Latvia vs Russia

Latvia vs Russia: GDP growth

GDP growth in 2025: 2.1% a year in Latvia and 1% a year in Russia, by IMF estimates. In 2025 the value was higher in Latvia, by 1.1 percentage points, or 2.14 times that in Russia.

Watch it change on the map

% a year · IMF

Latvia vs Russia: GDP growthGDP growth in 2025: 2.1% a year in Latvia and 1% a year in Russia, by IMF estimates. In 2025 the value was higher in Latvia, by 1.1 percentage points, or 2.14 times that in Russia.
LatviaRussiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Latvia has been higher since 2025, when it overtook Russia.
  • In 2025, Latvia ranked 99 and Russia ranked 122 of 143 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Latvia at 2% a year and Russia at 1% a year in 2031.

Every year

% a year · IMF

YearLatviaRussia
20252.11
2024-04.9
2023-0.94.1
20221.9-1.4
20216.95.9
2020-3.5-2.7
20190.72.2
20184.32.8
20173.41.8
20162.60.2
20153.8-2
20142.10.7
20132.11.8
20127.34
201134
2010-3.74.5
2009-16-7.8
2008-3.45.2
200710.48.6
200612.88.2
200511.66.4
20048.77.1
20038.47.4
20027.74.7
20016.55.1
20005.810.1
19992.86.3
19986.6-5.3
19979.21.4
19962.3-3.6
1995-2.1-4.1
19942.2-12.7
1993-11.4-8.7
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearLatviaRussia
20262.30.9
20271.80.9
20282.11
202921
203021
203121

Each country on its own

Good to know

  • How much the economy grew or shrank in a year, after inflation.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 143 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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