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

In 2023, Latvia's gross domestic product (GDP) and main components (output, expenditure and income) increased by 9.6% compared to 2022, reaching €39,564M.

Latvia accounts for 0.2% of the EU-27 total of €17,256,923M.

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 40.5% (from €28,153M in 2018).

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