GDP per capita of Latvia

Source	World Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant)
Source	IMF World Economic Outlook (October 2024)
Date	24 Dec 2024

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According to the IMF World Economic Outlook (October 2024), Latvia's nominal GDP per capita in 2024 is projected to be around $24,223 at current prices. Based on PPP, Latvia's GDP per capita in 2024 is forecast at 43,527 billion international dollars.

Latvia ranks 50th in the world by GDP (nominal) per capita and 52nd by GDP (PPP) per capita on the 194 economies list. Latvia is ranked 27th in nominal and 31st in the PPP list among 42 European economies.

Nominal
PPP

Projections by IMF
Year	GDP per capita ($/Int. $)
Year	Nominal	PPP
2023	23,176	41,938
2024	24,223	43,527
2025	25,681	45,447
2026	27,203	47,534
2027	28,632	49,709
2028	30,153	51,983
2029	31,773	54,363

Estimates by World Bank
Year	GDP (Nominal) per capita ($)		GDP (PPP) per capita (Int. $)		% to World		Rank/Total
Year	Current	Constant (2015)	Current	Constant (2021)	Nominal	PPP	Nominal	PPP
1960	-	-	-	-	-	-	-	-
1961	-	-	-	-	-	-	-	-
1962	-	-	-	-	-	-	-	-
1963	-	-	-	-	-	-	-	-
1964	-	-	-	-	-	-	-	-
1965	-	-	-	-	-	-	-	-
1966	-	-	-	-	-	-	-	-
1967	-	-	-	-	-	-	-	-
1968	-	-	-	-	-	-	-	-
1969	-	-	-	-	-	-	-	-
1970	-	-	-	-	-	-	-	-
1971	-	-	-	-	-	-	-	-
1972	-	-	-	-	-	-	-	-
1973	-	-	-	-	-	-	-	-
1974	-	-	-	-	-	-	-	-
1975	-	-	-	-	-	-	-	-
1976	-	-	-	-	-	-	-	-
1977	-	-	-	-	-	-	-	-
1978	-	-	-	-	-	-	-	-
1979	-	-	-	-	-	-	-	-
1980	-	-	-	-	-	-	-	-
1981	-	-	-	-	-	-	-	-
1982	-	-	-	-	-	-	-	-
1983	-	-	-	-	-	-	-	-
1984	-	-	-	-	-	-	-	-
1985	-	-	-	-	-	-	-	-
1986	-	-	-	-	-	-	-	-
1987	-	-	-	-	-	-	-	-
1988	-	-	-	-	-	-	-	-
1989	-	-	-	-	-	-	-	-
1990	-	8,127	7,688	18,134	-	138	-	63/186
1991	-	7,137	6,980	15,925	-	121	-	72/187
1992	-	4,912	4,913	10,960	-	82.6	-	92/188
1993	-	4,760	4,874	10,621	-	79.8	-	92/188
1994	-	4,946	5,173	11,037	-	81.7	-	89/189
1995	2,330	4,970	5,514	11,090	42.8	83.7	94/199	88/190
1996	2,432	5,156	5,807	11,506	44.4	84.4	91/199	86/190
1997	2,683	5,668	6,486	12,648	49.8	90.5	90/199	83/192
1998	2,974	6,084	7,068	13,577	56.1	96.7	86/201	82/192
1999	3,152	6,303	7,406	14,065	58.4	97.9	87/202	80/192
2000	3,362	6,725	8,041	15,007	61.0	100	85/203	79/194
2001	3,578	7,244	9,047	16,164	66.2	109	83/204	76/194
2002	4,137	7,848	10,081	17,512	74.7	117	81/208	70/195
2003	5,145	8,591	11,062	19,171	84.0	124	74/208	68/195
2004	6,379	9,405	12,279	20,987	93.6	128	73/208	67/195
2005	7,595	10,526	13,914	23,489	104	137	74/208	65/195
2006	9,723	11,895	15,859	26,544	125	144	71/209	63/196
2007	14,114	13,185	18,241	29,422	163	155	65/209	62/196
2008	16,467	12,891	19,573	28,767	175	159	64/210	62/199
2009	12,332	11,237	17,023	25,075	140	139	67/210	68/200
2010	11,421	10,962	17,704	24,462	120	137	73/210	70/200
2011	13,339	11,451	19,248	25,552	127	142	75/213	70/201
2012	13,847	12,410	21,291	27,693	131	151	72/211	68/199
2013	15,007	12,796	22,639	28,554	140	155	69/211	63/200
2014	15,742	13,163	23,816	29,372	144	158	70/212	66/199
2015	13,786	13,786	24,973	30,764	135	164	71/210	61/199
2016	14,332	14,243	26,722	31,782	140	171	72/210	59/198
2017	15,695	14,845	28,674	33,127	146	176	71/210	58/199
2018	17,865	15,558	30,877	34,718	158	180	69/210	57/199
2019	17,883	15,759	33,295	35,166	157	185	70/211	57/199
2020	18,096	15,312	33,733	34,169	165	190	60/210	54/198
2021	20,930	16,482	36,778	36,778	169	187	59/209	57/198
2022	21,508	17,015	41,107	37,967	169	190	55/203	52/194
2023	23,184	16,945	42,501	37,813	176	185	46/187	51/184