The Gross Domestic Product per capita in Latvia was last recorded at 17081.34 US dollars in 2022. The GDP per Capita in Latvia is equivalent to 135 percent of the world's average. GDP per Capita in Latvia averaged 11127.82 USD from 1995 until 2022, reaching an all time high of 17081.34 USD in 2022 and a record low of 4969.82 USD in 1995. source: World Bank

GDP per Capita in Latvia is expected to reach 17440.00 USD by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP per capita is projected to trend around 17911.00 USD in 2025 and 18395.00 USD in 2026, according to our econometric models.

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Latvia GDP per capita

Related Last Previous Unit Reference
GDP Growth Rate 0.40 0.00 percent Dec 2023
GDP Annual Growth Rate -0.50 -0.70 percent Dec 2023
GDP 40.93 39.44 USD Billion Dec 2022
GDP Constant Prices 7491764.00 7232996.00 EUR Thousand Sep 2023
Gross National Product 10200.00 9844.00 EUR Million Sep 2023
Gross Fixed Capital Formation 1959098.00 1689412.00 EUR Thousand Sep 2023
GDP per Capita 17081.34 16481.52 USD Dec 2022
GDP per Capita PPP 32992.38 31833.84 USD Dec 2022
Full Year GDP Growth -0.60 3.40 percent Dec 2023
GDP from Transport 510421.00 458174.00 EUR Thousand Sep 2023
GDP from Services 1021504.00 919099.00 EUR Thousand Sep 2023
GDP from Public Administration 483609.00 483626.00 EUR Thousand Sep 2023
GDP from Mining 141255.00 162738.00 EUR Thousand Sep 2023
GDP from Manufacturing 815906.00 846498.00 EUR Thousand Sep 2023
GDP from Construction 404847.00 318132.00 EUR Thousand Sep 2023
GDP from Agriculture 320233.00 287744.00 EUR Thousand Sep 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
17081.34 16481.52 17081.34 4969.82 1995 - 2022 USD Yearly
Constant 2015 USD