The Gross Domestic Product per capita in Latvia was last recorded at 16951.36 US dollars in 2024. The GDP per Capita in Latvia is equivalent to 134 percent of the world's average. GDP per Capita in Latvia averaged 10329.70 USD from 1990 until 2024, reaching an all time high of 16951.36 USD in 2024 and a record low of 4464.72 USD in 1993. source: World Bank

GDP per Capita in Latvia is expected to reach 17206.00 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 17550.00 USD in 2027 and 17901.00 USD in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth -0.40 2.90 percent Dec 2024
GDP 43.52 42.57 USD Billion Dec 2024
GDP Growth Rate YoY 2.50 0.90 percent Sep 2025
GDP Constant Prices 8488641.00 7897568.00 EUR Thousand Sep 2025
GDP from Agriculture 306692.00 283120.00 EUR Thousand Sep 2025
GDP from Construction 437048.00 373631.00 EUR Thousand Sep 2025
GDP from Manufacturing 890038.00 867604.00 EUR Thousand Sep 2025
GDP from Mining 154268.00 134876.00 EUR Thousand Sep 2025
GDP from Public Administration 631730.00 653935.00 EUR Thousand Sep 2025
GDP from Services 1482212.00 1261969.00 EUR Thousand Sep 2025
GDP from Transport 436541.00 389988.00 EUR Thousand Sep 2025
GDP Growth Rate 0.60 0.30 percent Sep 2025
GDP per Capita 16951.36 16890.63 USD Dec 2024
GDP per Capita PPP 38936.05 38796.55 USD Dec 2024
Gross Fixed Capital Formation 2194043.00 1892316.00 EUR Thousand Sep 2025
Gross National Product 11042.00 10540.00 EUR Million Sep 2025


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
16951.36 16890.63 16951.36 4464.72 1990 - 2024 USD Yearly
Constant 2015 USD