Latvia
ISO3: LVA • Europe & Central Asia • High income • EU Member
Latvia is a high income economy in Europe & Central Asia. It has a population of about 1,866,124 and a GDP of $43.68 billion.
Explore 261 World Bank indicators for Latvia below.
Latvia at a Glance
- Capital
- Riga
- Population
- 1,866,124
- Area
- 64,559 km²
- 28.9 /km²
- Currency
- EUR euro
- Languages
- Latvian
- ISO codes
- LVA · LV
Key Development Indicators
Economy
GDP (current US$)
43.68B
2024
Economy
GDP per capita (current US$)
23,409.08
2024
Health & Population
Population, total
1.87M
2024
Health & Population
Life expectancy at birth, total (years)
76.43
2024
Economy
Inflation, consumer prices (annual %)
1.27
2024
Labor & Business
Unemployment, total (% of total labor force) (modeled ILO estimate)
6.57
2025
Education
Literacy rate, adult total (% of people ages 15 and above)
99.90
2011
Technology
Individuals using the Internet (% of population)
92.71
2024
Energy
Access to electricity (% of population)
100.00
2023
Economy
Trade (% of GDP)
132.26
2024
Health & Population
Maternal mortality ratio (modeled estimate, per 100,000 live births)
19.00
2023
Health & Population
Urban population (% of total population)
68.48
2024
Popular Latvia Comparisons
Side-by-side data for Latvia and the countries it's most often compared with.
Other Countries in Europe & Central Asia
The World Bank's Europe & Central Asia region covers countries at various stages of economic development. Compare Latvia with its regional peers using the comparison tool.
Frequently asked questions about Latvia
- What is the population of Latvia?
- Latvia has a population of approximately 1,866,124, according to the most recent World Bank data.
- What is the capital of Latvia?
- The capital of Latvia is Riga.
- What region is Latvia in?
- The World Bank places Latvia in the Europe & Central Asia region.
- What income group is Latvia in?
- The World Bank classifies Latvia as a High income economy.
- What currency does Latvia use?
- Latvia uses the euro (EUR).
Data sourced from the World Bank Open Data portal. Values represent the most recent available year. NULL or missing values indicate data is suppressed, not collected, or not applicable for this country.