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GDP Latvia 2019

GDP grows 0.6% in Latvia

Gross Domestic Product of Latvia grew 0.6% in 2019 compared to last year. This rate is 34 -tenths of one percent less than the figure of 4% published in 2018.

The GDP figure in 2019 was €30,573$34,313 million, Latvia is number 99 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Latvia rose €1,419$132 million with respect to 2018.

The GDP per capita of Latvia in 2019 was €15,980$17,871, €850$64 higher than in 2018, it was €15,130$17,807. 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 2009 when the GDP per capita in Latvia was €8,830$12,243.

If we order the countries according to their GDP per capita, Latvia is in 50th 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 2019
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2019Q4€7,687M$8,510M-0.8%-1.1%
2019Q3€7,693M$8,553M0.3%0.2%
2019Q2€7,627M$8,571M0.6%1.2%
2019Q1€7,560M$8,587M-1.3%2.1%
< GDP Latvia 2018GDP Latvia 2020 >
Quaterly GDP Per Capita 2019
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
2019Q44,029K0.6%3.1%$4,4610.0%0.1%
2019Q34,007K0.9%4.8%$4,4550.2%-0.2%
2019Q23,973K0.9%6.4%$4,4640.3%-0.2%
2019Q13,938K0.8%8.6%$4,4720.4%0.3%
< GDP Latvia 2018GDP Latvia 2020 >
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
2019€30,573M$34,313M0.6%
2018€29,154M$34,445M4.0%
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
2019€15,980$17,8715.6%0.4%
2018€15,130$17,8078.9%14.0%
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