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Latvia - Gross domestic product per capita in current prices

15,550 (US dollars) in 2017

In 2017, GDP per capita for Latvia was 15,550 US dollars. GDP per capita of Latvia increased from 2,965 US dollars in 1998 to 15,550 US dollars in 2017 growing at an average annual rate of 10.26 %.

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What is GDP per capita?

GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

What is Latvia GDP per capita?

Date Value Change, %
2017 15,550 11.00 %
2016 14,009 3.10 %
2015 13,588 -13.35 %
2014 15,681 4.88 %
2013 14,952 8.64 %
2012 13,762 0.19 %
2011 13,736 22.33 %
2010 11,228 -7.45 %
2009 12,131 -25.65 %
2008 16,317 16.46 %
2007 14,010 45.41 %
2006 9,635