The Gross Domestic Product per capita in Latvia was last recorded at 38936.05 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 219 percent of the world's average. source: World Bank

GDP per Capita PPP in Latvia averaged 23726.56 USD from 1990 until 2024, reaching an all time high of 38936.05 USD in 2024 and a record low of 10255.14 USD in 1993. This page provides the latest reported value for - Latvia GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP per capita PPP - values, historical data and charts - was last updated on May of 2026.

GDP per Capita PPP in Latvia is expected to reach 39520.00 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 PPP is projected to trend around 40192.00 USD in 2027 and 40996.00 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 43.52 42.57 USD Billion Dec 2024
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 16951.36 16890.63 USD Dec 2024
GDP per Capita PPP 38936.05 38796.55 USD Dec 2024
Gross Fixed Capital Formation 1534219.00 2150614.00 EUR Thousand Mar 2026
Gross National Product 11852.00 11042.00 EUR Million Dec 2025


Latvia GDP per capita PPP
The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population.
Actual Previous Highest Lowest Dates Unit Frequency
38936.05 38796.55 38936.05 10255.14 1990 - 2024 USD Yearly
Constant 2021 International Dollars