The Gross Domestic Product per capita in Latvia was last recorded at 16697.69 US dollars in 2019. The GDP per Capita in Latvia is equivalent to 132 percent of the world's average.

GDP per capita in Latvia averaged 10937.96 USD from 1995 until 2019, reaching an all time high of 16697.69 USD in 2019 and a record low of 5140.98 USD in 1995. This page provides the latest reported value for - Latvia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP per capita - values, historical data and charts - was last updated on October of 2020. source: World Bank

GDP per capita in Latvia is expected to reach 14500.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP per capita is projected to trend around 16100.00 USD in 2021 and 16700.00 USD in 2022, according to our econometric models.

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Latvia GDP per capita

Actual Previous Highest Lowest Dates Unit Frequency
16697.69 16216.70 16697.69 5140.98 1995 - 2019 USD Yearly
Constant 2010 USD

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -6.50 -2.90 6.50 -6.50 percent [+]
GDP Annual Growth Rate -8.90 -1.50 15.10 -15.60 percent [+]
GDP 34.12 34.31 35.66 4.50 USD Billion [+]
GDP Constant Prices 6290947.00 5974893.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 6915.00 6990.00 7818.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 1561647.00 1378555.00 2422885.00 92703.00 EUR Thousand [+]
GDP per capita 16697.69 16216.70 16697.69 5140.98 USD [+]
GDP per capita PPP 30830.10 29942.00 30830.10 7796.00 USD [+]
GDP From Agriculture 281465.00 169757.00 306211.00 82079.00 EUR Thousand [+]
GDP From Construction 382030.00 273389.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 700864.00 662374.00 768025.00 362912.00 EUR Thousand [+]
GDP From Mining 175562.00 223650.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 452195.00 351751.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 795966.00 735696.00 978914.00 187991.00 EUR Thousand [+]
GDP From Transport 402065.00 467213.00 639412.00 233137.00 EUR Thousand [+]


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.