The Gross Domestic Product per capita in Latvia was last recorded at 29932.49 US dollars in 2020, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 168 percent of the world's average. source: World Bank

GDP per capita PPP in Latvia averaged 18926.92 USD from 1990 until 2020, reaching an all time high of 30858.75 USD in 2019 and a record low of 7796 USD in 1993. This page provides the latest reported value for - Latvia GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP per capita PPP - values, historical data and charts - was last updated on July of 2021.

GDP per capita PPP in Latvia is expected to reach 30300.00 USD by the end of 2021, 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 31000.00 USD in 2022, according to our econometric models.

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Latvia GDP per capita PPP

Actual Previous Highest Lowest Dates Unit Frequency
29932.49 30858.75 30858.75 7796.00 1990 - 2020 USD Yearly
Constant 2017 International Dollars

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.70 1.10 6.90 -7.00 percent [+]
GDP Annual Growth Rate -1.30 -1.50 15.10 -15.60 percent [+]
GDP 33.51 34.06 50.87 4.50 USD Billion [+]
GDP Constant Prices 5927191.00 7225447.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 6609.00 8171.00 8171.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 1280864.00 2043946.00 2422885.00 92703.00 EUR Thousand [+]
GDP per capita 23060.68 23774.28 23774.28 5159.35 USD [+]
GDP per capita PPP 29932.49 30858.75 30858.75 7796.00 USD [+]
GDP From Agriculture 159856.00 173240.00 315956.00 82079.00 EUR Thousand [+]
GDP From Construction 235846.00 473007.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 699195.00 824005.00 824005.00 362912.00 EUR Thousand [+]
GDP From Mining 188700.00 174470.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 359620.00 631746.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 764712.00 1003126.00 1044348.00 187991.00 EUR Thousand [+]
GDP From Transport 445201.00 482990.00 639412.00 233137.00 EUR Thousand [+]


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