Latvia - GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Latvia was 57,204,030,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 59,351,710,000 in 2019 and 23,858,650,000 in 1995.

Definition: 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 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 23,858,650,000
1996 24,476,120,000
1997 26,639,050,000
1998 28,326,880,000
1999 29,107,620,000
2000 30,759,690,000
2001 32,706,250,000
2002 35,024,170,000
2003 37,974,080,000
2004 41,119,080,000
2005 45,525,080,000
2006 50,972,250,000
2007 56,040,420,000
2008 54,223,140,000
2009 46,497,280,000
2010 44,418,410,000
2011 45,557,490,000
2012 48,763,510,000
2013 49,744,020,000
2014 50,689,200,000
2015 52,658,500,000
2016 53,905,240,000
2017 55,691,170,000
2018 57,912,960,000
2019 59,351,710,000
2020 57,204,030,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity