GDP per capita, PPP (current international $) (UNESCO Institute) in Latvia

Latvia: GDP per capita, PPP (current international $) (UNESCO Institute) was 43,867 current international $ in 2024. ◆ Volatile

Latest (2024)
43,867 current international $
Change on year
up 4.9%
World rank
59th
of 202 countries
All-time high
43,867 current international $
in 2024
All-time low
4,722 current international $
in 1993
Years of data
35
1990–2024

GDP per capita, PPP in Latvia, 1990–2024

010.0k20.0k30.0k40.0k1990200720241990: 7.4k current international $1991: 6.8k current international $1992: 4.8k current international $1993: 4.7k current international $1994: 5.0k current international $1995: 5.3k current international $1996: 5.6k current international $1997: 6.3k current international $1998: 6.9k current international $1999: 7.2k current international $2000: 7.8k current international $2001: 8.9k current international $2002: 9.8k current international $2003: 10.6k current international $2004: 11.8k current international $2005: 13.3k current international $2006: 15.0k current international $2007: 17.3k current international $2008: 18.6k current international $2009: 16.6k current international $2010: 17.3k current international $2011: 18.6k current international $2012: 20.5k current international $2013: 21.9k current international $2014: 23.0k current international $2015: 24.1k current international $2016: 25.8k current international $2017: 27.6k current international $2018: 29.8k current international $2019: 32.2k current international $2020: 32.7k current international $2021: 36.9k current international $2022: 40.0k current international $2023: 41.8k current international $2024: 43.9k current international $

Source: UNESCO Institute for Statistics. Measured in current international $.

Analysis

The most recent figure for gdp per capita, ppp in Latvia is 43,867 current international $, measured in 2024. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 4.9% on the previous year and up 90.9% over ten years.

Over the whole period, gdp per capita, ppp in Latvia peaked at 43,867 current international $ in 2024 and was at its lowest, 4,722 current international $, in 1993.

That places Latvia 59th out of 202 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, PPP (current international $) (UNESCO Institute) in Latvia, year by year

Annual values for GDP per capita, PPP (current international $) in Latvia, 1990 to 2024.
Year current international $ Change
1990 7,448 current international $ —
1991 6,762 current international $ -9.2%
1992 4,760 current international $ -29.6%
1993 4,722 current international $ -0.8%
1994 5,012 current international $ +6.1%
1995 5,342 current international $ +6.6%
1996 5,636 current international $ +5.5%
1997 6,309 current international $ +11.9%
1998 6,879 current international $ +9.0%
1999 7,200 current international $ +4.7%
2000 7,841 current international $ +8.9%
2001 8,862 current international $ +13.0%
2002 9,756 current international $ +10.1%
2003 10,566 current international $ +8.3%
2004 11,761 current international $ +11.3%
2005 13,344 current international $ +13.5%
2006 15,025 current international $ +12.6%
2007 17,281 current international $ +15.0%
2008 18,635 current international $ +7.8%
2009 16,560 current international $ -11.1%
2010 17,344 current international $ +4.7%
2011 18,619 current international $ +7.4%
2012 20,494 current international $ +10.1%
2013 21,850 current international $ +6.6%
2014 22,974 current international $ +5.1%
2015 24,138 current international $ +5.1%
2016 25,802 current international $ +6.9%
2017 27,646 current international $ +7.1%
2018 29,818 current international $ +7.9%
2019 32,199 current international $ +8.0%
2020 32,741 current international $ +1.7%
2021 36,912 current international $ +12.7%
2022 39,961 current international $ +8.3%
2023 41,810 current international $ +4.6%
2024 43,867 current international $ +4.9%

Latvia compared with similar countries

  • Latvia's 43,867 current international $ is below the median for high income countries, which is 56,866 current international $, 77% of the median. (74 countries reporting)
  • Latvia's 43,867 current international $ is below the median for Europe & Central Asia, which is 49,856 current international $, 88% of the median. (52 countries reporting)

Biggest year-on-year movements

Years where GDP per capita, PPP (current international $) (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.

YearChange FromTo
1992 -29.6% 6,762 current international $ 4,760 current international $

Averages by decade

DecadeAverage LowestHighest Years
1990s 6,007 current international $ 4,722 current international $ 7,448 current international $ 10
2000s 12,963 current international $ 7,841 current international $ 18,635 current international $ 10
2010s 24,088 current international $ 17,344 current international $ 32,199 current international $ 10
2020s 39,058 current international $ 32,741 current international $ 43,867 current international $ 5

Countries ranked near Latvia

  1. 56 Aruba 44,967 current international $ compare
  2. 57 Greece 44,074 current international $ compare
  3. 58 Turkey 43,932 current international $ compare
  4. 60 Oman 41,664 current international $ compare
  5. 61 Panama 41,405 current international $ compare
  6. 62 Bahamas 41,198 current international $ compare

See the full ranking of 202 places →

More population data for Latvia

All data for Latvia →

Frequently asked questions

What is gdp per capita, ppp in Latvia?
Gdp per capita, ppp in Latvia was 43,867 current 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 43,867 current international $ in 2024.
What is the lowest gdp per capita, ppp recorded in Latvia?
The lowest recorded value was 4,722 current international $ in 1993.
How does Latvia rank for gdp per capita, ppp?
Latvia ranks 59th out of 202 countries with data for 2024.
Is gdp per capita, ppp rising or falling in Latvia?
Over the last ten years it is up 90.9%. 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, PPP (current international $). Statizoid updates them automatically from the source API.

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GDP per capita, PPP in Latvia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/gdp-per-capita-ppp-current-international-2/latvia/

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About this data

Indicator
GDP per capita, PPP (current international $)
Unit
current international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release