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Latvia GDP per Capita: $17,562

GROSS DOMESTIC PRODUCT PER CAPITA (2015 PRICES)

Latvia GDP per Capita Forecast: 16,992 in 2024, $17,562 projected for 2025 (Constant 2015 Prices).

Looking ahead to 2030, projections suggest Latvia's GDP per Capita estimate could be $20,065.

GDP per Capita of Latvia is estimated to grow by an average compound annual growth rate of 2.7%.

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Real GDP per Capita (US$):


Source: World Bank, World Economics
Notes: 2015 Constant Prices
0 0 0 Latvia|#FE1800|7622.69843955032, 6694.19910155276, 4607.11390600301, 4464.72124061394, 4639.50576165125, 4661.66851148723, 4822.90396636409, 5317.98018252187, 5719.98922340219, 5929.26760970466, 6336.38310612599, 6833.4352857494, 7443.22938820575, 8149.00194474603, 8957.23390372866, 10106.2624634001, 11507.4646780972, 12810.0407808465, 12506.694495072, 10675.4252448647, 10500.8666389182, 11018.5153747356, 11971.0108776675, 12353.5388527084, 12731.6774205863, 13321.9753140616, 13787.3367216588, 14382.8613400359, 15120.0696016293, 15328.3861531528, 14900.7294732334, 16070.8728743971, 16406.6490572974, 16703.9018520982, 16992.3740118421 1990, 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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Key Indicators for Latvia

Comprehensive economic data including GDP, growth rates, debt levels, and population figures

Indicator Value Year See more
GDP Data Quality Rating    A 2025 View
Population Data Quality Rating    A 2025 View
Governance Rating    A 2025 View
       
GDP (PPP)
Base Year Adjusted + Informal Economy		 $85bn 2025 View
GDP (Current / Nominal Prices) $44bn 2025 View
GDP (Constant Prices / Real) $32bn 2025 View
GDP Growth Rate 2.3% 2025 View
GDP Debt to GDP Ratio 40.1% 2025 View
       
GDP per Capita (PPP)
Base Year Adjusted + Informal Economy		 $45,971 2025 View
GDP per Capita (Current / Nominal) $23,659 2025 View
GDP per Capita (Constant / Real) $17,562 2025 View
GDP per Capita Growth Rate 3.4% 2025 View
       
Population Size 1.87 million 2025 View
Fertility Rate 1.1% 2025 View
Workforce Size 0.82 million 2025 View
       
Carbon Emissions (per Capita) 3.46 tCO2e 2023 View
Methane Emissions (per Capita) 1.18 tCO2e 2023 View
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LATVIA'S ECONOMICS
LATVIA'S DEMOGRAPHY
LATVIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
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