Gross Domestic Product of Latvia grew 2% in 2016 compared to last year . This rate is 7-tenths of one percent less than the figure of 2.7% published in 2015.
The GDP figure in 2016 was €25,021$27,684 million, Latvia is number 100 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Latvia rose €653$644 million with respect to 2015.
The GDP per capita of Latvia in 2016 was €12,800$14,060, €500$446 higher than in 2015, it was €12,300$13,614. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2006 when the GDP per capita in Latvia was €7,800$9,635.
If we order the countries according to their GDP per capita, Latvia is in 56th position of the 196 countries whose GDP we publish.