Latvia - GDP (constant LCU)

The value for GDP (constant LCU) in Latvia was 26,693,210,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 27,695,390,000 in 2019 and a minimum value of 11,133,200,000 in 1995.

Definition: 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. Data are in constant local currency.

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

Year Value
1995 11,133,200,000
1996 11,421,330,000
1997 12,430,630,000
1998 13,218,220,000
1999 13,582,540,000
2000 14,353,450,000
2001 15,261,770,000
2002 16,343,390,000
2003 17,719,910,000
2004 19,187,470,000
2005 21,243,450,000
2006 23,785,270,000
2007 26,150,240,000
2008 25,302,240,000
2009 21,697,110,000
2010 20,727,040,000
2011 21,258,570,000
2012 22,754,600,000
2013 23,212,140,000
2014 23,653,190,000
2015 24,572,130,000
2016 25,153,900,000
2017 25,987,270,000
2018 27,024,030,000
2019 27,695,390,000
2020 26,693,210,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts