GDP in Latvia
Latvia: GDP was 40.21 billion current LCU in 2024. β Volatile
GDP in Latvia, 1990β2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
The most recent figure for gdp in Latvia is 40.21 billion current LCU, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 2.1% on the previous year and up 76.4% over ten years.
Over the whole period, gdp in Latvia peaked at 40.21 billion current LCU in 2024 and was at its lowest, 93.86 million current LCU, in 1990.
Latvia ranks 159th of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.28 billion current LCU | 93.86 million current LCU | 6.10 billion current LCU | 10 |
| 2000s | 13.47 billion current LCU | 6.70 billion current LCU | 23.35 billion current LCU | 10 |
| 2010s | 23.47 billion current LCU | 17.72 billion current LCU | 29.57 billion current LCU | 10 |
| 2020s | 35.44 billion current LCU | 29.22 billion current LCU | 40.21 billion current LCU | 5 |
Countries ranked near Latvia
More population data for Latvia
- 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)
- Fertility and wanted fertility 1.24 (2024)
- Refugee population by country or territory of asylum 49,220 (2024)
- Fertility vs unmet contraception 1.24 (2024)
- Fertility vs contraception 1.24 (2024)
- Natural population growth -0.71 (2023)
- Fertility rate with projections 1.34 (2023)
Frequently asked questions
- What is gdp in Latvia?
- Gdp in Latvia was 40.21 billion current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Latvia?
- The highest recorded value was 40.21 billion current LCU in 2024.
- What is the lowest gdp recorded in Latvia?
- The lowest recorded value was 93.86 million current LCU in 1990.
- How does Latvia rank for gdp?
- Latvia ranks 159th out of 208 countries with data for 2024.
- Is gdp rising or falling in Latvia?
- Over the last ten years it is up 76.4%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release