GDP (IMF) — all countries

GDP (IMF) — Latvia

GDP (IMF) in Latvia in 2031 — 69.1 bn US$. Ranked 93 in the world out of 188. Since 1992, the indicator has risen by 4,112.8%.

2031 69.1 bn US$ +4.95% vs 2030
World rank 93of 188
Period maximum 69.1 bn US$2031
Period minimum 1.6 bn US$1992

Trend over time

1992–2031 · billion US$

GDP (IMF) — Latvia, 1992–2031020406080199219962000200420082012201620202024202820311992: 1.6 bn US$1993: 2.6 bn US$1994: 4.4 bn US$1995: 5.2 bn US$1996: 5.8 bn US$1997: 6.4 bn US$1998: 7 bn US$1999: 7.3 bn US$2000: 7.8 bn US$2001: 8.2 bn US$2002: 9.3 bn US$2003: 11.2 bn US$2004: 13.8 bn US$2005: 16.3 bn US$2006: 20.5 bn US$2007: 29.5 bn US$2008: 34.3 bn US$2009: 25.8 bn US$2010: 23.5 bn US$2011: 26.8 bn US$2012: 27.1 bn US$2013: 29.2 bn US$2014: 30.3 bn US$2015: 26.3 bn US$2016: 27.1 bn US$2017: 29.4 bn US$2018: 33.3 bn US$2019: 33.1 bn US$2020: 33.4 bn US$2021: 38.2 bn US$2022: 38 bn US$2023: 42.8 bn US$2024: 44 bn US$2025: 48.6 bn US$2026: 53.7 bn US$2027: 56.7 bn US$2028: 59.8 bn US$2029: 62.8 bn US$2030: 65.9 bn US$2031: 69.1 bn US$
Change over the period: +67.5 (+4,112.8%) Average annual rate: 10.07 %

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia 69.1 bn US$
World computed 157,296.9 bn US$
Europe & Central Asia computed 41,461.8 bn US$
Northern Europe computed 9,232.1 bn US$
High-income countries computed 97,822.5 bn US$
GDP (IMF) — Latvia, by year Latvia All countries CSV XLSX
Year bn US$ Change Change, %
2031 69.1 +3.3 +4.95%
2030 65.9 +3.1 +4.92%
2029 62.8 +3 +4.99%
2028 59.8 +3.1 +5.39%
2027 56.7 +3.1 +5.69%
2026 53.7 +5.1 +10.49%
2025 48.6 +4.6 +10.46%
2024 44 +1.2 +2.79%
2023 42.8 +4.8 +12.51%
2022 38 −0.2 −0.46%
2021 38.2 +4.9 +14.56%
2020 33.4 +0.3 +0.76%
2019 33.1 −0.2 −0.48%
2018 33.3 +3.9 +13.21%
2017 29.4 +2.3 +8.38%
2016 27.1 +0.8 +2.9%
2015 26.3 −3.9 −13%
2014 30.3 +1.1 +3.87%
2013 29.2 +2 +7.45%
2012 27.1 +0.3 +1.13%
2011 26.8 +3.3 +14.14%
2010 23.5 −2.2 −8.73%
2009 25.8 −8.5 −24.9%
2008 34.3 +4.8 +16.4%
2007 29.5 +9 +44.05%
2006 20.5 +4.1 +25.23%
2005 16.3 +2.5 +18.08%
2004 13.8 +2.6 +22.95%
2003 11.2 +2 +21.53%
2002 9.3 +1.1 +12.99%
2001 8.2 +0.4 +5.5%
2000 7.8 +0.4 +6.01%
1999 7.3 +0.3 +4.99%
1998 7 +0.6 +9.86%
1997 6.4 +0.6 +9.52%
1996 5.8 +0.6 +10.63%
1995 5.2 +0.9 +19.38%
1994 4.4 +1.7 +66.14%
1993 2.6 +1 +61.06%
1992 1.6

About the indicator

Gross domestic product in current prices, in billions of US dollars, from the IMF World Economic Outlook database. It differs from the World Bank series in the method of conversion into dollars and in that the most recent years are estimates while the next five are IMF projections. That makes the series convenient for planning, but part of the values are calculations rather than facts.

Important: Values for the current and following years are IMF estimates and projections; they are revised with every WEO release, in April and October.

Source: World Economic Outlook (IMF), license IMF open data.