GDP per capita (current LCU) (UNESCO Institute) in Latvia
Latvia: GDP per capita (current LCU) (UNESCO Institute) was 21,589 current LCU in 2024. ◆ Volatile
GDP per capita in Latvia, 1990–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
In 2024, gdp per capita in Latvia stood at 21,589 current LCU. That is the highest value across all 35 years on record.
The figure is up 2.9% on the previous year and up 88.9% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 21,589 current LCU in 2024 and was at its lowest, 35.24 current LCU, in 1990.
Latvia ranks 179th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (current LCU) (UNESCO Institute) in Latvia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 35.24 current LCU | — |
| 1991 | 81.27 current LCU | +130.6% |
| 1992 | 577.49 current LCU | +610.6% |
| 1993 | 860.13 current LCU | +48.9% |
| 1994 | 1,218 current LCU | +41.6% |
| 1995 | 1,582 current LCU | +29.9% |
| 1996 | 1,849 current LCU | +16.9% |
| 1997 | 2,157 current LCU | +16.6% |
| 1998 | 2,429 current LCU | +12.6% |
| 1999 | 2,551 current LCU | +5.0% |
| 2000 | 2,829 current LCU | +10.9% |
| 2001 | 3,131 current LCU | +10.7% |
| 2002 | 3,522 current LCU | +12.5% |
| 2003 | 3,996 current LCU | +13.5% |
| 2004 | 4,697 current LCU | +17.5% |
| 2005 | 5,853 current LCU | +24.6% |
| 2006 | 7,345 current LCU | +25.5% |
| 2007 | 9,776 current LCU | +33.1% |
| 2008 | 10,725 current LCU | +9.7% |
| 2009 | 8,630 current LCU | -19.5% |
| 2010 | 8,448 current LCU | -2.1% |
| 2011 | 9,282 current LCU | +9.9% |
| 2012 | 10,374 current LCU | +11.8% |
| 2013 | 10,909 current LCU | +5.2% |
| 2014 | 11,431 current LCU | +4.8% |
| 2015 | 12,007 current LCU | +5.0% |
| 2016 | 12,502 current LCU | +4.1% |
| 2017 | 13,395 current LCU | +7.1% |
| 2018 | 14,609 current LCU | +9.1% |
| 2019 | 15,449 current LCU | +5.8% |
| 2020 | 15,378 current LCU | -0.5% |
| 2021 | 17,131 current LCU | +11.4% |
| 2022 | 19,208 current LCU | +12.1% |
| 2023 | 20,971 current LCU | +9.2% |
| 2024 | 21,589 current LCU | +2.9% |
Latvia compared with similar countries
- Latvia's 21,589 current LCU is below the median for high income countries, which is 67,855 current LCU, 32% of the median. (82 countries reporting)
- Latvia's 21,589 current LCU is below the median for Europe & Central Asia, which is 63,027 current LCU, 34% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP per capita (current LCU) (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 | +610.6% | 81.27 current LCU | 577.49 current LCU |
| 1991 | +130.6% | 35.24 current LCU | 81.27 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,334 current LCU | 35.24 current LCU | 2,551 current LCU | 10 |
| 2000s | 6,050 current LCU | 2,829 current LCU | 10,725 current LCU | 10 |
| 2010s | 11,841 current LCU | 8,448 current LCU | 15,449 current LCU | 10 |
| 2020s | 18,856 current LCU | 15,378 current LCU | 21,589 current LCU | 5 |
Countries ranked near Latvia
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)
- Population growth rate -1.03 (2100)
- Population density 14.87 (2100)
- Projected population under age 5 31,860 (2100)
- Population growth rate by level of development -1.03 (2100)
- Urbanization vs gdp, annual growth rate 0.2171 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita in Latvia?
- Gdp per capita in Latvia was 21,589 current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita recorded in Latvia?
- The highest recorded value was 21,589 current LCU in 2024.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 35.24 current LCU in 1990.
- How does Latvia rank for gdp per capita?
- Latvia ranks 179th out of 211 countries with data for 2024.
- Is gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 88.9%. 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 per capita (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release