Latvia
Latvia, located in the region of Europe & Central Asia, is an internationally classified economy with a "High income" income level. It is home to a demographic force of approximately 1.8 million inhabitants.
From a quantitative perspective, Positioning itself as an export-oriented powerhouse, the export sector represents more than 62.6% of GDP, making it highly sensitive to global trade cycles. A sustained disinflationary cycle stands out positively, reducing the CPI by 5.2 points from its recent peaks.
Delving deeper into its institutional metrics,
Demographically, it faces the structural challenge of an aging workforce, with 22.2% over 65 years old. Foreign investment flows (FDI) remain depressed at around 0.5%, limiting technological transfer.
Monetary Policy RateInterest rate set by the Central Bank. Determines the base cost of money in the economy.
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10-Year Bond YieldInterest paid by the government to borrow for 10 years. Reflects market confidence in its solvency.
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SpreadInterest rate difference compared to the safe-haven bond (US/Germany). Indicates the country risk premium.
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GDP Evolution (10 years)
$0.05T
+2.14%
Data from 2025
Historical Inflation (CPI)
3.7%
Data from 2025
GDP per Capita
$26,312
YEAR 2025
Unemployment
6.6%
YEAR 2025
Debt to GDP
7.4%
YEAR 1994
Active Population
1.8M
YEAR 2025
Structural Metrics (Hedge Fund)
Population > 65 Years
22.2%
YEAR 2025
Gini IndexMeasures income inequality. 0 is total equality, 100 is extreme inequality.
34.0
YEAR 2023
Exports (% GDP)
62.6%
YEAR 2025
Imports (% GDP)
67.2%
YEAR 2025
FDI (% GDP)Foreign Direct Investment. Foreign capital productively invested in this economy.
0.5%
YEAR 2025
View Raw History (Structured Data)
| Year | GDP (USD) | Growth (%) | Inflation (%) | Unemployment (%) | Debt/GDP (%) | Exports (%GDP) | Imports (%GDP) | FDI (%GDP) |
|---|---|---|---|---|---|---|---|---|
| 2025 | $48.62B | 2.14 | 3.75 | 6.57 | --- | 62.57 | 67.15 | 0.50 |
| 2024 | $44.00B | -0.04 | 1.27 | 6.90 | --- | 64.86 | 66.45 | 3.44 |
| 2023 | $42.78B | -0.94 | 8.94 | 6.46 | --- | 65.99 | 69.65 | 3.95 |
| 2022 | $38.00B | 1.91 | 17.31 | 6.82 | --- | 77.50 | 82.39 | 3.20 |
| 2021 | $38.18B | 6.94 | 3.28 | 7.51 | --- | 66.81 | 69.99 | 9.78 |
| 2020 | $33.38B | -3.47 | 0.22 | 8.10 | --- | 62.66 | 61.22 | 2.81 |
| 2019 | $33.10B | 0.68 | 2.81 | 6.31 | --- | 62.54 | 62.75 | 3.37 |
| 2018 | $33.25B | 4.31 | 2.53 | 7.41 | --- | 63.87 | 64.36 | 1.32 |
| 2017 | $29.39B | 3.40 | 2.93 | 8.71 | --- | 64.14 | 64.57 | 4.05 |
| 2016 | $27.12B | 2.55 | 0.14 | 9.64 | --- | 61.93 | 61.40 | 1.24 |
