Latvia GDP Data: Value, Growth Rate, Per Capita and Structure
Latvia GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 41.15 USD Billion | 2022 |
| GDP Annual Growth Rate | -0.5 % | 2Q/23 |
| GDP Growth Rate | -0.3 % | 2Q/23 |
| GDP per capita | 16947 USD | 2022 |
| GDP Constant Prices | 7232669 EUR Thousand | 7.673 B USD | 2Q/23 |
| GDP per capita PPP | 32733 USD | 2022 |
| GDP From Agriculture | 287583 EUR Thousand | 0.305 B USD | 2Q/23 |
| GDP From Construction | 318132 EUR Thousand | 0.338 B USD | 2Q/23 |
| GDP From Manufacturing | 846315 EUR Thousand | 0.898 B USD | 2Q/23 |
| GDP From Mining | 162738 EUR Thousand | 0.173 B USD | 2Q/23 |
| GDP From Public Administration | 483626 EUR Thousand | 0.513 B USD | 2Q/23 |
| GDP From Services | 919099 EUR Thousand | 0.975 B USD | 2Q/23 |
| GDP From Transport | 458174 EUR Thousand | 0.486 B USD | 2Q/23 |
- GDP
- Annual Growth
- Growth Rate
- per capita
- GDP CP
- per capita PPP
- Agriculture
- Construction
- Manufacturing
- Mining
- Public adm.
- Services
- Transport
Latest data on GDP Value (USD Billion)
What is Latvia GDP Value?
- The volume of Gross Domestic Product in Latvia increased to 41.15 USD Billion in 2022. The maximum volume was 50.87 USD Billion and minimum was 4.5 USD Billion.
- Data published Yearly by World Bank.
Historical Data (USD Billion) by years
Data
Period
Date
| 41.15 | 2022 | 30.06.2023 |
| 39.85 | 2021 | 06.07.2022 |
| 33.51 | 2020 | 02.07.2021 |
| 34.12 | 2019 | 06.03.2020 |
| 34.85 | 2018 | 04.07.2019 |
| 30.26 | 2017 | 05.07.2018 |
| 27 | 2016 | 19.06.2018 |
| 27.03 | 2015 | 31.12.2015 |
Historical Chart by presidents (USD Billion)
GDP Value in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Raimonds Vējonis | 08.07.2015 - | 27.6800 | 27.0000 | 27.6800 | 27.0000 | -2.46% |
| Guntis Ulmanis | 08.07.1993 - 08.07.1999 | 4.5000 | 5.1000 | 5.1000 | 4.5000 | 13.33% |
Latest data on GDP Annual Growth Rate (%)
What is annual GDP growth rate in Latvia?
- GDP Annual Growth Rate in Latvia decreased by 0.5 % in the second quarter of 2023. The maximum growth was 15.1 % and minimum was -15.6 %
- Data published Quarterly by Central Statistical Bureau.
Historical Data (%) by years
Data
Period
Date
| -0.5 | 2Q/23 | 28.07.2023 |
| 0.8 | 1Q/23 | 27.04.2023 |
| 0.3 | 4Q/22 | 30.01.2023 |
| -0.6 | 3Q/22 | 28.10.2022 |
| 2.9 | 2Q/22 | 28.07.2022 |
| 6.7 | 1Q/22 | 28.04.2022 |
| 3.5 | 4Q/21 | 28.01.2022 |
| 5.1 | 3Q/21 | 28.10.2021 |
Historical Chart by YoY presidents (%)
GDP Annual Growth Rate in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Raimonds Vējonis | 08.07.2015 - | 4.2000 | 4.2000 | 4.2000 | 4.2000 | 0.00% |
Latest data on GDP Growth Rate (%)
What is Latvia GDP Growth Rate 2025?
- GDP Growth Rate in Latvia decreased by 0.3 % in the second quarter of 2023 over the previous quarter. The maximum growth rate was 6.9 % and minimum was -7 %.
- Data published Quarterly by Central Statistical Bureau.
Historical Data (%) by years
Data
Period
Date
| -0.3 | 2Q/23 | 28.07.2023 |
| 0.6 | 1Q/23 | 27.04.2023 |
| 0 | 4Q/22 | 30.01.2023 |
| -1.7 | 3Q/22 | 28.10.2022 |
| -1 | 2Q/22 | 28.07.2022 |
| 3.6 | 1Q/22 | 28.04.2022 |
| -0.1 | 4Q/21 | 28.01.2022 |
| 0.6 | 3Q/21 | 28.10.2021 |
Historical Chart by QoQ presidents (%)
GDP Growth Rate in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Raimonds Vējonis | 08.07.2015 - | 1.6000 | 1.6000 | 1.6000 | 1.6000 | 0.00% |
| Guntis Ulmanis | 08.07.1993 - 08.07.1999 | -0.3000 | -0.7000 | -0.3000 | -1.7000 | 133.33% |
Latest data on GDP per capita (USD)
What is Latvia GDP per capita?
- GDP per capita in Latvia increased to 16947 USD in 2022. The maximum level was 23774 USD and minimum was 5159 USD.
- Data published Yearly by World Bank.
Historical Data (USD) by years
Data
Period
Date
| 16947 | 2022 | 30.06.2023 |
| 16610 | 2021 | 12.07.2022 |
| 15560 | 2020 | 02.07.2021 |
| 16698 | 2019 | 07.07.2020 |
| 16406 | 2018 | 04.07.2019 |
| 15553.33 | 2017 | 07.07.2018 |
| 14714.67 | 2016 | 11.08.2017 |
| 14308.34 | 2015 | 31.12.2015 |
Historical Chart by presidents (USD)
GDP per capita in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Raimonds Vējonis | 08.07.2015 - | 14714.6700 | 14714.6700 | 14714.6700 | 14714.6700 | 0.00% |
Latest data on GDP Constant Prices (EUR Thousand)
What is Latvia GDP in Constant Prices?
- Real GDP (Constant Prices) in Latvia increased to 7232669 EUR Thousand (7.673 B USD) in the second quarter of 2023. The maximum value was 7326935 EUR Thousand and minimum was 2504788 EUR Thousand.
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 7232669 | 2Q/23 | 31.08.2023 |
| 6453006 | 1Q/23 | 01.06.2023 |
| 7744814 | 4Q/22 | 28.02.2023 |
| 7437067 | 3Q/22 | 03.12.2022 |
| 7214555 | 2Q/22 | 31.08.2022 |
| 6304703 | 1Q/22 | 31.05.2022 |
| 7508687 | 4Q/21 | 28.02.2022 |
| 7446904 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP Constant Prices in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP per capita PPP (USD)
What is Latvia GDP per capita by purchasing power parity?
- GDP per capita PPP (purchasing power parity) in Latvia increased to 32733 USD in 2022. The maximum level was 30859 USD and minimum was 7796 USD.
- Data published Yearly by World Bank.
Historical Data (USD) by years
Data
Period
Date
| 32733 | 2022 | 30.06.2023 |
| 32081 | 2021 | 06.07.2022 |
| 29932 | 2020 | 02.07.2021 |
| 30830 | 2019 | 07.07.2020 |
| 26437 | 2018 | 29.10.2019 |
| 25064 | 2017 | 04.07.2019 |
Historical Chart by presidents (USD)
GDP per capita PPP in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP From Agriculture (EUR Thousand)
What is Latvia GDP From Agriculture?
- GDP From Agriculture in Latvia increased to 287583 EUR Thousand (0.305 B USD) in the second quarter of 2023. The maximum level was 315956 EUR Thousand and minimum was 82079 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 287583 | 2Q/23 | 31.08.2023 |
| 171703 | 1Q/23 | 01.06.2023 |
| 196707 | 4Q/22 | 28.02.2023 |
| 308777 | 3Q/22 | 03.12.2022 |
| 285715 | 2Q/22 | 31.08.2022 |
| 160367 | 1Q/22 | 31.05.2022 |
| 182078 | 4Q/21 | 28.02.2022 |
| 309023 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP From Agriculture in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP From Construction (EUR Thousand)
What is Latvia GDP From Construction?
- GDP from Construction in Latvia increased to 318132 EUR Thousand (0.338 B USD) in the second quarter of 2023. The maximum level was 720378 EUR Thousand and minimum was 106452 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 318132 | 2Q/23 | 31.08.2023 |
| 222242 | 1Q/23 | 01.06.2023 |
| 330281 | 4Q/22 | 28.02.2023 |
| 348099 | 3Q/22 | 03.12.2022 |
| 310430 | 2Q/22 | 31.08.2022 |
| 200808 | 1Q/22 | 31.05.2022 |
| 408524 | 4Q/21 | 28.02.2022 |
| 472261 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP From Construction in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP From Manufacturing (EUR Thousand)
What is Latvia GDP From Manufacturing?
- GDP from Manufacturing in Latvia remained unchanged at 846315 EUR Thousand (0.898 B USD) in the second quarter of 2023. The maximum volume was 824005 EUR Thousand and minimum was 362912 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 846315 | 2Q/23 | 31.08.2023 |
| 748142 | 1Q/23 | 01.06.2023 |
| 907226 | 4Q/22 | 28.02.2023 |
| 882575 | 3Q/22 | 03.12.2022 |
| 907682 | 2Q/22 | 31.08.2022 |
| 768825 | 1Q/22 | 31.05.2022 |
| 880529 | 4Q/21 | 28.02.2022 |
| 870577 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP From Manufacturing in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP From Mining (EUR Thousand)
What is Latvia GDP From Mining?
- GDP from Mining in Latvia decreased to 162738 EUR Thousand (0.173 B USD) in the second quarter of 2023. The maximum volume was 297376 EUR Thousand and minimum was 111912 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 162738 | 2Q/23 | 31.08.2023 |
| 202250 | 1Q/23 | 01.06.2023 |
| 191496 | 4Q/22 | 28.02.2023 |
| 151366 | 3Q/22 | 03.12.2022 |
| 143311 | 2Q/22 | 31.08.2022 |
| 173572 | 1Q/22 | 31.05.2022 |
| 171855 | 4Q/21 | 28.02.2022 |
| 143624 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP From Mining in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP From Public Administration (EUR Thousand)
What is Latvia GDP From Public Administration?
- GDP from Public Administration in Latvia increased to 483626 EUR Thousand (0.513 B USD) in the second quarter of 2023. The maximum level was 740699 EUR Thousand and minimum was 248834 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 483626 | 2Q/23 | 31.08.2023 |
| 390567 | 1Q/23 | 01.06.2023 |
| 694753 | 4Q/22 | 28.02.2023 |
| 466831 | 3Q/22 | 03.12.2022 |
| 489047 | 2Q/22 | 31.08.2022 |
| 367672 | 1Q/22 | 31.05.2022 |
| 666774 | 4Q/21 | 28.02.2022 |
| 457135 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP From Public Administration in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP From Services (EUR Thousand)
What is Latvia GDP From Services?
- GDP from Services in Latvia increased to 919099 EUR Thousand (0.975 B USD) in the second quarter of 2023. The maximum level was 1044348 EUR Thousand and minimum was 187991 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 919099 | 2Q/23 | 31.08.2023 |
| 782243 | 1Q/23 | 01.06.2023 |
| 1008708 | 4Q/22 | 28.02.2023 |
| 1064089 | 3Q/22 | 03.12.2022 |
| 898777 | 2Q/22 | 31.08.2022 |
| 836260 | 1Q/22 | 31.05.2022 |
| 1090604 | 4Q/21 | 28.02.2022 |
| 1135766 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP From Services in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Latest data on GDP From Transport (EUR Thousand)
What is Latvia GDP From Transport?
- GDP from Transport in Latvia increased to 458174 EUR Thousand (0.486 B USD) in the second quarter of 2023. The maximum level was 639412 EUR Thousand and minimum was 233137 EUR Thousand
- Data published Quarterly by Central Statistical Bureau.
Historical Data (EUR Thousand) by years
Data
Period
Date
| 458174 | 2Q/23 | 31.08.2023 |
| 426244 | 1Q/23 | 01.06.2023 |
| 545027 | 4Q/22 | 28.02.2023 |
| 594528 | 3Q/22 | 03.12.2022 |
| 540769 | 2Q/22 | 31.08.2022 |
| 454551 | 1Q/22 | 31.05.2022 |
| 588818 | 4Q/21 | 28.02.2022 |
| 617325 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (EUR Thousand)
GDP From Transport in Latvia by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other gdp indicators in Latvia
| Index | Updated | Actual | Previous |
| Gross National Product | 2Q/23 | 10.443 B USD | 9.393 |
GDP Value in other countries
| Country | Updated | Actual | Previous |
| Austria | 2022 | 471 B USD | 480 |
| Ireland | 2022 | 529 B USD | 504 |
| Luxembourg | 2022 | 82.27 B USD | 85.51 |
| Spain | 2022 | 1398 B USD | 1427 |
| Iceland | 2022 | 27.84 B USD | 25.55 |
| Norway | 2022 | 579 B USD | 490 |
| Belarus | 2022 | 72.79 B USD | 69.67 |
| Belgium | 2022 | 579 B USD | 594 |
| Bulgaria | 2022 | 89.04 B USD | 84.06 |
| Croatia | 2022 | 70.96 B USD | 68.84 |
| Cyprus | 2022 | 28.44 B USD | 28.41 |
| Czech Republic | 2022 | 291 B USD | 282 |
| Denmark | 2022 | 395 B USD | 398 |
| Estonia | 2022 | 38.1 B USD | 37.19 |
| Euro Area | 2022 | 14041 B USD | 14571 |
| European Union | 2022 | 16641 B USD | 17188 |
| Finland | 2022 | 281 B USD | 296 |
| France | 2022 | 2783 B USD | 2958 |
| Germany | 2022 | 4072 B USD | 4260 |
| Greece | 2022 | 219 B USD | 215 |
| Hungary | 2022 | 179 B USD | 182 |
| Italy | 2022 | 2010 B USD | 2114 |
| Latvia | 2022 | 41.15 B USD | 39.73 |
| Lithuania | 2022 | 70.33 B USD | 66.41 |
| Macedonia | 2022 | 13.56 B USD | 13.83 |
| Malta | 2022 | 17.77 B USD | 17.74 |
| Moldova | 2022 | 14.42 B USD | 13.69 |
| Montenegro | 2022 | 6.1 B USD | 5.86 |
| Netherlands | 2022 | 991 B USD | 1012 |
| Poland | 2022 | 688 B USD | 679 |
| Portugal | 2022 | 252 B USD | 254 |
| Romania | 2022 | 301 B USD | 285 |
| Russia | 2022 | 2240 B USD | 1837 |
| Serbia | 2022 | 63.5 B USD | 63.08 |
| Slovakia | 2022 | 115 B USD | 119 |
| Slovenia | 2022 | 62.12 B USD | 61.75 |
| Sweden | 2022 | 586 B USD | 637 |
| Switzerland | 2022 | 808 B USD | 801 |
| Turkey | 2022 | 906 B USD | 819 |
| Ukraine | 2022 | 160 B USD | 200 |
| United Kingdom | 2022 | 3071 B USD | 3122 |
| Monaco | 2021 | 8.6 B USD | 6.74 |
| Liechtenstein | 2016 | 6.21 B USD | 6.27 |
| Albania | 2022 | 18.88 B USD | 17.93 |
| Bosnia and Herzegovina | 2022 | 24.53 B USD | 23.65 |
| Kosovo | 2022 | 9.43 B USD | 9.41 |
