The gross domestic product (GDP) in current prices in Latvia was forecast to continuously increase between 2024 and 2029 by in total 13.4 billion U.S. dollars (+29.47 percent). After the tenth consecutive increasing year, the GDP is estimated to reach 58.83 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
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IMF. (April 22, 2024). Latvia: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/375250/gross-domestic-product-gdp-in-latvia/
IMF. "Latvia: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/375250/gross-domestic-product-gdp-in-latvia/
IMF. (2024). Latvia: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/375250/gross-domestic-product-gdp-in-latvia/
IMF. "Latvia: Gross Domestic Product (Gdp) in Current Prices from 1999 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/375250/gross-domestic-product-gdp-in-latvia/
IMF, Latvia: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/375250/gross-domestic-product-gdp-in-latvia/ (last visited September 01, 2024)
Latvia: Gross domestic product (GDP) in current prices from 1999 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/375250/gross-domestic-product-gdp-in-latvia/