GDP per Capita (PPP): Latvia
Latvia's gdp per capita (ppp) is currently 45,961.77 intl $ as of 2026. # Latvia GDP per Capita (PPP) Latvia's GDP per capita (PPP) reached 45,961.
Current (2026)
45,961.77 intl $
+4.2% y/y
Peak (2026)
45,961.77 intl $
Low (1993)
5,352.627 intl $
Source
IMF World Economic Outlook
1992–2026 · 39 pts
GDP per Capita (PPP) — Latvia
1992 — 2026
GDP per Capita (PPP) — Latvia
Analysis# Latvia GDP per Capita (PPP)
Latvia's GDP per capita (PPP) reached 45,961.77 international dollars in 2026, matching its all-time peak. This represents a remarkable 681% increase since 1992, when the nation recorded just 5,352.63 international dollars following independence. The country's economic trajectory has been consistently upward over three decades, reflecting successful integration into Western institutions and market reforms.
The most dramatic acceleration occurred after 2017, when GDP per capita stood at 27,534 international dollars. Annual growth has remained robust and steady, averaging approximately 3-4% annually through 2026. Latvia's sustained expansion suggests confidence in continued development, with the economy demonstrating resilience despite regional challenges and building on its transition from a centrally planned to market-based economy.
Historical Data
39 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 54,546.233 intl $ | +4.56% |
| 2029 | 52,167.043 intl $ | +4.43% |
| 2028 | 49,956.042 intl $ | +4.23% |
| 2027 | 47,928.857 intl $ | +4.28% |
| 2026 | 45,961.77 intl $ | +4.21% |
| 2025 | 44,105.521 intl $ | +3.69% |
| 2024 | 42,534.944 intl $ | +2.64% |
| 2023 | 41,442.718 intl $ | +6.25% |
| 2022 | 39,005.228 intl $ | +10.06% |
| 2021 | 35,438.975 intl $ | +8.65% |
| 2020 | 32,617.399 intl $ | +1.62% |
| 2019 | 32,096.046 intl $ | +8.04% |
| 2018 | 29,706.772 intl $ | +7.89% |
| 2017 | 27,534.194 intl $ | +6.27% |
| 2016 | 25,910.247 intl $ | +4.43% |
| 2015 | 24,811.753 intl $ | +5.56% |
| 2014 | 23,505.494 intl $ | +5.03% |
| 2013 | 22,379.053 intl $ | +4.91% |
| 2012 | 21,331.552 intl $ | +10.90% |
| 2011 | 19,235.69 intl $ | +7.49% |
Show all 39 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 17,895.518 intl $ | -0.54% |
| 2009 | 17,993.378 intl $ | -14.39% |
| 2008 | 21,017.953 intl $ | -0.76% |
| 2007 | 21,179.44 intl $ | +14.38% |
| 2006 | 18,516.215 intl $ | +17.45% |
| 2005 | 15,765.851 intl $ | +16.49% |
| 2004 | 13,534.489 intl $ | +12.77% |
| 2003 | 12,001.825 intl $ | +11.61% |
| 2002 | 10,753.669 intl $ | +10.87% |
| 2001 | 9,699.673 intl $ | +10.17% |
| 2000 | 8,804.426 intl $ | +9.04% |
| 1999 | 8,074.837 intl $ | +5.21% |
| 1998 | 7,675.008 intl $ | +8.82% |
| 1997 | 7,052.853 intl $ | +12.17% |
| 1996 | 6,287.519 intl $ | +5.48% |
| 1995 | 5,960.711 intl $ | +5.04% |
| 1994 | 5,674.846 intl $ | +6.02% |
| 1993 | 5,352.627 intl $ | -9.03% |
| 1992 | 5,883.766 intl $ | — |
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