GDP per capita in Latvia
Latvia: GDP per capita was 23,285 current LCU in 2025. ◆ Volatile
GDP per capita in Latvia, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gdp per capita in Latvia is 23,285 current LCU, measured in 2025. That is the highest value across all 36 years on record.
The figure is up 6.9% on the previous year and up 93.9% over ten years.
Over the whole period, gdp per capita in Latvia peaked at 23,285 current LCU in 2025 and was at its lowest, 35.24 current LCU, in 1990.
Latvia ranks 179th of 213 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,334 current LCU | 35.24 current LCU | 2,551 current LCU | 10 |
| 2000s | 6,050 current LCU | 2,829 current LCU | 10,725 current LCU | 10 |
| 2010s | 11,841 current LCU | 8,448 current LCU | 15,449 current LCU | 10 |
| 2020s | 19,631 current LCU | 15,378 current LCU | 23,285 current LCU | 6 |
Countries ranked near Latvia
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 23,285 current 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 23,285 current LCU in 2025.
- What is the lowest gdp per capita recorded in Latvia?
- The lowest recorded value was 35.24 current LCU in 1990.
- How does Latvia rank for gdp per capita?
- Latvia ranks 179th out of 213 countries with data for 2025.
- Is gdp per capita rising or falling in Latvia?
- Over the last ten years it is up 93.9%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.