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Latvia  

GDP Latvia 2016

GDP grows 2% in Latvia

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 €25,018$26,957 million, Latvia is number 101 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Latvia rose €650$4,346 million with respect to 2015.

The GDP per capita of Latvia in 2016 was €12,800$13,573, €500$2,067 higher than in 2015, it was €12,300$15,640. 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$7,525.

If we order the countries according to their GDP per capita, Latvia is in 52th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Latvia. You can see GDP in other countries in GDP and see all the economic information about Latvia in Latvia's economy.

Latvia GDP 2016: Quaterly GDP evolution
DateQuat. GDP Mill.€Quat. GDP Mill.$Quat. GDP Growth (%)Annual Change
< Latvia GDP 2015
2016Q46,351M.€5,887M.$1.1%2.2%
2016Q36,249M.€5,487M.$0.3%0.5%
2016Q26,205M.€6,990M.$0.6%1.0%
2016Q16,157M.€6,783M.$0.2%1.5%
2016 Quaterly GDP Per Capita
DateQu. GDP Per CapitaQuat. ChangeAnnual Change
< Latvia GDP 2015
2016Q43,226€1.6%3.7%
2016Q33,174€-0.5%-0.6%
2016Q23,151€0.6%1.6%
2016Q13,127€0.5%2.7%
Countries GDP : GDP annual comparison
DateGDP Mill. €GDP Mill.$GDP Growth (%)
201625,018M.€2.0%
201524,368M.€26,957M.$2.7%
201423,631M.€31,303M.$2.1%
201322,829M.€30,199M.$2.6%
201222,058M.€28,055M.$4.0%
201120,202M.€28,414M.$6.4%
201017,789M.€23,787M.$-3.8%
200918,749M.€26,213M.$-14.3%
200824,355M.€35,709M.$-3.6%
200722,679M.€30,892M.$9.9%
200617,264M.€21,430M.$11.9%
200513,726M.€16,930M.$10.7%
200411,673M.€14,363M.$8.3%
200310,479M.€11,740M.$8.4%
200210,158M.€9,545M.$7.1%
20019,361M.€8,348M.$6.5%
20008,610M.€7,945M.$5.4%
19997,046M.€7,531M.$2.6%
19986,410M.€7,175M.$6.5%
19975,749M.€6,524M.$9.0%
19964,700M.€5,967M.$2.4%
19954,137M.€5,407M.$-0.9%
19943,407M.€4,530M.$2.2%
19932,048M.€2,726M.$-11.4%
19921,242M.€1,693M.$-32.1%
1991226M.€6,756M.$-12.6%
199098M.€7,447M.$
19897,690M.$
19886,827M.$
19875,716M.$
Latvia GDP Annual Per Capita Evolution
DateGDP per capita GDP per capita Annual ChangeAnnual Change
201612,800€4.1%
201512,300€13,573$4.2%-13.0%
201411,800€15,640$4.4%4.8%
201311,300€14,922$4.6%8.9%
201210,800€13,720$10.2%0.1%
20119,800€13,696$15.3%22.1%
20108,500€11,218$-2.3%-7.4%
20098,800€12,120$-22.3%-25.6%
200811,200€16,292$8.7%16.5%
200710,300€13,986$32.1%45.4%
20067,800€9,619$27.9%27.8%
20056,100€7,525$17.3%19.3%
20045,200€6,309$13.0%23.6%
20034,600€5,106$4.6%24.2%
20024,400€4,112$10.0%15.9%
20014,000€3,547$11.1%6.3%
20003,600€3,336$24.1%6.3%
19992,900€3,139$7.4%5.9%
19982,700€2,964$12.5%11.1%
19972,400€2,668$26.3%10.4%
19961,900€2,416$11.8%11.7%
19951,700€2,162$21.4%25.4%
19941,400€1,724$75.0%68.7%
1993800€1,022$60.0%61.5%
1992500€633$484.7%-75.3%
199186€2,556$130.9%-8.8%
199037€2,802$-2.8%
19892,882$12.6%
19882,561$18.3%
19872,164$
Latvia GDP Growth rate evolución
Latvia GDP Per capita evolución
Latvia GDP