Gross Domestic Product of Latvia grew 4.8% in 2018 compared to last year. This rate is 2 -tenths of one percent higher than the figure of 4.6% published in 2017.
The GDP figure in 2018 was €29,524$30,325 million, Latvia is number 99 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Latvia rose €2,491$2,742 million with respect to 2017.
The GDP per capita of Latvia in 2018 was €15,300$15,550, €1,400$1,541 higher than in 2017, it was €13,900$14,009. 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 2008 when the GDP per capita in Latvia was €11,200$14,010.
If we order the countries according to their GDP per capita, Latvia is in 49th position of the 196 countries whose GDP we publish.