GDP (constant LCU), per capita (UNESCO Institute) in Latvia
Latvia: GDP (constant LCU), per capita (UNESCO Institute) was 17,459 constant LCU per person in 2024. ▲ Rising
GDP (constant LCU), per capita in Latvia, 1990–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
In 2024, gdp (constant lcu), per capita in Latvia stood at 17,459 constant LCU per person. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 0.5% on the previous year and up 32.9% over ten years.
Over the whole period, gdp (constant lcu), per capita in Latvia peaked at 17,459 constant LCU per person in 2024 and was at its lowest, 4,608 constant LCU per person, in 1993.
Latvia ranks 167th of 212 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP (constant LCU), per capita (UNESCO Institute) in Latvia, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 1990 | 7,867 constant LCU per person | — |
| 1991 | 6,908 constant LCU per person | -12.2% |
| 1992 | 4,755 constant LCU per person | -31.2% |
| 1993 | 4,608 constant LCU per person | -3.1% |
| 1994 | 4,788 constant LCU per person | +3.9% |
| 1995 | 4,811 constant LCU per person | +0.5% |
| 1996 | 4,977 constant LCU per person | +3.5% |
| 1997 | 5,488 constant LCU per person | +10.3% |
| 1998 | 5,903 constant LCU per person | +7.6% |
| 1999 | 6,119 constant LCU per person | +3.7% |
| 2000 | 6,539 constant LCU per person | +6.9% |
| 2001 | 7,052 constant LCU per person | +7.8% |
| 2002 | 7,681 constant LCU per person | +8.9% |
| 2003 | 8,410 constant LCU per person | +9.5% |
| 2004 | 9,244 constant LCU per person | +9.9% |
| 2005 | 10,430 constant LCU per person | +12.8% |
| 2006 | 11,876 constant LCU per person | +13.9% |
| 2007 | 13,220 constant LCU per person | +11.3% |
| 2008 | 12,907 constant LCU per person | -2.4% |
| 2009 | 11,017 constant LCU per person | -14.6% |
| 2010 | 10,837 constant LCU per person | -1.6% |
| 2011 | 11,371 constant LCU per person | +4.9% |
| 2012 | 12,354 constant LCU per person | +8.6% |
| 2013 | 12,749 constant LCU per person | +3.2% |
| 2014 | 13,139 constant LCU per person | +3.1% |
| 2015 | 13,748 constant LCU per person | +4.6% |
| 2016 | 14,228 constant LCU per person | +3.5% |
| 2017 | 14,843 constant LCU per person | +4.3% |
| 2018 | 15,604 constant LCU per person | +5.1% |
| 2019 | 15,819 constant LCU per person | +1.4% |
| 2020 | 15,378 constant LCU per person | -2.8% |
| 2021 | 16,584 constant LCU per person | +7.8% |
| 2022 | 16,930 constant LCU per person | +2.1% |
| 2023 | 17,373 constant LCU per person | +2.6% |
| 2024 | 17,459 constant LCU per person | +0.5% |
Latvia compared with similar countries
- Latvia's 17,459 constant LCU per person is below the median for high income countries, which is 50,506 constant LCU per person, 35% of the median. (83 countries reporting)
- Latvia's 17,459 constant LCU per person is below the median for Europe & Central Asia, which is 44,270 constant LCU per person, 39% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), per capita (UNESCO Institute) 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% | 6,908 constant LCU per person | 4,755 constant LCU per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,622 constant LCU per person | 4,608 constant LCU per person | 7,867 constant LCU per person | 10 |
| 2000s | 9,838 constant LCU per person | 6,539 constant LCU per person | 13,220 constant LCU per person | 10 |
| 2010s | 13,469 constant LCU per person | 10,837 constant LCU per person | 15,819 constant LCU per person | 10 |
| 2020s | 16,745 constant LCU per person | 15,378 constant LCU per person | 17,459 constant LCU per person | 5 |
Countries ranked near Latvia
- 164 Sao Tome and Principe 17,879 constant LCU per person compare
- 165 Georgia 17,706 constant LCU per person compare
- 166 Northern Mariana Islands 17,644 constant LCU per person compare
- 168 Croatia 17,364 constant LCU per person compare
- 169 Peru 17,061 constant LCU per person compare
- 170 Saint Martin (French Part) 17,045 constant LCU per person compare
More population data for Latvia
- Un population 2024 vs 2022, annual growth rate -0.8064 % change on previous year (2100)
- Population long run 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 regions with projections, annual growth rate -1.02 % change on previous year (2100)
- Population growth rate by level of development -1.03 (2100)
- Projected population under age 5 31,860 (2100)
- Population density 14.87 (2100)
- Population growth rate -1.03 (2100)
- Projected population under age 5, annual growth rate -0.481 % change on previous year (2100)
- Refugee population by country or territory of asylum 32,454 (2025)
Frequently asked questions
- What is gdp (constant lcu), per capita in Latvia?
- Gdp (constant lcu), per capita in Latvia was 17,459 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per capita recorded in Latvia?
- The highest recorded value was 17,459 constant LCU per person in 2024.
- What is the lowest gdp (constant lcu), per capita recorded in Latvia?
- The lowest recorded value was 4,608 constant LCU per person in 1993.
- How does Latvia rank for gdp (constant lcu), per capita?
- Latvia ranks 167th out of 212 countries with data for 2024.
- Is gdp (constant lcu), 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 (constant LCU), 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 (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ Population, total
Computed from
- GDP 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 (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.