Latvia: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 11.49 billion Euro as of Q2 2026, an increase compared to the previous value of 9.86 billion Euro. Historically, the average for Latvia from Q1 1995 to Q2 2026 is 5.06 billion Euro. The minimum of 0.9 billion Euro was recorded in Q1 1995, while the maximum of 11.82 billion Euro was reached in Q4 2025.
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* indicates monthly or quarterly data series
- Measure: billion Euro
- 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.
- Source: Eurostat
| Recent values | Latvia: GDP, billion currency units |
|---|---|
| 2026 Q2 | 11.49 |
| 2026 Q1 | 9.86 |
| 2025 Q4 | 11.82 |
| 2025 Q3 | 11.21 |
| 2025 Q2 | 10.7 |
| 2025 Q1 | 9.3 |
| 2024 Q4 | 11.1 |
| 2024 Q3 | 10.48 |
Download data from our database Other resources: All indicators for Latvia All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 2.14 | 2025 | percent |
| GDP, constant dollars | 31.2 | 2025 | billion U.S. dollars |
| GDP, current U.S. dollars | 48.62 | 2025 | billion U.S. dollars |
| GDP per capita, current dollars | 26,311.97 | 2025 | U.S. dollars |
| GDP per capita, PPP | 38,801 | 2025 | U.S. dollars |
| GDP per capita, constant dollars | 16,892.37 | 2025 | 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 | 3.00 | Q2/2026 | percent |
| Economic growth Q-on-Q | 0.70 | Q2/2026 | percent |
| Gross Domestic Product (GDP) | 11.49 | Q2/2026 | billion |