Latvia Gross National Income - Forecast

Gross National Product in Latvia is expected to be 7175.00 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 6753.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 7837.00 EUR Million in 2020, according to our econometric models.


Forecast Data Chart
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Latvia GDP Last Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Growth Rate 0.9 0.8 0.8 0.9 0.9 0.6
GDP Annual Growth Rate 5.3 3.7 3.7 3.1 3.3 2.8
GDP 30.26 40 40 44 44 48
GDP Constant Prices 5997093 6074394 6344832 5373523 6194997 6711639
Gross National Product 7150 7175 7408 6740 7386 7837
Gross Fixed Capital Formation 1486248 1582853 1668775 1137302 1535294 1765250
GDP per capita 15553 15961 15961 16200 16200 16902
GDP per capita PPP 25064 25617 25617 26141 26141 26610
Gdp From Agriculture 286036 288749 178355 186254 295475 188666
Gdp From Construction 346543 409554 387329 213648 357979 409721
Gdp From Manufacturing 730513 705351 722656 607468 754620 764434
Gdp From Mining 166872 167314 214787 239350 172379 227204
Gdp From Public Administration 335009 321141 469532 261869 346064 496676
Gdp From Services 817915 926160 901383 716809 844906 953494
Gdp From Transport 519403 560844 542209 547386 536543 573555