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
Gross value added at basic prices (GVA) (current US$), per capita in Latvia, 1995–2025
Source: Statizoid (derived). Measured in current US$ 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$), per capita in Latvia, year by year
| Year | current US$ 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% |
Latvia compared with similar countries
- Latvia's 22,876 current US$ per person is below the median for high income countries, which is 34,455 current US$ per person, 66% of the median. (77 countries reporting)
- Latvia's 22,876 current US$ per person is below the median for Europe & Central Asia, which is 27,318 current US$ per person, 84% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.