Latvia Latvia GDP - Gross Domestic Product

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GDP Latvia third quarter of 2022

GDP in Latvia dropped 1.7% in third quarter

Gross Domestic Product of Latvia fell 1.7 in the third quarter of 2022 compared to the previous quarter. This rate is 17 -tenths of one percent less than in the previous quarter, when there was no change.

The year-on-year change in GDP was -0.4%, 31 -tenths of one percent less than the 2.7% recorded in the second quarter of 2022.

The GDP figure in the third quarter of 2022 was €9,868$9,799 million, Latvia is number 47 in the ranking of quarterly GDP of the 53 countries that we publish.

Latvia has a quarterly GDP per capita, of €5,155$5,155, €801 $801 higher than the same quarter last year, it was .

If we order the countries according to their GDP per capita, Latvia is in 32th position. According to this parameter, its population has a low level of affluence compare to the 53 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 2022
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2022Q3€9,868M$9,799M-1.7%-0.4%
2022Q2€9,579M$10,296M0%2.7%
2022Q1€9,395M$10,547M1.8%5.0%
< GDP Latvia 2021
Quaterly GDP Per Capita 2022
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
2022Q25,155K2.9%18.4%$5,4894.6%-2.4%
2022Q15,013K6.5%18.6%$5,62310.5%4.5%
< GDP Latvia 2021
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
2021€33,696M$38,898M4.1%
2020€30,294M$33,619M-2.2%
2019€30,679M$34,313M2.6%
2018€29,154M$34,445M4.0%
2017€26,984M$30,473M3.3%
2016€25,371M$28,076M2.4%
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
2021€17,890$20,54612.2%16.6%
2020€15,940$17,623-0.6%-1.4%
2019€16,040$17,8716.0%0.4%
2018€15,130$17,8078.9%14.0%
2017€13,900$15,6267.3%9.6%
2016€12,950$14,2594.2%3.9%
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