Latvia Business Confidence  Forecast


Business Confidence in Latvia is expected to be 0.14 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Latvia to stand at 0.77 in 12 months time. In the long-term, the Latvia Business Confidence is projected to trend around 0.67 in 2020, according to our econometric models.

Latvia Business Confidence
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Latvia Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 2.8 0.14 0.94 0.47 0.77 0.67
Industrial Production 8.8 8.5 1.5 8.41 8.48 1
Industrial Production Mom 0.1 0.45 0.7 0.6 0.59 0.6
Manufacturing Production 8.2 7.51 6.03 5.04 4.4 3.33
Capacity Utilization 74.5 75.1 74.52 74.32 74.27 74.29
Car Registrations 4630 4294 4388 4358 4637 4688
Changes In Inventories 156300 4114 45512 66767 122857 74201
Competitiveness Index 4.45 4.42 4.42 4.41 4.4 4.43
Competitiveness Rank 49 47 47 50 51 51
Ease of Doing Business 14 15 14 14 14 14
Electricity Production 372 413 526 500 486 493
Corruption Index 57 58 59 59 59 61
Corruption Rank 44 43 44 44 44 44
Mining Production 28.6 10.99 8.67 7.6 7.16 6.94