World StatisticsLatvia: GDP (current US$, billions), 1995–2025
Value in 202548.6
Change since 2015+84.5%26.3 (2015)
World rank99 / 1862025
Rank in region36 / 50Europe & Central Asia
World118,350.2World Bank aggregate
Trend and comparison
Neighbours in the 2025 ranking
51.2
49.8
49.3
49.0
48.6
48.1
47.0
45.5
41.2
Values and rank by year
| Year | GDP (current US$, billions) | vs prior year | World rank |
|---|---|---|---|
| 2025 | 48.6 | +10.5% | 99 / 186 |
| 2024 | 44.0 | +2.9% | 100 / 200 |
| 2023 | 42.8 | +12.6% | 97 / 204 |
| 2022 | 38.0 | -0.5% | 101 / 209 |
| 2021 | 38.2 | +14.4% | 96 / 210 |
| 2020 | 33.4 | +0.8% | 99 / 210 |
| 2019 | 33.1 | -0.4% | 102 / 211 |
| 2018 | 33.2 | +13.1% | 99 / 211 |
| 2017 | 29.4 | +8.4% | 102 / 211 |
| 2016 | 27.1 | +2.9% | 102 / 211 |
| 2015 | 26.3 | -13.0% | 103 / 212 |
| 2014 | 30.3 | +3.9% | 102 / 213 |
| 2013 | 29.2 | +7.5% | 101 / 212 |
| 2012 | 27.1 | +2.0% | 103 / 212 |
| 2011 | 26.6 | +13.2% | 102 / 214 |
| 2010 | 23.5 | -8.7% | 102 / 213 |
| 2009 | 25.7 | -24.7% | 96 / 213 |
| 2008 | 34.1 | +16.0% | 83 / 211 |
| 2007 | 29.4 | +44.0% | 83 / 210 |
| 2006 | 20.4 | +25.3% | 88 / 210 |
| 2005 | 16.3 | +17.9% | 92 / 209 |
| 2004 | 13.8 | +23.0% | 91 / 209 |
| 2003 | 11.2 | +21.6% | 94 / 209 |
| 2002 | 9.2 | +12.9% | 97 / 209 |
| 2001 | 8.2 | +5.5% | 101 / 205 |
| 2000 | 7.8 | +6.0% | 103 / 204 |
| 1999 | 7.3 | +5.0% | 102 / 202 |
| 1998 | 7.0 | +9.8% | 99 / 202 |
| 1997 | 6.3 | +9.5% | 104 / 201 |
| 1996 | 5.8 | +3.4% | 107 / 199 |
| 1995 | 5.6 | – | 106 / 199 |
- Population
- GDP per capita (current US$)
- GDP growth (annual %)
- 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.