GDP per capita in Latvia

Latvia: GDP per capita was 21,589 current LCU in 2024. β—† Volatile

Latest (2024)
21,589 current LCU
Change on year
up 2.9%
World rank
177th
of 208 countries
All-time high
21,589 current LCU
in 2024
All-time low
35.24 current LCU
in 1990
Years of data
35
1990–2024

GDP per capita in Latvia, 1990–2024

05.0k10.0k15.0k20.0k1990200720241990: 35.2 current LCU1991: 81.3 current LCU1992: 577.5 current LCU1993: 860.1 current LCU1994: 1.2k current LCU1995: 1.6k current LCU1996: 1.8k current LCU1997: 2.2k current LCU1998: 2.4k current LCU1999: 2.6k current LCU2000: 2.8k current LCU2001: 3.1k current LCU2002: 3.5k current LCU2003: 4.0k current LCU2004: 4.7k current LCU2005: 5.9k current LCU2006: 7.3k current LCU2007: 9.8k current LCU2008: 10.7k current LCU2009: 8.6k current LCU2010: 8.4k current LCU2011: 9.3k current LCU2012: 10.4k current LCU2013: 10.9k current LCU2014: 11.4k current LCU2015: 12.0k current LCU2016: 12.5k current LCU2017: 13.4k current LCU2018: 14.6k current LCU2019: 15.4k current LCU2020: 15.4k current LCU2021: 17.1k current LCU2022: 19.2k current LCU2023: 21.0k current LCU2024: 21.6k current LCU

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 177th 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

DecadeAverage LowestHighest 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

  1. 174 Northern Mariana Islands 23,786 current LCU compare
  2. 175 Greece 22,868 current LCU compare
  3. 176 Croatia 22,110 current LCU compare
  4. 178 Nauru 20,473 current LCU compare
  5. 179 Sierra Leone 19,727 current LCU compare
  6. 180 Panama 19,103 current LCU compare

See the full ranking of 211 places β†’

More population data for Latvia

All data for Latvia β†’

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 177th out of 208 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 Β· JSON β€” 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

GDP per capita in Latvia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-per-capita-current-lcu-2/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://population.statizoid.com/stat/gdp-per-capita-current-lcu-2/latvia/">GDP per capita in Latvia</a> β€” Statizoid

About this data

Indicator
GDP per capita (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release