GDP (current LCU), per capita in Latvia
Latvia: GDP (current LCU), per capita was 21,546 current LCU per person in 2024. ◆ Volatile
GDP (current LCU), per capita in Latvia, 1990–2024
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
In 2024, gdp (current lcu), per capita in Latvia stood at 21,546 current LCU per person. That is the highest value across all 35 years on record.
That represents a change of up 3.1% on the previous year and up 88.5% over ten years.
Over the whole period, gdp (current lcu), per capita in Latvia peaked at 21,546 current LCU per person in 2024 and was at its lowest, 35.24 current LCU per person, in 1990.
That places Latvia 179th out of 211 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), per capita in Latvia, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1990 | 35.24 current LCU per person | — |
| 1991 | 81.27 current LCU per person | +130.6% |
| 1992 | 577.49 current LCU per person | +610.6% |
| 1993 | 860.13 current LCU per person | +48.9% |
| 1994 | 1,218 current LCU per person | +41.6% |
| 1995 | 1,582 current LCU per person | +29.9% |
| 1996 | 1,849 current LCU per person | +16.9% |
| 1997 | 2,157 current LCU per person | +16.6% |
| 1998 | 2,429 current LCU per person | +12.6% |
| 1999 | 2,551 current LCU per person | +5.0% |
| 2000 | 2,829 current LCU per person | +10.9% |
| 2001 | 3,131 current LCU per person | +10.7% |
| 2002 | 3,522 current LCU per person | +12.5% |
| 2003 | 3,996 current LCU per person | +13.5% |
| 2004 | 4,697 current LCU per person | +17.5% |
| 2005 | 5,853 current LCU per person | +24.6% |
| 2006 | 7,345 current LCU per person | +25.5% |
| 2007 | 9,776 current LCU per person | +33.1% |
| 2008 | 10,725 current LCU per person | +9.7% |
| 2009 | 8,630 current LCU per person | -19.5% |
| 2010 | 8,448 current LCU per person | -2.1% |
| 2011 | 9,282 current LCU per person | +9.9% |
| 2012 | 10,374 current LCU per person | +11.8% |
| 2013 | 10,909 current LCU per person | +5.2% |
| 2014 | 11,431 current LCU per person | +4.8% |
| 2015 | 12,007 current LCU per person | +5.0% |
| 2016 | 12,502 current LCU per person | +4.1% |
| 2017 | 13,395 current LCU per person | +7.1% |
| 2018 | 14,609 current LCU per person | +9.1% |
| 2019 | 15,449 current LCU per person | +5.8% |
| 2020 | 15,378 current LCU per person | -0.5% |
| 2021 | 17,131 current LCU per person | +11.4% |
| 2022 | 19,208 current LCU per person | +12.1% |
| 2023 | 20,902 current LCU per person | +8.8% |
| 2024 | 21,546 current LCU per person | +3.1% |
Latvia compared with similar countries
- Latvia's 21,546 current LCU per person is below the median for high income countries, which is 67,855 current LCU per person, 32% of the median. (82 countries reporting)
- Latvia's 21,546 current LCU per person is below the median for Europe & Central Asia, which is 63,029 current LCU per person, 34% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), 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 | +610.6% | 81.27 current LCU per person | 577.49 current LCU per person |
| 1991 | +130.6% | 35.24 current LCU per person | 81.27 current LCU per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,334 current LCU per person | 35.24 current LCU per person | 2,551 current LCU per person | 10 |
| 2000s | 6,050 current LCU per person | 2,829 current LCU per person | 10,725 current LCU per person | 10 |
| 2010s | 11,841 current LCU per person | 8,448 current LCU per person | 15,449 current LCU per person | 10 |
| 2020s | 18,833 current LCU per person | 15,378 current LCU per person | 21,546 current LCU per person | 5 |
Countries ranked near Latvia
- 176 Northern Mariana Islands 23,786 current LCU per person compare
- 177 Greece 22,832 current LCU per person compare
- 178 Croatia 22,110 current LCU per person compare
- 180 Nauru 20,473 current LCU per person compare
- 181 Sierra Leone 19,727 current LCU per person compare
- 182 Panama 19,103 current LCU 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 (current lcu), per capita in Latvia?
- Gdp (current lcu), per capita in Latvia was 21,546 current LCU per person in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), per capita recorded in Latvia?
- The highest recorded value was 21,546 current LCU per person in 2024.
- What is the lowest gdp (current lcu), per capita recorded in Latvia?
- The lowest recorded value was 35.24 current LCU per person in 1990.
- How does Latvia rank for gdp (current lcu), per capita?
- Latvia ranks 179th out of 211 countries with data for 2024.
- Is gdp (current lcu), per capita rising or falling in Latvia?
- Over the last ten years it is up 88.5%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of GDP (current 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 (current 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 (current 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 (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.