Latvia's GDP Per Capita CAGR Growth

COMPOUND ANNUAL GROWTH RATE (%)

Latvia's Compound Annual Growth Rate (CAGR) for GDP Per Capita over the last 10, 5 and 3 years was 3.3%, 2.1% and 1.7% respectively.

Fortunatly these numbers are based on reasonable quality data, as the World Economics GDP per Capita Data Quality Index rates Latvian data as B Grade

Latvia's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London



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Country: World Economics
Data Quality Grade
(A-E)		 CAGR
10-Year
(2014-2024)		 CAGR
5-Year
(2019-2024)		 CAGR
3-Year
(2021-2024)
Guyana D 14.6% 23.8% 0.0%
Libya E 22.7% 3.6% 2.6%
Ireland A 10.9% 5.3% 0.7%
Pakistan E 8.4% 0.8% 0.7%
China C 7.6% 5.5% 4.8%
Bangladesh E 7.6% 5.4% 5.4%
Ethiopia E 6.6% 3.7% 3.7%
Vietnam E 6.8% 4.6% 6.2%
Tajikistan E 6.6% 6.1% 6.1%
India C 6.5% 4.6% 6.9%
Armenia B 6.4% 5.5% 9.1%
Georgia B 6.6% 6.9% 9.4%
Rwanda D 5.8% 4.2% 5.6%
Malta B 5.1% 3.5% 5.3%
Cabo Verde C 6.0% 2.7% 10.1%
Cote d'Ivoire D 4.9% 3.4% 4.2%
Romania C 5.1% 2.9% 3.5%
Bosnia and Herzegovina D 5.4% 4.1% 3.9%
Croatia C 5.8% 4.9% 5.0%
Dominican Republic D 4.9% 3.0% 3.4%
Uzbekistan E 4.7% 3.7% 3.9%
Cambodia E 4.7% 1.8% 4.2%
Philippines B 4.7% 2.4% 6.0%
Bhutan E 4.6% 1.1% 4.2%
Panama D 4.2% 3.4% 6.2%
Bulgaria C 4.6% 3.3% 3.5%
Türkiye B 4.4% 5.6% 4.3%
Guinea E 4.4% 2.3% 2.4%
Laos E 3.9% 1.3% 2.1%
Nepal E 4.1% 1.7% 3.2%
Kenya D 4.2% 2.8% 3.3%
Poland B 4.2% 2.7% 2.5%
Moldova B 3.6% 1.7% -0.6%
Serbia C 4.8% 4.3% 3.6%
Albania C 4.3% 4.6% 4.8%
Costa Rica C 4.1% 3.3% 4.3%
Hungary B 3.6% 1.9% 1.9%
Indonesia C 4.0% 2.8% 4.6%
Lithuania A 3.7% 1.8% 0.8%
Mauritius B 4.3% 2.8% 8.4%
Taiwan A 3.9% 4.5% 3.1%
Egypt D 3.9% 2.6% 2.9%
Morocco C 1.5% 0.7% 1.4%
Myanmar E 2.7% -2.9% 1.9%
North Macedonia B 3.4% 1.9% 2.4%
Latvia B 3.3% 2.1% 1.7%
Cyprus C 4.0% 2.7% 2.7%
Benin D 3.2% 3.7% 3.8%
Senegal D 3.1% 2.1% 2.4%
Togo D 3.0% 2.8% 3.3%
Malaysia B 3.0% 1.9% 4.9%
Turkmenistan D 2.1% -0.4% 0.1%
Slovenia A 2.9% 1.7% 1.8%
Congo, Dem. Rep E 2.1% 2.5% 3.6%
Tanzania E 2.5% 1.4% 2.1%
Ghana C 2.6% 0.9% 0.9%
Mongolia B 2.2% 1.5% 4.7%
Singapore A 2.5% 2.1% 0.8%
Israel C 2.1% 1.8% 1.7%
Uruguay C 2.5% 1.7% 3.1%
Burkina Faso C 2.5% 1.7% 1.3%
El Salvador D 2.5% 2.4% 2.7%
Korea, Rep. A 2.5% 2.2% 2.3%
Portugal B 2.4% 1.7% 3.8%
Estonia A 1.9% 0.0% -2.4%
Czechia B 2.1% -0.1% 0.4%
Guatemala C 2.1% 2.2% 2.3%
Niger E 2.6% 2.5% 4.7%
Slovak Republic A 2.1% 1.2% 1.3%
Bahamas, The D 2.1% 3.8% 7.5%
Greece C 2.3% 3.5% 5.4%
Spain B 2.1% 1.3% 3.9%
Eswatini D 2.3% 3.1% 2.4%
Honduras E 1.9% 1.5% 2.1%
Nicaragua E 1.8% 3.2% 2.9%
Bolivia E 1.3% -0.1% 1.3%
Colombia B 1.4% 1.8% 2.2%
Denmark B 1.9% 1.8% 1.5%
Papua New Guinea E 0.8% -0.2% 2.4%
Uganda E 1.9% 1.4% 2.2%
Iceland C 1.5% 0.2% 2.3%
Kazakhstan D 1.5% 1.4% 2.6%
Kyrgyzstan D 1.9% 1.1% 4.1%
New Zealand A 1.4% 0.8% 0.5%
Thailand D 2.0% 0.5% 2.5%
United States A 1.7% 1.7% 1.9%
Cameroon E 1.3% 0.4% 1.2%
Paraguay D 1.5% 1.1% 1.6%
Central African Republic E 1.2% -0.6% -0.5%
Chile B 1.6% 1.8% 1.2%
Gambia E 2.4% 1.8% 3.0%
Mali E 1.1% -0.2% 1.0%
Netherlands B 1.3% 0.8% 0.8%
Belgium C 1.3% 1.1% 1.4%
Peru D 1.3% 0.8% 0.7%
Guinea-Bissau E 1.7% 0.6% 2.0%
Italy B 1.3% 1.4% 2.0%
Mexico C 1.1% 0.5% 2.2%
Mozambique D 0.8% 0.2% 2.0%
Sweden B 1.1% 0.9% 0.6%
Botswana D 0.7% 1.4% 1.8%
Hong Kong E 1.2% 0.9% 1.3%
Japan A 1.0% 0.7% 1.5%
Norway B 1.1% 0.8% 0.8%
Sri Lanka C 0.7% -2.5% -3.4%
Switzerland A 1.1% 0.9% 0.8%
Australia A 0.9% 1.0% 1.6%
Russia C 1.4% 2.0% 2.0%
United Kingdom A 0.8% 0.3% 1.1%
France A 0.9% 0.5% 1.3%
Oman C 0.7% -1.4% -3.0%
Belarus C 1.1% 1.8% 1.7%
Germany B 0.6% -0.1% 0.1%
Jamaica D 0.9% 0.7% 3.1%
Saudi Arabia C 0.7% -0.2% 0.6%
Tunisia D 0.7% -0.5% 0.9%
Finland B 0.7% -0.1% -0.3%
Canada A 0.5% 0.3% 0.9%
Mauritania E 0.6% 0.3% 2.3%
Zimbabwe E 0.6% 1.4% 3.0%
Malawi D 0.1% -1.0% -1.1%
Zambia E 0.2% 0.3% 1.2%
Algeria C 0.4% 0.4% 2.3%
Austria B 0.4% -0.2% 0.6%
Azerbaijan D 0.6% 1.7% 2.8%
South Africa C 0.3% -0.9% -0.2%
Bahrain D 0.3% 0.2% 1.3%
Comoros D 0.5% 0.2% 1.0%
Madagascar E 0.5% -0.3% 1.6%
Luxembourg C 0.2% 0.0% -1.1%
Brazil B 0.3% 1.9% 2.9%
United Arab Emirates C 0.1% -0.2% 1.2%
Nigeria E -0.5% 0.1% 1.0%
Ecuador D -0.7% -0.4% 1.0%
Argentina C -0.5% 0.1% -0.3%
Gabon E -0.5% -0.6% 0.6%
Ukraine B 0.4% -0.1% -0.7%
Liberia E -0.4% 1.2% 2.7%
Namibia D -1.1% -0.7% 2.2%
Sierra Leone D -0.9% 0.4% 1.4%
Brunei D -0.6% -0.5% -0.1%
Lesotho E -1.1% -1.0% 0.8%
Trinidad and Tobago D -0.8% -1.2% 1.3%
Jordan C -0.5% 0.4% 1.0%
Haiti E -1.9% -3.4% -3.5%
Burundi E -1.5% -0.7% -0.4%
Qatar D -1.6% -0.6% -0.2%
Suriname D -1.8% -2.7% 1.7%
Chad E -2.5% -2.4% -1.1%
Yemen, Rep. E -2.7% -3.7% -3.3%
Congo, Rep. E -2.9% -1.7% 0.3%
Kuwait D -2.7% -2.5% -2.6%
Sudan E -4.4% -9.0% -12.8%
Angola E -3.0% -2.6% -1.1%
Lebanon E -2.2% -4.8% -0.9%
Afghanistan E -3.0% -5.7% -2.1%

See: Data for individual countries by using country lists




Note: Data for years shown use end of of year values.

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Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.




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LATVIA'S ECONOMICS
LATVIA'S DEMOGRAPHY
LATVIA'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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