The Gross Domestic Product per capita in Latvia was last recorded at 25063.85 US dollars in 2017, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 141 percent of the world's average. GDP per capita PPP in Latvia averaged 15563.80 USD from 1990 until 2017, reaching an all time high of 25063.85 USD in 2017 and a record low of 7796 USD in 1993.
GDP per capita PPP in Latvia is expected to be 25616.70 USD by the end of this quarter, 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 26609.60 USD in 2020, according to our econometric models.