The Gross Domestic Product (GDP) in Latvia was worth 34.85 billion US dollars in 2018. The GDP value of Latvia represents 0.06 percent of the world economy. GDP in Latvia averaged 16.45 USD Billion from 1987 until 2018, reaching an all time high of 35.60 USD Billion in 2008 and a record low of 4.50 USD Billion in 1993.

GDP in Latvia is expected to be 35.80 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP is projected to trend around 40.50 USD Billion in 2020, according to our econometric models.

Latvia GDP
width
height
 Preview
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.10 0.90 6.40 -6.10 percent [+]
GDP Annual Growth Rate 3.00 5.10 13.90 -16.20 percent [+]
GDP 34.85 30.46 35.60 4.50 USD Billion [+]
GDP Constant Prices 5380515.00 6434145.00 6434145.00 2207929.00 EUR Thousand [+]
Gross National Product 7073.00 7961.00 7961.00 945.00 EUR Million [+]
Gross Fixed Capital Formation 1302986.00 2099775.00 2402613.00 95826.00 EUR Thousand [+]
GDP per capita 16405.70 15532.20 16405.70 5140.53 USD [+]
GDP per capita PPP 26437.43 25029.79 26437.43 7796.00 USD [+]
GDP From Agriculture 163881.00 165923.00 287649.00 75089.00 EUR Thousand [+]
GDP From Construction 231614.00 471337.00 631870.00 92342.00 EUR Thousand [+]
GDP From Manufacturing 602035.00 702591.00 711150.00 333666.00 EUR Thousand [+]
GDP From Mining 215398.00 205889.00 253926.00 96547.00 EUR Thousand [+]
GDP From Public Administration 265080.00 475098.00 559872.00 182541.00 EUR Thousand [+]
GDP From Services 729173.00 879201.00 913275.00 181772.00 EUR Thousand [+]
GDP From Transport 569936.00 592774.00 641059.00 228683.00 EUR Thousand [+]


Latvia GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Latvia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
34.85 30.46 35.60 4.50 1987 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


Related
Latest