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Latvia’s GDP per Capita (PPP)

#97 of 186 in the GDP per Capita progress rankings

Measured as GDP per capita, PPP (current international $) this indicator quantifies a country’s economic output per resident by adjusting for living cost differences across nations. It reveals average prosperity and living standards (higher is better).

Latest (2024)
$43,866.96
Year-over-year
+$2,056.95
Change since start (1990→2024)
+$36,419.01

Key insights

  • From 1990 to 2024, GDP per Capita (PPP) changed by +$36,419.01.
  • Most recent year-over-year change (2023→2024): +$2,056.95.
  • Lowest level: $4,722.00 in 1993.
  • Highest level: $43,866.96 in 2024.

GDP per Capita Chart (1990–2024)

*Average based on available data from 193 UN member countries

GDP per Capita Table (1990–2024)

GDP per Capita (PPP) — Latvia
Year GDP per Capita (PPP)
1990 $7,447.95
1991 $6,761.93
1992 $4,759.78
1993 $4,722.00
1994 $5,011.63
1995 $5,341.55
1996 $5,636.10
1997 $6,308.93
1998 $6,878.64
1999 $7,199.81
2000 $7,840.88
2001 $8,861.65
2002 $9,756.30
2003 $10,565.73
2004 $11,761.31
2005 $13,343.89
2006 $15,024.64
2007 $17,281.04
2008 $18,634.73
2009 $16,559.52
2010 $17,343.47
2011 $18,618.70
2012 $20,494.05
2013 $21,850.13
2014 $22,973.69
2015 $24,137.88
2016 $25,802.16
2017 $27,645.82
2018 $29,817.80
2019 $32,199.10
2020 $32,741.42
2021 $36,912.01
2022 $39,960.84
2023 $41,810.01
2024 $43,866.96

Source: World Bank