GDP per employed person in Latvia

Latvia: GDP per employed person was 80,906 constant 2021 PPP $ in 2025. ▲ Rising

Latest (2025)
80,906 constant 2021 PPP $
Change on year
up 3.0%
World rank
52nd
of 177 countries
All-time high
80,906 constant 2021 PPP $
in 2025
All-time low
23,423 constant 2021 PPP $
in 1992
Years of data
35
1991–2025

GDP per employed person in Latvia, 1991–2025

20.0k40.0k60.0k80.0k1991200820251991: 33.2k constant 2021 PPP $1992: 23.4k constant 2021 PPP $1993: 25.5k constant 2021 PPP $1994: 27.3k constant 2021 PPP $1995: 27.6k constant 2021 PPP $1996: 29.2k constant 2021 PPP $1997: 30.1k constant 2021 PPP $1998: 32.1k constant 2021 PPP $1999: 33.5k constant 2021 PPP $2000: 36.7k constant 2021 PPP $2001: 38.9k constant 2021 PPP $2002: 41.1k constant 2021 PPP $2003: 44.4k constant 2021 PPP $2004: 48.1k constant 2021 PPP $2005: 52.9k constant 2021 PPP $2006: 56.3k constant 2021 PPP $2007: 60.6k constant 2021 PPP $2008: 58.9k constant 2021 PPP $2009: 57.6k constant 2021 PPP $2010: 59.3k constant 2021 PPP $2011: 60.2k constant 2021 PPP $2012: 63.3k constant 2021 PPP $2013: 63.5k constant 2021 PPP $2014: 65.0k constant 2021 PPP $2015: 66.6k constant 2021 PPP $2016: 68.7k constant 2021 PPP $2017: 70.6k constant 2021 PPP $2018: 72.7k constant 2021 PPP $2019: 73.2k constant 2021 PPP $2020: 72.0k constant 2021 PPP $2021: 79.1k constant 2021 PPP $2022: 79.0k constant 2021 PPP $2023: 77.5k constant 2021 PPP $2024: 78.5k constant 2021 PPP $2025: 80.9k constant 2021 PPP $

Source: World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data. Measured in constant 2021 PPP $.

Analysis

In 2025, gdp per employed person in Latvia stood at 80,906 constant 2021 PPP $. That is the highest value across all 35 years on record.

That represents a change of up 3.0% on the previous year and up 21.4% over ten years.

Over the whole period, gdp per employed person in Latvia peaked at 80,906 constant 2021 PPP $ in 2025 and was at its lowest, 23,423 constant 2021 PPP $, in 1992.

That places Latvia 52nd out of 177 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

GDP per employed person in Latvia, year by year

Annual values for GDP per employed person in Latvia, 1991 to 2025.
Year constant 2021 PPP $ Change
1991 33,215 constant 2021 PPP $
1992 23,423 constant 2021 PPP $ -29.5%
1993 25,501 constant 2021 PPP $ +8.9%
1994 27,322 constant 2021 PPP $ +7.1%
1995 27,571 constant 2021 PPP $ +0.9%
1996 29,157 constant 2021 PPP $ +5.8%
1997 30,075 constant 2021 PPP $ +3.1%
1998 32,141 constant 2021 PPP $ +6.9%
1999 33,523 constant 2021 PPP $ +4.3%
2000 36,697 constant 2021 PPP $ +9.5%
2001 38,913 constant 2021 PPP $ +6.0%
2002 41,078 constant 2021 PPP $ +5.6%
2003 44,413 constant 2021 PPP $ +8.1%
2004 48,058 constant 2021 PPP $ +8.2%
2005 52,909 constant 2021 PPP $ +10.1%
2006 56,318 constant 2021 PPP $ +6.4%
2007 60,570 constant 2021 PPP $ +7.5%
2008 58,887 constant 2021 PPP $ -2.8%
2009 57,620 constant 2021 PPP $ -2.2%
2010 59,343 constant 2021 PPP $ +3.0%
2011 60,206 constant 2021 PPP $ +1.5%
2012 63,334 constant 2021 PPP $ +5.2%
2013 63,543 constant 2021 PPP $ +0.3%
2014 65,031 constant 2021 PPP $ +2.3%
2015 66,625 constant 2021 PPP $ +2.5%
2016 68,654 constant 2021 PPP $ +3.0%
2017 70,602 constant 2021 PPP $ +2.8%
2018 72,656 constant 2021 PPP $ +2.9%
2019 73,185 constant 2021 PPP $ +0.7%
2020 72,012 constant 2021 PPP $ -1.6%
2021 79,090 constant 2021 PPP $ +9.8%
2022 79,009 constant 2021 PPP $ -0.1%
2023 77,515 constant 2021 PPP $ -1.9%
2024 78,512 constant 2021 PPP $ +1.3%
2025 80,906 constant 2021 PPP $ +3.0%

Latvia compared with similar countries

  • Latvia's 80,906 constant 2021 PPP $ is below the median for high income countries, which is 108,203 constant 2021 PPP $, 75% of the median. (59 countries reporting)
  • Latvia's 80,906 constant 2021 PPP $ is below the median for Europe & Central Asia, which is 90,831 constant 2021 PPP $, 89% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP per employed person in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 -29.5% 33,215 constant 2021 PPP $ 23,423 constant 2021 PPP $

Averages by decade

DecadeAverage LowestHighest Years
1990s 29,103 constant 2021 PPP $ 23,423 constant 2021 PPP $ 33,523 constant 2021 PPP $ 9
2000s 49,546 constant 2021 PPP $ 36,697 constant 2021 PPP $ 60,570 constant 2021 PPP $ 10
2010s 66,318 constant 2021 PPP $ 59,343 constant 2021 PPP $ 73,185 constant 2021 PPP $ 10
2020s 77,841 constant 2021 PPP $ 72,012 constant 2021 PPP $ 80,906 constant 2021 PPP $ 6

Countries ranked near Latvia

  1. 49 Estonia 82,213 constant 2021 PPP $ compare
  2. 50 Kuwait 81,972 constant 2021 PPP $ compare
  3. 51 Panama 81,808 constant 2021 PPP $ compare
  4. 53 Bulgaria 76,237 constant 2021 PPP $ compare
  5. 54 Gabon 73,046 constant 2021 PPP $ compare
  6. 55 Cyprus 72,892 constant 2021 PPP $ compare

See the full ranking of 177 places →

More work & labour data for Latvia

All data for Latvia →

Frequently asked questions

What is gdp per employed person in Latvia?
Gdp per employed person in Latvia was 80,906 constant 2021 PPP $ in 2025, according to World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data.
What is the highest gdp per employed person recorded in Latvia?
The highest recorded value was 80,906 constant 2021 PPP $ in 2025.
What is the lowest gdp per employed person recorded in Latvia?
The lowest recorded value was 23,423 constant 2021 PPP $ in 1992.
How does Latvia rank for gdp per employed person?
Latvia ranks 52nd out of 177 countries with data for 2025.
Is gdp per employed person rising or falling in Latvia?
Over the last ten years it is up 21.4%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data, published as part of GDP per employed person. Statizoid updates them automatically from the source API.

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GDP per employed person in Latvia. Statizoid, drawing on World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data. Retrieved 24 September 2026, from https://labour.statizoid.com/stat/gdp-per-person-employed-constant-ppp/latvia/

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About this data

Indicator
GDP per employed person
Unit
constant 2021 PPP $
Source
World Bank, International Labour Organization (ILO), UN Population Division, Eurostat, and OECD (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
177 places, 6,119 data points, 1991–2025
Last refreshed

Gross domestic product (GDP) divided by the total number of people employed in the economy. This data is adjusted for inflation and differences in living costs between countries.