Latvia flag

Latvia

Updated 2024
Data Sources
World Bank • IMF • Latvia Statistics
GDP (Nominal)

$43.52B

2024
Population

1,862,441.0

2024
GDP Growth

-0.44 %

2024
Area

64,590 km²

2022

Country Overview

Latvia is located in Europe & Central Asia.

Key Facts
  • Capital: Riga
  • Population Density: 28.8 people/km²
  • GDP per Capita: $23368.0

Geographic Data

64590.0 km²

Key Economic Indicators

GDP Growth

-0.4%

2024
Unemployment

6.7%

2024
Government Debt

7.4%

1994
Inflation Rate

1.3%

2024
Current Account

-2.1%

2024
Exports

$28.12B

2024
Imports

$29.24B

2024

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Data & Methodology

Data Sources
  • World Bank Development Indicators
  • IMF World Economic Outlook
  • Latvia National Statistics
Update Frequency
Annual (70%)
Quarterly (20%)
Monthly (10%)

Last updated: 2025