GNI per capita in Latvia

Latvia: GNI per capita was 16,917 constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
16,917 constant 2015 US$
Change on year
up 1.2%
World rank
49th
of 160 countries
All-time high
16,917 constant 2015 US$
in 2024
All-time low
4,645 constant 2015 US$
in 1995
Years of data
30
1995–2024

GNI per capita in Latvia, 1995–2024

5.0k7.5k10.0k12.5k15.0k17.5k1995200920241995: 4.6k constant 2015 US$1996: 4.8k constant 2015 US$1997: 5.1k constant 2015 US$1998: 5.6k constant 2015 US$1999: 5.8k constant 2015 US$2000: 6.1k constant 2015 US$2001: 6.7k constant 2015 US$2002: 7.2k constant 2015 US$2003: 7.8k constant 2015 US$2004: 8.5k constant 2015 US$2005: 9.7k constant 2015 US$2006: 10.9k constant 2015 US$2007: 12.5k constant 2015 US$2008: 12.3k constant 2015 US$2009: 11.5k constant 2015 US$2010: 10.6k constant 2015 US$2011: 11.2k constant 2015 US$2012: 11.9k constant 2015 US$2013: 12.3k constant 2015 US$2014: 12.7k constant 2015 US$2015: 13.3k constant 2015 US$2016: 14.0k constant 2015 US$2017: 14.7k constant 2015 US$2018: 15.4k constant 2015 US$2019: 15.9k constant 2015 US$2020: 15.9k constant 2015 US$2021: 16.6k constant 2015 US$2022: 16.6k constant 2015 US$2023: 16.7k constant 2015 US$2024: 16.9k constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

The most recent figure for gni per capita in Latvia is 16,917 constant 2015 US$, measured in 2024. That is the highest value across all 30 years on record.

The figure is up 1.2% on the previous year and up 33.2% over ten years.

Over the whole period, gni per capita in Latvia peaked at 16,917 constant 2015 US$ in 2024 and was at its lowest, 4,645 constant 2015 US$, in 1995.

Latvia ranks 49th of 160 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 5,191 constant 2015 US$ 4,645 constant 2015 US$ 5,811 constant 2015 US$ 5
2000s 9,322 constant 2015 US$ 6,128 constant 2015 US$ 12,473 constant 2015 US$ 10
2010s 13,193 constant 2015 US$ 10,610 constant 2015 US$ 15,924 constant 2015 US$ 10
2020s 16,548 constant 2015 US$ 15,888 constant 2015 US$ 16,917 constant 2015 US$ 5

Countries ranked near Latvia

  1. 46 Slovakia 17,968 constant 2015 US$ compare
  2. 47 Oman 17,900 constant 2015 US$ compare
  3. 48 Poland 17,891 constant 2015 US$ compare
  4. 50 Seychelles 16,471 constant 2015 US$ compare
  5. 51 Panama 16,232 constant 2015 US$ compare
  6. 52 Hungary 15,881 constant 2015 US$ compare

See the full ranking of 186 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gni per capita in Latvia?
Gni per capita in Latvia was 16,917 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gni per capita recorded in Latvia?
The highest recorded value was 16,917 constant 2015 US$ in 2024.
What is the lowest gni per capita recorded in Latvia?
The lowest recorded value was 4,645 constant 2015 US$ in 1995.
How does Latvia rank for gni per capita?
Latvia ranks 49th out of 160 countries with data for 2024.
Is gni per capita rising or falling in Latvia?
Over the last ten years it is up 33.2%. 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 GNI per capita (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
GNI per capita (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 6,840 data points, 1960–2025
Last refreshed

Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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 is 2015. This indicator is expressed in United States dollars.