🇱🇻 Latvia

Frequently Asked Questions

What is Latvia's GDP in 2026?

Latvia's GDP is approximately $43.5 billion, representing 0.0% of world GDP, making it the #98 largest economy out of 183 countries. Based on the latest verified data from 2024.

What is Latvia's population?

Latvia has a population of approximately 1.9M — the #150 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.

What is Latvia's GDP per capita?

Latvia's GDP per capita is approximately $23,368, ranking #53 globally. This metric reflects average economic output per person and is a key indicator of living standards.

How fast is Latvia's economy growing?

Latvia's economy is currently contracting at approximately 0.4% per year, ranking #138 globally by GDP growth rate. Data sourced from the World Bank.

What region is Latvia in?

Latvia is located in the Europe & Central Asia region and is classified as a high income economy by the World Bank. This classification is based on gross national income (GNI) per capita.