Latvia GDP: $72 Billion

GROSS DOMESTIC PRODUCT (REAL PPP IN 2021 PRICES)

Latvia GDP Forecast: $72 Billion in 2024, $73.7 Billion projected for 2025 (PPP).

GDP in Latvia is estimated to be $72 Billion international dollars at the end of 2024 in GDP PPP terms.

Looking ahead to 2025, projections suggest Latvia's 2025 GDP estimate could be $73.7 Billion. This Latvia GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 2.3%.

The economy of Latvia has grown at an average annual growth rate of 1.1% in the last four years and is ranked the 30th largest economy in Europe, ahead of Bosnia and Herzegovina.

See the full Latvia data sheet covering Economics, Demographics and ESG

Real GDP PPP (Int$): Latvia


Source: World Economics
Notes: 2021 Constant Prices (Int$)
0 0 0 Latvia|#FE1800|24255687436.6177, 24889385091.9487, 27332725330.0094, 29190765386.6402, 30040241395.618, 31820671006.0209, 33967071272.8374, 36569332965.1119, 39938716382.4277, 43573323820.3331, 48818031419.547, 55404581657.0774, 61568069652.6992, 59574488579.2103, 52149382921.4659, 49916402028.6623, 53264114824.5821, 55561141105.2473, 56885436492.0612, 57996173628.9787, 60287578070.6176, 61750202472.463, 63865739732.366, 66520242821.0974, 66913360408.3725, 64641969062.3485, 69307571289.3282, 71716139143.587, 71496687757.8076, 72328909203.3086 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, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Latvia 2021 2022 2023 2024
Real GDP PPP (Billions, 2017) 69 72 71 72
Real GDP per Capita PPP (int$ 2017) 32,383 33,529 34,388 34,623
Current GDP (Billions, US$) 38 38 42 43
Current GDP per Capita (US$) 20,263 20,229 22,503 22,891
Real GDP (US$ Billions, 2015) 30 31 31 32
Real GDP per Capita (US$, 2015) 16,071 16,407 16,704 16,992
GDP Annual Growth Rate (%) 6.9 1.8 1.7 1.2
GDP per Capita Annual Growth Rate (%) 7.9 2.1 1.8 1.7
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