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GDP Latvia 2015

GDP grows 3.9% in Latvia

Gross Domestic Product of Latvia grew 3.9% in 2015 compared to last year. This rate is 20 -tenths of one percent higher than the figure of 1.9% published in 2014.

The GDP figure in 2015 was €24,572$27,266 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 €946$4,129 million with respect to 2014.

The GDP per capita of Latvia in 2015 was €12,430$13,728, €580$1,958 higher than in 2014, it was €11,850$15,686. 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 2005 when the GDP per capita in Latvia was €6,160$7,570.

If we order the countries according to their GDP per capita, Latvia is in 56th 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.

Quarterly GDP at market prices 2015
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2015Q4€6,181M$6,770M-0.3%3.6%
2015Q3€6,201M$6,894M0.9%4.3%
2015Q2€6,150M$6,799M1.4%4.0%
2015Q1€6,042M$6,805M1.7%3.0%
< GDP Latvia 2014GDP Latvia 2016 >
Quaterly GDP Per Capita 2015
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2015Q43,139K0.6%4.0%$3,438-8.9%-0.9%
2015Q33,122K0.8%5.5%$3,471-11.5%1.4%
2015Q23,097K1.8%5.4%$3,423-15.0%-0.1%
2015Q13,042K0.8%1.4%$3,426-14.5%-9.2%
< GDP Latvia 2014GDP Latvia 2016 >
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
2015€24,572M$27,266M3.9%
2014€23,626M$31,395M1.9%
2013€22,791M$30,210M2.0%
2012€22,098M$28,191M7.0%
2011€19,666M$27,740M2.6%
2010€17,938M$23,998M-4.5%
2009€18,922M$26,480M-14.3%
2008€24,532M$36,023M-3.2%
2007€22,792M$31,100M9.9%
2006€17,363M$21,589M12.0%
2005€13,792M$17,030M10.7%
2004€11,724M$14,440M8.3%
2003€10,500M$11,777M8.4%
2002€10,169M$9,564M7.1%
2001€9,374M$8,363M6.3%
2000€8,632M$7,963M5.7%
1999€7,047M$7,535M2.8%
1998€6,402M$7,169M6.3%
1997€5,751M$6,529M8.8%
1996€4,704M$5,975M2.6%
1995€4,137M$5,411M-0.9%
1994€3,407M$4,533M2.2%
1993€2,048M$2,728M-11.4%
1992€1,242M$1,694M-32.1%
1991€226M$6,756M-12.6%
1990€98M$7,447M
1989$7,690M
1988$6,827M
1987$5,716M
Evolution: GDP per capita Latvia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2015€12,430$13,7284.9%-12.5%
2014€11,850$15,6864.7%5.1%
2013€11,320$14,9274.1%8.3%
2012€10,870$13,78713.8%3.1%
2011€9,550$13,37111.7%18.2%
2010€8,550$11,317-3.2%-7.6%
2009€8,830$12,243-21.6%-25.5%
2008€11,260$16,4358.8%16.7%
2007€10,350$14,08032.2%45.3%
2006€7,830$9,69027.1%28.0%
2005€6,160$7,57018.9%19.3%
2004€5,180$6,34312.9%23.8%
2003€4,590$5,1224.3%24.3%
2002€4,400$4,1219.7%16.0%
2001€4,010$3,5549.9%6.3%
2000€3,650$3,34323.7%6.5%
1999€2,950$3,14110.9%6.1%
1998€2,660$2,96212.7%10.9%
1997€2,360$2,67023.6%10.4%
1996€1,910$2,42015.1%11.8%
1995€1,660$2,16418.6%25.4%
1994€1,400$1,72575.0%68.8%
1993€800$1,02260.0%61.5%
1992€500$633484.7%-75.2%
1991€86$2,556130.9%-8.8%
1990€37$2,802-2.8%
1989$2,88212.6%
1988$2,56118.3%
1987$2,164
Evolution: GDP growth rate at constant prices Latvia
Evolution: GDP per capita Latvia
GDP Latvia