According to the IMF World Economic Outlook (October 2024), Latvia's nominal GDP per capita in 2024 is projected to be around $24,223 at current prices. Based on PPP, Latvia's GDP per capita in 2024 is forecast at 43,527 billion international dollars.

Latvia ranks 50th in the world by GDP (nominal) per capita and 52nd by GDP (PPP) per capita on the 194 economies list. Latvia is ranked 27th in nominal and 31st in the PPP list among 42 European economies.

  • Nominal
  • PPP

Projections by IMF

Year GDP per capita ($/Int. $)
NominalPPP
202323,17641,938
202424,22343,527
202525,68145,447
202627,20347,534
202728,63249,709
202830,15351,983
202931,77354,363

Estimates by World Bank

Year GDP (Nominal) per capita ($) GDP (PPP) per capita (Int. $) % to World Rank/Total
CurrentConstant (2015) CurrentConstant (2021)NominalPPPNominalPPP
1960--------
1961--------
1962--------
1963--------
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1975--------
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1982--------
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1984--------
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1986--------
1987--------
1988--------
1989--------
1990-8,1277,68818,134-138-63/186
1991-7,1376,98015,925-121-72/187
1992-4,9124,91310,960-82.6-92/188
1993-4,7604,87410,621-79.8-92/188
1994-4,9465,17311,037-81.7-89/189
19952,3304,9705,51411,09042.883.794/19988/190
19962,4325,1565,80711,50644.484.491/19986/190
19972,6835,6686,48612,64849.890.590/19983/192
19982,9746,0847,06813,57756.196.786/20182/192
19993,1526,3037,40614,06558.497.987/20280/192
20003,3626,7258,04115,00761.010085/20379/194
20013,5787,2449,04716,16466.210983/20476/194
20024,1377,84810,08117,51274.711781/20870/195
20035,1458,59111,06219,17184.012474/20868/195
20046,3799,40512,27920,98793.612873/20867/195
20057,59510,52613,91423,48910413774/20865/195
20069,72311,89515,85926,54412514471/20963/196
200714,11413,18518,24129,42216315565/20962/196
200816,46712,89119,57328,76717515964/21062/199
200912,33211,23717,02325,07514013967/21068/200
201011,42110,96217,70424,46212013773/21070/200
201113,33911,45119,24825,55212714275/21370/201
201213,84712,41021,29127,69313115172/21168/199
201315,00712,79622,63928,55414015569/21163/200
201415,74213,16323,81629,37214415870/21266/199
201513,78613,78624,97330,76413516471/21061/199
201614,33214,24326,72231,78214017172/21059/198
201715,69514,84528,67433,12714617671/21058/199
201817,86515,55830,87734,71815818069/21057/199
201917,88315,75933,29535,16615718570/21157/199
202018,09615,31233,73334,16916519060/21054/198
202120,93016,48236,77836,77816918759/20957/198
202221,50817,01541,10737,96716919055/20352/194
202323,18416,94542,50137,81317618546/18751/184