Industrial production in Latvia increased 5.8 percent year-on-year in September of 2021, accelerating from a 3.7 percent jump in the previous month. Production increased for manufacturing (6.7 percent vs 7.9 percent in August), and rebounded for electricity and gas supply (0.7 percent vs -31.1 percent). However, industrial output slightly decreased for mining & quarrying (-1.1 percent vs 13.7 percent). On a monthly basis, industrial production rose 1.5 percent, after a 2 percent drop in the previous month. source: Central Statistical Bureau of Latvia

Industrial Production in Latvia averaged 3.82 percent from 2000 until 2021, reaching an all time high of 23.20 percent in October of 2010 and a record low of -26 percent in March of 2009. This page provides the latest reported value for - Latvia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Latvia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Industrial Production in Latvia is expected to be 9.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Industrial Production is projected to trend around 2.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Latvia Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-10-04 10:00 AM Aug 3.7% 8.4% 9.2%
2021-11-03 11:00 AM Sep 5.8% 3.7% 3.9%
2021-12-06 11:00 AM Oct 5.8% 4.2%


Related Last Previous Unit Reference
Business Confidence 1.50 3.20 points Aug/21
Industrial Production Mom 1.50 -2.00 percent Sep/21
Industrial Production 5.80 3.70 percent Sep/21
Manufacturing Production 6.70 7.90 percent Sep/21
Car Registrations 4027.00 4300.00 Sep/21
Mining Production -1.10 13.70 percent Sep/21
Changes In Inventories 458852.00 634581.00 EUR Thousand Sep/21

News Stream
Latvia Industrial Output Quickens in September
Industrial production in Latvia increased 5.8 percent year-on-year in September of 2021, accelerating from a 3.7 percent jump in the previous month. Production increased for manufacturing (6.7 percent vs 7.9 percent in August), and rebounded for electricity and gas supply (0.7 percent vs -31.1 percent). However, industrial output slightly decreased for mining & quarrying (-1.1 percent vs 13.7 percent). On a monthly basis, industrial production rose 1.5 percent, after a 2 percent drop in the previous month.
2021-11-03
Latvia Industrial Production Eases in August
Industrial production in Latvia rose 3.7 percent year-on-year in August of 2021, easing from an 8.4 percent jump in the previous month. Production largely decreased for electricity and gas supply (-31.1 percent vs 13.2 percent in July), while it accelerated for mining and quarrying (13.7 percent vs 11.8 percent) and increased at a constant rate in manufacturing (7.9 percent). On a monthly basis, industrial output dropped 2 percent, after a downwardly revised 0.7 percent gain seen in July.
2021-10-04
Latvia Industrial Output Continues to Rise in May
Industrial output in Latvia rose 10.1 percent year-on-year in May of 2021, easing from a 20.5 percent surge in the previous month. Production advanced in all sectors: manufacturing (11.0 percent vs 20.3 percent in April); mining & quarrying (4.6 percent vs 15.0 percent); and electricity & gas supply (3.8 percent vs 23.1 percent). On a monthly basis, industrial output dropped 2.3 percent, after a 2.6 percent gain in April.
2021-07-06

Latvia Industrial Production
In Latvia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.