Latvia Gross National Income  Forecast


Gross National Product in Latvia is expected to be 6460.23 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 6560.72 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 6445.05 EUR Million in 2020, according to our econometric models.


Latvia Gross National Income
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Latvia GDP Last Q3/17 Q4/17 Q1/18 Q2/18 2020
GDP Growth Rate 1.2 0.8 0.7 0.7 0.6 0.5
GDP Annual Growth Rate 4 3.6 3.6 3.4 3.2 3
GDP 27.68 29.42 36.65 30.35 30.03 48.65
GDP Constant Prices 5673529 5505706 5851530 5219594 5593262 5625763
Gross National Product 6722 6460 6676 6439 6561 6445
Gross Fixed Capital Formation 1302666 1314830 1480842 901725 1088305 1446554
GDP per capita 14715 14793 14796 14793 14790 14876
GDP per capita PPP 23712 23840 23918 23924 23930 24101
Gdp From Agriculture 252880 256024 162154 158573 252505 164166
Gdp From Construction 265125 328249 298027 191777 246359 291219
Gdp From Manufacturing 728373 683019 687708 633226 684471 669041
Gdp From Mining 196558 158969 228864 250554 196285 209286
Gdp From Public Administration 333383 305659 440603 253489 334102 420363
Gdp From Services 744739 735246 733368 732996 732923 732905
Gdp From Transport 543814 554382 541052 553581 544787 538700