Latvia—GDP per Person Employed (USD)
Category: EconomySource: World Bank World Development Indicators ↗Global Rank: #50 of 177Updated April 2026
Latest Value
$78,505
2024
YoY Change
+1.3%
2023 → 2024
Global Rank
#50
of 177 countries
Maximum
$79,090
2021
Minimum
$36,697
2000
CAGR
+3.2%
25 years
Last
$78,505
Previous
$77,515
Highest
$79,090
Lowest
$36,697
Source
World Bank World Development Indicators
Latvia's gdp per person employed (usd) was $78,505 in 2024, ranking #50 out of 177 countries. This represents a +1.3% change from 2023. Over the past 25 years, the highest recorded value was $79,090 (2021) and the lowest was $36,697 (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $78,505 | +1.3% |
| 2023 | $77,515 | -1.9% |
| 2022 | $79,009 | -0.1% |
| 2021 | $79,090 | +9.8% |
| 2020 | $72,011 | -1.6% |
| 2019 | $73,185 | +0.7% |
| 2018 | $72,656 | +2.9% |
| 2017 | $70,602 | +2.8% |
| 2016 | $68,654 | +3.0% |
| 2015 | $66,625 | +2.5% |
| 2014 | $65,031 | +2.3% |
| 2013 | $63,543 | +0.3% |
| 2012 | $63,334 | +5.2% |
| 2011 | $60,206 | +1.5% |
| 2010 | $59,343 | +3.0% |
| 2009 | $57,620 | -2.2% |
| 2008 | $58,887 | -2.8% |
| 2007 | $60,570 | +7.5% |
| 2006 | $56,318 | +6.4% |
| 2005 | $52,909 | +10.1% |
| 2004 | $48,058 | +8.2% |
| 2003 | $44,413 | +8.1% |
| 2002 | $41,078 | +5.6% |
| 2001 | $38,913 | +6.0% |
| 2000 | $36,697 |
Top Countries — GDP per Person Employed (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Luxembourg | $263,864 | 2024 |
| 2 | Ireland | $234,913 | 2024 |
| 3 | Singapore | $223,022 | 2024 |
| 4 | Guyana | $204,862 | 2024 |
| 5 | Macao SAR, China | $194,417 | 2024 |
| 6 | Norway | $171,996 | 2024 |
| 7 | Brunei Darussalam | $163,274 | 2024 |
| 8 | United States | $153,544 | 2024 |
| 9 | Switzerland | $150,729 | 2024 |
| 10 | Qatar | $149,895 | 2024 |
About This Indicator
Definition
GDP per person employed is gross domestic product (GDP) divided by total employment in the economy. Purchasing power parity (PPP) GDP is GDP converted to 2021 constant international dollars using PPP rates. An international dollar has the same purchasing power over GDP that a U.S. dollar has in the United States.
Methodology
Data compiled by Staff estimates, World Bank (WB), International Labour Organization (ILO).