Latvia - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Latvia was $17,737 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $17,927 in 2019 and $2,330 in 1995.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 $2,330
1996 $2,432
1997 $2,683
1998 $2,974
1999 $3,152
2000 $3,362
2001 $3,578
2002 $4,137
2003 $5,145
2004 $6,379
2005 $7,595
2006 $9,723
2007 $14,114
2008 $16,467
2009 $12,332
2010 $11,421
2011 $13,339
2012 $13,847
2013 $15,007
2014 $15,742
2015 $13,786
2016 $14,332
2017 $15,695
2018 $17,865
2019 $17,927
2020 $17,737

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Latvia was 15,528 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 16,014 in 2019 and a minimum value of 1,633 in 1995.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 1,633
1996 1,905
1997 2,218
1998 2,496
1999 2,624
2000 2,901
2001 3,197
2002 3,639
2003 4,184
2004 4,903
2005 6,103
2006 7,753
2007 10,318
2008 11,265
2009 8,872
2010 8,623
2011 9,595
2012 10,777
2013 11,303
2014 11,850
2015 12,426
2016 12,948
2017 13,893
2018 15,128
2019 16,014
2020 15,528

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Latvia was 15,584 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 16,056 in 2019 and 4,971 in 1995.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 4,971
1996 5,157
1997 5,669
1998 6,085
1999 6,304
2000 6,727
2001 7,245
2002 7,849
2003 8,593
2004 9,407
2005 10,528
2006 11,896
2007 13,186
2008 12,893
2009 11,240
2010 10,964
2011 11,451
2012 12,410
2013 12,796
2014 13,163
2015 13,786
2016 14,242
2017 14,845
2018 15,558
2019 16,056
2020 15,584

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Latvia was 14,046 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 14,471 in 2019 and a minimum value of 4,480 in 1995.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 4,480
1996 4,648
1997 5,109
1998 5,485
1999 5,682
2000 6,063
2001 6,530
2002 7,075
2003 7,745
2004 8,478
2005 9,489
2006 10,722
2007 11,885
2008 11,621
2009 10,131
2010 9,882
2011 10,321
2012 11,185
2013 11,533
2014 11,863
2015 12,426
2016 12,837
2017 13,380
2018 14,023
2019 14,471
2020 14,046

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Latvia was 31,483 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 31,883 in 2019 and 5,515 in 1995.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 5,515
1996 5,807
1997 6,487
1998 7,068
1999 7,406
2000 8,040
2001 9,045
2002 10,081
2003 11,061
2004 12,279
2005 13,914
2006 15,859
2007 18,237
2008 19,573
2009 17,024
2010 17,707
2011 19,248
2012 21,290
2013 22,639
2014 23,816
2015 24,973
2016 26,722
2017 28,674
2018 30,877
2019 31,883
2020 31,483

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Latvia was 30,100 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 31,012 in 2019 and 9,601 in 1995.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 9,601
1996 9,961
1997 10,950
1998 11,754
1999 12,176
2000 12,992
2001 13,994
2002 15,161
2003 16,597
2004 18,169
2005 20,335
2006 22,977
2007 25,469
2008 24,904
2009 21,711
2010 21,176
2011 22,118
2012 23,970
2013 24,716
2014 25,424
2015 26,628
2016 27,509
2017 28,674
2018 30,051
2019 31,012
2020 30,100

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts