History’s hockey stick: Real gross domestic product per capita using the ratio scale in Latvia

Latvia: History’s hockey stick: Real gross domestic product per capita using the ratio scale was 24,313 2011 US$ in 2018. ▲ Rising

Latest (2018)
24,313 2011 US$
Change on year
up 5.1%
World rank
46th
of 145 countries
All-time high
24,313 2011 US$
in 2018
All-time low
8,439 2011 US$
in 1993
Years of data
40
1973–2018

History’s hockey stick: Real gross domestic product per capita using the ratio scale in Latvia, 1973–2018

10.0k15.0k20.0k25.0k1973199520181973: 12.5k 2011 US$1980: 13.7k 2011 US$1981: 14.0k 2011 US$1982: 14.2k 2011 US$1983: 14.4k 2011 US$1984: 14.7k 2011 US$1985: 14.3k 2011 US$1986: 14.5k 2011 US$1987: 14.4k 2011 US$1988: 14.9k 2011 US$1989: 15.7k 2011 US$1990: 15.8k 2011 US$1991: 13.8k 2011 US$1992: 9.4k 2011 US$1993: 8.4k 2011 US$1994: 8.7k 2011 US$1995: 8.7k 2011 US$1996: 8.9k 2011 US$1997: 9.8k 2011 US$1998: 10.4k 2011 US$1999: 10.7k 2011 US$2000: 11.3k 2011 US$2001: 12.1k 2011 US$2002: 13.0k 2011 US$2003: 14.1k 2011 US$2004: 15.4k 2011 US$2005: 17.1k 2011 US$2006: 19.1k 2011 US$2007: 21.0k 2011 US$2008: 20.3k 2011 US$2009: 17.6k 2011 US$2010: 17.1k 2011 US$2011: 18.4k 2011 US$2012: 19.4k 2011 US$2013: 20.1k 2011 US$2014: 20.8k 2011 US$2015: 21.5k 2011 US$2016: 22.1k 2011 US$2017: 23.1k 2011 US$2018: 24.3k 2011 US$

Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011 US$.

Analysis

Latvia recorded 24,313 2011 US$ for history’s hockey stick: real gross domestic product per capita using the ratio scale in 2018. That is the highest value across all 40 years on record.

That represents a change of up 5.1% on the previous year and up 19.5% over ten years.

Over the whole period, history’s hockey stick: real gross domestic product per capita using the ratio scale in Latvia peaked at 24,313 2011 US$ in 2018 and was at its lowest, 8,439 2011 US$, in 1993.

That places Latvia 46th out of 145 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently rising across the 40 years of available data.

History’s hockey stick: Real gross domestic product per capita using the ratio scale in Latvia, year by year

Annual values for History’s hockey stick: Real gross domestic product per capita using the ratio scale in Latvia, 1973 to 2018.
Year 2011 US$ Change
1973 12,506 2011 US$
1980 13,739 2011 US$ +9.9%
1981 13,970 2011 US$ +1.7%
1982 14,190 2011 US$ +1.6%
1983 14,376 2011 US$ +1.3%
1984 14,682 2011 US$ +2.1%
1985 14,273 2011 US$ -2.8%
1986 14,539 2011 US$ +1.9%
1987 14,360 2011 US$ -1.2%
1988 14,875 2011 US$ +3.6%
1989 15,661 2011 US$ +5.3%
1990 15,806 2011 US$ +0.9%
1991 13,775 2011 US$ -12.9%
1992 9,411 2011 US$ -31.7%
1993 8,439 2011 US$ -10.3%
1994 8,704 2011 US$ +3.1%
1995 8,709 2011 US$ +0.1%
1996 8,947 2011 US$ +2.7%
1997 9,774 2011 US$ +9.2%
1998 10,430 2011 US$ +6.7%
1999 10,708 2011 US$ +2.7%
2000 11,310 2011 US$ +5.6%
2001 12,104 2011 US$ +7.0%
2002 13,016 2011 US$ +7.5%
2003 14,142 2011 US$ +8.7%
2004 15,371 2011 US$ +8.7%
2005 17,070 2011 US$ +11.0%
2006 19,129 2011 US$ +12.1%
2007 21,042 2011 US$ +10.0%
2008 20,342 2011 US$ -3.3%
2009 17,582 2011 US$ -13.6%
2010 17,140 2011 US$ -2.5%
2011 18,428 2011 US$ +7.5%
2012 19,405 2011 US$ +5.3%
2013 20,129 2011 US$ +3.7%
2014 20,751 2011 US$ +3.1%
2015 21,488 2011 US$ +3.6%
2016 22,092 2011 US$ +2.8%
2017 23,133 2011 US$ +4.7%
2018 24,313 2011 US$ +5.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 12,506 2011 US$ 12,506 2011 US$ 12,506 2011 US$ 1
1980s 14,466 2011 US$ 13,739 2011 US$ 15,661 2011 US$ 10
1990s 10,470 2011 US$ 8,439 2011 US$ 15,806 2011 US$ 10
2000s 16,111 2011 US$ 11,310 2011 US$ 21,042 2011 US$ 10
2010s 20,764 2011 US$ 17,140 2011 US$ 24,313 2011 US$ 9

Countries ranked near Latvia

  1. 43 Hungary 25,623 2011 US$ compare
  2. 44 Kazakhstan 25,308 2011 US$ compare
  3. 45 Malaysia 24,842 2011 US$ compare
  4. 47 Greece 23,451 2011 US$ compare
  5. 48 Panama 22,637 2011 US$ compare
  6. 49 Chile 22,105 2011 US$ compare

See the full ranking of 145 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is history’s hockey stick: real gross domestic product per capita using the ratio scale in Latvia?
History’s hockey stick: real gross domestic product per capita using the ratio scale in Latvia was 24,313 2011 US$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
What is the highest history’s hockey stick: real gross domestic product per capita using the ratio scale recorded in Latvia?
The highest recorded value was 24,313 2011 US$ in 2018.
What is the lowest history’s hockey stick: real gross domestic product per capita using the ratio scale recorded in Latvia?
The lowest recorded value was 8,439 2011 US$ in 1993.
How does Latvia rank for history’s hockey stick: real gross domestic product per capita using the ratio scale?
Latvia ranks 46th out of 145 countries with data for 2018.
Is history’s hockey stick: real gross domestic product per capita using the ratio scale rising or falling in Latvia?
Over the last ten years it is up 19.5%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of History’s hockey stick: Real gross domestic product per capita using the ratio scale. Statizoid updates them automatically from the source API.

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History’s hockey stick: Real gross domestic product per capita using the ratio scale in Latvia. Statizoid, drawing on Maddison Project Database (2018) – processed by Our World in Data. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/historys-hockey-stick-gross-domestic-product-per-capita-using-the-ratio-scale-1990/latvia/

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<a href="https://reference.statizoid.com/stat/historys-hockey-stick-gross-domestic-product-per-capita-using-the-ratio-scale-1990/latvia/">History’s hockey stick: Real gross domestic product per capita using the ratio scale in Latvia</a> — Statizoid

About this data

Indicator
History’s hockey stick: Real gross domestic product per capita using the ratio scale
Unit
2011 US$
Source
Maddison Project Database (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
145 places, 17,704 data points, 1000–2018
Last refreshed

Unit 1 'The capitalist revolution’ Section 1.3 'History's Hockey Stick: Growth in income' in The CORE Team, The Economy. Available at: https://tinyco.re/28126370 [Figure 1.1b]