GNI in USD terms reached 30.3 USD bil in 2017 in Latvia, according to the National Statistical Office. This is 9.52 % more than in the previous year.
Historically, GNI in USD terms in Latvia reached an all time high of 35.1 USD bil in 2008 and an all time low of 4.48 USD bil in 1993. When compared to Latvia's main peers, GNI in USD terms in Belarus amounted to 52.4 USD bil, 26.1 USD bil in Estonia, 45.6 USD bil in Lithuania and 1,539 USD bil in Russia in 2017.
Latvia has been ranked 100th within the group of 170 countries we follow in terms of GNI in USD terms, 16 places behind the position seen 10 years ago.
GNI (also known as GNP) is the sum of the value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus the net receipts of primary income (compensation of employees and property income) from abroad.