GDP (current US$), per capita in Latvia
Latvia: GDP (current US$), per capita was 23,322 current US$ per person in 2024. ◆ Volatile
GDP (current US$), per capita in Latvia, 1995–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
The most recent figure for gdp (current us$), per capita in Latvia is 23,322 current US$ per person, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 53.6% over ten years.
Over the whole period, gdp (current us$), per capita in Latvia peaked at 23,322 current US$ per person in 2024 and was at its lowest, 2,257 current US$ per person, in 1995.
That places Latvia 66th out of 211 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.
GDP (current US$), per capita in Latvia, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1995 | 2,257 current US$ per person | — |
| 1996 | 2,360 current US$ per person | +4.6% |
| 1997 | 2,610 current US$ per person | +10.6% |
| 1998 | 2,894 current US$ per person | +10.9% |
| 1999 | 3,064 current US$ per person | +5.9% |
| 2000 | 3,278 current US$ per person | +7.0% |
| 2001 | 3,505 current US$ per person | +6.9% |
| 2002 | 4,004 current US$ per person | +14.2% |
| 2003 | 4,915 current US$ per person | +22.8% |
| 2004 | 6,110 current US$ per person | +24.3% |
| 2005 | 7,284 current US$ per person | +19.2% |
| 2006 | 9,212 current US$ per person | +26.5% |
| 2007 | 13,371 current US$ per person | +45.2% |
| 2008 | 15,678 current US$ per person | +17.3% |
| 2009 | 11,996 current US$ per person | -23.5% |
| 2010 | 11,188 current US$ per person | -6.7% |
| 2011 | 12,902 current US$ per person | +15.3% |
| 2012 | 13,329 current US$ per person | +3.3% |
| 2013 | 14,484 current US$ per person | +8.7% |
| 2014 | 15,186 current US$ per person | +4.8% |
| 2015 | 13,322 current US$ per person | -12.3% |
| 2016 | 13,838 current US$ per person | +3.9% |
| 2017 | 15,132 current US$ per person | +9.4% |
| 2018 | 17,252 current US$ per person | +14.0% |
| 2019 | 17,295 current US$ per person | +0.2% |
| 2020 | 17,564 current US$ per person | +1.6% |
| 2021 | 20,262 current US$ per person | +15.4% |
| 2022 | 20,227 current US$ per person | -0.2% |
| 2023 | 22,600 current US$ per person | +11.7% |
| 2024 | 23,322 current US$ per person | +3.2% |
Latvia compared with similar countries
- Latvia's 23,322 current US$ per person is below the median for high income countries, which is 36,873 current US$ per person, 63% of the median. (82 countries reporting)
- Latvia's 23,322 current US$ per person is below the median for Europe & Central Asia, which is 28,863 current US$ per person, 81% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,637 current US$ per person | 2,257 current US$ per person | 3,064 current US$ per person | 5 |
| 2000s | 7,935 current US$ per person | 3,278 current US$ per person | 15,678 current US$ per person | 10 |
| 2010s | 14,393 current US$ per person | 11,188 current US$ per person | 17,295 current US$ per person | 10 |
| 2020s | 20,795 current US$ per person | 17,564 current US$ per person | 23,322 current US$ per person | 5 |
Countries ranked near Latvia
- 63 Uruguay 23,906 current US$ per person compare
- 64 Northern Mariana Islands 23,786 current US$ per person compare
- 65 Antigua and Barbuda 23,726 current US$ per person compare
- 67 Hungary 23,311 current US$ per person compare
- 68 French Polynesia 22,774 current US$ per person compare
- 69 Saint Kitts and Nevis 22,771 current 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 (current us$), per capita in Latvia?
- Gdp (current us$), per capita in Latvia was 23,322 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), per capita recorded in Latvia?
- The highest recorded value was 23,322 current US$ per person in 2024.
- What is the lowest gdp (current us$), per capita recorded in Latvia?
- The lowest recorded value was 2,257 current US$ per person in 1995.
- How does Latvia rank for gdp (current us$), per capita?
- Latvia ranks 66th out of 211 countries with data for 2024.
- Is gdp (current us$), per capita rising or falling in Latvia?
- Over the last ten years it is up 53.6%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current US$) ÷ Population, total
Computed from
- GDP UNESCO Institute for Statistics
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.