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. source: World Bank

GDP per capita in Latvia is expected to be 18500.00 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 20100.00 USD in 2020, according to our econometric models.

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Latvia GDP per capita

Actual Previous Highest Lowest Dates Unit Frequency
16405.70 15532.20 16405.70 5140.53 1994 - 2018 USD Yearly
Constant 2010 USD

Latvia GDP per capita
The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population.

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.80 6.40 -6.10 percent [+]
GDP Annual Growth Rate 2.90 1.80 13.90 -16.20 percent [+]
GDP 34.85 30.46 35.60 4.50 USD Billion [+]
GDP Constant Prices 7214265.00 6924668.00 7263013.00 2207929.00 EUR Thousand [+]
Gross National Product 7972.00 7624.00 7972.00 946.00 EUR Million [+]
Gross Fixed Capital Formation 1980465.00 1598358.00 2402613.00 95826.00 EUR Thousand [+]
GDP per capita 16405.70 15532.20 16405.70 5140.53 USD [+]
GDP per capita PPP 26437.43 25029.79 26437.43 7796.00 USD [+]
GDP From Agriculture 292180.00 288874.00 292180.00 75144.00 EUR Thousand [+]
GDP From Construction 525104.00 364249.00 631870.00 92913.00 EUR Thousand [+]
GDP From Manufacturing 756393.00 753275.00 756393.00 333749.00 EUR Thousand [+]
GDP From Mining 196020.00 186710.00 253926.00 96547.00 EUR Thousand [+]
GDP From Public Administration 440316.00 448875.00 616052.00 182541.00 EUR Thousand [+]
GDP From Services 980050.00 876708.00 980050.00 181772.00 EUR Thousand [+]
GDP From Transport 606165.00 547795.00 641059.00 228683.00 EUR Thousand [+]