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Latvia · Economy

Output, growth, prices, productivity and external balance.

27 indicators · 23 with data

GDP

current US$

100th of 187 · 36th in Europe & C. Asia
GDPLatvia's gdp rose from US$5.8B in 1996 to US$48.6B in 2025.200020052010201520202025US$0US$10BUS$20BUS$30BUS$40BUS$50BUS$48.6B

Latvia's gdp rose from US$5.8B in 1996 to US$48.6B in 2025.

GDP (PPP)

current international $

108th of 190 · 37th in Europe & C. Asia
GDP (PPP)Latvia's gdp (ppp) rose from intl $14B in 1996 to intl $85.3B in 2025.200020052010201520202025intl $0intl $20Bintl $40Bintl $60Bintl $80Bintl $100Bintl $85.3B

Latvia's gdp (ppp) rose from intl $14B in 1996 to intl $85.3B in 2025.

GDP per capita

current US$

49th of 187 · 28th in Europe & C. Asia
GDP per capitaLatvia's gdp per capita rose from US$2,360 in 1996 to US$26.3k in 2025.200020052010201520202025US$0US$10kUS$20kUS$30kUS$26.3k

Latvia's gdp per capita rose from US$2,360 in 1996 to US$26.3k in 2025.

GDP per capita (PPP)

current international $

51st of 190 · 31st in Europe & C. Asia
GDP per capita (PPP)Latvia's gdp per capita (ppp) rose from intl $5,688 in 1996 to intl $46.1k in 2025.200020052010201520202025intl $0intl $10kintl $20kintl $30kintl $40kintl $50kintl $46.1k

Latvia's gdp per capita (ppp) rose from intl $5,688 in 1996 to intl $46.1k in 2025.

Real GDP

constant 2015 US$

101st of 186 · 37th in Europe & C. Asia
Real GDPLatvia's real gdp rose from US$11.9B in 1996 to US$31.2B in 2025.200020052010201520202025US$10BUS$15BUS$20BUS$25BUS$30BUS$35BUS$31.2B

Latvia's real gdp rose from US$11.9B in 1996 to US$31.2B in 2025.

Industrial production index

index (2015 = 100)

14th of 37 · 10th in Europe & C. Asia
Industrial production indexLatvia's industrial production index rose from 115.1 in 2024 to 122.4 in 2026.202420252026110115120125130122.4

Latvia's industrial production index rose from 115.1 in 2024 to 122.4 in 2026.

GDP growth

annual %

131st of 187 · 24th in Europe & C. Asia
GDP growthLatvia's gdp growth fell from 2.3 % in 1996 to 2.1 % in 2025.200020052010201520202025-20%-10%0%10%2.1 %

Latvia's gdp growth fell from 2.3 % in 1996 to 2.1 % in 2025.

GDP per capita growth

annual %

69th of 186 · 16th in Europe & C. Asia
GDP per capita growthLatvia's gdp per capita growth fell from 3.5 % in 1996 to 3.2 % in 2025.200020052010201520202025-10%0%10%3.2 %

Latvia's gdp per capita growth fell from 3.5 % in 1996 to 3.2 % in 2025.

Latest values — expand for the charts.

Latest values — expand for the charts.

  • Exchange rate
  • REER

Latest values — expand for the charts.

Latest values — expand for the charts.

Latest values — expand for the charts.

No data available (4)

These indicators exist in the registry but no source reports a value for Latvia.

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