Latvia — GDP (PPP)
GDP (PPP) for Latvia, 1990–2025.
Latest value · 2025
85.25 billion
GDP (PPP) · current international $ · +329.8% since 1990
GDP (PPP) for Latvia was 85.25 billion in 2025, according to the latest World Bank data. The series covers 36 years, from 1990 to 2025. The latest year is also the highest value on record for this series. The lowest was 12.10 billion in 1993 (about 7.0× the low point). Across that span the compound annual growth rate works out to 4.25% per year.
Latvia ranks 110 of 201 economies on this measure (1 = highest), putting it in the top 55%. The median for Europe & Central Asia is 285.97 billion, so Latvia sits below it. Over the last decade (2015–2025) the figure moved up 91%.
Key figures
Latest (2025)
85.25 billion
First (1990)
19.84 billion
Change
+329.8%
Highest
85.25 billion
in 2025
Lowest
12.10 billion
in 1993
Average
37.23 billion
Annual growth (CAGR)
4.25%
Years of data
36
Recent years
| Year | current international $ |
|---|---|
| 2025 | 85,250,682,581.01 |
| 2024 | 81,873,163,245.58 |
| 2023 | 80,592,320,917.14 |
| 2022 | 76,202,334,926.13 |
| 2021 | 69,560,319,491.85 |
| 2020 | 62,223,400,359.4 |
| 2019 | 61,623,338,377.08 |
| 2018 | 57,464,098,005.64 |
| 2017 | 50,040,059,546.94 |
| 2016 | 47,153,222,826.17 |
| 2015 | 44,581,207,156.5 |
| 2014 | 42,973,303,968.58 |
Reading this correctly. GDP converted using purchasing power parity rates rather than market exchange rates. Better for comparing living standards between countries; not comparable with the nominal GDP figure. Figures are in current international $. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.PP.CD — GDP (PPP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.