Gross Domestic Product of Latvia grew 8.3% in 2004 compared to last year. This rate is 1 -tenth of one percent less than the figure of 8.4% published in 2003.
The GDP figure in 2004 was €11,724$14,440 million, Latvia is number 93 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Latvia rose €1,224$2,663 million with respect to 2003.
The GDP per capita of Latvia in 2004 was €5,180$6,343, €590$1,221 higher than in 2003, it was €4,590$5,122. 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 1994 when the GDP per capita in Latvia was €1,400$1,725.
If we order the countries according to their GDP per capita, Latvia is in 60th 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.