GDP, PPP in Latvia
Latvia: GDP, PPP was 85.25 billion current international $ in 2025. ◆ Volatile
GDP, PPP in Latvia, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Latvia recorded 85.25 billion current international $ for gdp, ppp in 2025. That is the highest value across all 36 years on record.
That represents a change of up 4.1% on the previous year and up 91.2% over ten years.
Over the whole period, gdp, ppp in Latvia peaked at 85.25 billion current international $ in 2025 and was at its lowest, 12.10 billion current international $, in 1993.
That places Latvia 111th out of 203 countries with data for 2025, putting it 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.18 billion current international $ | 12.10 billion current international $ | 19.84 billion current international $ | 10 |
| 2000s | 27.74 billion current international $ | 18.58 billion current international $ | 37.98 billion current international $ | 10 |
| 2010s | 45.53 billion current international $ | 34.34 billion current international $ | 61.62 billion current international $ | 10 |
| 2020s | 75.95 billion current international $ | 62.22 billion current international $ | 85.25 billion current international $ | 6 |
Countries ranked near Latvia
- 108 El Salvador 89.76 billion current international $ compare
- 109 Mali 88.27 billion current international $ compare
- 110 Honduras 86.63 billion current international $ compare
- 112 Guyana 81.84 billion current international $ compare
- 113 Laos 81.75 billion current international $ compare
- 114 Bosnia and Herzegovina 81.06 billion current international $ 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, ppp in Latvia?
- Gdp, ppp in Latvia was 85.25 billion current international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Latvia?
- The highest recorded value was 85.25 billion current international $ in 2025.
- What is the lowest gdp, ppp recorded in Latvia?
- The lowest recorded value was 12.10 billion current international $ in 1993.
- How does Latvia rank for gdp, ppp?
- Latvia ranks 111th out of 203 countries with data for 2025.
- Is gdp, ppp rising or falling in Latvia?
- Over the last ten years it is up 91.2%. 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, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross domestic product (GDP) 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. 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.