The Gross Domestic Product (GDP) in Latvia was worth 38.87 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Latvia represents 0.03 percent of the world economy. source: World Bank
GDP in Latvia averaged 18.12 USD Billion from 1987 until 2021, reaching an all time high of 38.87 USD Billion in 2021 and a record low of 4.50 USD Billion in 1993. This page provides the latest reported value for - Latvia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP - values, historical data and charts - was last updated on December of 2022.
GDP in Latvia is expected to reach 33.50 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP is projected to trend around 33.50 USD Billion in 2023, according to our econometric models.