Latvia: Gross Domestic Product (GDP)

* indicates monthly or quarterly data series
The most recent value is 10.1 billion Euro as of Q3 2024, an increase compared to the previous value of 10.04 billion Euro. Historically, the average for Latvia from Q1 1995 to Q3 2024 is 4.71 billion Euro. The minimum of 0.9 billion Euro was recorded in Q1 1995, while the maximum of 10.55 billion Euro was reached in Q4 2023. Click on the following link to see the values of: Gross Domestic Product (GDP) around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Euro
  • Source: Eurostat

Recent values Latvia: GDP, billion currency units
2024  Q3 10.1
2024  Q2 10.04
2024  Q1 8.82
2023  Q4 10.55
2023  Q3 9.8
2023  Q2 9.83
2023  Q1 8.89
2022  Q4 9.54


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Definition: The Gross Domestic Product (GDP) is the sum of the 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. The data are in billion local currency units using current prices.

 Related indicators Latest Reference Measure
 Economic growth 1.71 2023 percent
 GDP, constant dollars 31.9 2023 billion U.S. dollars
 GDP, current U.S. dollars 42.25 2023 billion U.S. dollars
 GDP per capita, current dollars 22,502.84 2023 U.S. dollars
 GDP per capita, PPP 37,007 2023 U.S. dollars
 GDP per capita, constant dollars 16,945.21 2023 U.S. dollars
 Productivity, relative to the U.S. 63.32 2022 index points
 Productivity, current USD 58.8 2023 USD per hour worked
 Economic growth, quarterly -1.00 Q3/2024 percent
 Economic growth Q-on-Q -0.20 Q3/2024 percent
 Gross Domestic Product (GDP) 10.10 Q3/2024 billion
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