Gross value added at basic prices (GVA) (current LCU), per capita in Latvia
Latvia: Gross value added at basic prices (GVA) (current LCU), per capita was 20,244 current LCU per person in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
Latvia recorded 20,244 current LCU per person for gross value added at basic prices (gva) (current lcu), per capita in 2025. That is the highest value across all 31 years on record.
That represents a change of up 6.5% on the previous year and up 92.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per capita in Latvia peaked at 20,244 current LCU per person in 2025 and was at its lowest, 1,400 current LCU per person, in 1995.
That places Latvia 172nd out of 205 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), per capita in Latvia, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1995 | 1,400 current LCU per person | — |
| 1996 | 1,639 current LCU per person | +17.1% |
| 1997 | 1,910 current LCU per person | +16.5% |
| 1998 | 2,136 current LCU per person | +11.8% |
| 1999 | 2,268 current LCU per person | +6.2% |
| 2000 | 2,524 current LCU per person | +11.3% |
| 2001 | 2,810 current LCU per person | +11.3% |
| 2002 | 3,164 current LCU per person | +12.6% |
| 2003 | 3,564 current LCU per person | +12.7% |
| 2004 | 4,197 current LCU per person | +17.7% |
| 2005 | 5,177 current LCU per person | +23.4% |
| 2006 | 6,457 current LCU per person | +24.7% |
| 2007 | 8,631 current LCU per person | +33.7% |
| 2008 | 9,600 current LCU per person | +11.2% |
| 2009 | 7,739 current LCU per person | -19.4% |
| 2010 | 7,493 current LCU per person | -3.2% |
| 2011 | 8,176 current LCU per person | +9.1% |
| 2012 | 9,128 current LCU per person | +11.7% |
| 2013 | 9,553 current LCU per person | +4.7% |
| 2014 | 10,006 current LCU per person | +4.7% |
| 2015 | 10,502 current LCU per person | +5.0% |
| 2016 | 10,860 current LCU per person | +3.4% |
| 2017 | 11,631 current LCU per person | +7.1% |
| 2018 | 12,603 current LCU per person | +8.4% |
| 2019 | 13,371 current LCU per person | +6.1% |
| 2020 | 13,348 current LCU per person | -0.2% |
| 2021 | 14,891 current LCU per person | +11.6% |
| 2022 | 16,772 current LCU per person | +12.6% |
| 2023 | 18,468 current LCU per person | +10.1% |
| 2024 | 19,001 current LCU per person | +2.9% |
| 2025 | 20,244 current LCU per person | +6.5% |
Latvia compared with similar countries
- Latvia's 20,244 current LCU per person is below the median for high income countries, which is 72,208 current LCU per person, 28% of the median. (77 countries reporting)
- Latvia's 20,244 current LCU per person is below the median for Europe & Central Asia, which is 54,928 current LCU per person, 37% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,870 current LCU per person | 1,400 current LCU per person | 2,268 current LCU per person | 5 |
| 2000s | 5,386 current LCU per person | 2,524 current LCU per person | 9,600 current LCU per person | 10 |
| 2010s | 10,332 current LCU per person | 7,493 current LCU per person | 13,371 current LCU per person | 10 |
| 2020s | 17,121 current LCU per person | 13,348 current LCU per person | 20,244 current LCU per person | 6 |
Countries ranked near Latvia
- 169 Georgia 23,314 current LCU per person compare
- 170 Slovakia 22,609 current LCU per person compare
- 171 Greece 20,566 current LCU per person compare
- 173 Croatia 19,839 current LCU per person compare
- 174 Panama 19,303 current LCU per person compare
- 175 Sierra Leone 18,569 current LCU per person compare
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 value added at basic prices (gva) (current lcu), per capita in Latvia?
- Gross value added at basic prices (gva) (current lcu), per capita in Latvia was 20,244 current LCU per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per capita recorded in Latvia?
- The highest recorded value was 20,244 current LCU per person in 2025.
- What is the lowest gross value added at basic prices (gva) (current lcu), per capita recorded in Latvia?
- The lowest recorded value was 1,400 current LCU per person in 1995.
- How does Latvia rank for gross value added at basic prices (gva) (current lcu), per capita?
- Latvia ranks 172nd out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), per capita rising or falling in Latvia?
- Over the last ten years it is up 92.8%. 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 value added at basic prices (GVA) (current LCU), 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) (current 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) (current LCU) ÷ 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) (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.