The Gross Domestic Product per capita in Latvia was last recorded at 38936.05 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 219 percent of the world's average. source: World Bank

GDP per Capita PPP in Latvia averaged 23726.56 USD from 1990 until 2024, reaching an all time high of 38936.05 USD in 2024 and a record low of 10255.14 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 September of 2025.

GDP per Capita PPP in Latvia is expected to reach 39131.00 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 39913.00 USD in 2026 and 40951.00 USD in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth -0.40 2.90 percent Dec 2024
GDP 43.52 42.57 USD Billion Dec 2024
GDP Growth Rate YoY 1.70 -0.30 percent Jun 2025
GDP Constant Prices 8179255.00 7679622.00 EUR Thousand Jun 2025
GDP from Agriculture 251725.00 196150.00 EUR Thousand Jun 2025
GDP from Construction 406739.00 267103.00 EUR Thousand Jun 2025
GDP from Manufacturing 819891.00 808241.00 EUR Thousand Jun 2025
GDP from Mining 198255.00 291424.00 EUR Thousand Jun 2025
GDP from Public Administration 623569.00 545979.00 EUR Thousand Jun 2025
GDP from Services 1403970.00 1259363.00 EUR Thousand Jun 2025
GDP from Transport 409226.00 370389.00 EUR Thousand Jun 2025
GDP Growth Rate 0.40 0.10 percent Jun 2025
GDP per Capita 16951.36 16890.63 USD Dec 2024
GDP per Capita PPP 38936.05 38796.55 USD Dec 2024
Gross Fixed Capital Formation 1926068.00 1515995.00 EUR Thousand Jun 2025
Gross National Product 10334.00 8964.00 EUR Million Jun 2025



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
38936.05 38796.55 38936.05 10255.14 1990 - 2024 USD Yearly
Constant 2021 International Dollars