Adjusted net national income per capita in Latvia

Latvia: Adjusted net national income per capita was 16,239 current US$ in 2021. ◆ Volatile

Latest (2021)
16,239 current US$
Change on year
up 14.8%
World rank
43rd
of 184 countries
All-time high
16,239 current US$
in 2021
All-time low
1,434 current US$
in 1995
Years of data
27
1995–2021

Adjusted net national income per capita in Latvia, 1995–2021

05.0k10.0k15.0k1995200820211995: 1.4k current US$1996: 1.6k current US$1997: 1.8k current US$1998: 2.0k current US$1999: 2.1k current US$2000: 2.4k current US$2001: 2.7k current US$2002: 3.1k current US$2003: 3.9k current US$2004: 4.8k current US$2005: 5.8k current US$2006: 7.3k current US$2007: 10.7k current US$2008: 12.6k current US$2009: 10.3k current US$2010: 8.6k current US$2011: 10.0k current US$2012: 10.3k current US$2013: 11.3k current US$2014: 11.9k current US$2015: 10.5k current US$2016: 11.0k current US$2017: 12.2k current US$2018: 13.8k current US$2019: 13.8k current US$2020: 14.1k current US$2021: 16.2k current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted net national income per capita in Latvia is 16,239 current US$, measured in 2021. That is the highest value across all 27 years on record.

Compared with earlier readings it is up 14.8% on the previous year and up 63.0% over ten years.

Over the whole period, adjusted net national income per capita in Latvia peaked at 16,239 current US$ in 2021 and was at its lowest, 1,434 current US$, in 1995.

That places Latvia 43rd out of 184 countries with data for 2021, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,784 current US$ 1,434 current US$ 2,122 current US$ 5
2000s 6,356 current US$ 2,394 current US$ 12,649 current US$ 10
2010s 11,337 current US$ 8,646 current US$ 13,838 current US$ 10
2020s 15,193 current US$ 14,148 current US$ 16,239 current US$ 2

Countries ranked near Latvia

  1. 40 Greece 17,261 current US$ compare
  2. 41 Bahrain 17,253 current US$ compare
  3. 42 French Polynesia 16,449 current US$ compare
  4. 44 Poland 15,411 current US$ compare
  5. 45 Trinidad and Tobago 15,143 current US$ compare
  6. 46 Hungary 14,921 current US$ compare

See the full ranking of 231 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is adjusted net national income per capita in Latvia?
Adjusted net national income per capita in Latvia was 16,239 current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted net national income per capita recorded in Latvia?
The highest recorded value was 16,239 current US$ in 2021.
What is the lowest adjusted net national income per capita recorded in Latvia?
The lowest recorded value was 1,434 current US$ in 1995.
How does Latvia rank for adjusted net national income per capita?
Latvia ranks 43rd out of 184 countries with data for 2021.
Is adjusted net national income per capita rising or falling in Latvia?
Over the last ten years it is up 63.0%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income per capita (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted net national income per capita (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 9,520 data points, 1970–2021
Last refreshed

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.