GDP per capita growth — all countries

GDP per capita growth — Latvia

GDP per capita growth in Latvia in 2025 — 3.15%. Ranked 69 in the world out of 186. Since 1991, the indicator has risen by 15.33 pp.

2025 3.15% +2.25 pp vs 2024
World rank 69of 186
Period maximum 13.86%2006
Period minimum -31.18%1992

Trend over time

1991–2025 · % per year

GDP per capita growth — Latvia, 1991–2025-40-2002019911995199920032007201120152019202320251991: -12.18%1992: -31.18%1993: -3.09%1994: 3.91%1995: 0.48%1996: 3.46%1997: 10.27%1998: 7.56%1999: 3.66%2000: 6.87%2001: 7.84%2002: 8.92%2003: 9.48%2004: 9.92%2005: 12.83%2006: 13.86%2007: 11.32%2008: -2.37%2009: -14.64%2010: -1.64%2011: 4.93%2012: 8.64%2013: 3.2%2014: 3.06%2015: 4.64%2016: 3.49%2017: 4.32%2018: 5.13%2019: 1.38%2020: -2.79%2021: 7.85%2022: 2.19%2023: -1.17%2024: 0.9%2025: 3.15%
Change over the period: +15.33 pp Annual average: 0.45 pp

Comparison, 2025

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

Latvia 3.15%
World 1.99%
Northern Europe computed 2.09%
High-income countries computed 1.38%
GDP per capita growth — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2025 3.15 +2.25 pp
2024 0.9 +2.07 pp
2023 -1.17 −3.35 pp
2022 2.19 −5.66 pp
2021 7.85 +10.64 pp
2020 -2.79 −4.17 pp
2019 1.38 −3.75 pp
2018 5.13 +0.81 pp
2017 4.32 +0.83 pp
2016 3.49 −1.14 pp
2015 4.64 +1.58 pp
2014 3.06 −0.13 pp
2013 3.2 −5.45 pp
2012 8.64 +3.71 pp
2011 4.93 +6.56 pp
2010 -1.64 +13.01 pp
2009 -14.64 −12.27 pp
2008 -2.37 −13.69 pp
2007 11.32 −2.55 pp
2006 13.86 +1.04 pp
2005 12.83 +2.91 pp
2004 9.92 +0.44 pp
2003 9.48 +0.56 pp
2002 8.92 +1.08 pp
2001 7.84 +0.98 pp
2000 6.87 +3.21 pp
1999 3.66 −3.9 pp
1998 7.56 −2.71 pp
1997 10.27 +6.81 pp
1996 3.46 +2.98 pp
1995 0.48 −3.44 pp
1994 3.91 +7.01 pp
1993 -3.09 +28.09 pp
1992 -31.18 −19 pp
1991 -12.18

About the indicator

The annual growth of gross domestic product per person in constant prices. It differs from ordinary GDP growth by the rate of population growth, and in countries with fast-growing populations the difference runs to two or three percentage points a year — enough for brisk economic growth to mean stagnant income per person. It is this indicator, not GDP growth, that matches the everyday question of whether life has become better.

Important: It can be negative while GDP growth is positive — in that case the population is growing faster than the economy.

Source: World Development Indicators (World Bank), license CC BY 4.0.