GDP Latvia 2008

Latvians GDP shrinks compared to previous year

Gross Domestic Product of Latvia fell -3.4% in 2008 compared to last year. This rate is 138 -tenths of one percent less than the previous year, when changed 10.4%.

The GDP figure in 2008 was €23,355$34,133 million, Latvia is number 85 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Latvia rose €1,763$4,711 million with respect to 2007.

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 2008
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2008Q4€5,569M$7,339M-2.9%-7.9%
2008Q3€5,902M$8,883M-4.0%-6.5%
2008Q2€5,929M$9,262M-2.5%-1.2%
2008Q1€5,971M$8,942M1.3%3.5%
< GDP Latvia 2007GDP Latvia 2009 >
Quaterly GDP Per Capita 2008
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
2008Q42,500K-3.8%0%$3,393-9.5%-16.3%
2008Q32,600K-3.7%4.0%$4,05316.7%-4.1%
2008Q22,700K3.8%12.5%$4,22630.3%3.6%
2008Q12,600K4.0%18.2%$4,08037.8%8.9%
< GDP Latvia 2007GDP Latvia 2009 >
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
2008€23,355M$34,133M-3.4%
2007€21,592M$29,422M10.4%
2006€16,449M$20,435M12.8%
2005€13,227M$16,307M11.6%
2004€11,230M$13,827M8.7%
2003€10,029M$11,244M8.4%
2002€9,841M$9,249M7.7%
2001€9,182M$8,190M6.5%
2000€8,418M$7,762M5.8%
1999€6,851M$7,324M2.8%
1998€6,231M$6,974M6.6%
1997€5,594M$6,350M9.2%
1996€4,565M$5,799M2.3%
1995€4,008M$5,239M-0.9%
1994€3,407M$4,526M2.2%
1993€2,048M$2,643M-11.4%
1992€1,242M$1,641M-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
2008€10,720$15,6479.3%17.3%
2007€9,810$13,33932.4%45.3%
2006€7,410$9,18025.4%26.5%
2005€5,910$7,26019.2%19.5%
2004€4,960$6,07513.2%24.2%
2003€4,380$4,8922.8%22.7%
2002€4,260$3,9888.4%14.6%
2001€3,930$3,48110.4%6.8%
2000€3,560$3,26024.0%6.8%
1999€2,870$3,05310.8%5.9%
1998€2,590$2,88212.6%11.0%
1997€2,300$2,59723.7%10.6%
1996€1,860$2,34815.5%12.0%
1995€1,610$2,09615.0%25.4%
1994€1,400$1,67175.0%68.7%
1993€800$99060.0%61.5%
1992€500$613484.7%-76.0%
1991€86$2,556130.9%-8.8%
1990€37$2,802-2.8%
1989$2,88212.5%
1988$2,56118.3%
1987$2,164
Evolution: GDP growth rate at constant prices Latvia
Evolution: GDP per capita Latvia
GDP Latvia