Gross Domestic Product of Latvia grew 6.7% in 2021 compared to last year. This rate is 102 -tenths of one percent higher than the figure of -3.5% published in 2020.
The GDP figure in 2021 was €33,349$38,898 million, Latvia is number 96 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Latvia rose €3,239$5,279 million with respect to 2020.
The GDP per capita of Latvia in 2021 was €17,710$20,546, €1,870$2,923 higher than in 2020, it was €15,840$17,623. 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 2011 when the GDP per capita in Latvia was €9,550$13,371.
If we order the countries according to their GDP per capita, Latvia is in 46th 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.