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

The Gross Domestic Product (GDP) in Latvia expanded 4.30 percent in the first quarter of 2018 over the same quarter of the previous year, preliminary estimates showed. GDP Annual Growth Rate in Latvia averaged 4.19 percent from 1996 until 2018, reaching an all time high of 14.10 percent in the first quarter of 2007 and a record low of -16.10 percent in the third quarter of 2009.

Latvia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-30 11:00 AM GDP Growth Rate YoY Flash 4.2% 5.8% 5.5%
2018-02-28 11:00 AM GDP Growth Rate YoY Final 4.2% 5.8% 4.2% 4.2%
2018-05-02 10:00 AM GDP Growth Rate YoY Flash 4.3% 4.2% 4%
2018-05-31 10:00 AM GDP Growth Rate YoY Final 4.2% 4.3% 4.3%
2018-07-31 10:00 AM GDP Growth Rate YoY Flash 3.6%
2018-08-31 10:00 AM GDP Growth Rate YoY Final


Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.70 0.40 5.20 -6.30 percent [+]
GDP Annual Growth Rate 4.30 4.20 14.10 -16.10 percent [+]
GDP 27.68 27.03 35.60 4.50 USD Billion [+]
GDP Constant Prices 6118213.00 5961319.00 6180093.00 2207929.00 EUR Thousand [+]
Gross National Product 7144.00 7045.00 7144.00 945.00 EUR Million [+]
Gross Fixed Capital Formation 1609233.00 1554072.00 2402613.00 95826.00 EUR Thousand [+]
GDP per capita 14714.67 14308.34 14714.67 5132.95 USD [+]
GDP per capita PPP 23712.09 23057.31 23712.09 7796.00 USD [+]
Gdp From Agriculture 171991.00 273556.00 273556.00 75089.00 EUR Thousand [+]
Gdp From Construction 373509.00 402107.00 631870.00 92342.00 EUR Thousand [+]
Gdp From Manufacturing 696872.00 692525.00 728373.00 333666.00 EUR Thousand [+]
Gdp From Mining 208545.00 163728.00 263523.00 96547.00 EUR Thousand [+]
Gdp From Public Administration 452779.00 315302.00 559872.00 182541.00 EUR Thousand [+]
Gdp From Services 869222.00 918082.00 918082.00 181772.00 EUR Thousand [+]
Gdp From Transport 522863.00 552777.00 592489.00 228683.00 EUR Thousand [+]


Latvia GDP Annual Growth Rate

On the expenditure side, 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. Latvia joined the Euro in 2014. 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.20 14.10 -16.10 1996 - 2018 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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