Latvias PPP GDP was $77.5 billion in 2023. Services, manufacturing, and forestry are key, with GDP per capita (PPP) at $41,200. EU membership drives trade, but an aging population and regional tensions pose risks. Tech and green energy sectors are growing.[](https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Purchasing_power_parities_and_GDP_per_capita_-_preliminary_estimate) See all Latvia economy graphs.
Latvia GDP PPP Statistics by Year
| Year | GDP, Purchasing Power Parity (PPP) |
| 2000 | 18.6 |
| 2001 | 20.6 |
| 2002 | 22.1 |
| 2003 | 23.3 |
| 2004 | 25.6 |
| 2005 | 28.7 |
| 2006 | 31.5 |
| 2007 | 35.7 |
| 2008 | 38.0 |
| 2009 | 33.3 |
| 2010 | 34.3 |
| 2011 | 36.4 |
| 2012 | 39.5 |
| 2013 | 41.2 |
| 2014 | 43.0 |
| 2015 | 44.6 |
| 2016 | 47.2 |
| 2017 | 50.0 |
| 2018 | 57.5 |
| 2019 | 61.6 |
| 2020 | 62.2 |
| 2021 | 69.6 |
| 2022 | 76.2 |
| 2023 | 80.2 |
| 2024 | 81.0 |
| 2025 (Est.) | 83.5 |
| 2026 (Est.) | 86.0 |