The Gross Domestic Product per capita in Latvia was last recorded at 16405.70 US dollars in 2018. The GDP per Capita in Latvia is equivalent to 130 percent of the world's average. GDP per capita in Latvia averaged 10463.22 USD from 1994 until 2018, reaching an all time high of 16405.70 USD in 2018 and a record low of 5140.53 USD in 1995.

GDP per capita in Latvia is expected to be 16950.00 USD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP per capita is projected to trend around 19300.00 USD in 2020, according to our econometric models.

Latvia GDP per capita
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Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 -0.10 6.40 -6.10 percent [+]
GDP Annual Growth Rate 2.10 3.00 13.90 -16.20 percent [+]
GDP 34.85 30.46 35.60 4.50 USD Billion [+]
GDP Constant Prices 5380515.00 6434145.00 6434145.00 2207929.00 EUR Thousand [+]
Gross National Product 7073.00 7961.00 7961.00 945.00 EUR Million [+]
Gross Fixed Capital Formation 1302986.00 2099775.00 2402613.00 95826.00 EUR Thousand [+]
GDP per capita 16405.70 15532.20 16405.70 5140.53 USD [+]
GDP per capita PPP 26437.43 25029.79 26437.43 7796.00 USD [+]
GDP From Agriculture 163881.00 165923.00 287649.00 75089.00 EUR Thousand [+]
GDP From Construction 231614.00 471337.00 631870.00 92342.00 EUR Thousand [+]
GDP From Manufacturing 602035.00 702591.00 711150.00 333666.00 EUR Thousand [+]
GDP From Mining 215398.00 205889.00 253926.00 96547.00 EUR Thousand [+]
GDP From Public Administration 265080.00 475098.00 559872.00 182541.00 EUR Thousand [+]
GDP From Services 729173.00 879201.00 913275.00 181772.00 EUR Thousand [+]
GDP From Transport 569936.00 592774.00 641059.00 228683.00 EUR Thousand [+]


Latvia GDP per capita

The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Latvia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP per capita - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
16405.70 15532.20 16405.70 5140.53 1994 - 2018 USD Yearly
Constant 2010 USD




Country Last Previous
Switzerland 78816.20 Dec/18
Singapore 58247.90 Dec/18
Australia 56919.40 Dec/18
Netherlands 55041.10 Dec/18
United States 54541.70 Dec/18
Canada 51357.80 Dec/18
Japan 48919.60 Dec/18
Germany 47501.80 Dec/18
France 43663.60 Dec/18
United Kingdom 42986.00 Dec/18
Euro Area 40978.90 Dec/18
Italy 35391.70 Dec/18
Spain 33146.40 Dec/18
South Korea 26761.90 Dec/18
Saudi Arabia 20775.20 Dec/18
Turkey 15026.70 Dec/18
Russia 11729.10 Dec/18
Brazil 11026.24 Dec/18
Mexico 10385.30 Dec/18
Argentina 10040.13 Dec/18
China 7755.00 Dec/18
South Africa 7432.90 Dec/18
Indonesia 4284.70 Dec/18
India 2104.20 Dec/18


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