Latvia GDP Annual Growth Rate: 1.6% (2023)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Latvia is estimated to be $33 Billion US dollars at the end of 2023.

The economy of Latvia has grown at an average annual growth rate of 1.5% in the last four years and is ranked the 30th largest economy in Europe, ahead of Bosnia and Herzegovina.

World Economics Rates Latvia's Offical GDP Data as Grade B

GDP Annual Growth Rate: Latvia


Source: World Bank, World Economics
0 0 0 Latvia|#FE1800|2.58801533086384, 8.83691278400258, 6.33593778412593, 2.7561742164455, 5.67574131186166, 6.32350815882813, 7.08812865691006, 8.42286220668569, 8.28414597787324, 10.7203659565649, 11.9718356939022, 9.941921627624, -3.24912072305602, -14.2601400377132, -4.455567259981, 2.57371236333377, 7.04224716054507, 2.00796687876637, 1.90217268380506, 3.88526005426763, 2.36861474664423, 3.31247593587459, 3.99185450470748, 2.56970388771063, -2.20298533825142, 4.06807386332741, 2.534, 1.608 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023,








 





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Economic Indicators: Latvia 2020 2021 2022 2023
GDP Annual Growth Rate (%) -2.2 4.1 2.5 1.6
GDP per Capita Annual Growth Rate (%) -1.5 4.9 2.5 1.6
Real GDP (US$ Billions, 2010) 30 31 32 33
Real GDP per Capita (US$, 2010) 15,826 16,610 16,877 17,449
Current GDP (Billions, US$) 35 40 40 42
Current GDP per Capita (US$) 18,207 21,148 21,488 22,216
Real GDP PPP (Billions, 2017) 58 60 62 63
Real GDP per Capita PPP (int$ 2017) 30,799 32,383 33,529 34,388
Data Quality Rating for Latvia See how much you can trust Latvia's GDP Data





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