ARCHIVE // LV // TIME-SERIES
Real GDP growth rate
Latvia — 33 years of data
Historical Values
| Year | Value |
|---|---|
| 1993 | -30% (1992) |
| 1994 | -5% (1993 est.) |
| 1995 | 2% (1994 est.) |
| 1996 | -1.5% (1995 est.) |
| 1997 | 2.5% (1996 est.) |
| 1998 | 6% (1997 est.) |
| 1999 | 3.6% (1998 est.) |
| 2000 | 0% (1999 est.) |
| 2001 | 5.5% (2000 est.) |
| 2002 | 4.5% (2002 est.) |
| 2003 | 6.1% (2002 est.) |
| 2004 | 7.4% (2003 est.) |
| 2005 | 7.6% (2004 est.) |
| 2006 | 10.2% (2005 est.) |
| 2007 | 11.9% (2006 est.) |
| 2008 | 10.3% (2007 est.) |
| 2009 | -4.6% (2008 est.) country comparison to the world: 216 10% (2007 est.) 12.2% (2006 est.) |
| 2010 | -1.8% (2010 est.) country comparison to the world: 203 -18% (2009 est.) -4.2% (2008 est.) |
| 2011 | -0.3% (2010 est.) country comparison to the world: 191 -18% (2009 est.) -4.2% (2008 est.) |
| 2012 | 4.5% (2012 est.) country comparison to the world: 70 5.5% (2011 est.) -0.3% (2010 est.) |
| 2013 | 5.6% (2012 est.) country comparison to the world: 48 5.5% (2011 est.) -0.9% (2010 est.) |
| 2014 | 4% (2013 est.) country comparison to the world: 76 5.6% (2012 est.) 5.5% (2011 est.) |
| 2015 | 2.4% (2014 est.) | 4.2% (2013 est.) | 4.8% (2012 est.) | country comparison to the world: 124 |
| 2016 | 2.7% (2015 est.) | 2.4% (2014 est.) | 3% (2013 est.) | country comparison to the world: 112 |
| 2017 | 2% (2016 est.) | 2.7% (2015 est.) | 2.1% (2014 est.) | country comparison to the world: 135 |
| 2018 | 4.5% (2017 est.) | 2.2% (2016 est.) | 3% (2015 est.) |
| 2019 | 4.5% (2017 est.) | 2.2% (2016 est.) | 3% (2015 est.) |
| 2020 | 2.08% (2019 est.) | 4.2% (2018 est.) | 3.23% (2017 est.) |
| 2021 | 2.08% (2019 est.) 4.2% (2018 est.) 3.23% (2017 est.) |
| 2022 | 2.08% (2019 est.) 4.2% (2018 est.) 3.23% (2017 est.) |
| 2023 | 4.07% (2021 est.) -2.2% (2020 est.) 2.57% (2019 est.) |
| 2024 | -0.28% (2023 est.) 2.95% (2022 est.) 6.73% (2021 est.) note: annual GDP % growth based on constant local currency |
| 2025 | -0.4% (2024 est.) 2.9% (2023 est.) 1.8% (2022 est.) note: annual GDP % growth based on constant local currency |