Real GDP growth in Latvia

Real GDP growth in Latvia was 2.4% in 2025, according to Eurostat, European Commission. That is up 1.9 pts from 2024. That is the 11th highest of 27 EU countries in 2025.

20252.4%
Change on 2024+1.9 pts
Rank11th of 27EU countries ranked
Series high12.82006
Series low-162009

Real GDP growth in Latvia, 2000 to 2025

CSVChart (SVG)

-20-100102020002004200820122016202020252000: 5.8 %2001: 6.5 %2002: 7.7 %2003: 8.4 %2004: 8.7 %2005: 11.6 %2006: 12.8 %2007: 10.4 %2008: -3.4 %2009: -16 %2010: -3.7 %2011: 3 %2012: 7.3 %2013: 2.1 %2014: 2.1 %2015: 3.8 %2016: 2.6 %2017: 3.4 %2018: 4.3 %2019: 0.7 %2020: -3.5 %2021: 6.9 %2022: 1.7 %2023: -1 %2024: 0.5 %2025: 2.4 %
%. Source: Eurostat. Retrieved 2026-10-07, published 2026-10-07.
All 26 values
Period%
20252.4
20240.5
2023-1
20221.7
20216.9
2020-3.5
20190.7
20184.3
20173.4
20162.6
20153.8
20142.1
20132.1
20127.3
20113
2010-3.7
2009-16
2008-3.4
200710.4
200612.8
200511.6
20048.7
20038.4
20027.7
20016.5
20005.8

Compared with European Union (27)

Place2025
Latvia2.4
European Union (27)1.4

Rankings

Definition

Annual percentage change of GDP in chain-linked volumes, or at constant prices in the World Bank series.

Each value comes from one official source for that place: national statistics offices, Eurostat, for the United States the Bureau of Economic Analysis or, for other countries and the World, the World Bank. Annual values compare one calendar year with the previous one; quarterly values compare a quarter with the same quarter a year earlier. Past values can be revised. United States figures come from BEA tables SAGDP11 for the nation and states and CAGDP11 for counties. Growth in small counties can swing widely from year to year.

How to cite

Eurostat. GDP and main components, chain-linked volumes, percentage change (nama_10_gdp). https://ec.europa.eu/eurostat/databrowser/view/nama_10_gdp/default/table. Retrieved 2026-10-07.

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Questions

What is the real GDP growth in Latvia?

Real GDP growth in Latvia was 2.4% in 2025, according to Eurostat, European Commission. That is up 1.9 pts from 2024. That is the 11th highest of 27 EU countries in 2025.

Where does this figure come from?

Eurostat, European Commission. GDP and main components, chain-linked volumes, percentage change (nama_10_gdp). Retrieved by Invokely on 2026-10-07.

What was the highest real GDP growth in Latvia?

12.8% in 2006, the highest value since 2000 in this series.

More statistics for Latvia

All statistics for Latvia