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Latvia GDP

Latvia's GDP is $38.2B in 2021 — ranked #97 in the world, accounting for 0.04% of global GDP.

ISO: LVAWorld rank: #97Member of: European Union, OECD, Europe & Central Asia, High incomeSource: World Bank
$38.2B
GDP (2021)
$20,262
GDP per capita
0.04%
of world GDP

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Latvia GDP history (2015–2024), per capita, growth and world share. Excel and CSV.

Key figures

IndicatorValueYear
GDP (current US$)$38.2B2021
GDP per capita$20,2622021
GDP growth+6.9%2021
Population1.9M2021
World GDP rank#972021
Share of world GDP0.04%2021

GDP history

Year-by-year GDP data for Latvia.

$26.3B 2015 $27.1B 2016 $29.4B 2017 $33.2B 2018 $33.1B 2019 $33.4B 2020 $38.2B 2021 $38.0B 2022 $42.8B 2023 $43.7B 2024
YearGDPPer capitaGrowthRank% World
2024$43.7B$23,409-0.0%#1000.04%
2023$42.8B$22,710-0.9%#980.04%
2022$38.0B$20,221+1.9%#1020.04%
2021$38.2B$20,262+6.9%#970.04%
2020$33.4B$17,564-3.5%#1000.04%
2019$33.1B$17,295+0.7%#1030.04%
2018$33.2B$17,252+4.3%#1000.04%
2017$29.4B$15,132+3.4%#1020.04%
2016$27.1B$13,839+2.6%#1020.04%
2015$26.3B$13,322+3.8%#1030.03%

FAQ

What is the GDP of Latvia?

Latvia's GDP is $38.2B in 2021, ranking #97 in the world and making up 0.04% of global GDP.

What is Latvia's GDP per capita?

GDP per capita is $20,262.

What share of world GDP is Latvia?

Latvia accounts for 0.04% of world GDP in 2021.

About. Figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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