Latvia GDP Annual Growth Rate: 1.2% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Latvia is estimated to be $32 Billion US dollars at the end of 2024.

The economy of Latvia has grown at an average annual growth rate of 2.9% in the last four years and is ranked the 30th largest economy in Europe, ahead of Bosnia and Herzegovina.

World Economics Rates Latvia's Offical GDP Data as Grade A

GDP Annual Growth Rate: Latvia


Source: World Bank, World Economics
0 0 0 Latvia|#FE1800|-12.5952217915856, -32.1185704640615, -4.98297984318285, 2.18991178652719, -0.944760634359724, 2.29995474603908, 9.17148470468949, 6.54999926677672, 2.81840274306848, 5.84102986488557, 6.46057364768329, 7.66548925059303, 8.42913486805492, 8.72514158012019, 11.6153165694442, 12.8250180923171, 10.414537243644, -3.38871545060184, -16.0400189151464, -3.6612590805494, 3.03634590339776, 7.30524045527754, 2.09609114087881, 2.09495959586268, 3.78336528957813, 2.55168585354701, 3.39894937779009, 4.30971088766286, 0.675375256812074, -3.46922915339618, 6.94723316214511, 1.8126824022841, 1.70679524969924, 1.164 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Latvia 2021 2022 2023 2024
GDP Annual Growth Rate (%) 6.9 1.8 1.7 1.2
GDP per Capita Annual Growth Rate (%) 7.9 2.1 1.8 1.7
Real GDP (US$ Billions, 2010) 30 31 31 32
Real GDP per Capita (US$, 2010) 16,071 16,407 16,704 16,992
Current GDP (Billions, US$) 38 38 42 43
Current GDP per Capita (US$) 20,263 20,229 22,503 22,891
Real GDP PPP (Billions, 2017) 69 72 71 72
Real GDP per Capita PPP (int$ 2017) 32,383 33,529 34,388 34,623
Data Quality Rating for Latvia See how much you can trust Latvia's GDP Data




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