GDP per capita, PPP (constant 2011 international $) in Latvia
Latvia: GDP per capita, PPP (constant 2011 international $) was 38,936 constant 2011 international $ in 2024. ▲ Rising
Latest (2024)
38,936 constant 2011 international $
Change on year
up 0.4%
World rank
57th
of 198 countries
All-time high
38,936 constant 2011 international $
in 2024
All-time low
10,255 constant 2011 international $
in 1993
Years of data
35
1990–2024
GDP per capita, PPP in Latvia, 1990–2024
Source: UNESCO Institute for Statistics. Measured in constant 2011 international $.
Analysis
In 2024, gdp per capita, ppp in Latvia stood at 38,936 constant 2011 international $. That is the highest value across all 35 years on record.
The figure is up 0.4% on the previous year and up 33.1% over ten years.
Over the whole period, gdp per capita, ppp in Latvia peaked at 38,936 constant 2011 international $ in 2024 and was at its lowest, 10,255 constant 2011 international $, in 1993.
Latvia ranks 57th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GDP per capita, PPP (constant 2011 international $) in Latvia, year by year
| Year | constant 2011 international $ | Change |
|---|---|---|
| 1990 | 17,509 constant 2011 international $ | — |
| 1991 | 15,376 constant 2011 international $ | -12.2% |
| 1992 | 10,582 constant 2011 international $ | -31.2% |
| 1993 | 10,255 constant 2011 international $ | -3.1% |
| 1994 | 10,657 constant 2011 international $ | +3.9% |
| 1995 | 10,708 constant 2011 international $ | +0.5% |
| 1996 | 11,078 constant 2011 international $ | +3.5% |
| 1997 | 12,215 constant 2011 international $ | +10.3% |
| 1998 | 13,138 constant 2011 international $ | +7.6% |
| 1999 | 13,619 constant 2011 international $ | +3.7% |
| 2000 | 14,554 constant 2011 international $ | +6.9% |
| 2001 | 15,696 constant 2011 international $ | +7.8% |
| 2002 | 17,097 constant 2011 international $ | +8.9% |
| 2003 | 18,718 constant 2011 international $ | +9.5% |
| 2004 | 20,574 constant 2011 international $ | +9.9% |
| 2005 | 23,213 constant 2011 international $ | +12.8% |
| 2006 | 26,432 constant 2011 international $ | +13.9% |
| 2007 | 29,424 constant 2011 international $ | +11.3% |
| 2008 | 28,727 constant 2011 international $ | -2.4% |
| 2009 | 24,521 constant 2011 international $ | -14.6% |
| 2010 | 24,120 constant 2011 international $ | -1.6% |
| 2011 | 25,309 constant 2011 international $ | +4.9% |
| 2012 | 27,496 constant 2011 international $ | +8.6% |
| 2013 | 28,375 constant 2011 international $ | +3.2% |
| 2014 | 29,244 constant 2011 international $ | +3.1% |
| 2015 | 30,600 constant 2011 international $ | +4.6% |
| 2016 | 31,668 constant 2011 international $ | +3.5% |
| 2017 | 33,036 constant 2011 international $ | +4.3% |
| 2018 | 34,730 constant 2011 international $ | +5.1% |
| 2019 | 35,208 constant 2011 international $ | +1.4% |
| 2020 | 34,226 constant 2011 international $ | -2.8% |
| 2021 | 36,912 constant 2011 international $ | +7.8% |
| 2022 | 37,681 constant 2011 international $ | +2.1% |
| 2023 | 38,797 constant 2011 international $ | +3.0% |
| 2024 | 38,936 constant 2011 international $ | +0.4% |
Latvia compared with similar countries
- Latvia's 38,936 constant 2011 international $ is below the median for high income countries, which is 48,434 constant 2011 international $, 80% of the median. (74 countries reporting)
- Latvia's 38,936 constant 2011 international $ is below the median for Europe & Central Asia, which is 42,259 constant 2011 international $, 92% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where GDP per capita, PPP (constant 2011 international $) 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 | -31.2% | 15,376 constant 2011 international $ | 10,582 constant 2011 international $ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12,514 constant 2011 international $ | 10,255 constant 2011 international $ | 17,509 constant 2011 international $ | 10 |
| 2000s | 21,896 constant 2011 international $ | 14,554 constant 2011 international $ | 29,424 constant 2011 international $ | 10 |
| 2010s | 29,979 constant 2011 international $ | 24,120 constant 2011 international $ | 35,208 constant 2011 international $ | 10 |
| 2020s | 37,310 constant 2011 international $ | 34,226 constant 2011 international $ | 38,936 constant 2011 international $ | 5 |
Countries ranked near Latvia
- 54 Romania 40,611 constant 2011 international $ compare
- 55 Aruba 40,517 constant 2011 international $ compare
- 56 Slovakia 40,347 constant 2011 international $ compare
- 58 Greece 37,753 constant 2011 international $ compare
- 59 Oman 36,654 constant 2011 international $ compare
- 60 Panama 36,426 constant 2011 international $ 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, ppp in Latvia?
- Gdp per capita, ppp in Latvia was 38,936 constant 2011 international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp per capita, ppp recorded in Latvia?
- The highest recorded value was 38,936 constant 2011 international $ in 2024.
- What is the lowest gdp per capita, ppp recorded in Latvia?
- The lowest recorded value was 10,255 constant 2011 international $ in 1993.
- How does Latvia rank for gdp per capita, ppp?
- Latvia ranks 57th out of 198 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Latvia?
- Over the last ten years it is up 33.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP per capita, PPP (constant 2011 international $). 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