Gross Domestic Product of Latvia grew 8.4% in 2003 compared to last year. This rate is 13 -tenths of one percent higher than the figure of 7.1% published in 2002.
The GDP figure in 2003 was €10,500$11,777 million, Latvia is number 94 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Latvia rose €331$2,213 million with respect to 2002.
The GDP per capita of Latvia in 2003 was €4,590$5,122, €190$1,001 higher than in 2002, it was €4,400$4,121. 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 1993 when the GDP per capita in Latvia was €800$1,022.
If we order the countries according to their GDP per capita, Latvia is in 61th position of the 195 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.