Gross National Product in Latvia increased to 7635 EUR Million in the third quarter of 2020 from 6915 EUR Million in the second quarter of 2020. source: Central Statistical Bureau of Latvia

Gross National Product in Latvia averaged 4159.45 EUR Million from 1995 until 2020, reaching an all time high of 7818 EUR Million in the third quarter of 2019 and a record low of 936 EUR Million in the first quarter of 1995. This page provides - Latvia Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Gross National Income - values, historical data and charts - was last updated on January of 2021.

Gross National Product in Latvia is expected to be 7661.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Latvia to stand at 7856.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 8044.00 EUR Million in 2021 and 8285.00 EUR Million in 2022, according to our econometric models.

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Latvia Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
7635.00 6915.00 7818.00 936.00 1995 - 2020 EUR Million Quarterly
Current Prices, NSA

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 7.10 -7.10 7.10 -7.10 percent [+]
GDP Annual Growth Rate -2.60 -8.90 15.10 -15.60 percent [+]
GDP 34.12 34.31 35.66 4.50 USD Billion [+]
GDP Constant Prices 7029631.00 6290947.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 7635.00 6915.00 7818.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 1928500.00 1561647.00 2422885.00 92703.00 EUR Thousand [+]
GDP per capita 16697.69 16216.70 16697.69 5140.98 USD [+]
GDP per capita PPP 30830.10 29942.00 30830.10 7796.00 USD [+]
GDP From Agriculture 315956.00 281465.00 315956.00 82079.00 EUR Thousand [+]
GDP From Construction 487824.00 382030.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 796540.00 700864.00 796540.00 362912.00 EUR Thousand [+]
GDP From Mining 143854.00 175562.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 445992.00 452195.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 1044348.00 795966.00 1044348.00 187991.00 EUR Thousand [+]
GDP From Transport 516018.00 402065.00 639412.00 233137.00 EUR Thousand [+]