Latvia Latvia GDP - Gross Domestic Product

Subscribe to our free email alert service

GDP Latvia first quarter of 2021

GDP in Latvia dropped 1.7% in first quarter

Gross Domestic Product of Latvia fell 1.7 in the first quarter of 2021 compared to the previous quarter. This rate is 28 -tenths of one percent less than in the previous quarter, when changed 1.1%.

The year-on-year change in GDP was -1.2%, 6 -tenths of one percent more than the -1.8% recorded in the forth quarter of 2020.

The GDP figure in the first quarter of 2021 was €7,610$6,316 million, Latvia is number 47 in the ranking of quarterly GDP of the 51 countries that we publish.

Latvia has a quarterly GDP per capita, of €3,989$3,989, €44 $44 higher than the same quarter last year, it was .

If we order the countries according to their GDP per capita, Latvia is in 33th position. According to this parameter, its population has a low level of affluence compare to the 51 countries whose quarterly 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 2021
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2021Q17,610M.€6,316M.$-1.7%-1.2%
< GDP Latvia 2020
Quaterly GDP Per Capita 2021
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2021Q13,989€1.0%1.1%3,311$-7.5%0%
< GDP Latvia 2020
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
202029,334M.€33,478M.$-3.6%
201930,421M.€34,059M.$2.0%
201829,143M.€34,432M.$4.0%
201726,962M.€30,448M.$3.3%
201625,360M.€28,064M.$2.4%
201524,561M.€27,253M.$4.0%
201423,614M.€31,379M.$1.1%
201322,966M.€30,442M.$2.3%
201222,219M.€28,346M.$4.3%
201120,311M.€28,649M.$6.5%
201017,873M.€23,911M.$-4.4%
200918,855M.€26,386M.$-14.3%
200824,465M.€35,924M.$-3.3%
200722,755M.€31,050M.$10.0%
200617,321M.€21,536M.$12.0%
200513,756M.€16,986M.$10.7%
200411,697M.€14,406M.$8.5%
200310,480M.€11,754M.$8.4%
200210,156M.€9,552M.$7.1%
20019,362M.€8,352M.$6.3%
20008,622M.€7,953M.$5.7%
19997,039M.€7,527M.$2.7%
19986,396M.€7,162M.$6.3%
19975,746M.€6,523M.$8.9%
19964,699M.€5,969M.$2.6%
19954,135M.€5,407M.$-0.9%
19943,407M.€4,530M.$2.2%
19932,048M.€2,727M.$-11.4%
19921,242M.€1,693M.$-32.1%
1991226M.€6,756M.$-12.6%
199098M.€7,447M.$
19897,690M.$
19886,827M.$
19875,716M.$
Evolution: GDP per capita Latvia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
202015,430€17,549$-3.0%-1.1%
201915,900€17,739$5.1%-0.3%
201815,130€17,800$8.9%14.0%
201713,890€15,613$7.3%9.5%
201612,940€14,253$4.2%3.9%
201512,420€13,722$4.9%-12.5%
201411,840€15,678$3.8%4.2%
201311,410€15,042$4.4%8.5%
201210,930€13,862$10.7%0.4%
20119,870€13,809$15.9%22.5%
20108,520€11,276$-3.2%-7.6%
20098,800€12,200$-21.6%-25.6%
200811,230€16,390$8.6%16.6%
200710,340€14,057$32.4%45.4%
20067,810€9,667$27.2%28.0%
20056,140€7,550$18.8%19.3%
20045,170€6,328$12.9%23.8%
20034,580€5,112$4.1%24.2%
20024,400€4,116$10.0%16.0%
20014,000€3,549$9.9%6.3%
20003,640€3,339$23.8%6.4%
19992,940€3,137$10.9%6.0%
19982,650€2,959$12.3%10.9%
19972,360€2,668$23.6%10.4%
19961,910€2,417$15.1%11.8%
19951,660€2,162$18.6%25.4%
19941,400€1,724$75.0%68.8%
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$18.3%
19872,164$
Evolution: GDP growth rate at constant prices Latvia
Evolution: GDP per capita Latvia
GDP Latvia