Costa Rica 14,486 constant 2015 US$ per person compare
- 64 Hungary 14,174 constant 2015 US$ per person compare
More economy & growth data for Latvia
- 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 LCU), annual growth 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.5771 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 15,184 constant LCU per person (2025)
- GDP (current US$), annual growth rate 10.49 % change on previous year (2025)
- GDP (current US$), per capita 26,312 current US$ per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Latvia?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Latvia was 14,649 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Latvia?
- The highest recorded value was 14,649 constant 2015 US$ per person in 2025.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Latvia?
- The lowest recorded value was 4,011 constant 2015 US$ per person in 1995.
- How does Latvia rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Latvia ranks 61st out of 193 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Latvia?
- Over the last ten years it is up 25.7%. 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 value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.