GDP in US dollars in Latvia

GDP of Latvia was US$48.6 billion in 2025. The value for 2025 is the highest in the series, which starts in 1995.

Measure: Gross domestic product in US dollars Unit: Current US dollars Data: 1995 to 2025 Source: World Bank
Latvia, 2025 US$48.6 billion Current US dollars
Change from 2024 +10.5% 2024: US$44.0 billion
European Union, 2025 US$21.24 trillion Official aggregate
Position in 2025 99th of 186 See the full ranking

GDP in US dollars in Latvia over time

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Latvia European Union ×

Current US dollars. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Gross domestic product in US dollars (current US dollars), 2001 to 2025
Period LatviaEuropean Union
2025 US$48.6 billion US$21.24 trillion
2024 US$44.0 billion US$19.50 trillion
2023 US$42.8 billion US$18.66 trillion
2022 US$38.0 billion US$17.02 trillion
2021 US$38.2 billion US$17.50 trillion
2020 US$33.4 billion US$15.50 trillion
2019 US$33.1 billion US$15.81 trillion
2018 US$33.2 billion US$16.09 trillion
2017 US$29.4 billion US$14.87 trillion
2016 US$27.1 billion US$13.99 trillion
2015 US$26.3 billion US$13.66 trillion
2014 US$30.3 billion US$15.76 trillion
2013 US$29.2 billion US$15.40 trillion
2012 US$27.1 billion US$14.73 trillion
2011 US$26.6 billion US$15.87 trillion
2010 US$23.5 billion US$14.64 trillion
2009 US$25.7 billion US$14.84 trillion
2008 US$34.1 billion US$16.36 trillion
2007 US$29.4 billion US$14.78 trillion
2006 US$20.4 billion US$12.75 trillion
2005 US$16.3 billion US$11.94 trillion
2004 US$13.8 billion US$11.43 trillion
2003 US$11.2 billion US$9.94 trillion
2002 US$9.2 billion US$8.09 trillion
2001 US$8.2 billion US$7.40 trillion

A dash means no value was published for that period.

In short

  • That is a change of +10.5% from US$44.0 billion in 2024.
  • Since 2015, when it was US$26.3 billion, the figure has changed by +84.5%.
  • Among the 186 countries with data for 2025, Latvia has the 99th highest value.
  • The figure for the European Union in 2025 was US$21.24 trillion.

Source and dates

Original producer
World Bank and OECD national accounts data, from national statistical offices
Distributed by
World Bank, World Development Indicators
Dataset or series code
NY.GDP.MKTP.CD · dataset details · view at source
Observation period
1995 to 2025 for Latvia
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: World Bank and OECD national accounts data, from national statistical offices