The Gross Domestic Product per capita in Latvia was last recorded at 26437.43 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 149 percent of the world's average. GDP per capita PPP in Latvia averaged 15943.82 USD from 1990 until 2018, reaching an all time high of 26437.43 USD in 2018 and a record low of 7796 USD in 1993.
GDP per capita PPP in Latvia is expected to be 27300.00 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 PPP is projected to trend around 29000.00 USD in 2020, according to our econometric models.