Gross Domestic Product of Latvia grew 12% in 2006 compared to last year. This rate is 13 -tenths of one percent higher than the figure of 10.7% published in 2005.
The GDP figure in 2006 was €17,363$21,570 million, Latvia is number 87 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Latvia rose €3,571$4,567 million with respect to 2005.
The GDP per capita of Latvia in 2006 was €7,830$9,690, €1,670$2,120 higher than in 2005, it was €6,160$7,570. 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 1996 when the GDP per capita in Latvia was €1,910$2,420.
If we order the countries according to their GDP per capita, Latvia is in 56th 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.