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Latvia economy statistics

GDP, growth, inflation, trade for Latvia: the key indicators with the latest year available, the world ranking and the world value.

IndicatorLatviaYearWorld rankWorld
GDP (nominal)$48.6B2025#100 of 2080.0% of world
GDP at purchasing-power parity$85.3B2025#110 of 1990.0% of world
GDP per person$26K2025#60 of 208$14K
Real GDP growth2.1%2025#139 of 2072.9%
Inflation3.7%2025#118 of 1913.0%
Unemployment rate6.6%2025#118 of 1844.8%
Exports, % of GDP62.6%2025#35 of 18629.5%

Economy: world rankings · Latvia population

Economy in nearby countries: Russia, Germany, United Kingdom, France, Italy