EconoView.ai
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Latvia

Economy overviewEurope

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GDP2.1%
Inflation3.7%
Unemploy.6.6%
Debt46.9%
Invest.24.1%
Fiscal-4% GDP
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GDP Growth
2.1%
2025 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$26k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
$43k
▶ CHART
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
2%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$48.6bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2025
2.1%
2024
0%
2023
-0.9%
2022
1.9%
2021
6.9%
2020
-3.5%
2019
0.7%
2018
4.3%
2017
3.4%
2016
2.6%
2015
3.8%
2014
2.1%

Compare with peers

🇩🇪
Germany
GDP: 0.2%
🇬🇧
United Kingdom
GDP: 1.4%
🇫🇷
France
GDP: 0.8%
🇮🇹
Italy
GDP: 0.5%
🇪🇸
Spain
GDP: 2.8%
🇹🇷
Türkiye
GDP: 3.6%