Capacity Utilization in Latvia decreased to 75.90 percent in the fourth quarter of 2018 from 77.40 percent in the third quarter of 2018. Capacity Utilization in Latvia averaged 64.56 percent from 1993 until 2018, reaching an all time high of 77.40 percent in the third quarter of 2018 and a record low of 43.70 percent in the second quarter of 1993.
Capacity Utilization in Latvia is expected to be 77.45 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Latvia to stand at 75.67 in 12 months time. In the long-term, the Latvia Capacity Utilization is projected to trend around 75.84 percent in 2020, according to our econometric models.