Nominal GDP in billions of USD
Year -
$43.52 billions(2.23%)
In 2024, Latvia witnessed an increase in its Nominal GDP, rising to 43.52 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 81.70 international billion dollars.
Relatedly, in the preceding year of 2023, Latvia has Nominal GDP stood at 42.57 billion dollars, while the GDP based on PPP was 78.50 international billion dollars.
The net change in Latvia's GDP (Nominal) in 2024 increased by 0.95 billion dollars(2.23%), and GDP (PPP) increased by 3.20 international billion dollars(4.08%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | - | - | - | 19.84 | - | - |
| 1991 | - | - | - | 17.92 | - | - |
| 1992 | - | - | - | 12.44 | - | - |
| 1993 | - | - | - | 12.1 | - | - |
| 1994 | - | - | - | 12.63 | - | - |
| 1995 | 5.61 | - | - | 13.27 | - | - |
| 1996 | 5.8 | 0.19 | 3.39 % | 13.85 | 0.58 | 4.37 % |
| 1997 | 6.35 | 0.55 | 9.48 % | 15.35 | 1.5 | 10.83 % |
| 1998 | 6.97 | 0.62 | 9.76 % | 16.58 | 1.23 | 8.01 % |
| 1999 | 7.32 | 0.35 | 5.02 % | 17.21 | 0.63 | 3.8 % |
| 2000 | 7.76 | 0.44 | 6.01 % | 18.56 | 1.35 | 7.84 % |
| 2001 | 8.19 | 0.43 | 5.54 % | 20.71 | 2.15 | 11.58 % |
| 2002 | 9.25 | 1.06 | 12.94 % | 22.54 | 1.83 | 8.84 % |
| 2003 | 11.24 | 1.99 | 21.51 % | 24.17 | 1.63 | 7.23 % |
| 2004 | 13.83 | 2.59 | 23.04 % | 26.62 | 2.45 | 10.14 % |
| 2005 | 16.31 | 2.48 | 17.93 % | 29.87 | 3.25 | 12.21 % |
| 2006 | 20.43 | 4.12 | 25.26 % | 33.33 | 3.46 | 11.58 % |
| 2007 | 29.42 | 8.99 | 44 % | 38.02 | 4.69 | 14.07 % |
| 2008 | 34.14 | 4.72 | 16.04 % | 40.57 | 2.55 | 6.71 % |
| 2009 | 25.69 | -8.45 | -24.75 % | 35.47 | -5.1 | -12.57 % |
| 2010 | 23.47 | -2.22 | -8.64 % | 36.38 | 0.91 | 2.57 % |
| 2011 | 26.58 | 3.11 | 13.25 % | 38.35 | 1.97 | 5.42 % |
| 2012 | 27.12 | 0.54 | 2.03 % | 41.69 | 3.34 | 8.71 % |
| 2013 | 29.15 | 2.03 | 7.49 % | 43.98 | 2.29 | 5.49 % |
| 2014 | 30.28 | 1.13 | 3.88 % | 45.8 | 1.82 | 4.14 % |
| 2015 | 26.34 | -3.94 | -13.01 % | 47.73 | 1.93 | 4.21 % |
| 2016 | 27.12 | 0.78 | 2.96 % | 50.56 | 2.83 | 5.93 % |
| 2017 | 29.39 | 2.27 | 8.37 % | 53.7 | 3.14 | 6.21 % |
| 2018 | 33.25 | 3.86 | 13.13 % | 57.46 | 3.76 | 7 % |
| 2019 | 33.1 | -0.15 | -0.45 % | 61.62 | 4.16 | 7.24 % |
| 2020 | 33.38 | 0.28 | 0.85 % | 62.22 | 0.6 | 0.97 % |
| 2021 | 38.18 | 4.8 | 14.38 % | 69.56 | 7.34 | 11.8 % |
| 2022 | 38.01 | -0.17 | -0.45 % | 75.1 | 5.54 | 7.96 % |
| 2023 | 42.57 | 4.56 | 12 % | 78.5 | 3.4 | 4.53 % |
| 2024 | 43.52 | 0.95 | 2.23 % | 81.7 | 3.2 | 4.08 % |