The Gross Domestic Product per capita in Latvia was last recorded at 37812.58 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 213 percent of the world's average. source: World Bank

GDP per Capita PPP in Latvia averaged 23518.19 USD from 1990 until 2023, reaching an all time high of 37967.47 USD in 2022 and a record low of 10621.44 USD in 1993. This page provides the latest reported value for - Latvia GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia GDP per capita PPP - values, historical data and charts - was last updated on January of 2025.

GDP per Capita PPP in Latvia is expected to reach 38682.00 USD by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP per capita PPP is projected to trend around 39649.00 USD in 2026 and 40641.00 USD in 2027, according to our econometric models.




Related Last Previous Unit Reference
Full Year GDP Growth -0.30 3.40 percent Dec 2023
GDP 43.63 40.42 USD Billion Dec 2023
GDP Growth Rate YoY -1.60 -0.50 percent Sep 2024
GDP Constant Prices 8173276.00 8014068.00 EUR Thousand Sep 2024
GDP from Agriculture 295711.00 264271.00 EUR Thousand Sep 2024
GDP from Construction 477226.00 380891.00 EUR Thousand Sep 2024
GDP from Manufacturing 833564.00 836580.00 EUR Thousand Sep 2024
GDP from Mining 170506.00 178215.00 EUR Thousand Sep 2024
GDP from Public Administration 543092.00 591190.00 EUR Thousand Sep 2024
GDP from Services 1241898.00 1404310.00 EUR Thousand Sep 2024
GDP from Transport 458669.00 414812.00 EUR Thousand Sep 2024
GDP Growth Rate -0.20 -0.30 percent Sep 2024
GDP per Capita 16945.20 17014.62 USD Dec 2023
GDP per Capita PPP 37812.58 37967.47 USD Dec 2023
Gross Fixed Capital Formation 2021963.00 1772749.00 EUR Thousand Sep 2024
Gross National Product 9838.00 9816.00 EUR Million Sep 2024

Latvia GDP per capita PPP
The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population.
Actual Previous Highest Lowest Dates Unit Frequency
37812.58 37967.47 37967.47 10621.44 1990 - 2023 USD Yearly
Constant 2021 International Dollars