Latvia

LVAEurope & Central AsiaHigh incomeCapital: Riga
Economy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
76/80 indicators · percentile vs world (IMF / WB / WHO)underover
Latvia in world space2000–2024
1k10k100k505560657075808590GDP per capita (USD, log)Life expectancy (years)20002024
192 countries · log scale on X world Latvia· trajectory line: 1980 → today
▶About Latvia

Latvia's GDP is $53.69B (2026), with a population of 1.8M, and GDP per capita of $28,913. Key indicators include real GDP growth of 2.2%, inflation at 3.0%, unemployment at 6.7%, government debt at 47.4% of GDP, life expectancy of 76.4 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.

▶Economy32 indicators · 2021–2026 · IMF / WB
IndicatorValueYearΔ YoYSrc
GDP (Current USD)$53.69B2026▲ 10.5%IMF
Real GDP Growth (%)2.2%2026▲ 4.8%IMF
GDP per Capita (USD)$28,9132026▲ 10.7%IMF
GDP, PPP (Intl $)$85.12B2026▲ 5.1%IMF
GDP per Capita, PPP (Intl $)$45,8402026▲ 5.4%IMF
Share of World GDP, PPP (%)0.04%2026▲ 0.0%IMF
GNI (Current USD)$48.20B2025▲ 12.7%WB
GNI per Capita, Atlas Method (Current US$)$24,9802025▲ 16.1%WB
GNI per Capita, PPP (Current Intl $)$45,7402025▲ 7.2%WB
Industry Value Added (% of GDP)18.7%2025▲ 0.8%WB
Services Value Added (% of GDP)64.2%2025▼ 0.8%WB
Agriculture Value Added (% of GDP)4.0%2025▲ 1.6%WB
Government Consumption (% of GDP)22.9%2025▲ 5.5%WB
Household Consumption (% of GDP)57.6%2025▼ 1.4%WB
Gross Capital Formation (% of GDP)24.1%2025▲ 12.1%WB
Gross Savings (% of GDP)20.7%2025▲ 7.9%WB
GDP Deflator Inflation (Annual %)3.6%2025▲ 30.0%WB
GDP per Employed Person (Constant 2021 PPP $)$80,9062025▲ 3.0%WB
Manufacturing Value Added (% of GDP)10.0%2025▲ 0.4%WB
Medium/High-Tech Manufacturing (% of total)20.9%2022▲ 10.9%WB
Adjusted Net National Income per Capita (USD)$16,2392021▲ 14.8%WB
Adjusted Net Savings (% of GNI)3.1%2021▼ 39.8%WB
External Balance on Goods & Services (% of GDP)-4.6%2025▼ 189.3%WB
Coal Rents (% of GDP)0.00%2021—WB
Mineral Rents (% of GDP)0.00%2021—WB
Oil Rents (% of GDP)0.07%2021▲ 108.1%WB
Natural Gas Rents (% of GDP)0.00%2021—WB
Total Natural Resources Rents (% of GDP)1.2%2021▼ 8.6%WB
Forest Rents (% of GDP)1.10%2021▼ 11.5%WB
Industry Value Added (Current USD)$9.08B2025▲ 11.3%WB
GDP per Capita, PPP (Constant 2021 Intl $)$38,8012025▲ 3.2%WB
GDP per Capita (Constant 2015 US$)$16,8922025▲ 3.2%WB
▶Fiscal & Monetary17 indicators · 2004–2026 · IMF / WB
▶Trade15 indicators · 2024–2025 · WB
IndicatorValueYearΔ YoYSrc
Trade (% of GDP)129.7%2025▼ 1.2%WB
Exports of Goods & Services (% of GDP)62.6%2025▼ 3.5%WB
Imports of Goods & Services (% of GDP)67.2%2025▲ 1.1%WB
Exports of Goods & Services (USD)$30.42B2025▲ 6.6%WB
Imports of Goods & Services (USD)$32.65B2025▲ 11.7%WB
Merchandise Exports (USD)$22.12B2025▲ 7.2%WB
Merchandise Imports (USD)$26.28B2025▲ 10.8%WB
FDI Inflows (% of GDP)0.5%2025▼ 85.4%WB
FDI Outflows (% of GDP)0.7%2025▲ 11.8%WB
FDI Net Inflows (USD)$243.7M2025▼ 83.9%WB
Personal Remittances Received (USD)$1.44B2025▲ 7.9%WB
Personal Remittances Received (% of GDP)3.0%2025▼ 2.4%WB
High-Tech Exports (% of manufactured)17.5%2024▼ 5.7%WB
Current Account Balance (% of GDP)-3.4%2025▼ 116.0%WB
Current Account Balance (USD)$-1.64B2025▼ 138.7%WB
▶Finance9 indicators · 2003–2025 · WB
▶Business Environment1 indicator · 2024 · WB
IndicatorValueYearΔ YoYSrc
Time to Get Electricity (days)372024▼ 16.0%WB
▶Private Sector6 indicators · 2024 · WB
▶People23 indicators · 2023–2025 · WB
IndicatorValueYearΔ YoYSrc
Population1.8M2025▼ 1.0%WB
Population Growth (%)-1.0%2025▼ 5.3%WB
Population Density (per km²)302023▲ 0.2%WB
Surface Area (sq km)64,5902023▲ 0.0%WB
Land Area (sq km)62,2302023▲ 0.0%WB
Urban Population (%)68.6%2025▲ 0.2%WB
Urban Population (total)1.3M2025▼ 0.8%WB
Rural Population (%)31.4%2025▼ 0.5%WB
Life Expectancy at Birth76.4 years2024▲ 1.3%WB
Life Expectancy, Male71.6 years2024▲ 1.6%WB
Life Expectancy, Female81.5 years2024▲ 1.1%WB
Fertility Rate (births per woman)1.22024▼ 8.8%WB
Birth Rate (per 1,000)6.92024▼ 10.4%WB
Death Rate (per 1,000)14.32024▼ 4.0%WB
Net Migration-7,3302025▼ 229.4%WB
Population Ages 0–14 (%)15.2%2025▼ 1.5%WB
Population Ages 15–64 (%)62.6%2025▼ 0.4%WB
Population Ages 65+ (%)22.2%2025▲ 2.1%WB
Age Dependency Ratio (%)59.7%2025▲ 1.0%WB
Old-Age Dependency Ratio (%)35.4%2025▲ 2.5%WB
Youth Dependency Ratio (%)24.3%2025▼ 1.1%WB
Mortality Rate, Adult Male (per 1,000)214.52024▼ 5.6%WB
Mortality Rate, Adult Female (per 1,000)74.32024▼ 2.8%WB
▶Labor20 indicators · 2024–2025 · WB
IndicatorValueYearΔ YoYSrc
Total Labor Force948,4282025▼ 1.2%WB
Labor Force Participation (%)60.5%2025▼ 0.5%WB
Female Labor Force Participation (%)55.2%2025▼ 0.5%WB
Male Labor Force Participation (%)66.8%2025▼ 0.6%WB
Unemployment (%)6.6%2025▼ 4.8%WB
Female Unemployment (%)5.5%2025▼ 4.8%WB
Male Unemployment (%)7.6%2025▼ 4.9%WB
Youth Unemployment (%)12.9%2025▼ 4.9%WB
Employment in Agriculture (%)6.7%2025▼ 3.8%WB
Employment in Industry (%)21.8%2025▼ 0.6%WB
Employment in Services (%)71.5%2025▲ 0.6%WB
Labor Force Participation, Age 15+ (National Estimate, %)61.6%2025▲ 0.8%WB
Vulnerable Employment (%)8.6%2025▼ 1.1%WB
Wage & Salaried Workers (% of total)86.3%2025▲ 0.1%WB
Part-Time Employment (%)9.4%2024▲ 0.2%WB
Employers (% of total employment)5.0%2025▲ 0.1%WB
Labor Force, Female (% of total)49.8%2025▼ 0.1%WB
Employment to Population Ratio (%)56.5%2025▼ 0.2%WB
Self-Employed (% of total)13.7%2025▼ 0.6%WB
NEET Youth (% not in education/employment)9.9%2024▲ 73.5%WB
▶Education21 indicators · 2011–2024 · WB
▶Health49 indicators · 2020–2025 · WHO
IndicatorValueYearΔ YoYSrc
Health Spending (% of GDP)7.3%2023▼ 10.2%WHO
Health Spending per Capita (USD)$1,6452023▲ 0.2%WHO
Government Health Spending (% of GDP)4.3%2023▼ 17.5%WHO
Out-of-Pocket Health Spending (% of total)35.1%2023▲ 14.0%WHO
Physicians (per 1,000 people)3.42022▲ 1.3%WHO
Nurses & Midwives (per 1,000)4.42022▼ 0.4%WHO
Hospital Beds (per 1,000)52023▼ 1.4%WHO
Under-5 Mortality (per 1,000 live births)2.52024▼ 10.7%WHO
Neonatal Mortality (per 1,000)1.22024▼ 7.7%WHO
Maternal Mortality (per 100,000)192023▼ 34.5%WHO
Under-5 Mortality, Female (per 1,000)2.32024▼ 8.0%WHO
Under-5 Mortality, Male (per 1,000)2.72024▼ 10.0%WHO
Communicable, Maternal, Prenatal & Nutrition Causes (% of Deaths)14.8%2021▲ 196.9%WHO
Cause of Death, Non-Communicable (%)81.1%2021▼ 10.3%WHO
Cause of Death, Injury (%)4.1%2021▼ 10.8%WHO
Measles Immunization (% of children)98.0%2024▲ 1.0%WHO
DPT Immunization (% of children)97.0%2024▼ 1.0%WHO
HIV Incidence (per 1,000)0.12024▲ 0.0%WHO
Tuberculosis Incidence (per 100,000)212024▼ 4.5%WHO
Stunting, Children Under 5 (%)0.5%2021—WHO
Overweight, Children Under 5 (%)6.5%2021—WHO
Current Tobacco Use, Male Adults (%)47.2%2024▼ 1.3%WHO
Current Tobacco Use, Female Adults (%)21.9%2024▼ 0.5%WHO
Suicide Mortality Rate (per 100,000)15.22021▼ 15.5%WHO
Alcohol Consumption (liters per capita)12.92020▼ 1.7%WHO
Life Expectancy at Birth (WHO)73.202517242021—WHO
Remaining Life Expectancy at Age 60 (WHO)18.862352562021—WHO
Healthy Life Expectancy at Birth (HALE)63.762673582021—WHO
Infant Mortality, Under Age 1 (WHO)2.1536814862024—WHO
Under-5 Mortality (WHO)2.5009613752024—WHO
Neonatal Mortality, 0–27 Days (WHO)1.20068482024—WHO
Maternal Deaths (WHO Estimates)2.6671414652023—WHO
Estimated Tuberculosis Incidence (WHO)212024—WHO
TB Mortality, Excluding HIV (per 100K)2.72024—WHO
People Living with HIV60002025—WHO
Diabetes Prevalence, Age 18+ (age-standardized, %)9.30057472022—WHO
DTP3 Immunization Coverage (WHO/UNICEF)992025—WHO
Measles First-Dose Coverage (MCV1, WHO/UNICEF)992025—WHO
Hepatitis B Three-Dose Coverage (HepB3, WHO/UNICEF)992025—WHO
Physicians (total)6,3092023▼ 1.3%WHO
Nursing & Midwifery Personnel8,2112023▼ 0.2%WHO
Dentists (total)1,3522023▲ 1.6%WHO
Pharmacists (total)1,6082024▲ 0.1%WHO
Child Wasting, Under 5 (survey, %)1.62021—WHO
Child Stunting, Under 5 (survey, %)0.52021—WHO
Child Underweight, Under 5 (survey, %)02021—WHO
UHC Service Coverage Index (SDG 3.8.1)772023—WHO
Road Traffic Death Rate (per 100K)9.82021—WHO
Current Health Expenditure per Capita (WHO, US$)1645.41528322023—WHO
▶Energy & Environment18 indicators · 2021–2025 · WB / WHO
▶Agriculture12 indicators · 2016–2024 · WB
▶Technology13 indicators · 2021–2025 · WB
▶Infrastructure9 indicators · 2021–2024 · WB
IndicatorValueYearΔ YoYSrc
Air Transport, Passengers Carried4.5M2023▲ 22.1%WB
Air Transport, Freight (million ton-km)2.42023▼ 90.6%WB
Container Port Traffic (TEU)490,9712024▲ 4.7%WB
Rail Lines (total km)1,8592021▲ 0.0%WB
Rail Passengers Carried (million passenger-km)3612021▼ 12.6%WB
Railways, Goods (million ton-km)7,3672021▼ 7.7%WB
Logistics Performance Index (1–5)3.502022▲ 24.6%WB
Electricity from Oil (%)0.0%2024▼ 100.0%WB
Electricity from Nuclear (%)0.0%2021—WB
▶Gender8 indicators · 2017–2025 · WB
▶Governance10 indicators · 2023 · WB
IndicatorValueYearΔ YoYSrc
Control of Corruption0.72023▲ 0.6%WB
Government Effectiveness0.72023▲ 0.7%WB
Political Stability0.592023▲ 21.5%WB
Regulatory Quality1.172023▲ 0.1%WB
Rule of Law1.042023▲ 12.9%WB
Voice & Accountability0.992023▲ 5.9%WB
Control of Corruption (percentile rank)74.5%2023▼ 1.2%WB
Government Effectiveness (percentile rank)74.1%2023▼ 1.3%WB
Rule of Law (percentile rank)83.0%2023▲ 4.1%WB
Political Stability (percentile rank)66.8%2023▲ 9.8%WB
▶Military6 indicators · 2020–2024 · WB
IndicatorValueYearΔ YoYSrc
Military Spending (% of GDP)3.3%2024▲ 9.7%WB
Military Expenditure (USD)$1.43B2024▲ 13.7%WB
Armed Forces Personnel9,0002020▲ 50.0%WB
Armed Forces (% of labor force)0.9%2020▲ 50.0%WB
Military Spending (% of govt expenditure)7.5%2024▲ 9.5%WB
Intentional Homicides (per 100,000)2.52023▼ 29.9%WB
▶Poverty & Inequality12 indicators · 2022–2023 · WB
▶Social Protection8 indicators · 2009–2020 · WB
IndicatorValueYearΔ YoYSrc
Social Insurance Coverage (%)45.7%2009▼ 12.8%—
Social Assistance Coverage (%)50.8%2009▲ 30.4%—
Labor Market Programs Coverage (%)9.8%2009▲ 27.9%—
Social Protection Coverage (%)80.3%2009▲ 2.8%—
Human Capital Index (0–1)0.712020▼ 4.3%WB
Human Capital Index, Female0.752020▼ 4.9%WB
Human Capital Index, Male0.662020▼ 3.6%WB
Learning-Adjusted Years of School11.0 years2020▼ 5.0%WB
▶Tourism6 indicators · 2007–2020 · WB
IndicatorValueYearΔ YoYSrc
International Tourism, Arrivals3.2M2020▼ 61.6%WB
International Tourism, Departures690,0002020▼ 71.1%WB
Tourism Receipts (USD)$880.0M2007▲ 41.5%WB
Tourism Expenditures (USD)$1.02B2007▲ 29.6%WB
Tourism Receipts (% of total exports)7.3%2007▲ 0.9%WB
International Tourism, Transport Services (USD)$209.0M2007▲ 47.2%WB
▶Urban Development7 indicators · 2022–2025 · WB / WHO
IndicatorValueYearΔ YoYSrc
Urban Population Growth (%)-0.8%2025▼ 2.1%WB
Population in Largest City615,7642025▼ 0.5%WB
Population in Largest City (% of urban)48.6%2025▲ 0.3%WB
Population in Slums (% of urban)0.6%2022▼ 1.2%WB
Rural Population Growth (%)-1.5%2025▼ 9.4%WB
Access to Safely Managed Drinking Water (%)97.0%2024▲ 0.0%WHO
Access to Safely Managed Sanitation (%)92.5%2024▲ 0.0%WHO