Gross domestic product at market prices

In 2024, Latvia's gross domestic product at market prices increased by 2.8% compared to 2023, reaching 40,652.

Latvia accounts for 0.2% of the EU-27 total of 18,022,244.

Latvia ranks 24th out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 37.5% (from 29,567 in 2019).

Source: Eurostat dataset tec00001, accessed via the eupublicdata pipeline.