Latvia: GDP growth (annual %), 1991–2025
Value in 20252.1
Change since 2015-43.5%3.8 (2015)
World rank130 / 1862025
Rank in region24 / 50Europe & Central Asia
World2.9World Bank aggregate
Trend and comparison
Neighbours in the 2025 ranking
2.3
2.3
2.2
2.1
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2.1
2.1
2.1
2.0
Values and rank by year
| Year | GDP growth (annual %) | vs prior year | World rank |
|---|---|---|---|
| 2025 | 2.1 | +5869.3% | 130 / 186 |
| 2024 | -0.0 | +96.1% | 179 / 200 |
| 2023 | -0.9 | -149.3% | 190 / 204 |
| 2022 | 1.9 | -72.5% | 166 / 209 |
| 2021 | 6.9 | +300.1% | 65 / 210 |
| 2020 | -3.5 | -613.7% | 98 / 210 |
| 2019 | 0.7 | -84.3% | 169 / 210 |
| 2018 | 4.3 | +26.8% | 66 / 211 |
| 2017 | 3.4 | +33.2% | 101 / 210 |
| 2016 | 2.6 | -32.6% | 125 / 210 |
| 2015 | 3.8 | +80.6% | 78 / 211 |
| 2014 | 2.1 | -0.1% | 140 / 210 |
| 2013 | 2.1 | -71.3% | 137 / 209 |
| 2012 | 7.3 | +140.6% | 32 / 209 |
| 2011 | 3.0 | +182.9% | 122 / 210 |
| 2010 | -3.7 | +77.2% | 202 / 210 |
| 2009 | -16.0 | -373.3% | 207 / 209 |
| 2008 | -3.4 | -132.5% | 197 / 206 |
| 2007 | 10.4 | -18.8% | 19 / 205 |
| 2006 | 12.8 | +10.4% | 9 / 204 |
| 2005 | 11.6 | +33.1% | 12 / 204 |
| 2004 | 8.7 | +3.5% | 30 / 204 |
| 2003 | 8.4 | +10.0% | 30 / 204 |
| 2002 | 7.7 | +18.7% | 24 / 200 |
| 2001 | 6.5 | +10.6% | 31 / 200 |
| 2000 | 5.8 | +107.2% | 56 / 199 |
| 1999 | 2.8 | -57.0% | 114 / 199 |
| 1998 | 6.6 | -28.6% | 39 / 199 |
| 1997 | 9.2 | +298.8% | 22 / 197 |
| 1996 | 2.3 | +343.4% | 136 / 197 |
| 1995 | -0.9 | -143.1% | 174 / 196 |
| 1994 | 2.2 | +143.9% | 125 / 195 |
| 1993 | -5.0 | +84.5% | 168 / 195 |
| 1992 | -32.1 | -155.0% | 191 / 194 |
| 1991 | -12.6 | – | 184 / 194 |
- Population
- GDP (current US$, billions)
- GDP per capita (current US$)
- Inflation, consumer prices (annual %)
- Unemployment (% of labour force, ILO estimate)
- Life expectancy at birth (years)
- Fertility rate (births per woman)
- Population aged 65 and above (% of total)
- Urban population (% of total)
- Internet users (% of population)
- Surface area (km²)
- Population density (people per km² of land)
- Exports of goods and services (% of GDP)
For each indicator and economy the most recent non-empty year is used, so years can differ between countries. Ranks compare only economies that have data. Aggregates (regions, income groups) are excluded from rankings; the world value is shown for reference. Values are as published by the World Bank and are revised several times a year.