Real GDP growth in Latvia

Real GDP in Latvia changed by 2.2% in 2025 compared with the previous year.

Measure: Real GDP growth rate (Eurostat) Unit: % change on previous year, chain-linked volumes Data: 1996 to 2025 Source: Eurostat
Latvia, 2025 2.2% % change on previous year, chain-linked volumes
Change from 2024 +1.7percentage points 2024: 0.5%
European Union, 2025 1.4% Official aggregate
Median of European Union (27 countries), 2025 1.6% Middle value of 27 countries
Position in 2025 16th of 36 See the full ranking

Real GDP growth in Latvia over time

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Latvia European Union ×

% change on previous year, chain-linked volumes. Source: Eurostat. Gaps mean no published value; points are not joined across missing years.

Real GDP growth rate (Eurostat) (% change on previous year, chain-linked volumes), 2001 to 2025
Period LatviaEuropean Union
2025 2.2% 1.4%
2024 0.5% 1.4%
2023 -1.0% 0.4%
2022 1.7% 3.6%
2021 6.9% 6.4%
2020 -3.5% -5.5%
2019 0.7% 1.9%
2018 4.3% 2.1%
2017 3.4% 2.9%
2016 2.6% 2.0%
2015 3.8% 2.4%
2014 2.1% 1.6%
2013 2.1% 0.0%
2012 7.3% -0.8%
2011 3.0% 1.9%
2010 -3.7% 2.1%
2009 -16.0% -4.3%
2008 -3.4% 0.6%
2007 10.4% 3.1%
2006 12.8% 3.5%
2005 11.6% 1.9%
2004 8.7% 2.5%
2003 8.4% 0.9%
2002 7.7% 1.0%
2001 6.5% 2.1%

A dash means no value was published for that period.

In short

  • That is a change of +1.7 percentage points from 0.5% in 2024.
  • Since 2015, when it was 3.8%, the figure has changed by −1.6 percentage points.
  • Among the 36 countries with data for 2025, Latvia has the 16th highest value.
  • The figure for the European Union in 2025 was 1.4%.

Source and dates

Original producer
Eurostat
Source
Eurostat, the statistical office of the European Union
Dataset or series code
nama_10_gdp · dataset details · view at source
Selection
freq=A unit=CLV_PCH_PRE na_item=B1GQ
Observation period
1996 to 2025 for Latvia
Provider update
5 November 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
Eurostat reuse policy (attribution)
Attribution
Source: Eurostat