Share in the global GDP adjusted for PPP in Latvia 1992 to 2030

Fluctuating decline between 1992 and 2025
A total decrease by approximately 0.01 percentage points can be observed between 1992 and 2025. The data emphasizes however that this decrease did not happen continuously.

Stable between 2025 and 2030
The share will be a nearly identical value in 2030 compared to 2025, according to forecasts. The data from 2025 to 2030 reveals furthermore very little fluctuations in between.

This indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.