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GDP Latvia 2017

GDP grows 3.3% in Latvia

Gross Domestic Product of Latvia grew 3.3% in 2017 compared to last year. This rate is 9 -tenths of one percent higher than the figure of 2.4% published in 2016.

The GDP figure in 2017 was €26,984$30,473 million, Latvia is number 100 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Latvia rose €1,613$2,397 million with respect to 2016.

The GDP per capita of Latvia in 2017 was €13,900$15,626, €950$1,367 higher than in 2016, it was €12,950$14,259. 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 2007 when the GDP per capita in Latvia was €10,350$14,080.

If we order the countries according to their GDP per capita, Latvia is in 54th position of the 196 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.

Quarterly GDP at market prices 2017
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2017Q4€6,876M$8,096M0.4%3.4%
2017Q3€6,791M$7,977M0.5%4.0%
2017Q2€6,692M$7,375M0.7%3.7%
2017Q1€6,563M$6,988M1.7%2.1%
< GDP Latvia 2016GDP Latvia 2018 >
Quaterly GDP Per Capita 2017
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
2017Q43,555K2.1%7.2%$4,18517.0%2.3%
2017Q33,482K1.5%8.6%$4,09014.3%8.2%
2017Q23,431K2.0%7.9%$3,7825.3%5.5%
2017Q13,365K1.5%5.5%$3,5831.9%0.2%
< GDP Latvia 2016GDP Latvia 2018 >
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
2017€26,984M$30,473M3.3%
2016€25,371M$28,076M2.4%
2015€24,572M$27,266M3.9%
2014€23,626M$31,395M1.9%
2013€22,791M$30,210M2.0%
2012€22,098M$28,191M7.0%
2011€19,666M$27,740M2.6%
2010€17,938M$23,998M-4.5%
2009€18,922M$26,480M-14.3%
2008€24,532M$36,023M-3.2%
2007€22,792M$31,100M9.9%
2006€17,363M$21,589M12.0%
2005€13,792M$17,030M10.7%
2004€11,724M$14,440M8.3%
2003€10,500M$11,777M8.4%
2002€10,169M$9,564M7.1%
2001€9,374M$8,363M6.3%
2000€8,632M$7,963M5.7%
1999€7,047M$7,535M2.8%
1998€6,402M$7,169M6.3%
1997€5,751M$6,529M8.8%
1996€4,704M$5,975M2.6%
1995€4,137M$5,411M-0.9%
1994€3,407M$4,533M2.2%
1993€2,048M$2,728M-11.4%
1992€1,242M$1,694M-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
2017€13,900$15,6267.3%9.6%
2016€12,950$14,2594.2%3.9%
2015€12,430$13,7284.9%-12.5%
2014€11,850$15,6864.7%5.1%
2013€11,320$14,9274.1%8.3%
2012€10,870$13,78713.8%3.1%
2011€9,550$13,37111.7%18.2%
2010€8,550$11,317-3.2%-7.6%
2009€8,830$12,243-21.6%-25.5%
2008€11,260$16,4358.8%16.7%
2007€10,350$14,08032.2%45.3%
2006€7,830$9,69027.1%28.0%
2005€6,160$7,57018.9%19.3%
2004€5,180$6,34312.9%23.8%
2003€4,590$5,1224.3%24.3%
2002€4,400$4,1219.7%16.0%
2001€4,010$3,5549.9%6.3%
2000€3,650$3,34323.7%6.5%
1999€2,950$3,14110.9%6.1%
1998€2,660$2,96212.7%10.9%
1997€2,360$2,67023.6%10.4%
1996€1,910$2,42015.1%11.8%
1995€1,660$2,16418.6%25.4%
1994€1,400$1,72575.0%68.8%
1993€800$1,02260.0%61.5%
1992€500$633484.7%-75.2%
1991€86$2,556130.9%-8.8%
1990€37$2,802-2.8%
1989$2,88212.6%
1988$2,56118.3%
1987$2,164
Evolution: GDP growth rate at constant prices Latvia
Evolution: GDP per capita Latvia
GDP Latvia