The Gross Domestic Product (GDP) in Latvia was worth 33.51 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Latvia represents 0.03 percent of the world economy. source: World Bank

GDP in Latvia averaged 21.58 USD Billion from 1987 until 2020, reaching an all time high of 50.87 USD Billion in 2008 and a record low of 4.50 USD Billion in 1993. This page provides the latest reported value for - Latvia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP - values, historical data and charts - was last updated on July of 2022.

GDP in Latvia is expected to reach 31.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP is projected to trend around 33.50 USD Billion in 2022, according to our econometric models.

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Latvia GDP

Related Last Previous Unit Reference
GDP Growth Rate 3.60 -0.20 percent Mar 2022
GDP Annual Growth Rate 6.70 3.10 percent Mar 2022
GDP 33.51 34.06 USD Billion Dec 2020
GDP per capita 15487.93 15967.20 USD Dec 2020
GDP per capita PPP 29932.49 30858.75 USD Dec 2020
Full Year GDP Growth -3.60 2.50 percent Dec 2020

Latvia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
33.51 34.06 50.87 4.50 1987 - 2020 USD Billion Yearly
Current USD
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