Life expectancy
76.4 · 2024
World Bank · CC BY 4.0
Latvia
$23,409GDP per capita · 2024
Long-run GDP per capita
Real GDP per capita in 2011 international dollars, 1973–2022. Maddison Project Database 2023.
Economic events
Crises and shocks, also marked on the chart above.
- 1873–1879Long Depression
- 1918–1920Influenza pandemic
- 1929–1939Great Depression
- 1973–19741973 oil crisis
- 19791979 oil crisis
- 1997–1998Asian financial crisis
- 2000–2002Dot-com crash
- 2008–2009Global financial crisis
- 2010–2012European sovereign-debt crisis
- 2020–2021COVID-19 pandemic
- 2022Global inflation surge
Demographics
Population
1.9M · 2024
World Bank · CC BY 4.0
Population growth
-0.9% · 2024
World Bank · CC BY 4.0
Urban population
68.5% · 2024
World Bank · CC BY 4.0
Environment
CO₂ per capita
3.6 · 2024
World Bank · CC BY 4.0
External
Current account balance
-1.6% · 2024
World Bank · CC BY 4.0
Current account balance (IMF)
-3.4% · 2025
IMF · IMF terms
Government
Central government debt
7.4% · 1994
World Bank · CC BY 4.0
Government gross debt
46.9% · 2025
IMF · IMF terms
Labour
Unemployment
6.6% · 2025
World Bank · CC BY 4.0
Unemployment rate (IMF)
6.9% · 2025
IMF · IMF terms
Output & growth
GDP
$43.7B · 2024
World Bank · CC BY 4.0
GDP (IMF)
$48.6B · 2025
IMF · IMF terms
GDP (PPP)
Int’l$ 81B · 2025
IMF · IMF terms
GDP growth
-0.0% · 2024
World Bank · CC BY 4.0
GDP per capita
$23,409 · 2024
World Bank · CC BY 4.0
GDP per capita (IMF)
$26,116 · 2025
IMF · IMF terms
GNI per capita
$21,630 · 2024
World Bank · CC BY 4.0
Real GDP growth
2.1% · 2025
IMF · IMF terms
Prices
Inflation (CPI)
1.3% · 2024
World Bank · CC BY 4.0
Inflation (avg CPI)
3.8% · 2025
IMF · IMF terms
Society
Income inequality (Gini)
34 · 2023
World Bank · CC BY 4.0
Internet users
92.7% · 2024
World Bank · CC BY 4.0
Trade
Exports
65.3% · 2024
World Bank · CC BY 4.0
Imports
66.9% · 2024
World Bank · CC BY 4.0
Trade
132.3% · 2024
World Bank · CC BY 4.0