The Gross Domestic Product per capita in Latvia was last recorded at 16405.70 US dollars in 2018. The GDP per Capita in Latvia is equivalent to 130 percent of the world's average. GDP per capita in Latvia averaged 10463.22 USD from 1994 until 2018, reaching an all time high of 16405.70 USD in 2018 and a record low of 5140.53 USD in 1995.
GDP per capita in Latvia is expected to be 16950.00 USD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP per capita is projected to trend around 19300.00 USD in 2020, according to our econometric models.