Latvia GDP Annual Growth Rate  1996-2018 | Data | Chart | Calendar

The Latvian economy advanced 5.3 percent year-on-year in the second quarter of 2018 compared to a preliminary reading of 5.1 percent and above a 4.0 percent rise in the first quarter. It was the strongest expansion since the third quarter of 2017. GDP Annual Growth Rate in Latvia averaged 4.19 percent from 1996 until 2018, reaching an all time high of 13.90 percent in the first quarter of 2007 and a record low of -16.20 percent in the third quarter of 2009.

Latvia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-31 10:00 AM GDP Growth Rate YoY Final 4.2% 4.2% 4.3% 4.3%
2018-07-30 10:00 AM GDP Growth Rate YoY Flash 5.1% 4.0% 3.8%
2018-08-31 10:00 AM GDP Growth Rate YoY Final 5.3% 4.0% 5.1%
2018-10-30 11:00 AM GDP Growth Rate YoY Flash 5.3% 3.7%
2018-11-30 11:00 AM GDP Growth Rate YoY Final


Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 1.50 5.20 -6.30 percent [+]
GDP Annual Growth Rate 5.30 4.00 13.90 -16.20 percent [+]
GDP 30.26 27.57 35.60 4.50 USD Billion [+]
GDP Constant Prices 5997093.00 5211952.00 6180093.00 2207929.00 EUR Thousand [+]
Gross National Product 7150.00 6537.00 7150.00 945.00 EUR Million [+]
Gross Fixed Capital Formation 1486248.00 1103106.00 2402613.00 95826.00 EUR Thousand [+]
GDP per capita 15553.33 14733.84 15553.33 5140.53 USD [+]
GDP per capita PPP 25063.85 23743.26 25063.85 7796.00 USD [+]
Gdp From Agriculture 286036.00 180654.00 287649.00 75089.00 EUR Thousand [+]
Gdp From Construction 346543.00 207224.00 631870.00 92342.00 EUR Thousand [+]
Gdp From Manufacturing 730513.00 589203.00 730513.00 333666.00 EUR Thousand [+]
Gdp From Mining 166872.00 232153.00 253926.00 96547.00 EUR Thousand [+]
Gdp From Public Administration 335009.00 253995.00 559872.00 182541.00 EUR Thousand [+]
Gdp From Services 817915.00 695256.00 909319.00 181772.00 EUR Thousand [+]
Gdp From Transport 519403.00 530927.00 592489.00 228683.00 EUR Thousand [+]


Latvia GDP Annual Growth Rate

In Latvia, household consumption is the main component of GDP and accounts for 61 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 59 percent while imports account for 62 percent, subtracting 3 percent of total GDP. This page provides - Latvia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.30 4.00 13.90 -16.20 1996 - 2018 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Mexico 2.60 Jun/18
Singapore 2.60 Sep/18
Spain 2.50 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
Saudi Arabia 1.61 Jun/18
Italy 1.20 Jun/18
United Kingdom 1.20 Jun/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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