Latvia - Economic Indicators

Overview Last Reference
GDP Growth Rate 1.7 % Mar/18
Unemployment Rate 8.2 % Mar/18
Inflation Rate 2 % Apr/18
Interest Rate 0 % Apr/18
Balance of Trade -254 EUR Million Mar/18
Government Debt to GDP 40.1 % Dec/17

Markets Last Reference
Currency 1.17 May/18
Stock Market 1049 points May/18
Government Bond 10y 0.55 % May/18
GDP Last Reference
GDP Growth Rate 1.7 % Mar/18
GDP Annual Growth Rate 4.3 % Mar/18
GDP 27.68 USD Billion Dec/16
GDP Constant Prices 6118213 EUR Thousand Dec/17
Gross National Product 7144 EUR Million Dec/17
Gross Fixed Capital Formation 1609233 EUR Thousand Dec/17
GDP per capita 14715 USD Dec/16
GDP per capita PPP 23712 USD Dec/16
Gdp From Agriculture 171991 EUR Thousand Dec/17
Gdp From Construction 373509 EUR Thousand Dec/17
Gdp From Manufacturing 696872 EUR Thousand Dec/17
Gdp From Mining 208545 EUR Thousand Dec/17
Gdp From Public Administration 452779 EUR Thousand Dec/17
Gdp From Services 869222 EUR Thousand Dec/17
Gdp From Transport 522863 EUR Thousand Dec/17
Labour Last Reference
Unemployment Rate 8.2 % Mar/18
Employed Persons 898 Thousand Mar/18
Unemployed Persons 61882 Apr/18
Long Term Unemployment Rate 2.6 % Dec/17
Youth Unemployment Rate 15.2 % Mar/18
Labour Costs 132 Index Points Dec/17
Job Vacancies 17271 Dec/17
Wages 738 EUR/Month Dec/17
Minimum Wages 430 EUR/Month Jun/18
Population 1.95 Million Dec/17
Retirement Age Women 63.25 Dec/18
Retirement Age Men 63.25 Dec/18
Employment Change 0.9 % Dec/17
Employment Rate 63.7 % Dec/17
Full Time Employment 799 Thousand Dec/17
Labor Force Participation Rate 69.3 % Dec/17
Part Time Employment 66.1 Thousand Dec/17
Productivity 130 Index Points Dec/17
Prices Last Reference
Inflation Rate 2 % Apr/18
Inflation Rate Mom 0.2 % Apr/18
Consumer Price Index CPI 106 Index Points Apr/18
Harmonised Consumer Prices 105 Index Points Apr/18
Core Consumer Prices 105 Index Points Apr/18
Core Inflation Rate 1.8 % Apr/18
GDP Deflator 1.18 % Dec/17
Producer Prices 117 Index Points Apr/18
Producer Prices Change 4 % Apr/18
Export Prices 103 Index Points Mar/18
Import Prices 97.2 Index Points Mar/18
CPI Housing Utilities 102 Index Points Apr/18
CPI Transportation 103 Index Points Apr/18
Food Inflation 0.3 % Apr/18
Money Last Reference
Interest Rate 0 % Apr/18
Interbank Rate 0.17 % May/18
Money Supply M0 10128 EUR Million Apr/18
Money Supply M1 10838 EUR Million Mar/18
Money Supply M2 12880 EUR Million Mar/18
Banks Balance Sheet 27246 EUR Million Feb/18
Foreign Exchange Reserves 3890 USD Million Apr/18
Central Bank Balance Sheet 17879 EUR Million Feb/18
Loans To Private Sector 5379 EUR Million Mar/18
Trade Last Reference
Balance of Trade -254 EUR Million Mar/18
Exports 966 EUR Million Mar/18
Imports 1220 EUR Million Mar/18
Current Account -88 EUR Million Mar/18
Current Account to GDP -0.8 % Dec/17
External Debt 37824 EUR Million Dec/17
Capital Flows 122000 EUR THO Dec/17
Gold Reserves 6.6 Tonnes Mar/18
Foreign Direct Investment 45 EUR Million Mar/18
Terrorism Index 0 Dec/16
Government Last Reference
Government Debt to GDP 40.1 % Dec/17
Government Budget -0.5 % of GDP Dec/17
Government Budget Value 239255 EUR Million Apr/18
Government Spending 1119307 EUR Thousand Dec/17
Government Spending to GDP 38 % Dec/17
Government Revenues 995188 EUR Thousand Apr/18
Government Debt 10782 EUR Million Dec/17
Fiscal Expenditure 983150 EUR Thousand Apr/18
Asylum Applications 20 persons Feb/18
Credit Rating 69.35
Military Expenditure 492 USD Million Dec/17
Business Last Reference
Business Confidence 3.4 Index Points Mar/18
Industrial Production 0.6 % Mar/18
Industrial Production Mom -3.6 % Mar/18
Manufacturing Production 1.5 % Mar/18
Capacity Utilization 76.3 % Jun/18
Car Registrations 4211 Mar/18
Internet Speed 16580 KBps Mar/17
IP Addresses 878525 IP Mar/17
Changes In Inventories -19303 EUR Thousand Dec/17
Competitiveness Index 4.4 Points Dec/18
Competitiveness Rank 54 Dec/18
Corruption Index 58 Points Dec/17
Corruption Rank 40 Dec/17
Ease of Doing Business 19 Dec/17
Electricity Production 751 Gigawatt-hour Mar/18
Mining Production -5.9 % Mar/18
Consumer Last Reference
Consumer Confidence -9.6 Index Points Mar/18
Retail Sales MoM 2.3 % Mar/18
Retail Sales YoY 6.5 % Mar/18
Consumer Spending 3603429 EUR Thousand Dec/17
Personal Savings 2.66 % Dec/16
Consumer Credit 493 EUR Million Mar/18
Bank Lending Rate 3.67 % Mar/18
Economic Optimism Index 106 Mar/18
Gasoline Prices 1.48 USD/Liter Apr/18
Households Debt To Income 37.56 % Dec/16
Housing Last Reference
Housing Index 120 Index Points Dec/17
Home Ownership Rate 81.5 % Dec/17
Taxes Last Reference
Corporate Tax Rate 15 % Dec/18
Personal Income Tax Rate 20 % Dec/18
Sales Tax Rate 21 % Dec/18
Social Security Rate 34.09 % Dec/18
Social Security Rate For Companies 23.59 % Dec/18
Social Security Rate For Employees 10.5 % Dec/18
Climate Last Reference
Precipitation 46.46 mm Dec/15
Temperature 2.26 celsius Dec/15


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Economic Indicators for Latvia including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Latvia economy.