GDP Growth Rate
Year -
-0.28%
In 2023, Latvia experienced a significant a decrease in its GDP growth rate, which fall to -0.28% from 2.95% in 2022. Additionally, the GDP per capita growth rate in Latvia decrease to -0.41% in 2023, compared to 3.23% in 2022.
In 2023, Latvia experienced a decrease in economic performance, with the GDP growth rate falling by 3.23%. Additionally, the GDP per capita growth rate decrease by 3.64%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | - | - | - | - |
| 1977 | - | - | - | - |
| 1978 | - | - | - | - |
| 1979 | - | - | - | - |
| 1980 | - | - | - | - |
| 1981 | - | - | - | - |
| 1982 | - | - | - | - |
| 1983 | - | - | - | - |
| 1984 | - | - | - | - |
| 1985 | - | - | - | - |
| 1986 | - | - | - | - |
| 1987 | - | - | - | - |
| 1988 | - | - | - | - |
| 1989 | - | - | - | - |
| 1990 | - | - | - | - |
| 1991 | -12.6 | - | -12.18 | - |
| 1992 | -32.12% | -19.52% | -31.18% | -19.00% |
| 1993 | -4.98% | 27.14% | -3.09% | 28.09% |
| 1994 | 2.19% | 7.17% | 3.91% | 7.00% |
| 1995 | -0.94% | -3.13% | 0.48% | -3.43% |
| 1996 | 2.59% | 3.53% | 3.75% | 3.27% |
| 1997 | 8.84% | 6.25% | 9.93% | 6.18% |
| 1998 | 6.34% | -2.50% | 7.34% | -2.59% |
| 1999 | 2.76% | -3.58% | 3.6% | -3.74% |
| 2000 | 5.68% | 2.92% | 6.7% | 3.10% |
| 2001 | 6.32% | 0.64% | 7.71% | 1.01% |
| 2002 | 7.09% | 0.77% | 8.34% | 0.63% |
| 2003 | 8.42% | 1.33% | 9.48% | 1.14% |
| 2004 | 8.28% | -0.14% | 9.47% | -0.01% |
| 2005 | 10.72% | 2.44% | 11.92% | 2.45% |
| 2006 | 11.97% | 1.25% | 13% | 1.08% |
| 2007 | 9.94% | -2.03% | 10.84% | -2.16% |
| 2008 | -3.25% | -13.19% | -2.23% | -13.07% |
| 2009 | -14.26% | -11.01% | -12.83% | -10.60% |
| 2010 | -4.46% | 9.80% | -2.45% | 10.38% |
| 2011 | 2.57% | 7.03% | 4.46% | 6.91% |
| 2012 | 7.04% | 4.47% | 8.38% | 3.92% |
| 2013 | 2.01% | -5.03% | 3.11% | -5.27% |
| 2014 | 1.9% | -0.11% | 2.87% | -0.24% |
| 2015 | 3.89% | 1.99% | 4.74% | 1.87% |
| 2016 | 2.37% | -1.52% | 3.31% | -1.43% |
| 2017 | 3.31% | 0.94% | 4.23% | 0.92% |
| 2018 | 3.99% | 0.68% | 4.8% | 0.57% |
| 2019 | 0.59% | -3.40% | 1.29% | -3.51% |
| 2020 | -3.51% | -4.10% | -2.83% | -4.12% |
| 2021 | 6.73% | 10.24% | 7.64% | 10.47% |
| 2022 | 2.95% | -3.78% | 3.23% | -4.41% |
| 2023 | -0.28% | -3.23% | -0.41% | -3.64% |