Latvia — GDP (PPP)
GDP (PPP) for Latvia, 1990–2025.
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%. Within Europe & Central Asia it ranks 37 of 53 economies; Bosnia and Herzegovina (81.06 billion) is just below it. Its sharpest one-year move was down 31% in 1992. That is 31% above this series' own ten-year average.
Data highlights
From its 1990 level: doubled by 2013. Doubling roughly every 17 years at that pace.
World ranking. Slipped: 93rd of 186 in 1990 → 106th of 194 in 2000 → 109th of 200 in 2010 → 104th of 198 in 2020 → 106th of 185 in 2025.
Key figures
Full history — 1990 to 2025
| Year | current international $ | Change |
|---|---|---|
| 2025 | 85,250,682,581.01 | +4.1% |
| 2024 | 81,873,163,245.58 | +1.6% |
| 2023 | 80,592,320,917.14 | +5.8% |
| 2022 | 76,202,334,926.13 | +9.5% |
| 2021 | 69,560,319,491.85 | +11.8% |
| 2020 | 62,223,400,359.4 | +1.0% |
| 2019 | 61,623,338,377.08 | +7.2% |
| 2018 | 57,464,098,005.64 | +14.8% |
| 2017 | 50,040,059,546.94 | +6.1% |
| 2016 | 47,153,222,826.17 | +5.8% |
| 2015 | 44,581,207,156.5 | +3.7% |
| 2014 | 42,973,303,968.58 | +4.3% |
| 2013 | 41,205,977,404.1 | +4.3% |
| 2012 | 39,499,388,914.36 | +8.5% |
| 2011 | 36,416,672,540.14 | +6.0% |
| 2010 | 34,344,114,865.18 | +3.2% |
| 2009 | 33,292,420,508.83 | -12.3% |
| 2008 | 37,979,879,612.72 | +6.3% |
| 2007 | 35,745,454,817.39 | +13.6% |
| 2006 | 31,456,306,200.22 | +9.5% |
| 2005 | 28,714,553,391.8 | +12.1% |
| 2004 | 25,616,608,944.84 | +9.8% |
| 2003 | 23,321,670,080.53 | +5.5% |
| 2002 | 22,105,571,058.65 | +7.4% |
| 2001 | 20,585,228,631.31 | +10.8% |
| 2000 | 18,582,683,435.01 | +7.1% |
| 1999 | 17,346,142,139.92 | +4.0% |
| 1998 | 16,682,978,062.41 | +7.7% |
| 1997 | 15,486,813,219.24 | +10.8% |
| 1996 | 13,977,537,939.14 | +4.3% |
| 1995 | 13,397,049,054.11 | +6.0% |
| 1994 | 12,633,030,763.06 | +4.4% |
| 1993 | 12,103,865,974.36 | -2.7% |
| 1992 | 12,443,673,664.55 | -30.6% |
| 1991 | 17,923,044,281.06 | -9.6% |
| 1990 | 19,835,012,011.26 | — |
Frequently asked questions
What was Latvia’s GDP (PPP) in 1991?
17,923,044,281.06 (1991). The full year-by-year table above lists every published year, most recent first.
Are Latvia’s GDP (PPP) figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Latvia’s GDP (PPP) growing or shrinking?
Between 1990 and 2025 the series was growing overall: +329.8% in total — about 4.3% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.PP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 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. Earlier years are in the full-history table below.
Related data
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.