The Gross Domestic Product per capita in Latvia was last recorded at 16892.37 US dollars in 2025. The GDP per Capita in Latvia is equivalent to 134 percent of the world's average. GDP per Capita in Latvia averaged 10478.10 USD from 1990 until 2025, reaching an all time high of 16892.37 USD in 2025 and a record low of 4464.72 USD in 1993. source: World Bank

GDP per Capita in Latvia is expected to reach 17146.00 USD by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP per capita is projected to trend around 17437.00 USD in 2027 and 17786.00 USD in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 2.10 -0.40 percent Dec 2025
GDP 48.62 44.00 USD Billion Dec 2025
GDP Growth Rate YoY 2.50 2.90 percent Mar 2026
GDP Constant Prices 7669166.00 8366988.00 EUR Thousand Mar 2026
GDP from Agriculture 197872.00 208582.00 EUR Thousand Mar 2026
GDP from Construction 287891.00 430839.00 EUR Thousand Mar 2026
GDP from Manufacturing 891822.00 867025.00 EUR Thousand Mar 2026
GDP from Mining 219988.00 156741.00 EUR Thousand Mar 2026
GDP from Public Administration 595218.00 708507.00 EUR Thousand Mar 2026
GDP from Services 1130177.00 1443602.00 EUR Thousand Mar 2026
GDP from Transport 335089.00 377430.00 EUR Thousand Mar 2026
GDP Growth Rate 0.60 0.70 percent Mar 2026
GDP per Capita 16892.37 16376.26 USD Dec 2025
GDP per Capita PPP 37611.67 37277.72 USD Dec 2024
Gross Fixed Capital Formation 1534219.00 2150614.00 EUR Thousand Mar 2026
Gross National Product 9638.00 11839.00 EUR Million Mar 2026


Latvia GDP per capita
The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population.
Actual Previous Highest Lowest Dates Unit Frequency
16892.37 16376.26 16892.37 4464.72 1990 - 2025 USD Yearly
Constant 2015 USD