Real GDP growth in Latvia

Real GDP in Latvia changed by 2.1% in 2025.

Measure: Real GDP growth (World Bank) Unit: Annual % change Data: 1991 to 2025 Source: World Bank
Latvia, 2025 2.1% Annual % change
Change from 2024 +2.2percentage points 2024: 0.0%
European Union, 2025 1.5% Official aggregate
Median of European Union (27 countries), 2025 1.8% Middle value of 27 countries
Position in 2025 130th of 186 See the full ranking

Real GDP growth in Latvia over time

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Latvia European Union ×

Annual % change. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Real GDP growth (World Bank) (annual % change), 2001 to 2025
Period LatviaEuropean Union
2025 2.1% 1.5%
2024 0.0% 1.1%
2023 -0.9% 0.4%
2022 1.9% 3.6%
2021 6.9% 6.4%
2020 -3.5% -5.6%
2019 0.7% 1.9%
2018 4.3% 2.0%
2017 3.4% 2.8%
2016 2.6% 1.9%
2015 3.8% 2.4%
2014 2.1% 1.6%
2013 2.1% 0.0%
2012 7.3% -0.8%
2011 3.0% 2.0%
2010 -3.7% 2.2%
2009 -16.0% -4.3%
2008 -3.4% 0.6%
2007 10.4% 3.1%
2006 12.8% 3.6%
2005 11.6% 2.0%
2004 8.7% 2.6%
2003 8.4% 0.9%
2002 7.7% 1.1%
2001 6.5% 2.2%

A dash means no value was published for that period.

In short

  • That is a change of +2.2 percentage points from 0.0% in 2024.
  • Since 2015, when it was 3.8%, the figure has changed by −1.6 percentage points.
  • Among the 186 countries with data for 2025, Latvia has the 130th highest value.
  • The figure for the European Union in 2025 was 1.5%.

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.KD.ZG · dataset details · view at source
Observation period
1991 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