Economy & Growth in Latvia
244 indicators covering economy & growth for Latvia.
| Indicator | Latest | Year | 10-yr change | Rank |
|---|---|---|---|---|
| GNI | 30.57 billion constant LCU | 2024 | up 24.7% | 138th |
| GNI per capita | 16,381 constant LCU | 2024 | up 33.2% | 136th |
| Agriculture, forestry, and fishing, value added per worker | 15,095 constant 2015 US$ | 2025 | up 16.2% | 58th |
| Industry (including construction), value added per worker | 28,451 constant 2015 US$ | 2025 | up 17.2% | 68th |
| Charges for the use of intellectual property, receipts | 20.37 million BoP, current US$ | 2025 | up 205.8% | 71st |
| Adjusted savings: education expenditure | 1.49 billion current US$ | 2021 | up 22.0% | 93rd |
| Adjusted savings: education expenditure | 3.8% | 2021 | down 14.4% | 108th |
| Adjusted savings: net forest depletion | 0 current US$ | 2021 | — | 113th |
| Adjusted savings: net forest depletion | 0.0% | 2021 | — | 112th |
| Adjusted savings: consumption of fixed capital | 8.50 billion current US$ | 2021 | up 23.1% | 73rd |
| Adjusted savings: consumption of fixed capital | 21.7% | 2021 | down 13.7% | 13th |
| Adjusted savings: mineral depletion | 0 current US$ | 2021 | — | 94th |
| Adjusted savings: mineral depletion | 0.0% | 2021 | — | 95th |
| Adjusted savings: energy depletion | 19.99 million current US$ | 2021 | up 0.5% | 103rd |
| Adjusted savings: energy depletion | 0.1% | 2021 | down 29.5% | 95th |
| Adjusted savings: natural resources depletion | 0.1% | 2021 | down 29.5% | 151st |
| Adjusted net national income | 30.60 billion current US$ | 2021 | up 49.1% | 95th |
| Adjusted net national income per capita | 16,239 current US$ | 2021 | up 63.0% | 43rd |
| Services, value added per worker | 32,633 constant 2015 US$ | 2025 | up 20.0% | 48th |
| Portfolio Investment, net | -1.94 billion BoP, current US$ | 2025 | down 165.2% | 163rd |
| Households and NPISHs final consumption expenditure: linked series | 24.79 billion current LCU | 2025 | up 77.4% | 151st |
| Households and NPISHs Final consumption expenditure per capita, PPP | 19,604 constant 2021 international $ | 2025 | up 27.8% | 54th |
| Households and NPISHs Final consumption expenditure, PPP | 36.22 billion constant 2021 international $ | 2025 | up 19.4% | 108th |
| Price level index | 62.39 Households and NPISHs Final consumption expenditure | 2025 | down 1.2% | 71st |
| PPP conversion factor, households and NPISHs Final consumption expendi | 0.5521 LCU per international $ | 2025 | down 3.0% | 188th |
| Households and NPISHs Final consumption expenditure per capita, PPP | 24,300 current international $ | 2025 | up 95.7% | 45th |
| Households and NPISHs Final consumption expenditure, PPP | 44.90 billion current international $ | 2025 | up 82.9% | 109th |
| GNI, PPP | 68.82 billion constant 2021 international $ | 2024 | up 24.7% | 95th |
| GNI per capita, PPP | 36,880 constant 2021 international $ | 2024 | up 33.2% | 48th |
| Personal transfers, receipts | 841.05 million BoP, current US$ | 2025 | up 43.3% | 75th |
| ICT service exports | 19.0% | 2025 | up 133.0% | 28th |
| Other manufacturing | 61.2% | 2023 | up 69.0% | 13th |
| Food, beverages and tobacco | 16.4% | 2023 | down 60.9% | 114th |
| Revenue, excluding grants | 33.9% | 2024 | up 16.9% | 35th |
| ICT service exports | 1.77 billion BoP, current US$ | 2025 | up 343.2% | 56th |
| Textiles and clothing | 2.4% | 2023 | down 55.3% | 102nd |
| Adjusted savings: gross savings | 22.0% | 2021 | down 2.0% | 91st |
| Expense | 34.2% | 2023 | up 7.9% | 40th |
| Adjusted savings: net national savings | 0.3% | 2021 | up 109.6% | 151st |
| Net capital account | 790.27 million BoP, current US$ | 2025 | up 3.0% | 25th |
| Adjusted net national income | 25.51 billion constant 2015 US$ | 2021 | up 44.0% | 86th |
| Adjusted net national income per capita | 13,539 constant 2015 US$ | 2021 | up 57.4% | 42nd |
| Adjusted net national income | 5.2% | 2021 | up 34.0% | 67th |
| Adjusted net national income per capita | 6.1% | 2021 | up 5.2% | 49th |
| Chemicals | 9.3% | 2023 | up 420.5% | 68th |
| Adjusted savings: carbon dioxide damage | 320.09 million current US$ | 2021 | up 35.8% | 123rd |
| Machinery and transport equipment | 10.8% | 2023 | down 27.2% | 66th |
| Adjusted savings: net national savings | 102.61 million current US$ | 2021 | up 113.7% | 143rd |
| Trade as a share of GDP | 129.7% | 2025 | up 2.6% | 38th |
| Foreign direct investment, net inflows as share of GDP | 0.5% | 2025 | down 83.8% | 155th |
| Adjusted savings: particulate emission damage | 0.1% | 2021 | down 37.0% | 136th |
| Adjusted savings: particulate emission damage | 51.32 million current US$ | 2021 | down 10.2% | 131st |
| Adjusted savings: carbon dioxide damage | 0.8% | 2021 | down 4.7% | 159th |
| Adjusted net savings, excluding particulate emission damage | 3.2% | 2021 | up 305.6% | 118th |
| Adjusted net savings, including particulate emission damage | 3.1% | 2021 | up 428.2% | 114th |
| External balance on goods and services | -1.60 billion constant LCU | 2025 | down 227.0% | 76th |
| Adjusted net savings, excluding particulate emission damage | 1.25 billion current US$ | 2021 | up 478.1% | 100th |
| Discrepancy in expenditure estimate of GDP | 0 constant LCU | 2025 | — | 67th |
| Adjusted net savings, including particulate emission damage | 1.20 billion current US$ | 2021 | up 652.8% | 98th |
| Self-reported life satisfaction vs. GDP per capita | 6.37 | 2025 | up 14.5% | 48th |