Latvia - GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Latvia was 31,483 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 31,883 in 2019 and 5,515 in 1995.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices 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. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 5,515
1996 5,807
1997 6,487
1998 7,068
1999 7,406
2000 8,040
2001 9,045
2002 10,081
2003 11,061
2004 12,279
2005 13,914
2006 15,859
2007 18,237
2008 19,573
2009 17,024
2010 17,707
2011 19,248
2012 21,290
2013 22,639
2014 23,816
2015 24,973
2016 26,722
2017 28,674
2018 30,877
2019 31,883
2020 31,483

Statistical Concept and Methodology: For more information, see the metadata for PPP GDP in current international dollars (NY.GDP.MKTP.PP.CD) and total population (SP.POP.TOTL).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity