Gross domestic product (GDP) and main components (output, expenditure and income) - annual data

In 2020, Latvia's gross domestic product (GDP) and main components (output, expenditure and income) decreased by 3.5% compared to 2019, reaching €25,523M.

Latvia accounts for 0.2% of the EU-27 total of €12,662,394M.

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 7.5% (from €23,744M in 2015).

Source: Eurostat dataset nama_10_gdp, accessed via the eupublicdata pipeline.