Latvia GDP in 2021

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$38.87 billion 0.0405%
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According to the latest statistical data released by the World Bank in 2024, Latvia's gross domestic product(GDP) in 2021 was $38.87 billion, an increase of 15.54% over 2020, and GDP accounted for 0.0405% of the world's total economy. In 2021, Latvia's GDP ranked 92nd in the world and 32nd in European countries.