GDP in Latvia
Latvia: GDP was 43.52 billion current US$ in 2024. β Volatile
GDP in Latvia, 1995β2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
Latvia recorded 43.52 billion current US$ for gdp in 2024. That is the highest value across all 30 years on record.
That represents a change of up 2.2% on the previous year and up 43.7% over ten years.
Over the whole period, gdp in Latvia peaked at 43.52 billion current US$ in 2024 and was at its lowest, 5.61 billion current US$, in 1995.
That places Latvia 101st out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.41 billion current US$ | 5.61 billion current US$ | 7.32 billion current US$ | 5 |
| 2000s | 17.63 billion current US$ | 7.76 billion current US$ | 34.14 billion current US$ | 10 |
| 2010s | 28.58 billion current US$ | 23.47 billion current US$ | 33.25 billion current US$ | 10 |
| 2020s | 39.13 billion current US$ | 33.38 billion current US$ | 43.52 billion current US$ | 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 43.52 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Latvia?
- The highest recorded value was 43.52 billion current US$ in 2024.
- What is the lowest gdp recorded in Latvia?
- The lowest recorded value was 5.61 billion current US$ in 1995.
- How does Latvia rank for gdp?
- Latvia ranks 101st out of 208 countries with data for 2024.
- Is gdp rising or falling in Latvia?
- Over the last ten years it is up 43.7%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 30 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release