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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

Latvia GDP growth (annual %)-32.12-9.64712.8319911996200120062011201620212025
LatviaWorld median (countries)Europe & Central Asia median

Neighbours in the 2025 ranking

Values and rank by year

YearGDP growth (annual %)vs prior yearWorld rank
20252.1+5869.3%130 / 186
2024-0.0+96.1%179 / 200
2023-0.9-149.3%190 / 204
20221.9-72.5%166 / 209
20216.9+300.1%65 / 210
2020-3.5-613.7%98 / 210
20190.7-84.3%169 / 210
20184.3+26.8%66 / 211
20173.4+33.2%101 / 210
20162.6-32.6%125 / 210
20153.8+80.6%78 / 211
20142.1-0.1%140 / 210
20132.1-71.3%137 / 209
20127.3+140.6%32 / 209
20113.0+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
200710.4-18.8%19 / 205
200612.8+10.4%9 / 204
200511.6+33.1%12 / 204
20048.7+3.5%30 / 204
20038.4+10.0%30 / 204
20027.7+18.7%24 / 200
20016.5+10.6%31 / 200
20005.8+107.2%56 / 199
19992.8-57.0%114 / 199
19986.6-28.6%39 / 199
19979.2+298.8%22 / 197
19962.3+343.4%136 / 197
1995-0.9-143.1%174 / 196
19942.2+143.9%125 / 195
1993-5.0+84.5%168 / 195
1992-32.1-155.0%191 / 194
1991-12.6–184 / 194

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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.