Gross value added at basic prices (GVA) (constant LCU), per capita in Latvia

Latvia: Gross value added at basic prices (GVA) (constant LCU), per capita was 15,184 constant LCU per person in 2025. ▲ Rising

Latest (2025)
15,184 constant LCU per person
Change on year
up 3.0%
World rank
157th
of 196 countries
All-time high
15,184 constant LCU per person
in 2025
All-time low
4,158 constant LCU per person
in 1995
Years of data
31
1995–2025

Gross value added at basic prices (GVA) (constant LCU), per capita in Latvia, 1995–2025

5.0k7.5k10.0k12.5k15.0k1995201020251995: 4.2k constant LCU per person1996: 4.3k constant LCU per person1997: 4.7k constant LCU per person1998: 5.1k constant LCU per person1999: 5.3k constant LCU per person2000: 5.7k constant LCU per person2001: 6.1k constant LCU per person2002: 6.7k constant LCU per person2003: 7.3k constant LCU per person2004: 8.1k constant LCU per person2005: 9.1k constant LCU per person2006: 10.3k constant LCU per person2007: 11.4k constant LCU per person2008: 11.3k constant LCU per person2009: 9.9k constant LCU per person2010: 9.7k constant LCU per person2011: 10.1k constant LCU per person2012: 11.0k constant LCU per person2013: 11.3k constant LCU per person2014: 11.6k constant LCU per person2015: 12.1k constant LCU per person2016: 12.4k constant LCU per person2017: 13.0k constant LCU per person2018: 13.6k constant LCU per person2019: 13.7k constant LCU per person2020: 13.3k constant LCU per person2021: 14.4k constant LCU per person2022: 14.7k constant LCU per person2023: 14.6k constant LCU per person2024: 14.7k constant LCU per person2025: 15.2k constant LCU per person

Source: Statizoid (derived). Measured in constant LCU per person.

Analysis

Latvia recorded 15,184 constant LCU per person for gross value added at basic prices (gva) (constant lcu), per capita in 2025. That is the highest value across all 31 years on record.

That represents a change of 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 lcu), per capita in Latvia peaked at 15,184 constant LCU per person in 2025 and was at its lowest, 4,158 constant LCU per person, in 1995.

That places Latvia 157th out of 196 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Gross value added at basic prices (GVA) (constant LCU), per capita in Latvia, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), per capita in Latvia, 1995 to 2025.
Year constant LCU per person Change
1995 4,158 constant LCU per person
1996 4,291 constant LCU per person +3.2%
1997 4,748 constant LCU per person +10.6%
1998 5,124 constant LCU per person +7.9%
1999 5,330 constant LCU per person +4.0%
2000 5,686 constant LCU per person +6.7%
2001 6,138 constant LCU per person +8.0%
2002 6,700 constant LCU per person +9.2%
2003 7,331 constant LCU per person +9.4%
2004 8,060 constant LCU per person +9.9%
2005 9,117 constant LCU per person +13.1%
2006 10,336 constant LCU per person +13.4%
2007 11,414 constant LCU per person +10.4%
2008 11,322 constant LCU per person -0.8%
2009 9,931 constant LCU per person -12.3%
2010 9,705 constant LCU per person -2.3%
2011 10,144 constant LCU per person +4.5%
2012 10,981 constant LCU per person +8.3%
2013 11,257 constant LCU per person +2.5%
2014 11,570 constant LCU per person +2.8%
2015 12,078 constant LCU per person +4.4%
2016 12,433 constant LCU per person +2.9%
2017 12,970 constant LCU per person +4.3%
2018 13,554 constant LCU per person +4.5%
2019 13,734 constant LCU per person +1.3%
2020 13,348 constant LCU per person -2.8%
2021 14,444 constant LCU per person +8.2%
2022 14,731 constant LCU per person +2.0%
2023 14,620 constant LCU per person -0.8%
2024 14,741 constant LCU per person +0.8%
2025 15,184 constant LCU per person +3.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4,730 constant LCU per person 4,158 constant LCU per person 5,330 constant LCU per person 5
2000s 8,603 constant LCU per person 5,686 constant LCU per person 11,414 constant LCU per person 10
2010s 11,843 constant LCU per person 9,705 constant LCU per person 13,734 constant LCU per person 10
2020s 14,511 constant LCU per person 13,348 constant LCU per person 15,184 constant LCU per person 6

Countries ranked near Latvia

  1. 154 Sao Tome and Principe 16,728 constant LCU per person compare
  2. 155 Georgia 16,624 constant LCU per person compare
  3. 156 Peru 15,914 constant LCU per person compare
  4. 158 Croatia 14,768 constant LCU per person compare
  5. 159 Libya 13,760 constant LCU per person compare
  6. 160 Palau 13,297 constant LCU per person compare

See the full ranking of 197 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gross value added at basic prices (gva) (constant lcu), per capita in Latvia?
Gross value added at basic prices (gva) (constant lcu), per capita in Latvia was 15,184 constant LCU per person in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant lcu), per capita recorded in Latvia?
The highest recorded value was 15,184 constant LCU per person in 2025.
What is the lowest gross value added at basic prices (gva) (constant lcu), per capita recorded in Latvia?
The lowest recorded value was 4,158 constant LCU per person in 1995.
How does Latvia rank for gross value added at basic prices (gva) (constant lcu), per capita?
Latvia ranks 157th out of 196 countries with data for 2025.
Is gross value added at basic prices (gva) (constant lcu), per capita 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 LCU), per capita. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant LCU), per capita in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-per-capita/latvia/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant LCU) 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 LCU) ÷ 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 value added at basic prices (GVA) (constant LCU), per capita
Unit
constant LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,338 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.