Latvia - GDP (current LCU)

The value for GDP (current LCU) in Latvia was 29,510,980,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 30,647,220,000 in 2019 and a minimum value of 4,059,337,000 in 1995.

Definition: 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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 4,059,337,000
1996 4,682,205,000
1997 5,395,984,000
1998 6,014,655,000
1999 6,272,632,000
2000 6,868,490,000
2001 7,470,967,000
2002 8,406,365,000
2003 9,571,793,000
2004 11,096,720,000
2005 13,662,280,000
2006 17,199,980,000
2007 22,703,840,000
2008 24,527,910,000
2009 19,000,010,000
2010 18,087,980,000
2011 19,763,840,000
2012 21,924,450,000
2013 22,749,010,000
2014 23,625,800,000
2015 24,572,130,000
2016 25,371,320,000
2017 26,984,430,000
2018 29,153,560,000
2019 30,647,220,000
2020 29,510,980,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts