GDP per capita in Latvia
Latvia: GDP per capita was 17,433 constant LCU in 2025. ▲ Rising
GDP per capita in Latvia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gdp per capita in Latvia stood at 17,433 constant LCU. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 26.8% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 17,433 constant LCU in 2025 and was at its lowest, 4,608 constant LCU, in 1993.
That places Latvia 171st out of 214 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,622 constant LCU | 4,608 constant LCU | 7,867 constant LCU | 10 |
| 2000s | 9,838 constant LCU | 6,539 constant LCU | 13,220 constant LCU | 10 |
| 2010s | 13,469 constant LCU | 10,837 constant LCU | 15,819 constant LCU | 10 |
| 2020s | 16,665 constant LCU | 15,378 constant LCU | 17,433 constant LCU | 6 |
Countries ranked near Latvia
- 168 Sao Tome and Principe 17,810 constant LCU compare
- 169 Northern Mariana Islands 17,644 constant LCU compare
- 170 Peru 17,518 constant LCU compare
- 172 Saint Martin (French part) 17,045 constant LCU compare
- 173 Argentina 16,118 constant LCU compare
- 174 Palau 15,852 constant LCU compare
More economy & growth data for Latvia
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
- Taxes less subsidies on products 6.35 billion current US$ (2025)
- Net primary income (Net income from abroad) -836.82 million current LCU (2024)
- Net primary income (Net income from abroad) -905.76 million current US$ (2024)
- GNI per capita 23,085 current LCU (2025)
- GNI per capita, Atlas method 24,980 current US$ (2025)
- GNI 42.66 billion current LCU (2025)
Frequently asked questions
- What is gdp per capita in Latvia?
- Gdp per capita in Latvia was 17,433 constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Latvia?
- The highest recorded value was 17,433 constant LCU in 2025.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 4,608 constant LCU in 1993.
- How does Latvia rank for gdp per capita?
- Latvia ranks 171st out of 214 countries with data for 2025.
- Is gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.