Latvia vs Germany: economic convergence
If Latvia grew 2.4% a year and Germany 0.5% a year, Latvia would catch up with Germany on GDP per capita (PPP) in about 25 years, around 2051. This is a scenario, not a forecast.
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Latest data (2025)
| Country | GDP per capita (PPP) |
|---|---|
| Latvia | $38,801 |
| Germany | $62,824 |
Latvia is at 62% of Germany's level.
Scenario
Latvia grows 2.4% a year (trailing 10-year average) and Germany grows 0.5% a year (trailing 10-year average). A scenario, not a forecast: the result follows only from the stated growth rates.
| Year | Latvia | Germany |
|---|---|---|
| 2026 | $39,732 | $63,138 |
| 2031 | $44,734 | $64,732 |
| 2036 | $50,366 | $66,367 |
| 2041 | $56,707 | $68,043 |
| 2046 | $63,846 | $69,761 |
| 2051 | $71,885 | $71,522 |
| 2056 | $80,935 | $73,328 |
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Source: World Bank (NY.GDP.PCAP.PP.KD). Mountain to Climb · World Bank data · Scenario: Latvia 2.4%, Germany 0.5%