GDP,current LCU,millions,seas. adj. in Latvia

Latvia: GDP,current LCU,millions,seas. adj. was 11,124 in 2026. ◆ Volatile

Latest (2026)
11,124
Change on year
down 74.1%
World rank
90th
of 93 countries
All-time high
42,971
in 2025
All-time low
3,931
in 1995
Years of data
32
1995–2026

GDP,current LCU,millions,seas. adj. in Latvia, 1995–2026

010.0k20.0k30.0k40.0k1995201020261995: 3.9k1996: 4.5k1997: 5.2k1998: 5.9k1999: 6.1k2000: 6.7k2001: 7.3k2002: 8.1k2003: 9.1k2004: 10.6k2005: 13.1k2006: 16.3k2007: 21.5k2008: 23.4k2009: 18.5k2010: 17.7k2011: 19.1k2012: 21.1k2013: 21.9k2014: 22.8k2015: 23.7k2016: 24.5k2017: 26.0k2018: 28.1k2019: 29.6k2020: 29.2k2021: 32.2k2022: 36.0k2023: 39.6k2024: 40.6k2025: 43.0k2026: 11.1k

Source: World Bank.

Analysis

In 2026, gdp,current lcu,millions,seas. adj. in Latvia stood at 11,124.

The figure is down 74.1% on the previous year and down 54.5% over ten years.

Over the whole period, gdp,current lcu,millions,seas. adj. in Latvia peaked at 42,971 in 2025 and was at its lowest, 3,931, in 1995.

Latvia ranks 90th of 93 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP,current LCU,millions,seas. adj. in Latvia, year by year

Annual values for GDP,current LCU,millions,seas. adj., in Latvia, 1995 to 2026.
Year Value Change
1995 3,931 —
1996 4,536 +15.4%
1997 5,239 +15.5%
1998 5,856 +11.8%
1999 6,094 +4.1%
2000 6,695 +9.9%
2001 7,312 +9.2%
2002 8,125 +11.1%
2003 9,135 +12.4%
2004 10,617 +16.2%
2005 13,068 +23.1%
2006 16,257 +24.4%
2007 21,474 +32.1%
2008 23,361 +8.8%
2009 18,516 -20.7%
2010 17,698 -4.4%
2011 19,069 +7.7%
2012 21,076 +10.5%
2013 21,922 +4.0%
2014 22,772 +3.9%
2015 23,720 +4.2%
2016 24,473 +3.2%
2017 26,004 +6.3%
2018 28,112 +8.1%
2019 29,555 +5.1%
2020 29,229 -1.1%
2021 32,178 +10.1%
2022 36,014 +11.9%
2023 39,588 +9.9%
2024 40,616 +2.6%
2025 42,971 +5.8%
2026 11,124 -74.1%

Latvia compared with similar countries

  • Latvia's 11,124 is below the median for high income countries, which is 605,125, 2% of the median. (49 countries reporting)
  • Latvia's 11,124 is below the median for Europe & Central Asia, which is 382,583, 3% of the median. (42 countries reporting)

Biggest year-on-year movements

Years where GDP,current LCU,millions,seas. adj. in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2026 -74.1% 42,971 11,124

Averages by decade

DecadeAverage LowestHighest Years
1990s 5,131 3,931 6,094 5
2000s 13,456 6,695 23,361 10
2010s 23,440 17,698 29,555 10
2020s 33,103 11,124 42,971 7

Countries ranked near Latvia

  1. 87 Bosnia and Herzegovina 14,072 compare
  2. 88 Kuwait 11,908 compare
  3. 89 Jordan 11,275 compare
  4. 91 Estonia 10,824 compare
  5. 92 Cyprus 9,321 compare
  6. 93 Malta 6,384 compare

See the full ranking of 93 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is gdp,current lcu,millions,seas. adj. in Latvia?
Gdp,current lcu,millions,seas. adj. in Latvia was 11,124 in 2026, according to the World Bank.
What is the highest gdp,current lcu,millions,seas. adj. recorded in Latvia?
The highest recorded value was 42,971 in 2025.
What is the lowest gdp,current lcu,millions,seas. adj. recorded in Latvia?
The lowest recorded value was 3,931 in 1995.
How does Latvia rank for gdp,current lcu,millions,seas. adj.?
Latvia ranks 90th out of 93 countries with data for 2026.
Is gdp,current lcu,millions,seas. adj. rising or falling in Latvia?
Over the last ten years it is down 54.5%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from the World Bank, published as part of GDP,current LCU,millions,seas. adj.,. Statizoid updates them automatically from the source API.

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GDP,current LCU,millions,seas. adj. in Latvia. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/gdp-current-lcu-millions-seas-adj/latvia/

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About this data

Indicator
GDP,current LCU,millions,seas. adj.,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
93 places, 2,952 data points, 1987–2026
Last refreshed