Gross Domestic Product of Latvia grew 3% in 2022 compared to last year. This rate is 37 -tenths of one percent less than the figure of 6.7% published in 2021.
The GDP figure in 2022 was €38,386$41,167 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 €5,037$2,269 million with respect to 2021.
The GDP per capita of Latvia in 2022 was €20,350$21,947, €2,640$1,401 higher than in 2021, it was €17,710$20,546. 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 2012 when the GDP per capita in Latvia was €10,870$13,787.
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.