Rīga accounts for two thirds of Latvia’s GDP

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According to Central Statistical Bureau (CSB) data released December 28, Rīga and its region accounted for almost precisely two thirds of Latvia’s GDP during the year 2022. 

In 2022 GDP at current prices was EUR 36.1 billion. 65.6 % (EUR 23.7 billion) of that figure of Latvia is attributable to the Riga region. 

The share was followed by Kurzeme, contributing 10.4 % (EUR 3.8 billion), Vidzeme – 9.1 % (EUR 3.3 billion), Zemgale – 8 % (EUR 2.9 billion) and Latgale – 6.7 % (EUR 2.4 billion).

Considering the differences in population across regions, it is useful to compare the statistical regions by GDP per capita. The highest GDP per capita is in Rīga region (EUR 27.6 thousand), but the lowest is in Latgale region (EUR 9.7 thousand). Thus, productivity in the Rīga region is three times higher than in the Latgale region.

In turn, GDP per capita in Kurzeme is EUR 13.6 thousand, in Zemgale – EUR 12.9 thousand, and in Vidzeme – EUR 11.9 thousand.

Compared to 2021, in 2022 the GDP grew the fastest in Zemgale region – by 15.7 % (EUR 394.3 million). Upturn was observed in all regions, however, the lowest GDP rise was registered in Vidzeme – by 9.4 % (EUR 282.7 million).

In 2022, among state cities, the largest GDP per capita – EUR 31.6 thousand – was in the capital. In the second place there was Valmiera with EUR 24.3 thousand, in the third place – Liepāja with EUR 17.4 thousand. It was followed by Rēzekne with EUR 15.4 thousand, Jelgava with EUR 14.9 thousand, Ventspils with EUR 14.8 thousand, Jēkabpils with EUR 12.7 thousand, Daugavpils with EUR 11.9 thousand, Ogre with EUR 11.1 thousand and Jūrmala with EUR 9.3 thousand per capita.

The largest GDP per capita in 2022 was in Mārupe municipality (EUR 35.8 thousand), in the second place – in Ropaži municipality (EUR 26.5 thousand), in the third place – in Ķekava municipality (EUR 18.6 thousand). TOP 10 also includes the following municipalities: Smiltene, Līvāni, Valmiera, Saldus, Dobele, Madona and Aizkraukle.

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