Gross national income — all countries

Gross national income — Latvia

Gross national income in Latvia in 2025 — 48,200,179,657 US$. Ranked 95 in the world out of 182. Since 1995, the indicator has risen by 753%.

2025 48.2B US$ +12.67% vs 2024
World rank 95of 182
Period maximum 48.2B US$2025
Period minimum 5.65B US$1995

Trend over time

1995–2025 · US$

Gross national income — Latvia, 1995–2025020B40B60B199519982001200420072010201320162019202220251995: 5,650,369,367 US$1996: 5,837,642,930 US$1997: 6,398,014,759 US$1998: 7,020,919,814 US$1999: 7,252,607,495 US$2000: 7,751,406,721 US$2001: 8,216,154,018 US$2002: 9,265,345,612 US$2003: 11,187,072,931 US$2004: 13,529,255,887 US$2005: 16,131,112,632 US$2006: 19,895,667,168 US$2007: 28,498,116,537 US$2008: 33,680,339,132 US$2009: 27,531,089,797 US$2010: 23,708,756,615 US$2011: 26,546,166,034 US$2012: 26,918,754,005 US$2013: 29,084,191,666 US$2014: 30,313,530,293 US$2015: 26,209,655,766 US$2016: 27,079,037,555 US$2017: 29,307,359,430 US$2018: 32,699,088,050 US$2019: 32,632,059,533 US$2020: 33,394,574,958 US$2021: 37,468,453,704 US$2022: 37,336,231,199 US$2023: 41,791,371,969 US$2024: 42,778,495,726 US$2025: 48,200,179,657 US$
Change over the period: +42.55B (+753.04%) Average annual rate: 7.41 %

Comparison, 2025

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

Latvia 48.2B US$
World 118T US$
Northern Europe computed 6.74T US$
High-income countries computed 74.49T US$
Gross national income — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2025 48.2B +5.42B +12.67%
2024 42.78B +987M +2.36%
2023 41.79B +4.46B +11.93%
2022 37.34B −132M −0.35%
2021 37.47B +4.07B +12.2%
2020 33.39B +763M +2.34%
2019 32.63B −67.03M −0.2%
2018 32.7B +3.39B +11.57%
2017 29.31B +2.23B +8.23%
2016 27.08B +869M +3.32%
2015 26.21B −4.1B −13.54%
2014 30.31B +1.23B +4.23%
2013 29.08B +2.17B +8.04%
2012 26.92B +373M +1.4%
2011 26.55B +2.84B +11.97%
2010 23.71B −3.82B −13.88%
2009 27.53B −6.15B −18.26%
2008 33.68B +5.18B +18.18%
2007 28.5B +8.6B +43.24%
2006 19.9B +3.76B +23.34%
2005 16.13B +2.6B +19.23%
2004 13.53B +2.34B +20.94%
2003 11.19B +1.92B +20.74%
2002 9.27B +1.05B +12.77%
2001 8.22B +465M +6%
2000 7.75B +499M +6.88%
1999 7.25B +232M +3.3%
1998 7.02B +623M +9.74%
1997 6.4B +560M +9.6%
1996 5.84B +187M +3.31%
1995 5.65B

About the indicator

Gross national income in current dollars: everything produced inside the country, plus the income its residents receive from abroad, minus the income non-residents receive inside it. This adjustment is exactly what separates GNI from GDP, and in most countries the difference is small, though not everywhere: in Ireland GNI is markedly below GDP because of the profits of foreign corporations, while in countries with large labor migration it is higher, on account of remittances and earnings abroad. It is by GNI per capita that the World Bank divides countries into income groups.

Important: The divergence from GDP is worth looking at as a pair: the difference itself is the net income from abroad.

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