The Gross Domestic Product per capita in Latvia was last recorded at 26437.43 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 149 percent of the world's average.

GDP per capita PPP in Latvia averaged 15943.82 USD from 1990 until 2018, reaching an all time high of 26437.43 USD in 2018 and a record low of 7796 USD in 1993. This page provides the latest reported value for - Latvia GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP per capita PPP - values, historical data and charts - was last updated on July of 2020. source: World Bank

GDP per capita PPP in Latvia is expected to reach 28500.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP per capita PPP is projected to trend around 29000.00 USD in 2021, according to our econometric models.

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Latvia GDP per capita PPP

Actual Previous Highest Lowest Dates Unit Frequency
26437.43 25029.79 26437.43 7796.00 1990 - 2018 USD Yearly
Constant 2011 International Dollars

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.90 0.10 6.50 -5.70 percent [+]
GDP Annual Growth Rate -1.50 1.00 15.10 -15.60 percent [+]
GDP 34.12 34.31 35.66 4.50 USD Billion [+]
GDP Constant Prices 5974893.00 7326935.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 6990.00 7817.00 7818.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 1378555.00 2058635.00 2422885.00 92703.00 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 169757.00 166338.00 306211.00 82079.00 EUR Thousand [+]
GDP From Construction 273389.00 493678.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 662374.00 750119.00 768025.00 362912.00 EUR Thousand [+]
GDP From Mining 223650.00 215494.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 351751.00 623143.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 735696.00 951880.00 978914.00 187991.00 EUR Thousand [+]
GDP From Transport 467213.00 548677.00 639412.00 233137.00 EUR Thousand [+]


Latvia GDP per capita PPP
The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population.