The Gross Domestic Product per capita in Latvia was last recorded at 37611.67 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 212 percent of the world's average. source: World Bank

GDP per Capita PPP in Latvia averaged 23646.40 USD from 1990 until 2024, reaching an all time high of 37718.71 USD in 2022 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 July of 2026.

GDP per Capita PPP in Latvia is expected to reach 38176.00 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 38825.00 USD in 2027 and 39601.00 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 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
37611.67 37277.72 37718.71 10255.14 1990 - 2024 USD Yearly
Constant 2021 International Dollars