Latvia GDP

$48.6B +$4.6B

Dec 2025 · Annual

Latvia's GDP, current prices, reached USD 48.62 billion in 2025, up from USD 44.00 billion in 2024. This marks a new all-time high for the series, which began in 1995. The previous record was set in the same period.

Latvia GDP, 1995–2025
ActualPreviousHighestLowestDatesFrequency
$48.6B$44.0B$48.6BDec 2025$5.6BDec 19951995 – 2025Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
GDP per Capita$26,312$23,579$26,312$2,257Dec 2025Annual
GDP Growth Rate2.5%2.6%15.0%-17.9%Mar 2026Quarterly

About this series

GDP in Latvia averaged $23.8B from 1995 until 2025, reaching an all-time high of $48.6B in Dec 2025 and a record low of $5.6B in Dec 1995. The series is reported yearly with history from 1995.

GDP, current prices, measures the total monetary value of all final goods and services produced in Latvia at current market prices. The data is reported in USD billions on an annual basis. The series spans from 1995 to 2025.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Latvia GDP FAQ