Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2025-12-31
Latvia's gdp annual growth rate stands at -0.9876% as of 2025-12-31, down from -0.938% in 2024. Historical data runs from 1961 to 2025 (65 observations).
In 2025, Latvia's gdp annual growth rate was -0.9876%, down from -0.938% in 2024.
In 2024, Latvia's gdp annual growth rate was -0.938%, down from 0.23% in 2023.
In 2023, Latvia's gdp annual growth rate was 0.23%, up from -0.2714% in 2022.
In 2022, Latvia's gdp annual growth rate was -0.2714%, up from -0.8433% in 2021.
In 2021, Latvia's gdp annual growth rate was -0.8433%, down from -0.7012% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | -0.9876% | -0.0496% |
| 2024 | -0.938% | -1.17% |
| 2023 | 0.23% | +0.5013% |
| 2022 | -0.2714% | +0.5719% |
| 2021 | -0.8433% | -0.1421% |
| 2020 | -0.7012% | -0.006% |
| 2019 | -0.6952% | +0.0839% |
| 2018 | -0.7791% | +0.1071% |
| 2017 | -0.8862% | +0.0277% |
| 2016 | -0.9139% | -0.0953% |
| 2015 | -0.8186% | +0.1231% |
| 2014 | -0.9417% | +0.1293% |
| 2013 | -1.07% | +0.1693% |
| 2012 | -1.24% | +0.5804% |
| 2011 | -1.82% | +0.2605% |
| 2010 | -2.08% | -0.4303% |
| 2009 | -1.65% | -0.6001% |
| 2008 | -1.05% | -0.2348% |
| 2007 | -0.8162% | +0.1011% |
| 2006 | -0.9173% | +0.1633% |
| 2005 | -1.08% | +0.0107% |
| 2004 | -1.09% | -0.1249% |
| 2003 | -0.9664% | +0.1954% |
| 2002 | -1.16% | +0.1296% |
| 2001 | -1.29% | -0.3276% |
| 2000 | -0.9639% | -0.15% |
| 1999 | -0.814% | +0.129% |
| 1998 | -0.9429% | +0.0538% |
| 1997 | -0.9968% | +0.1296% |
| 1996 | -1.13% | +0.2994% |
| 1995 | -1.43% | +0.248% |
| 1994 | -1.67% | +0.2981% |
| 1993 | -1.97% | -0.5951% |
| 1992 | -1.38% | -0.9037% |
| 1991 | -0.4731% | -0.3304% |
| 1990 | -0.1427% | -0.651% |
| 1989 | 0.5083% | -0.5088% |
| 1988 | 1.02% | -0.0043% |
| 1987 | 1.02% | +0.2096% |
| 1986 | 0.8117% | +0.1571% |
| 1985 | 0.6546% | +0.0267% |
| 1984 | 0.6279% | +0.0397% |
| 1983 | 0.5882% | +0.1265% |
| 1982 | 0.4617% | +0.1548% |
| 1981 | 0.3069% | +0.0778% |
| 1980 | 0.2291% | -0.0919% |
| 1979 | 0.321% | -0.1946% |
| 1978 | 0.5157% | -0.0527% |
| 1977 | 0.5684% | -0.0348% |
| 1976 | 0.6032% | -0.1711% |
| 1975 | 0.7743% | -0.1063% |
| 1974 | 0.8806% | +0.0432% |
| 1973 | 0.8374% | +0.0291% |
| 1972 | 0.8083% | +0.0808% |
| 1971 | 0.7275% | +0.0473% |
| 1970 | 0.6801% | -0.1579% |
| 1969 | 0.838% | -0.1306% |
| 1968 | 0.9686% | +0.1832% |
| 1967 | 0.7854% | +0.0249% |
| 1966 | 0.7605% | -0.3621% |
| 1965 | 1.12% | -0.2119% |
| 1964 | 1.33% | -0.001% |
| 1963 | 1.34% | +0.0018% |
| 1962 | 1.33% | -0.1498% |
| 1961 | 1.48% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Latvia's gdp annual growth rate is -0.9876% as of 2025-12-31, compared with -0.938% in 2024. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 1.48% (1961); the lowest is -2.08% (2010), across data from 1961 to 2025.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.