| Source | World Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant) |
| IMF World Economic Outlook (April 2024) | |
| Date | 01 Sep 2024 |
According to the IMF World Economic Outlook (April 2024), Latvia's nominal GDP per capita in 2024 is projected to be around $24,194 at current prices. Based on PPP, Latvia's GDP per capita in 2024 is forecast at 41,730 billion international dollars.
Latvia ranks 48th in the world by GDP (nominal) per capita and 55th by GDP (PPP) per capita on the 195 economies list. Latvia is ranked 26th in nominal and 30th in the PPP list among 42 European economies.
| Year | GDP per capita ($/Int. $) | |
|---|---|---|
| Nominal | PPP | |
| 2023 | 23,153 | 40,002 |
| 2024 | 24,194 | 41,730 |
| 2025 | 25,739 | 43,587 |
| 2026 | 27,113 | 45,603 |
| 2027 | 28,544 | 47,716 |
| 2028 | 30,052 | 49,929 |
| 2029 | 31,619 | 52,256 |
| Year | GDP (Nominal) per capita ($) | GDP (PPP) per capita (Int. $) | % to World | Rank/Total | ||||
|---|---|---|---|---|---|---|---|---|
| Current | Constant (2015) | Current | Constant (2021) | Nominal | PPP | Nominal | PPP | |
| 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 | - | 8,127 | 7,688 | 18,134 | - | 138 | - | 63/186 |
| 1991 | - | 7,137 | 6,980 | 15,925 | - | 121 | - | 72/187 |
| 1992 | - | 4,912 | 4,913 | 10,960 | - | 82.6 | - | 92/188 |
| 1993 | - | 4,760 | 4,874 | 10,621 | - | 79.8 | - | 92/188 |
| 1994 | - | 4,946 | 5,173 | 11,037 | - | 81.7 | - | 89/189 |
| 1995 | 2,330 | 4,970 | 5,514 | 11,090 | 42.8 | 83.7 | 94/199 | 88/190 |
| 1996 | 2,432 | 5,156 | 5,807 | 11,506 | 44.4 | 84.4 | 91/199 | 86/190 |
| 1997 | 2,683 | 5,668 | 6,486 | 12,648 | 49.8 | 90.5 | 90/199 | 83/192 |
| 1998 | 2,974 | 6,084 | 7,068 | 13,577 | 56.1 | 96.7 | 86/201 | 82/192 |
| 1999 | 3,152 | 6,303 | 7,406 | 14,065 | 58.4 | 97.9 | 87/202 | 80/192 |
| 2000 | 3,362 | 6,725 | 8,041 | 15,007 | 61.0 | 100 | 85/203 | 79/194 |
| 2001 | 3,578 | 7,244 | 9,047 | 16,164 | 66.2 | 109 | 83/204 | 76/194 |
| 2002 | 4,137 | 7,848 | 10,081 | 17,512 | 74.7 | 117 | 81/208 | 70/195 |
| 2003 | 5,145 | 8,591 | 11,062 | 19,171 | 84.0 | 124 | 74/208 | 68/195 |
| 2004 | 6,379 | 9,405 | 12,279 | 20,987 | 93.6 | 128 | 73/208 | 67/195 |
| 2005 | 7,595 | 10,526 | 13,914 | 23,489 | 104 | 137 | 74/208 | 65/195 |
| 2006 | 9,723 | 11,895 | 15,859 | 26,544 | 125 | 144 | 71/209 | 63/196 |
| 2007 | 14,114 | 13,185 | 18,241 | 29,422 | 163 | 155 | 65/209 | 62/196 |
| 2008 | 16,467 | 12,891 | 19,573 | 28,767 | 175 | 159 | 64/210 | 62/199 |
| 2009 | 12,332 | 11,237 | 17,023 | 25,075 | 140 | 139 | 67/210 | 68/200 |
| 2010 | 11,421 | 10,962 | 17,704 | 24,462 | 120 | 137 | 73/210 | 70/200 |
| 2011 | 13,339 | 11,451 | 19,248 | 25,552 | 127 | 142 | 75/213 | 70/201 |
| 2012 | 13,847 | 12,410 | 21,291 | 27,693 | 131 | 151 | 72/211 | 68/199 |
| 2013 | 15,007 | 12,796 | 22,639 | 28,554 | 140 | 155 | 69/211 | 63/200 |
| 2014 | 15,742 | 13,163 | 23,816 | 29,372 | 144 | 158 | 70/212 | 66/199 |
| 2015 | 13,786 | 13,786 | 24,973 | 30,764 | 135 | 164 | 71/210 | 61/199 |
| 2016 | 14,332 | 14,243 | 26,722 | 31,782 | 140 | 171 | 72/210 | 59/198 |
| 2017 | 15,695 | 14,845 | 28,674 | 33,127 | 146 | 176 | 71/210 | 58/199 |
| 2018 | 17,865 | 15,558 | 30,877 | 34,718 | 158 | 180 | 69/210 | 57/199 |
| 2019 | 17,883 | 15,759 | 33,295 | 35,166 | 157 | 185 | 70/211 | 57/199 |
| 2020 | 18,096 | 15,312 | 33,733 | 34,169 | 165 | 190 | 60/210 | 54/198 |
| 2021 | 20,930 | 16,482 | 36,778 | 36,778 | 169 | 187 | 59/209 | 57/198 |
| 2022 | 21,508 | 17,015 | 41,107 | 37,967 | 169 | 190 | 55/203 | 52/194 |
| 2023 | 23,184 | 16,945 | 42,501 | 37,813 | 176 | 185 | 46/187 | 51/184 |