Latvia Capacity Utilization  Forecast


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Capacity Utilization in Latvia is expected to be 74.28 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 73.05 in 12 months time. In the long-term, the Latvia Capacity Utilization is projected to trend around 69.78 percent in 2020, according to our econometric models.


Latvia Business Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Business Confidence 1.2 0.38 -0.16 -0.76 -1.3 -5.1
Industrial Production 12.9 1.5 8.54 7.59 6.86 1
Industrial Production Mom 1.4 0.7 0.35 0.35 0.35 0.6
Manufacturing Production 7.1 8.94 7.14 5.81 4.94 3.48
Capacity Utilization 74.2 74.28 73.88 73.46 73.05 69.78
Car Registrations 4185 4856 4713 4673 4460 3417
Internet Speed 16580 15969 15752 15631 15472 14276
IP Addresses 878525 926663 926123 940820 953225 949886
Mining Production 22.8 8.62 7.58 7.15 7 6.93
Changes In Inventories 156300 45512 66767 122857 40470 74201
Competitiveness Index 4.4 4.37 4.37 4.37 4.37 4.23
Competitiveness Rank 54 56 56 56 56 66
Ease of Doing Business 19 17 19 20 20 23
Electricity Production 545 518 495 487 493 492
Corruption Index 57 57 57 56 56 54
Corruption Rank 44 49 50 51 53 62