Latvia Business Confidence - Forecast

Business Confidence in Latvia is expected to be -2.46 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 -4.02 in 12 months time. In the long-term, the Latvia Business Confidence is projected to trend around -6.69 in 2020, according to our econometric models.


Latvia Business Confidence
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Latvia Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence -3 -2.46 -3.2 -3.59 -4.02 -6.69
Industrial Production 3.6 3.12 3.38 3.62 3.81 1
Industrial Production Mom 0.6 0.32 0.33 0.33 0.5 0.6
Manufacturing Production 9.1 6.39 5.4 4.66 4.17 3.41
Capacity Utilization 74.2 73.81 73.38 72.97 72.56 69.72
Car Registrations 4185 3999 4074 3781 3806 3334
Internet Speed 16580 15752 15631 15472 15305 14276
IP Addresses 878525 926123 940820 953225 952594 949886
Mining Production 24.3 11.1 8.29 7.47 7.24 7.15
Changes In Inventories 249882 85634 104589 165683 117367 93456
Competitiveness Index 4.4 4.37 4.37 4.37 4.27 4.23
Competitiveness Rank 54 56 56 56 64 66
Ease of Doing Business 19 18 19 20 20 23
Electricity Production 741 455 477 509 498 497
Corruption Index 57 55 55 56 57 54
Corruption Rank 44 45 46 48 49 62