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 February 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 40310.00 USD in 2027 and 41117.00 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 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