Latvia - GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Latvia was 14,046 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 14,471 in 2019 and a minimum value of 4,480 in 1995.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.

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

Year Value
1995 4,480
1996 4,648
1997 5,109
1998 5,485
1999 5,682
2000 6,063
2001 6,530
2002 7,075
2003 7,745
2004 8,478
2005 9,489
2006 10,722
2007 11,885
2008 11,621
2009 10,131
2010 9,882
2011 10,321
2012 11,185
2013 11,533
2014 11,863
2015 12,426
2016 12,837
2017 13,380
2018 14,023
2019 14,471
2020 14,046

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts