Latvia GNI
Gross National Income NY.GNP.MKTP.CD
Latvia's gni was $45.5B in 2025, ranked 99th globally. This represents a 6.3% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
Latvia's gni stood at $45.5B in 2025, a rise of +$2.7B from 2024. Based on recent trends, this figure is projected to reach $45.5B by 2025. Latvia ranked 99th globally.
Latvia’s gross national income (GNI) has risen dramatically over the 31‑year series, expanding from a trough of 5,650,369,366.80 in 1995 to an all‑time peak of 45,481,053,451.97 in 2025, placing the country at rank 99 globally. This ten‑fold increase reflects sustained structural reforms, integration into the European Union, and the amplification of export‑oriented manufacturing and services. The 2025 figure marginally exceeds that of Estonia (45,307,235,828.31) and trails Paraguay (45,803,235,050.28), underscoring Latvia’s competitive position among similarly sized economies. The upward trajectory has been reinforced by rising labor productivity, modest fiscal deficits, and continued foreign direct investment, while the post‑2008 recovery and subsequent pandemic response helped preserve growth momentum. Looking ahead, maintaining investment in digital infrastructure and diversifying export markets will be crucial to sustain the current expansion and mitigate potential slowdowns from external shocks.
Data & projection
| Year | GNI | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $50.1B | - | - |
| 2026* trend | $47.8B | - | - |
| 2025* trend | $45.5B | - | - |
| 2025 | $45.5B | +$2.7B | #99 |
| 2024 | $42.8B | +$987.1M | #91 |
| 2023 | $41.8B | +$4.5B | #104 |
| 2022 | $37.3B | −$132.2M | #101 |
| 2021 | $37.5B | +$4.1B | #106 |
| 2020 | $33.4B | +$762.5M | #105 |
| 2019 | $32.6B | −$67.0M | #101 |
| 2018 | $32.7B | +$3.4B | #103 |
| 2017 | $29.3B | +$2.2B | #102 |
| 2016 | $27.1B | +$869.4M | #101 |
| 2015 | $26.2B | −$4.1B | #101 |
| 2014 | $30.3B | +$1.2B | #102 |
| 2013 | $29.1B | +$2.2B | #103 |
| 2012 | $26.9B | +$372.6M | #103 |
| 2011 | $26.5B | +$2.8B | #105 |
Detected Pattern
Analysis
Latvia matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw gni improve within 24 months. View full analysis →
Frequently Asked Questions
Latvia's gni was $45.5B in 2025. Ranked 99th globally. This represents a 6.3% increase from the previous year.
Latvia's gni peaked at $45.5B in 2025.
The lowest gni in Latvia was $5.7B in 1995.
Latvia ranks 99th globally in gni as of 2025.
The World Bank indicator code is NY.GNP.MKTP.CD. Data sourced from World Bank.
Latvia's gni is projected to reach $45.5B by 2025 based on trend extrapolation.
Latvia's gni was approximately 45.48 billion ($45.5B) in 2025.
The gni of Latvia in 2025 was $45.5B. This ranks 99th in the world.
Cite this page
@misc{historysaid_latvia_gni,
title = {Latvia GNI},
url = {https://historysaid.com/latvia/gni/},
publisher = {HistorySaid},
year = {2026}
}