Latvia—GDP per Capita (USD)
Latvia's GDP per capita was $28,630 in 2026, ranking #50 out of 192 countries. This represents a +9.6% change from 2025. Over the past 27 years, the highest recorded value was $28,630 (2026) and the lowest was $3,260 (2000). The IMF WEO projects $36,887 by 2031. Data sourced from the IMF World Economic Outlook.
Line styles separate years at 2026. This date threshold does not establish whether an individual reading is observed, estimated or forecast. Gaps are not interpolated.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | $36,887 | +4.5% |
| 2030 | $35,296 | +4.9% |
| 2029 | $33,654 | +5.1% |
| 2028 | $32,019 | +5.2% |
| 2027 | $30,423 | +6.3% |
| 2026 | $28,630 | +9.6% |
| 2025 | $26,116 | +11.5% |
| 2024 | $23,416 | +3.7% |
| 2023 | $22,579 | +11.4% |
| 2022 | $20,276 | +0.5% |
| 2021 | $20,182 | +15.4% |
| 2020 | $17,484 | +1.4% |
| 2019 | $17,242 | +0.3% |
| 2018 | $17,196 | +14.1% |
| 2017 | $15,066 | +9.4% |
| 2016 | $13,769 | +3.8% |
| 2015 | $13,266 | -12.3% |
| 2014 | $15,131 | +5.0% |
| 2013 | $14,407 | +8.6% |
| 2012 | $13,271 | +2.6% |
| 2011 | $12,934 | +16.7% |
| 2010 | $11,086 | -6.9% |
| 2009 | $11,910 | -23.9% |
| 2008 | $15,647 | +17.3% |
| 2007 | $13,339 | +45.3% |
| 2006 | $9,180 | +26.5% |
| 2005 | $7,260 | +19.5% |
| 2004 | $6,075 | +24.2% |
| 2003 | $4,892 | +22.7% |
| 2002 | $3,988 | +14.6% |
| 2001 | $3,481 | +6.8% |
| 2000 | $3,260 |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | $28,630 | +9.6% |
| 2027Forecast | $30,423 | +6.3% |
| 2028Forecast | $32,019 | +5.2% |
| 2029Forecast | $33,654 | +5.1% |
| 2030Forecast | $35,296 | +4.9% |
| 2031Forecast | $36,887 | +4.5% |
Top Countries — GDP per Capita (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Liechtenstein | $230,417 | 2026 |
| 2 | Luxembourg | $155,733 | 2026 |
| 3 | Ireland | $127,837 | 2026 |
| 4 | Switzerland | $124,478 | 2026 |
| 5 | Norway | $115,188 | 2026 |
| 6 | Singapore | $109,117 | 2026 |
| 7 | Iceland | $107,464 | 2026 |
| 8 | United States | $95,212 | 2026 |
| 9 | Denmark | $82,714 | 2026 |
| 10 | Netherlands | $78,535 | 2026 |
About This Indicator
Definition
Current-price economic output divided by the population.
Methodology
Calculated by dividing nominal GDP (in current USD) by the total midyear population. The IMF uses its own GDP estimates and UN population projections. This measure uses market exchange rates for currency conversion.
Unit
current US dollars per person