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Latvia GDP Annual Growth Rate: -3.6% (2020)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Latvia is estimated to be $31 Billion US dollars at the end of 2020.

The economy of Latvia has grown at an average annual growth rate of 1.4% in the last four years and is ranked the 30th largest economy in Europe, ahead of Georgia.

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|1.86479516608111, 15.3318143242861, 10.6150699948088, 8.25111812453616, 2.15410556937883, -0.405521390084644, 10.9120615189911, -0.3671200405348, 1.54753669334686, 2.17707116683643, 5.11371771230506, -0.202708346464149, 26.4048810640381, 10.9800889486854, -13.5134975580721, 11.0491291637471, 21.8090349648921, 18.3168748891294, 2.89391877790509, -2.74477923989163, 0.694638145249684, 4.45720388912795, 1.98616535386753, 5.53489782585126, 2.61024933004863, 4.68485603650484, 0.729728220113415, 8.60191907869972, 5.79524440741098, 6.04547332985949, 6.9666071133075, 6.9563649569206, 3.50976647766818, 5.97987312755176, 3.29093854641435, 5.59703575933248, 3.70360359587892, 1.5376556395093, 0.476025102065122, 3.8755468142558, 3.56158219085148, 0.723835961487325, 4.55977681130346, 1.69237420642219, 3.46612248144243, 4.23009485409366, 4.83296373442199, 6.73953359928009, 2.15430834113515, 0.824824787773522, 5.35515495288163, 6.74362678179116, 4.18691250056682, 2.88396879096646, 2.65014385329316, 2.37292412754951, 3.2507202900895, 4.02431104454983, 2.02711321974512, -3.62368391569032 1961, 1962, 1963, 1964, 1965, 1966, 1967, 1968, 1969, 1970, 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 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,








 





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Economic Indicators: Latvia 2017 2018 2019 2020
GDP Annual Growth Rate (%) 3.3 4.0 2.0 -3.6
GDP per Capita Annual Growth Rate (%) 4.2 4.8 2.7 -3.0
Real GDP (US$ Billions, 2010) 30 31 32 31
Real GDP per Capita (US$, 2010) 15,508 16,258 16,703 16,202
Current GDP (Billions, US$) 30 34 34 34
Current GDP per Capita (US$) 15,643 17,850 17,794 17,620
Real GDP PPP (Billions, 2017) 55 58 59 57
Real GDP per Capita PPP (int$ 2017) 28,360 29,922 30,928 30,176
Data Quality Rating for Latvia See how much you can trust Latvia's GDP Data





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