GDP per capita (current US$) (UNESCO Institute) in Latvia
Latvia: GDP per capita (current US$) (UNESCO Institute) was 23,368 current US$ in 2024. ◆ Volatile
Latest (2024)
23,368 current US$
Change on year
up 3.1%
World rank
66th
of 211 countries
All-time high
23,368 current US$
in 2024
All-time low
2,257 current US$
in 1995
Years of data
30
1995–2024
GDP per capita in Latvia, 1995–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
The most recent figure for gdp per capita in Latvia is 23,368 current US$, measured in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 53.9% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 23,368 current US$ in 2024 and was at its lowest, 2,257 current US$, in 1995.
That places Latvia 66th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita (current US$) (UNESCO Institute) in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 2,257 current US$ | — |
| 1996 | 2,360 current US$ | +4.6% |
| 1997 | 2,610 current US$ | +10.6% |
| 1998 | 2,894 current US$ | +10.9% |
| 1999 | 3,064 current US$ | +5.9% |
| 2000 | 3,278 current US$ | +7.0% |
| 2001 | 3,505 current US$ | +6.9% |
| 2002 | 4,004 current US$ | +14.2% |
| 2003 | 4,915 current US$ | +22.8% |
| 2004 | 6,110 current US$ | +24.3% |
| 2005 | 7,284 current US$ | +19.2% |
| 2006 | 9,212 current US$ | +26.5% |
| 2007 | 13,371 current US$ | +45.2% |
| 2008 | 15,678 current US$ | +17.3% |
| 2009 | 11,996 current US$ | -23.5% |
| 2010 | 11,188 current US$ | -6.7% |
| 2011 | 12,903 current US$ | +15.3% |
| 2012 | 13,329 current US$ | +3.3% |
| 2013 | 14,484 current US$ | +8.7% |
| 2014 | 15,186 current US$ | +4.8% |
| 2015 | 13,322 current US$ | -12.3% |
| 2016 | 13,838 current US$ | +3.9% |
| 2017 | 15,132 current US$ | +9.4% |
| 2018 | 17,252 current US$ | +14.0% |
| 2019 | 17,295 current US$ | +0.2% |
| 2020 | 17,564 current US$ | +1.6% |
| 2021 | 20,262 current US$ | +15.4% |
| 2022 | 20,227 current US$ | -0.2% |
| 2023 | 22,676 current US$ | +12.1% |
| 2024 | 23,368 current US$ | +3.1% |
Latvia compared with similar countries
- Latvia's 23,368 current US$ is below the median for high income countries, which is 38,080 current US$, 61% of the median. (82 countries reporting)
- Latvia's 23,368 current US$ is below the median for Europe & Central Asia, which is 29,386 current US$, 80% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,637 current US$ | 2,257 current US$ | 3,064 current US$ | 5 |
| 2000s | 7,935 current US$ | 3,278 current US$ | 15,678 current US$ | 10 |
| 2010s | 14,393 current US$ | 11,188 current US$ | 17,295 current US$ | 10 |
| 2020s | 20,819 current US$ | 17,564 current US$ | 23,368 current US$ | 5 |
Countries ranked near Latvia
- 63 Uruguay 23,906 current US$ compare
- 64 Northern Mariana Islands 23,786 current US$ compare
- 65 Antigua and Barbuda 23,726 current US$ compare
- 67 Hungary 23,311 current US$ compare
- 68 French Polynesia 22,774 current US$ compare
- 69 Saint Kitts and Nevis 22,771 current US$ 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)
- 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 23,368 current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita recorded in Latvia?
- The highest recorded value was 23,368 current US$ in 2024.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 2,257 current US$ in 1995.
- How does Latvia rank for gdp per capita?
- Latvia ranks 66th 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 53.9%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release