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Latvia GDP Data: Value, Growth Rate, Per Capita and Structure

Latvia GDP Indicators

Indicator Data Period
GDP Value 38.87 USD Billion 2021
GDP Annual Growth Rate 2.9 % 2Q/22
GDP Growth Rate -1 % 2Q/22
GDP per capita 16406 USD 2021
GDP Constant Prices 7214555 EUR Thousand | 7.135 B USD 2Q/22
GDP per capita PPP 31689 USD 2021
GDP From Agriculture  285715 EUR Thousand | 0.283 B USD 2Q/22
GDP From Construction  310430 EUR Thousand | 0.307 B USD 2Q/22
GDP From Manufacturing  907682 EUR Thousand | 0.898 B USD 2Q/22
GDP From Mining  143311 EUR Thousand | 0.142 B USD 2Q/22
GDP From Public Administration  489047 EUR Thousand | 0.484 B USD 2Q/22
GDP From Services  898777 EUR Thousand | 0.889 B USD 2Q/22
GDP From Transport  540769 EUR Thousand | 0.535 B USD 2Q/22


Latest data on GDP Value (USD Billion)

GDP Value
                     Latvia - Historical Data (USD Billion)

What is Latvia GDP Value?

  • The volume of Gross Domestic Product in Latvia increased to 38.87 USD Billion in 2021. 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
38.87 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
31.35 2014 31.12.2014


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 (%)

GDP Annual Growth Rate
                     Latvia - Historical Data (%)

What is annual GDP growth rate in Latvia?

  • GDP Annual Growth Rate in Latvia increased by 2.9 % in the second quarter of 2022. 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
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
11.1 2Q/21 29.07.2021
-1.3 1Q/21 29.04.2021
-1.5 4Q/20 01.02.2021
-2.6 3Q/20 29.10.2020


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 (%)

GDP Growth Rate
                     Latvia - Historical Data (%)

What is Latvia GDP Growth Rate 2022?

  • GDP Growth Rate in Latvia decreased by 1 % in the second quarter of 2022 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
-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
4.4 2Q/21 29.07.2021
-1.7 1Q/21 29.04.2021
1.1 4Q/20 01.02.2021
7.1 3Q/20 29.10.2020


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)

GDP per capita
                     Latvia - Historical Data (USD)

What is Latvia GDP per capita?

  • GDP per capita in Latvia increased to 16406 USD in 2021. 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
16406 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
13816.95 2014 31.12.2014


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)

GDP Constant Prices
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP in Constant Prices?

  • Real GDP (Constant Prices) in Latvia increased to 7214555 EUR Thousand (7.135 B USD) in the second quarter of 2022. 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
7214555 2Q/22 31.08.2022
6304703 1Q/22 31.05.2022
7508687 4Q/21 28.02.2022
7446904 3Q/21 18.01.2022
7014726 2Q/21 31.08.2021
5927191 1Q/21 31.05.2021
7225447 4Q/20 26.02.2021
7029631 3Q/20 05.12.2020


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)

GDP per capita PPP
                     Latvia - Historical Data (USD)

What is Latvia GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Latvia increased to 31689 USD in 2021. 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
31689 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)

GDP From Agriculture 
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP From Agriculture?

  • GDP From Agriculture in Latvia increased to 285715 EUR Thousand (0.283 B USD) in the second quarter of 2022. 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
285715 2Q/22 31.08.2022
160367 1Q/22 31.05.2022
182078 4Q/21 28.02.2022
309023 3Q/21 18.01.2022
278766 2Q/21 31.08.2021
159856 1Q/21 31.05.2021
173240 4Q/20 26.02.2021
315956 3Q/20 05.12.2020


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)

GDP From Construction 
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP From Construction?

  • GDP from Construction in Latvia increased to 310430 EUR Thousand (0.307 B USD) in the second quarter of 2022. 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
310430 2Q/22 31.08.2022
200808 1Q/22 31.05.2022
408524 4Q/21 28.02.2022
472261 3Q/21 18.01.2022
373822 2Q/21 31.08.2021
235846 1Q/21 31.05.2021
473007 4Q/20 26.02.2021
487824 3Q/20 05.12.2020


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)

GDP From Manufacturing 
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP From Manufacturing?

  • GDP from Manufacturing in Latvia remained unchanged at 907682 EUR Thousand (0.898 B USD) in the second quarter of 2022. 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
907682 2Q/22 31.08.2022
768825 1Q/22 31.05.2022
880529 4Q/21 28.02.2022
870577 3Q/21 18.01.2022
845421 2Q/21 31.08.2021
699195 1Q/21 31.05.2021
824005 4Q/20 26.02.2021
796540 3Q/20 05.12.2020


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)

GDP From Mining 
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP From Mining?

  • GDP from Mining  in Latvia decreased to 143311 EUR Thousand (0.142 B USD) in the second quarter of 2022. 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
143311 2Q/22 31.08.2022
173572 1Q/22 31.05.2022
171855 4Q/21 28.02.2022
143624 3Q/21 18.01.2022
154471 2Q/21 31.08.2021
188700 1Q/21 31.05.2021
174470 4Q/20 26.02.2021
143854 3Q/20 05.12.2020


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)

GDP From Public Administration 
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP From Public Administration?

  • GDP from Public Administration  in Latvia increased to 489047 EUR Thousand (0.484 B USD) in the second quarter of 2022. 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
489047 2Q/22 31.08.2022
367672 1Q/22 31.05.2022
666774 4Q/21 28.02.2022
457135 3Q/21 18.01.2022
470778 2Q/21 31.08.2021
359620 1Q/21 31.05.2021
631746 4Q/20 26.02.2021
445992 3Q/20 05.12.2020


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)

GDP From Services 
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP From Services?

  • GDP from Services  in Latvia increased to 898777 EUR Thousand (0.889 B USD) in the second quarter of 2022. 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
898777 2Q/22 31.08.2022
836260 1Q/22 31.05.2022
1090604 4Q/21 28.02.2022
1135766 3Q/21 18.01.2022
948518 2Q/21 31.08.2021
764712 1Q/21 31.05.2021
1003126 4Q/20 26.02.2021
1044348 3Q/20 05.12.2020


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)

GDP From Transport 
                     Latvia - Historical Data (EUR Thousand)

What is Latvia GDP From Transport?

  • GDP from Transport  in Latvia increased to 540769 EUR Thousand (0.535 B USD) in the second quarter of 2022. 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
540769 2Q/22 31.08.2022
454551 1Q/22 31.05.2022
588818 4Q/21 28.02.2022
617325 3Q/21 18.01.2022
498011 2Q/21 31.08.2021
445201 1Q/21 31.05.2021
482990 4Q/20 26.02.2021
516018 3Q/20 05.12.2020


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/22 9.228 B USD 7.798

GDP Value in other countries

Country Updated Actual Previous
Austria 2021 477 B USD 433
Ireland 2021 499 B USD 426
Luxembourg 2021 86.71 B USD 73.35
Spain 2021 1425 B USD 1281
Iceland 2021 25.46 B USD 21.72
Norway 2021 482 B USD 362
Belarus 2021 68.22 B USD 61.49
Belgium 2021 600 B USD 522
Bulgaria 2021 80.27 B USD 69.89
Croatia 2021 67.84 B USD 57.2
Cyprus 2021 27.72 B USD 24.69
Czech Republic 2021 282 B USD 245
Denmark 2021 397 B USD 356
Estonia 2021 36.26 B USD 30.65
Euro Area 2021 14493 B USD 13027
European Union 2021 17089 B USD 15300
Finland 2021 299 B USD 272
France 2021 2937 B USD 2630
Germany 2021 4223 B USD 3846
Greece 2021 216 B USD 189
Hungary 2021 182 B USD 157
Italy 2021 2100 B USD 1893
Latvia 2021 38.87 B USD 33.65
Lithuania 2021 65.5 B USD 56.55
Macedonia 2021 13.88 B USD 12.12
Malta 2021 17.19 B USD 14.92
Moldova 2021 13.68 B USD 11.86
Montenegro 2021 5.81 B USD 4.78
Netherlands 2021 1018 B USD 914
Poland 2021 674 B USD 597
Portugal 2021 250 B USD 229
Romania 2021 284 B USD 250
Russia 2021 1776 B USD 1488
Serbia 2021 63.07 B USD 53.34
Slovakia 2021 115 B USD 105
Slovenia 2021 61.53 B USD 53.59
Sweden 2021 627 B USD 541
Switzerland 2021 813 B USD 752
Turkey 2021 815 B USD 720
Ukraine 2021 200 B USD 157
United Kingdom 2021 3187 B USD 2757
Monaco 2020 6.82 B USD 7.38
Liechtenstein 2016 6.21 B USD 6.27
Albania 2021 18.26 B USD 15.13
Bosnia and Herzegovina 2021 22.57 B USD 19.96
Kosovo 2021 9.01 B USD 7.72