Gross National Product in Latvia decreased to 6990 EUR Million in the first quarter of 2020 from 7817 EUR Million in the fourth quarter of 2019.

Gross National Product in Latvia averaged 4097.75 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 August of 2020.

Gross National Product in Latvia is expected to be 7623.00 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 7913.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 7797.00 EUR Million in 2021 and 8031.00 EUR Million in 2022, according to our econometric models.

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Latvia Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
6990.00 7817.00 7818.00 936.00 1995 - 2020 EUR Million Quarterly
Current Prices, NSA

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -7.50 -2.90 6.50 -7.50 percent [+]
GDP Annual Growth Rate -9.80 -1.50 15.10 -15.60 percent [+]
GDP 34.12 34.31 35.66 4.50 USD Billion [+]
GDP Constant Prices 5974893.00 7326935.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 6990.00 7817.00 7818.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 1378555.00 2058635.00 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 169757.00 166338.00 306211.00 82079.00 EUR Thousand [+]
GDP From Construction 273389.00 493678.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 662374.00 750119.00 768025.00 362912.00 EUR Thousand [+]
GDP From Mining 223650.00 215494.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 351751.00 623143.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 735696.00 951880.00 978914.00 187991.00 EUR Thousand [+]
GDP From Transport 467213.00 548677.00 639412.00 233137.00 EUR Thousand [+]