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GDP growth in Latvia

Is that economy growing or stalling?

Latvia's gdp growth is 2.14 % — #79 of 127 countries on the atlas (higher is better). Period 2025.

2.14%

Checked 8 Sept 2026Period 2025

Source: World Bank open data (GDP growth, GDP/capita, unemployment, government debt)

GDP growth in Latvia over time

12.83 %-1.61 %-16.04 %12.83 % · 2006-16.04 % · 20092000: 5.84 %2001: 6.46 %2002: 7.67 %2003: 8.43 %2004: 8.73 %2005: 11.62 %2006: 12.83 %2007: 10.41 %2008: -3.39 %2009: -16.04 %2010: -3.66 %2011: 3.04 %2012: 7.31 %2013: 2.10 %2014: 2.09 %2015: 3.78 %2016: 2.55 %2017: 3.40 %2018: 4.31 %2019: 0.68 %2020: -3.47 %2021: 6.94 %2022: 1.91 %2023: -0.94 %2024: -0.04 %2025: 2.14 %2000201220252.14 %
26 official observations, 2000 → 2025. Every point is a published value — never interpolated.
Rank
#79 of 127
higher is better
Ranked behind
38 %
48 of 127 countries
Latest move
▲ 2.17 pp
since 2024
Below its peak
10.69 pp
peak 12.83 % in 2006
Full series
▼ 3.70 pp
since 2000

In Europe: #16 of 39vs median 2.90 %: −0.76 pp (worse)

Among 127 countries

4 of 127 countries between -2.71 % and -2.14 %2 of 127 countries between -2.14 % and -1.56 %1 of 127 countries between -1.56 % and -0.99 %3 of 127 countries between -0.99 % and -0.41 %12 of 127 countries between 0.16 % and 0.74 %11 of 127 countries between 0.74 % and 1.31 %12 of 127 countries between 1.31 % and 1.89 %9 of 127 countries between 1.89 % and 2.47 %14 of 127 countries between 2.47 % and 3.04 %13 of 127 countries between 3.04 % and 3.62 %11 of 127 countries between 3.62 % and 4.19 %10 of 127 countries between 4.19 % and 4.77 %6 of 127 countries between 4.77 % and 5.34 %3 of 127 countries between 5.34 % and 5.92 %1 of 127 countries between 5.92 % and 6.49 %2 of 127 countries between 6.49 % and 7.07 %3 of 127 countries between 7.07 % and 7.64 %2 of 127 countries between 7.64 % and 8.22 %2 of 127 countries between 8.22 % and 8.79 %2 of 127 countries between 9.37 % and 9.95 %4 of 127 countries between 10.52 % and 11.10 %median 2.90 %Latvia: ahead of 38 % of the 127 countries with a published gdp growthLatvia 2.14 %-2.71 %11.10 %
Half of all 127 countries sit between 1.30 % and 4.37 %. Latvia is ahead of 38 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGDP growthvs Latvia
77 Brazil2.29 %+0.15 pp
78 United States2.16 %+0.02 pp
79 Latvia2.14 %—
80 Bosnia and Herzegovina2.13 %−0.01 pp
81 Dominican Republic2.12 %−0.02 pp

Annual real GDP growth (World Bank).

How to read this figure

Annual growth of real GDP (World Bank) — the size of the economy adjusted for inflation. Population growth matters: a country can grow 2 % while its GDP per person stands still.

Next, about Latvia

GDP per capitaUnemployment rateInflation rate
GDP growth, all countries ranked →Compare Latvia with another country →Everything about Latvia →
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