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Latvia: Nominal GDP

Millions of local currency · 1965–2025 · 61 observations · forecasts to 2031 · nGDP

2025
41.9 billionlocal currency
Change on 2024
+5.8%year on year
Average growth, 2015–2025
+5.9%a year
In US dollars, 2025
$47.3 billionUS dollars

Nominal GDP

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10M100M1B10B100B1970198019902000201020202030LatviaLatvia
ForecastLocal currency

Compare with other countries →Definition of Nominal GDP

Recent values

Millions of local currency

YearValue
203155,628Forecast
203052,997Forecast
202950,505Forecast
202848,079Forecast
202745,495Forecast
202643,879Forecast
202541,926
202439,613
202339,072
202236,104
202132,285
202029,224
201929,567
201828,153
201726,017
201624,498

Sources

  • WDI (archive)1965–1997
  • Penn World Table1990–2019
  • FAO1990–2023
  • IMF Global Debt Database1990–2024
  • United Nations1990–2024
  • AMECO (European Commission)1990–2025
  • World Development Indicators1990–2025
  • IMF World Economic Outlook1992–2025
  • Eurostat1995–2025
  • IMF International Financial Statistics1995–2025
  • OECD Economic Outlook1995–2025
  • World Bank Global Economic Monitor1995–2025
  • AMECO (forecast)2025–2027
  • OECD Economic Outlook (forecast)2025–2027
  • IMF WEO (forecast)2025–2031

Compare these sources →

Latvia documentation (PDF)

More for Latvia

Real GDP per capita (USD)Real GDPInflationUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 73 series →

Nominal GDP elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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