GDP at market prices (constant 2010 US$), per capita in Latvia
Latvia: GDP at market prices (constant 2010 US$), per capita was 16,918 constant 2010 US$ per person in 2024. ▲ Rising
GDP at market prices (constant 2010 US$), per capita in Latvia, 1990–2024
Source: Statizoid (derived). Measured in constant 2010 US$ per person.
Analysis
The most recent figure for gdp at market prices (constant 2010 us$), per capita in Latvia is 16,918 constant 2010 US$ per person, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 0.5% on the previous year and up 32.9% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), per capita in Latvia peaked at 16,918 constant 2010 US$ per person in 2024 and was at its lowest, 4,465 constant 2010 US$ per person, in 1993.
Latvia ranks 69th of 208 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP at market prices (constant 2010 US$), per capita in Latvia, year by year
| Year | constant 2010 US$ per person | Change |
|---|---|---|
| 1990 | 7,623 constant 2010 US$ per person | — |
| 1991 | 6,694 constant 2010 US$ per person | -12.2% |
| 1992 | 4,607 constant 2010 US$ per person | -31.2% |
| 1993 | 4,465 constant 2010 US$ per person | -3.1% |
| 1994 | 4,640 constant 2010 US$ per person | +3.9% |
| 1995 | 4,662 constant 2010 US$ per person | +0.5% |
| 1996 | 4,823 constant 2010 US$ per person | +3.5% |
| 1997 | 5,318 constant 2010 US$ per person | +10.3% |
| 1998 | 5,720 constant 2010 US$ per person | +7.6% |
| 1999 | 5,929 constant 2010 US$ per person | +3.7% |
| 2000 | 6,336 constant 2010 US$ per person | +6.9% |
| 2001 | 6,833 constant 2010 US$ per person | +7.8% |
| 2002 | 7,443 constant 2010 US$ per person | +8.9% |
| 2003 | 8,149 constant 2010 US$ per person | +9.5% |
| 2004 | 8,957 constant 2010 US$ per person | +9.9% |
| 2005 | 10,106 constant 2010 US$ per person | +12.8% |
| 2006 | 11,508 constant 2010 US$ per person | +13.9% |
| 2007 | 12,810 constant 2010 US$ per person | +11.3% |
| 2008 | 12,507 constant 2010 US$ per person | -2.4% |
| 2009 | 10,675 constant 2010 US$ per person | -14.6% |
| 2010 | 10,501 constant 2010 US$ per person | -1.6% |
| 2011 | 11,018 constant 2010 US$ per person | +4.9% |
| 2012 | 11,971 constant 2010 US$ per person | +8.6% |
| 2013 | 12,354 constant 2010 US$ per person | +3.2% |
| 2014 | 12,732 constant 2010 US$ per person | +3.1% |
| 2015 | 13,322 constant 2010 US$ per person | +4.6% |
| 2016 | 13,787 constant 2010 US$ per person | +3.5% |
| 2017 | 14,383 constant 2010 US$ per person | +4.3% |
| 2018 | 15,120 constant 2010 US$ per person | +5.1% |
| 2019 | 15,328 constant 2010 US$ per person | +1.4% |
| 2020 | 14,901 constant 2010 US$ per person | -2.8% |
| 2021 | 16,070 constant 2010 US$ per person | +7.8% |
| 2022 | 16,405 constant 2010 US$ per person | +2.1% |
| 2023 | 16,834 constant 2010 US$ per person | +2.6% |
| 2024 | 16,918 constant 2010 US$ per person | +0.5% |
Latvia compared with similar countries
- Latvia's 16,918 constant 2010 US$ per person is below the median for high income countries, which is 33,770 constant 2010 US$ per person, 50% of the median. (80 countries reporting)
- Latvia's 16,918 constant 2010 US$ per person is below the median for Europe & Central Asia, which is 20,221 constant 2010 US$ per person, 84% of the median. (54 countries reporting)
Biggest year-on-year movements
Years where GDP at market prices (constant 2010 US$), per capita in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -31.2% | 6,694 constant 2010 US$ per person | 4,607 constant 2010 US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,448 constant 2010 US$ per person | 4,465 constant 2010 US$ per person | 7,623 constant 2010 US$ per person | 10 |
| 2000s | 9,533 constant 2010 US$ per person | 6,336 constant 2010 US$ per person | 12,810 constant 2010 US$ per person | 10 |
| 2010s | 13,052 constant 2010 US$ per person | 10,501 constant 2010 US$ per person | 15,328 constant 2010 US$ per person | 10 |
| 2020s | 16,226 constant 2010 US$ per person | 14,901 constant 2010 US$ per person | 16,918 constant 2010 US$ per person | 5 |
Countries ranked near Latvia
- 66 Curacao 17,492 constant 2010 US$ per person compare
- 67 Oman 17,316 constant 2010 US$ per person compare
- 68 Panama 17,137 constant 2010 US$ per person compare
- 70 Seychelles 16,586 constant 2010 US$ per person compare
- 71 Hungary 16,525 constant 2010 US$ per person compare
- 72 Trinidad and Tobago 16,180 constant 2010 US$ per person compare
More population data for Latvia
- Population regions with projections, annual growth rate -1.02 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.55 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.02 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8064 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.481 % change on previous year (2100)
- World population growth -1.0% (2100)
- Population density 14.87 people per km² (2100)
- Number of children under 5, by world region 31,860 people (2100)
- Population growth rate, by level of development -1.0% (2100)
- Number of people living in urban and rural areas, annual growth rate -0.7629 % change on previous year (2025)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), per capita in Latvia?
- Gdp at market prices (constant 2010 us$), per capita in Latvia was 16,918 constant 2010 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), per capita recorded in Latvia?
- The highest recorded value was 16,918 constant 2010 US$ per person in 2024.
- What is the lowest gdp at market prices (constant 2010 us$), per capita recorded in Latvia?
- The lowest recorded value was 4,465 constant 2010 US$ per person in 1993.
- How does Latvia rank for gdp at market prices (constant 2010 us$), per capita?
- Latvia ranks 69th out of 208 countries with data for 2024.
- Is gdp at market prices (constant 2010 us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 32.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP at market prices (constant 2010 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP at market prices (constant 2010 US$) ÷ Population, total
Computed from
- GDP at market prices UNESCO Institute for Statistics
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP at market prices (constant 2010 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.