Growth rate of real gdp per employed person in Latvia
Latvia: Growth rate of real gdp per employed person was 1.93 in 2025. ◆ Volatile
Growth rate of real gdp per employed person in Latvia, 2000–2025
Source: Our World in Data.
Analysis
In 2025, growth rate of real gdp per employed person in Latvia stood at 1.93.
The figure is up 286.0% on the previous year and down 21.2% over ten years.
Over the whole period, growth rate of real gdp per employed person in Latvia peaked at 10.1 in 2005 and was at its lowest, -2.78, in 2008.
Latvia ranks 84th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Growth rate of real gdp per employed person in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 9.45 | — |
| 2001 | 6.02 | -36.3% |
| 2002 | 5.56 | -7.6% |
| 2003 | 8.13 | +46.2% |
| 2004 | 8.2 | +0.9% |
| 2005 | 10.1 | +23.2% |
| 2006 | 6.46 | -36.0% |
| 2007 | 7.56 | +17.0% |
| 2008 | -2.78 | -136.8% |
| 2009 | -2.15 | -22.7% |
| 2010 | 2.99 | -239.1% |
| 2011 | 1.46 | -51.2% |
| 2012 | 5.19 | +255.5% |
| 2013 | 0.33 | -93.6% |
| 2014 | 2.34 | +609.1% |
| 2015 | 2.45 | +4.7% |
| 2016 | 3.05 | +24.5% |
| 2017 | 2.84 | -6.9% |
| 2018 | 2.9 | +2.1% |
| 2019 | 0.73 | -74.8% |
| 2020 | -1.62 | -321.9% |
| 2021 | 9.81 | -705.6% |
| 2022 | -0.23 | -102.3% |
| 2023 | 2.03 | -982.6% |
| 2024 | 0.5 | -75.4% |
| 2025 | 1.93 | +286.0% |
Latvia compared with similar countries
- Latvia's 1.93 is above the median for high income countries, which is 1.52, 1.3× the median. (62 countries reporting)
- Latvia's 1.93 is below the median for Europe & Central Asia, which is 2.21, 87% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Growth rate of real 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.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +982.6% | -0.23 | 2.03 |
| 2021 | +705.6% | -1.62 | 9.81 |
| 2014 | +609.1% | 0.33 | 2.34 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.65 | -2.78 | 10.1 | 10 |
| 2010s | 2.43 | 0.33 | 5.19 | 10 |
| 2020s | 2.07 | -1.62 | 9.81 | 6 |
Countries ranked near Latvia
More work & labour data for Latvia
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.02 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.04 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.94 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.2718 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,152 1000 No (2050)
- Population - Est. & Proj. — Rural population 365.13 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 470.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 455.07 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 925.37 1000 No (2100)
Frequently asked questions
- What is growth rate of real gdp per employed person in Latvia?
- Growth rate of real gdp per employed person in Latvia was 1.93 in 2025, according to Our World in Data.
- What is the highest growth rate of real gdp per employed person recorded in Latvia?
- The highest recorded value was 10.1 in 2005.
- What is the lowest growth rate of real gdp per employed person recorded in Latvia?
- The lowest recorded value was -2.78 in 2008.
- How does Latvia rank for growth rate of real gdp per employed person?
- Latvia ranks 84th out of 187 countries with data for 2025.
- Is growth rate of real gdp per employed person rising or falling in Latvia?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Growth rate of real gdp per employed person. Statizoid updates them automatically from the source API.
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