Latvia - GDP Growth 2016
2.55%
−1.23pp from 2015
Latvia's gdp growth was 2.55% in 2016, decreased +1.23pp from 3.78% in 2015. This was the 125th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Northern Mariana Islands | 29.21% | 763.4% |
| 2nd | Iraq | 13.79% | 443.5% |
| 3rd | Seychelles | 12.12% | 36.0% |
| 4th | Guinea | 10.82% | 182.8% |
| 5th | West Bank and Gaza | 8.86% | 138.2% |
| 6th | Iran, Islamic Republic of | 8.82% | 718.6% |
| 7th | Bhutan | 8.48% | 37.7% |
| 8th | India | 8.26% | 3.3% |
| 9th | Samoa | 7.98% | 107.4% |
| 10th | Cambodia | 7.91% | 9.7% |
| 11th | Eritrea | 7.39% | 135.8% |
| 12th | Turks and Caicos Islands | 7.25% | -35.9% |
| 13th | Botswana | 7.20% | 248.5% |
| 14th | Côte d'Ivoire | 7.17% | -18.9% |
| 15th | Philippines | 7.15% | 12.6% |
| 16th | Djibouti | 7.12% | -2.5% |
| 17th | Bangladesh | 7.11% | 8.6% |
| 18th | Kiribati | 7.09% | -37.1% |
| 19th | Somalia, Fed. Rep. | 7.03% | 53.3% |
| 20th | Lao PDR | 7.02% | -3.4% |
| 21st | Isle of Man | 6.95% | 1,901.7% |
| 22nd | Tajikistan | 6.90% | 15.0% |
| 23rd | Tanzania | 6.87% | 11.5% |
| 24th | China | 6.78% | -3.5% |
| 25th | Dominican Republic | 6.72% | -3.8% |
| 26th | Viet Nam | 6.69% | -4.3% |
| 27th | Tonga | 6.60% | 492.3% |
| 28th | Pakistan | 6.57% | 72.5% |
| 29th | Cyprus | 6.57% | 92.3% |
| 30th | Sierra Leone | 6.44% | 308.8% |
| 31st | Maldives | 6.38% | 60.5% |
| 32nd | Senegal | 6.36% | -0.2% |
| 33rd | Iceland | 6.22% | 65.0% |
| 34th | Turkmenistan | 6.20% | 639.9% |
| 35th | Mali | 6.01% | -2.7% |
| 36th | Rwanda | 5.97% | -32.7% |
| 37th | Burkina Faso | 5.96% | 52.0% |
| 38th | Uzbekistan | 5.93% | -17.8% |
| 39th | Myanmar | 5.86% | 0.0% |
| 40th | Niger | 5.74% | 30.7% |
| 41st | Tuvalu | 5.66% | -39.6% |
| 42nd | United Arab Emirates | 5.66% | -20.2% |
| 43rd | Kosovo | 5.57% | -5.8% |
| 44th | Solomon Islands | 5.55% | 231.0% |
| 45th | Papua New Guinea | 5.49% | -16.5% |
| 46th | Guinea-Bissau | 5.43% | -11.4% |
| 47th | São Tomé and Principe | 5.18% | 236.2% |
| 48th | Sri Lanka | 5.05% | 20.2% |
| 49th | Oman | 5.05% | 0.6% |
| 50th | Indonesia | 5.03% | 3.2% |
| 51st | St. Martin (French part) | 5.00% | 400.0% |
| 52nd | Luxembourg | 4.98% | 119.4% |
| 53rd | Uganda | 4.78% | -40.3% |
| 54th | Central African Republic | 4.75% | 9.5% |
| 55th | Mozambique | 4.70% | -36.5% |
| 56th | Greenland | 4.68% | 285.1% |
| 57th | Moldova | 4.65% | 763.7% |
| 58th | Panama | 4.57% | -20.4% |
| 59th | Nicaragua | 4.56% | -4.8% |
| 60th | Cameroon | 4.54% | -19.0% |
| 61st | Israel | 4.46% | 99.5% |
| 62nd | Malaysia | 4.45% | -11.1% |
| 63rd | Egypt, Arab Republic of | 4.35% | -0.3% |
| 64th | Kyrgyz Republic | 4.34% | 11.9% |
| 65th | Cabo Verde | 4.28% | 357.3% |
| 66th | Paraguay | 4.27% | 44.3% |
| 67th | Bolivia, Plurinational State of | 4.26% | -12.2% |
| 68th | Togo | 4.21% | -22.9% |
| 69th | Kenya | 4.21% | -15.2% |
| 70th | Costa Rica | 4.20% | 15.1% |
| 71st | St. Vincent and the Grenadines | 4.15% | 49.9% |
| 72nd | Nauru | 4.13% | 53.2% |
| 73rd | Antigua and Barbuda | 4.12% | 189.8% |
| 74th | Malta | 4.08% | -57.6% |
| 75th | Madagascar | 3.99% | 27.5% |
| 76th | Peru | 3.95% | 21.6% |
| 77th | St. Kitts and Nevis | 3.93% | 715.9% |
| 78th | Albania | 3.91% | 75.4% |
| 79th | Algeria | 3.90% | 21.9% |
| 80th | Honduras | 3.89% | 1.4% |
| 81st | Mauritius | 3.86% | 4.6% |
| 82nd | Bahrain | 3.81% | 52.1% |
| 83rd | Guyana | 3.81% | 454.2% |
| 84th | New Zealand | 3.78% | 4.8% |
| 85th | Zambia | 3.76% | 28.6% |
| 86th | Singapore | 3.75% | 25.9% |
| 87th | Grenada | 3.74% | -42.0% |
| 88th | Andorra | 3.71% | 158.7% |
| 89th | Lesotho | 3.61% | 11.1% |
| 90th | Vanuatu | 3.47% | -12.5% |
| 91st | Sudan | 3.47% | -29.3% |
| 92nd | Croatia | 3.47% | 49.3% |
| 93rd | Georgia | 3.45% | 3.0% |
| 94th | Montenegro | 3.44% | 36.3% |
| 95th | Thailand | 3.44% | 9.6% |
| 96th | St. Lucia | 3.43% | 1,528.3% |
| 97th | Ghana | 3.37% | 59.1% |
| 98th | Benin | 3.34% | 87.8% |
| 99th | Türkiye | 3.32% | -42.8% |
| 100th | Comoros | 3.32% | 189.5% |
| 101st | Bosnia and Herzegovina | 3.24% | -24.3% |
| 102nd | Cayman Islands | 3.24% | 14.4% |
| 103rd | Burundi | 3.20% | 182.1% |
| 104th | Korea | 3.17% | 8.6% |
| 105th | Estonia | 3.09% | 68.3% |
| 106th | Denmark | 3.07% | 46.3% |
| 107th | Qatar | 3.06% | -35.5% |
| 108th | Slovenia | 3.03% | 26.8% |
| 109th | Poland | 3.03% | -31.6% |
| 110th | Bulgaria | 3.03% | -10.9% |
| 111th | Timor-Leste | 3.01% | 21.4% |
| 112th | Monaco | 3.01% | -38.7% |
| 113th | Serbia | 2.98% | 129.6% |
| 114th | Eswatini | 2.95% | 44.1% |
| 115th | Kuwait | 2.93% | 393.4% |
| 116th | Spain | 2.92% | -28.2% |
| 117th | Romania | 2.86% | -9.4% |
| 118th | North Macedonia | 2.85% | -26.1% |
| 119th | Jamaica | 2.76% | 93.3% |
| 120th | Australia | 2.76% | 17.8% |
| 121st | Guatemala | 2.68% | -34.6% |
| 122nd | Lithuania | 2.67% | -6.1% |
| 123rd | Czechia | 2.58% | -48.0% |
| 124th | Finland | 2.57% | 450.7% |
| 125th | Latvia | 2.55% | -32.5% |
| 126th | El Salvador | 2.54% | 6.0% |
| 127th | Marshall Islands | 2.50% | 32.5% |
| 128th | Malawi | 2.50% | -15.3% |
| 129th | Fiji | 2.45% | -45.7% |
| 130th | Ukraine | 2.44% | 125.0% |
| 131st | Hungary | 2.44% | -33.4% |
| 132nd | Netherlands | 2.42% | 14.3% |
| 133rd | Liechtenstein | 2.41% | 1,081.4% |
| 134th | San Marino | 2.34% | -13.7% |
| 135th | French Polynesia | 2.30% | 27.7% |
| 136th | Afghanistan | 2.26% | 128.8% |
| 137th | Germany | 2.22% | 33.6% |
| 138th | United Kingdom | 2.21% | -0.7% |
| 139th | Hong Kong SAR, China | 2.18% | -8.9% |
| 140th | Sweden | 2.13% | -51.4% |
| 141st | Austria | 2.12% | 62.5% |
| 142nd | Gabon | 2.09% | -46.1% |
| 143rd | Colombia | 2.09% | -29.4% |
| 144th | Switzerland | 2.07% | 31.7% |
| 145th | Portugal | 2.00% | 26.0% |
| 146th | Jordan | 1.99% | -20.1% |
| 147th | Slovak Republic | 1.95% | -62.4% |
| 148th | Gambia, The | 1.94% | -52.1% |
| 149th | European Union | 1.92% | -19.1% |
| 150th | United States | 1.82% | -38.2% |
| 151st | Haiti | 1.81% | -29.3% |
| 152nd | Mexico | 1.77% | -34.4% |
| 153rd | Chile | 1.75% | -18.5% |
| 154th | Saudi Arabia | 1.70% | -63.4% |
| 155th | Uruguay | 1.69% | 355.5% |
| 156th | Virgin Islands (US) | 1.60% | 476.6% |
| 157th | Lebanon | 1.55% | 243.2% |
| 158th | Barbados | 1.50% | 276.9% |
| 159th | Mongolia | 1.49% | -38.2% |
| 160th | Dominica | 1.45% | 153.0% |
| 161st | Faroe Islands | 1.39% | 44.7% |
| 162nd | Palau | 1.33% | -84.5% |
| 163rd | Mauritania | 1.26% | -76.5% |
| 164th | Italy | 1.24% | 39.5% |
| 165th | Aruba | 1.23% | -65.8% |
| 166th | Ireland | 1.22% | -95.0% |
| 167th | Channel Islands | 1.21% | 224.0% |
| 168th | Belgium | 1.19% | -19.0% |
| 169th | Norway | 1.16% | -37.3% |
| 170th | Tunisia | 1.12% | 15.4% |
| 171st | Kazakhstan | 1.10% | 10.0% |
| 172nd | Canada | 1.04% | 59.8% |
| 173rd | Sint Maarten (Dutch part) | 0.97% | 814.6% |
| 174th | Micronesia, Federated States of | 0.94% | -79.1% |
| 175th | France | 0.86% | -13.8% |
| 176th | Zimbabwe | 0.76% | -59.0% |
| 177th | Japan | 0.75% | -51.7% |
| 178th | South Africa | 0.66% | -49.7% |
| 179th | Morocco | 0.52% | -88.0% |
| 180th | Cuba | 0.51% | -88.4% |
| 181st | Nepal | 0.43% | -89.1% |
| 182nd | Congo, Democratic Republic of | 0.39% | -93.8% |
| 183rd | Armenia | 0.20% | -93.9% |
| 184th | Russian Federation | 0.19% | 109.8% |
| 185th | Guam | 0.18% | -78.0% |
| 186th | Namibia | 0.03% | -99.2% |
| 187th | Belize | -0.02% | -100.7% |
| 188th | Greece | -0.03% | 86.1% |
| 189th | Bermuda | -0.66% | -184.7% |
| 190th | Ecuador | -0.69% | -673.3% |
| 191st | Macao SAR, China | -0.70% | 96.7% |
| 192nd | Curaçao | -1.07% | -333.0% |
| 193rd | Bahamas, The | -1.16% | -216.0% |
| 194th | Puerto Rico (US) | -1.26% | -20.5% |
| 195th | Libya | -1.49% | -76.9% |
| 196th | Liberia | -1.55% | -22,313.7% |
| 197th | Nigeria | -1.62% | -160.9% |
| 198th | American Samoa | -1.68% | -153.3% |
| 199th | Angola | -1.70% | -323.8% |
| 200th | Argentina | -2.08% | -176.2% |
| 201st | Brunei Darussalam | -2.48% | -532.1% |
| 202nd | Belarus | -2.53% | 34.0% |
| 203rd | Azerbaijan | -3.06% | -383.7% |
| 204th | Brazil | -3.28% | 7.6% |
| 205th | Chad | -4.12% | -230.9% |
| 206th | Suriname | -4.91% | -43.9% |
| 207th | Syrian Arab Republic | -6.41% | -53.3% |
| 208th | Trinidad and Tobago | -7.54% | -1,756.2% |
| 209th | Congo, Republic of | -8.69% | -144.6% |
| 210th | Equatorial Guinea | -8.82% | 3.2% |
| 211th | Yemen, Republic of | -9.38% | 66.5% |
| 212th | South Sudan | -13.30% | -5,657.1% |
FAQ
What was Latvia's gdp growth in 2016?▾
Latvia's gdp growth in 2016 was 2.55%. This ranked 125th globally.
How did Latvia's gdp growth change in 2016?▾
Latvia's gdp growth decreased by 32.5% in 2016 compared to 2015.
Which country had the highest gdp growth in 2016?▾
Northern Mariana Islands had the highest gdp growth in 2016 at 29.21%.
What is the gdp growth of Latvia in 2016?▾
The gdp growth of Latvia in 2016 was 2.55%. This ranked 125th globally.
How does 2016 compare to 2015 for Latvia's gdp growth?▾
Latvia's gdp growth went from 3.78% in 2015 to 2.55% in 2016, a 32.5% decrease.
Related
2015
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Full ranking 2016
GDP
GDP per Capita
GDP PPP
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Peak: 2006
Lowest: 1992
GDP Growth 1990s
GDP Growth 2000s
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GDP Growth 2020s
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