GDP growth in Latvia

GDP growth in Latvia: -11.4% a year in 1993 and 2.1% a year in 2025, by IMF estimates.

Latest, 2025: 2.1% a year
Since 1993: +13.5 percentage points
Rank, 2025: 99 of 143; counting from the highest
Projected, 2031: 2% a year; IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
The highest was 12.8% a year in 2006, the lowest -16% a year in 2009.

% a year · IMF

IMF projection (World Economic Outlook, October 2026) · 2026–2031

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