Gross Domestic Product of Latvia grew 9.9% in 2007 compared to last year. This rate is 21 -tenths of one percent less than the figure of 12% published in 2006.
The GDP figure in 2007 was €22,792$31,100 million, Latvia is number 85 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Latvia rose €5,429$9,511 million with respect to 2006.
The GDP per capita of Latvia in 2007 was €10,350$14,080, €2,520$4,390 higher than in 2006, it was €7,830$9,690. 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 1997 when the GDP per capita in Latvia was €2,360$2,670.
If we order the countries according to their GDP per capita, Latvia is in 51th 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.