Total gdp vs gdp per capita maddison in Latvia
Latvia: Total gdp vs gdp per capita maddison was 51.25 billion in 2022. ▲ Rising
Latest (2022)
51.25 billion
Change on year
up 2.0%
World rank
109th
of 166 countries
All-time high
51.25 billion
in 2022
All-time low
21.60 billion
in 1995
Years of data
44
1973–2022
Total gdp vs gdp per capita maddison in Latvia, 1973–2022
Source: Our World in Data.
Analysis
The most recent figure for total gdp vs gdp per capita maddison in Latvia is 51.25 billion, measured in 2022. That is the highest value across all 44 years on record.
That represents a change of up 2.0% on the previous year and up 26.4% over ten years.
Over the whole period, total gdp vs gdp per capita maddison in Latvia peaked at 51.25 billion in 2022 and was at its lowest, 21.60 billion, in 1995.
That places Latvia 109th out of 166 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Total gdp vs gdp per capita maddison in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 30.28 billion | — |
| 1980 | 34.68 billion | +14.5% |
| 1981 | 35.44 billion | +2.2% |
| 1982 | 36.22 billion | +2.2% |
| 1983 | 36.94 billion | +2.0% |
| 1984 | 38.00 billion | +2.9% |
| 1985 | 37.20 billion | -2.1% |
| 1986 | 38.19 billion | +2.7% |
| 1987 | 38.04 billion | -0.4% |
| 1988 | 39.63 billion | +4.2% |
| 1989 | 41.77 billion | +5.4% |
| 1990 | 42.10 billion | +0.8% |
| 1991 | 36.52 billion | -13.3% |
| 1992 | 24.59 billion | -32.7% |
| 1993 | 21.61 billion | -12.1% |
| 1994 | 21.91 billion | +1.4% |
| 1995 | 21.60 billion | -1.4% |
| 1996 | 21.94 billion | +1.6% |
| 1997 | 23.73 billion | +8.2% |
| 1998 | 25.09 billion | +5.7% |
| 1999 | 25.55 billion | +1.8% |
| 2000 | 26.73 billion | +4.6% |
| 2001 | 28.24 billion | +5.7% |
| 2002 | 30.01 billion | +6.3% |
| 2003 | 32.30 billion | +7.6% |
| 2004 | 34.72 billion | +7.5% |
| 2005 | 38.14 billion | +9.9% |
| 2006 | 42.36 billion | +11.1% |
| 2007 | 46.23 billion | +9.1% |
| 2008 | 44.22 billion | -4.4% |
| 2009 | 37.59 billion | -15.0% |
| 2010 | 35.88 billion | -4.5% |
| 2011 | 37.87 billion | +5.5% |
| 2012 | 40.54 billion | +7.0% |
| 2013 | 41.35 billion | +2.0% |
| 2014 | 42.14 billion | +1.9% |
| 2015 | 43.77 billion | +3.9% |
| 2016 | 44.81 billion | +2.4% |
| 2017 | 46.30 billion | +3.3% |
| 2018 | 48.14 billion | +4.0% |
| 2019 | 49.38 billion | +2.6% |
| 2020 | 48.29 billion | -2.2% |
| 2021 | 50.26 billion | +4.1% |
| 2022 | 51.25 billion | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.28 billion | 30.28 billion | 30.28 billion | 1 |
| 1980s | 37.61 billion | 34.68 billion | 41.77 billion | 10 |
| 1990s | 26.46 billion | 21.60 billion | 42.10 billion | 10 |
| 2000s | 36.05 billion | 26.73 billion | 46.23 billion | 10 |
| 2010s | 43.02 billion | 35.88 billion | 49.38 billion | 10 |
| 2020s | 49.93 billion | 48.29 billion | 51.25 billion | 3 |
Countries ranked near Latvia
- 106 Afghanistan 53.30 billion compare
- 107 Syrian Arab Republic 52.35 billion compare
- 108 Senegal 51.91 billion compare
- 110 Tajikistan 50.54 billion compare
- 111 Honduras 49.74 billion compare
- 112 Lebanon 48.74 billion compare
More economy & growth data for Latvia
- Net primary income (Net income from abroad) (current LCU), annual 8.43 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 12.94 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1306 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,437 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 8.19 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1156 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 3,041 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
Frequently asked questions
- What is total gdp vs gdp per capita maddison in Latvia?
- Total gdp vs gdp per capita maddison in Latvia was 51.25 billion in 2022, according to Our World in Data.
- What is the highest total gdp vs gdp per capita maddison recorded in Latvia?
- The highest recorded value was 51.25 billion in 2022.
- What is the lowest total gdp vs gdp per capita maddison recorded in Latvia?
- The lowest recorded value was 21.60 billion in 1995.
- How does Latvia rank for total gdp vs gdp per capita maddison?
- Latvia ranks 109th out of 166 countries with data for 2022.
- Is total gdp vs gdp per capita maddison rising or falling in Latvia?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Total gdp vs gdp per capita maddison. Statizoid updates them automatically from the source API.
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