Gross value added at basic prices (GVA) (current US$), per capita in Latvia

Latvia: Gross value added at basic prices (GVA) (current US$), per capita was 22,876 current US$ per person in 2025. ◆ Volatile

Latest (2025)
22,876 current US$ per person
Change on year
up 11.2%
World rank
60th
of 205 countries
All-time high
22,876 current US$ per person
in 2025
All-time low
1,997 current US$ per person
in 1995
Years of data
31
1995–2025

Gross value added at basic prices (GVA) (current US$), per capita in Latvia, 1995–2025

05.0k10.0k15.0k20.0k25.0k1995201020251995: 2.0k current US$ per person1996: 2.1k current US$ per person1997: 2.3k current US$ per person1998: 2.5k current US$ per person1999: 2.7k current US$ per person2000: 2.9k current US$ per person2001: 3.1k current US$ per person2002: 3.6k current US$ per person2003: 4.4k current US$ per person2004: 5.5k current US$ per person2005: 6.4k current US$ per person2006: 8.1k current US$ per person2007: 11.8k current US$ per person2008: 14.0k current US$ per person2009: 10.8k current US$ per person2010: 9.9k current US$ per person2011: 11.4k current US$ per person2012: 11.7k current US$ per person2013: 12.7k current US$ per person2014: 13.3k current US$ per person2015: 11.7k current US$ per person2016: 12.0k current US$ per person2017: 13.1k current US$ per person2018: 14.9k current US$ per person2019: 15.0k current US$ per person2020: 15.2k current US$ per person2021: 17.6k current US$ per person2022: 17.7k current US$ per person2023: 20.0k current US$ per person2024: 20.6k current US$ per person2025: 22.9k current US$ per person

Source: Statizoid (derived). Measured in current US$ per person.

Analysis

The most recent figure for gross value added at basic prices (gva) (current us$), per capita in Latvia is 22,876 current US$ per person, measured in 2025. That is the highest value across all 31 years on record.

The figure is up 11.2% on the previous year and up 96.3% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), per capita in Latvia peaked at 22,876 current US$ per person in 2025 and was at its lowest, 1,997 current US$ per person, in 1995.

Latvia ranks 60th of 205 countries on this measure, in the middle of the range.

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

Gross value added at basic prices (GVA) (current US$), per capita in Latvia, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), per capita in Latvia, 1995 to 2025.
Year current US$ per person Change
1995 1,997 current US$ per person
1996 2,092 current US$ per person +4.7%
1997 2,310 current US$ per person +10.5%
1998 2,545 current US$ per person +10.1%
1999 2,724 current US$ per person +7.0%
2000 2,925 current US$ per person +7.4%
2001 3,145 current US$ per person +7.5%
2002 3,597 current US$ per person +14.3%
2003 4,384 current US$ per person +21.9%
2004 5,459 current US$ per person +24.5%
2005 6,443 current US$ per person +18.0%
2006 8,098 current US$ per person +25.7%
2007 11,805 current US$ per person +45.8%
2008 14,032 current US$ per person +18.9%
2009 10,758 current US$ per person -23.3%
2010 9,924 current US$ per person -7.7%
2011 11,365 current US$ per person +14.5%
2012 11,729 current US$ per person +3.2%
2013 12,684 current US$ per person +8.1%
2014 13,293 current US$ per person +4.8%
2015 11,652 current US$ per person -12.3%
2016 12,021 current US$ per person +3.2%
2017 13,139 current US$ per person +9.3%
2018 14,883 current US$ per person +13.3%
2019 14,969 current US$ per person +0.6%
2020 15,246 current US$ per person +1.8%
2021 17,612 current US$ per person +15.5%
2022 17,662 current US$ per person +0.3%
2023 19,969 current US$ per person +13.1%
2024 20,566 current US$ per person +3.0%
2025 22,876 current US$ per person +11.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,333 current US$ per person 1,997 current US$ per person 2,724 current US$ per person 5
2000s 7,065 current US$ per person 2,925 current US$ per person 14,032 current US$ per person 10
2010s 12,566 current US$ per person 9,924 current US$ per person 14,969 current US$ per person 10
2020s 18,988 current US$ per person 15,246 current US$ per person 22,876 current US$ per person 6

Countries ranked near Latvia

  1. 57 Barbados 25,416 current US$ per person compare
  2. 58 Poland 25,018 current US$ per person compare
  3. 59 Greece 23,240 current US$ per person compare
  4. 61 Croatia 22,418 current US$ per person compare
  5. 62 Uruguay 22,300 current US$ per person compare
  6. 63 Hungary 22,200 current US$ per person compare

See the full ranking of 244 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), per capita in Latvia?
Gross value added at basic prices (gva) (current us$), per capita in Latvia was 22,876 current US$ per person in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), per capita recorded in Latvia?
The highest recorded value was 22,876 current US$ per person in 2025.
What is the lowest gross value added at basic prices (gva) (current us$), per capita recorded in Latvia?
The lowest recorded value was 1,997 current US$ per person in 1995.
How does Latvia rank for gross value added at basic prices (gva) (current us$), per capita?
Latvia ranks 60th out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current us$), per capita rising or falling in Latvia?
Over the last ten years it is up 96.3%. 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 US$), per capita. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), per capita in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-per-capita/latvia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-per-capita/latvia/">Gross value added at basic prices (GVA) (current US$), per capita in Latvia</a> — Statizoid

How this figure is calculated

Gross value added at basic prices (GVA) (current 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) (current US$) ÷ 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) (current US$), per capita
Unit
current US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

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