GDP per capita — all countries

GDP per capita — Latvia

GDP per capita in Latvia in 2025 — 26,312 US$. Ranked 48 in the world out of 186. Since 1995, the indicator has risen by 1,065.9%.

2025 26,312 US$ +11.59% vs 2024
World rank 48of 186
Period maximum 26,312 US$2025
Period minimum 2,257 US$1995

Trend over time

1995–2025 · US$ per capita

GDP per capita — Latvia, 1995–2025010,00020,00030,000199519982001200420072010201320162019202220251995: 2,257 US$1996: 2,360 US$1997: 2,610 US$1998: 2,894 US$1999: 3,064 US$2000: 3,278 US$2001: 3,505 US$2002: 4,004 US$2003: 4,915 US$2004: 6,110 US$2005: 7,284 US$2006: 9,212 US$2007: 13,371 US$2008: 15,678 US$2009: 11,996 US$2010: 11,188 US$2011: 12,903 US$2012: 13,329 US$2013: 14,484 US$2014: 15,186 US$2015: 13,322 US$2016: 13,839 US$2017: 15,132 US$2018: 17,252 US$2019: 17,295 US$2020: 17,564 US$2021: 20,262 US$2022: 20,221 US$2023: 22,710 US$2024: 23,579 US$2025: 26,312 US$
Change over the period: +24,055 (+1,065.91%) Average annual rate: 8.53 %

Comparison, 2025

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

Latvia 26,312 US$
World 14,406 US$
Northern Europe computed 63,414 US$
High-income countries computed 54,531 US$
GDP per capita — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2025 26,312 +2,733 +11.59%
2024 23,579 +869 +3.83%
2023 22,710 +2,489 +12.31%
2022 20,221 −41 −0.2%
2021 20,262 +2,698 +15.36%
2020 17,564 +269 +1.56%
2019 17,295 +43 +0.25%
2018 17,252 +2,120 +14.01%
2017 15,132 +1,294 +9.35%
2016 13,839 +517 +3.88%
2015 13,322 −1,864 −12.27%
2014 15,186 +701 +4.84%
2013 14,484 +1,155 +8.67%
2012 13,329 +427 +3.31%
2011 12,903 +1,714 +15.32%
2010 11,188 −808 −6.73%
2009 11,996 −3,682 −23.48%
2008 15,678 +2,307 +17.25%
2007 13,371 +4,159 +45.15%
2006 9,212 +1,928 +26.47%
2005 7,284 +1,174 +19.22%
2004 6,110 +1,195 +24.32%
2003 4,915 +911 +22.75%
2002 4,004 +499 +14.24%
2001 3,505 +226 +6.91%
2000 3,278 +214 +6.99%
1999 3,064 +170 +5.88%
1998 2,894 +284 +10.88%
1997 2,610 +250 +10.58%
1996 2,360 +103 +4.58%
1995 2,257

About the indicator

Gross domestic product divided by the mid-year population, in current US dollars. This is the most widely used indicator of the level of economic development. It does not account for price differences between countries — measured by nominal GDP per capita, expensive countries look richer than they do at purchasing power parity — and it says nothing about how income is distributed within a country.

Important: The aggregate for a group of countries is its total GDP divided by its total population, not an average of country values: a country counts in it in proportion to its population and its output.

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