Latvia GDP Growth Rate 1995-2020

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Latvia gdp growth rate for 2018 was 4.77%, a 0.13% increase from 2017.
  • Latvia gdp growth rate for 2017 was 4.64%, a 2.57% increase from 2016.
  • Latvia gdp growth rate for 2016 was 2.06%, a 0.91% decline from 2015.
  • Latvia gdp growth rate for 2015 was 2.97%, a 1.11% increase from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Ireland 6.65%
Malta 6.55%
Turks and Caicos Islands 5.28%
Poland 5.15%
Palau 5.00%
Hungary 4.94%
Antigua and Barbuda 4.93%
Latvia 4.77%
Macao 4.71%
Iceland 4.61%
Slovenia 4.49%
Slovak Republic 4.11%
Chile 4.02%
Cyprus 3.88%
Estonia 3.87%
Panama 3.68%
Seychelles 3.63%
Lithuania 3.49%
Israel 3.31%
Singapore 3.14%
Hong Kong 3.02%
St. Kitts and Nevis 3.00%
Czech Republic 2.89%
United States 2.86%
Australia 2.83%
New Zealand 2.78%
Austria 2.73%
Netherlands 2.67%
South Korea 2.67%
Croatia 2.63%
Luxembourg 2.60%
Spain 2.58%
Switzerland 2.54%
Sweden 2.36%
Finland 2.33%
Saudi Arabia 2.22%
Portugal 2.14%
Oman 2.13%
Greece 1.93%
Canada 1.88%
Bahrain 1.78%
France 1.72%
Andorra 1.63%
Uruguay 1.62%
Norway 1.45%
Belgium 1.44%
Qatar 1.43%
Germany 1.43%
UAE 1.42%
Denmark 1.42%
United Kingdom 1.40%
Kuwait 1.24%
Italy 0.86%
Japan 0.79%
Trinidad and Tobago 0.70%
Brunei 0.05%
Argentina -2.51%
Puerto Rico -4.91%
Latvia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2018 4.77% 0.13%
2017 4.64% 2.57%
2016 2.06% -0.91%
2015 2.97% 1.11%
2014 1.86% -0.57%
2013 2.43% -1.60%
2012 4.03% -2.35%
2011 6.38% 10.32%
2010 -3.94% 10.46%
2009 -14.40% -10.85%
2008 -3.55% -13.53%
2007 9.98% -1.91%
2006 11.89% 1.19%
2005 10.70% 2.36%
2004 8.34% -0.10%
2003 8.43% 1.33%
2002 7.10% 0.64%
2001 6.46% 1.05%
2000 5.41% 2.79%
1999 2.62% -3.90%
1998 6.52% -2.45%
1997 8.97% 6.62%
1996 2.36% 4.16%
1995 -1.80% 4.16%