This statistic displays the gross domestic product (GDP) per capita in purchasing power standards (PPS) in Latvia from 2005 to 2017. In relation to the EU28 average set at 100 PPS, the gross domestic product of Latvia in the year 2017 was 67 PPS.
Gross domestic product (GDP) per capita in purchasing power standards (PPS) in Latvia from 2005 to 2017
The source adds the following information: "Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. The volume index of GDP per capita in Purchasing Power Standards (PPS) is expressed in relation to the European Union (EU28) average set to equal 100. If the index of a country is higher than 100, this country's level of GDP per head is higher than the EU average and vice versa. Basic figures are expressed in PPS, i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries"
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Eurostat. (June 1, 2018). Gross domestic product (GDP) per capita in purchasing power standards (PPS) in Latvia from 2005 to 2017 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/691452/gross-domestic-product-per-capita-in-pps-latvia/
Eurostat. "Gross domestic product (GDP) per capita in purchasing power standards (PPS) in Latvia from 2005 to 2017." Chart. June 1, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/691452/gross-domestic-product-per-capita-in-pps-latvia/
Eurostat. (2018). Gross domestic product (GDP) per capita in purchasing power standards (PPS) in Latvia from 2005 to 2017. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/691452/gross-domestic-product-per-capita-in-pps-latvia/
Eurostat. "Gross Domestic Product (Gdp) per Capita in Purchasing Power Standards (Pps) in Latvia from 2005 to 2017." Statista, Statista Inc., 1 Jun 2018, https://www.statista.com/statistics/691452/gross-domestic-product-per-capita-in-pps-latvia/
Eurostat, Gross domestic product (GDP) per capita in purchasing power standards (PPS) in Latvia from 2005 to 2017 Statista, https://www.statista.com/statistics/691452/gross-domestic-product-per-capita-in-pps-latvia/ (last visited November 21, 2024)
Gross domestic product (GDP) per capita in purchasing power standards (PPS) in Latvia from 2005 to 2017 [Graph], Eurostat, June 1, 2018. [Online]. Available: https://www.statista.com/statistics/691452/gross-domestic-product-per-capita-in-pps-latvia/