GDP per capita, PPP in Latvia

Latvia: GDP per capita, PPP was 46,137 current international $ in 2025. ◆ Volatile

Latest (2025)
46,137 current international $
Change on year
up 5.2%
World rank
57th
of 203 countries
All-time high
46,137 current international $
in 2025
All-time low
4,722 current international $
in 1993
Years of data
36
1990–2025

GDP per capita, PPP in Latvia, 1990–2025

010.0k20.0k30.0k40.0k50.0k1990200720251990: 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: 5.4k current international $1996: 5.7k current international $1997: 6.4k current international $1998: 6.9k current international $1999: 7.3k current international $2000: 7.8k current international $2001: 8.8k current international $2002: 9.6k current international $2003: 10.2k current international $2004: 11.3k current international $2005: 12.8k current international $2006: 14.2k current international $2007: 16.2k current international $2008: 17.4k current international $2009: 15.5k current international $2010: 16.4k current international $2011: 17.7k current international $2012: 19.4k current international $2013: 20.5k current international $2014: 21.6k current international $2015: 22.5k current international $2016: 24.1k current international $2017: 25.8k current international $2018: 29.8k current international $2019: 32.2k current international $2020: 32.7k current international $2021: 36.9k current international $2022: 40.5k current international $2023: 42.8k current international $2024: 43.9k current international $2025: 46.1k current international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.

Analysis

The most recent figure for gdp per capita, ppp in Latvia is 46,137 current international $, measured in 2025. That is the highest value across all 36 years on record.

Compared with earlier readings it is up 5.2% on the previous year and up 104.7% over ten years.

Over the whole period, gdp per capita, ppp in Latvia peaked at 46,137 current international $ in 2025 and was at its lowest, 4,722 current international $, in 1993.

Latvia ranks 57th of 203 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 6,033 current international $ 4,722 current international $ 7,448 current international $ 10
2000s 12,398 current international $ 7,849 current international $ 17,443 current international $ 10
2010s 22,989 current international $ 16,373 current international $ 32,199 current international $ 10
2020s 40,499 current international $ 32,741 current international $ 46,137 current international $ 6

Countries ranked near Latvia

  1. 54 United States Virgin Islands 49,785 current international $ compare
  2. 55 Russia 49,568 current international $ compare
  3. 56 Slovakia 49,309 current international $ compare
  4. 58 Turkey 45,288 current international $ compare
  5. 59 Greece 45,264 current international $ compare
  6. 60 Bulgaria 44,451 current international $ compare

See the full ranking of 250 places →

More economy & growth 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 46,137 current international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
What is the highest gdp per capita, ppp recorded in Latvia?
The highest recorded value was 46,137 current international $ in 2025.
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 57th out of 203 countries with data for 2025.
Is gdp per capita, ppp rising or falling in Latvia?
Over the last ten years it is up 104.7%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP per capita, PPP (current international $). Statizoid updates them automatically from the source API.

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CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GDP per capita, PPP (current international $)
Unit
current international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 8,712 data points, 1990–2025
Last refreshed

This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.