Latvia - GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in Latvia was 28,782,650,000 as of 2016. Over the past 21 years, the value for this indicator has fluctuated between 29,041,150,000 in 2007 and 12,867,760,000 in 1995.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1995 12,867,760,000
1996 13,159,240,000
1997 14,351,880,000
1998 15,276,200,000
1999 15,427,740,000
2000 16,398,310,000
2001 17,531,270,000
2002 18,751,950,000
2003 20,201,730,000
2004 21,540,380,000
2005 24,094,200,000
2006 26,561,530,000
2007 29,041,150,000
2008 28,518,950,000
2009 26,482,130,000
2010 24,056,060,000
2011 25,266,300,000
2012 26,114,580,000
2013 26,914,640,000
2014 27,389,750,000
2015 28,107,280,000
2016 28,782,650,000

Development Relevance: Because development encompasses many factors - economic, environmental, cultural, educational, and institutional - no single measure gives a complete picture. However, the total earnings of the residents of an economy, measured by its gross national income (GNI), is a good measure of its capacity to provide for the well-being of its people.

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts