Latvia’s industrial production increased 0.5% year-on-year in June 2026, slowing from a revised 5.9% rise in the previous month and marking the weakest growth since March 2025. Output growth moderated in manufacturing (5.0% vs. 7.2% in May), weighed down by smaller gains in food products (5.7% vs. 8.3%) and declines in wearing apparel (-16.8% vs. 25.8%), leather and related products (-11.8% vs. 3.8%), and paper and paper products (-7.9% vs. 6.9%). Production also dropped sharply for electricity, gas, steam, and air conditioning supply (-29.8% vs. 7.1%). Conversely, activity accelerated in mining and quarrying (13.8% vs. 2.2%). On a monthly basis, industrial production fell 0.8% in June, reversing from a revised 0.3% increase in May. In the second quarter of 2026, industrial production rose 4.2% compared with the same period a year earlier. source: Central Statistical Bureau of Latvia

Industrial Production in Latvia increased 0.50 percent in June of 2026 over the same month in the previous year. Industrial Production in Latvia averaged 3.13 percent from 2001 until 2026, reaching an all time high of 23.20 percent in October of 2010 and a record low of -25.90 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 August of 2026.

Industrial Production in Latvia increased 0.50 percent in June of 2026 over the same month in the previous year. Industrial Production in Latvia is expected to be 4.80 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 3.50 percent in 2027 and 3.80 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-06 10:00 AM
Industrial Production YoY
May 6.2% 7.0% 6.2%
2026-08-04 10:00 AM
Industrial Production YoY
Jun 0.5% 5.9% 5.5%
2026-09-04 10:00 AM
Industrial Production YoY
Jul 0.5%


Related Last Previous Unit Reference
Business Confidence -4.40 -4.00 points Jul 2026
Car Registrations 2389.00 2055.00 Units Jun 2026
Changes in Inventories -126793.00 229939.00 EUR Thousand Mar 2026
Industrial Production YoY 0.50 5.90 percent Jun 2026
Industrial Production MoM -0.80 0.30 percent Jun 2026
Manufacturing Production 5.00 7.20 percent Jun 2026
Mining Production 13.80 2.20 percent Jun 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
0.50 5.90 23.20 -25.90 2001 - 2026 percent Monthly
2015=100, WDA

News Stream
Latvia Industrial Output Hits Over 1-Year Low
Latvia’s industrial production increased 0.5% year-on-year in June 2026, slowing from a revised 5.9% rise in the previous month and marking the weakest growth since March 2025. Output growth moderated in manufacturing (5.0% vs. 7.2% in May), weighed down by smaller gains in food products (5.7% vs. 8.3%) and declines in wearing apparel (-16.8% vs. 25.8%), leather and related products (-11.8% vs. 3.8%), and paper and paper products (-7.9% vs. 6.9%). Production also dropped sharply for electricity, gas, steam, and air conditioning supply (-29.8% vs. 7.1%). Conversely, activity accelerated in mining and quarrying (13.8% vs. 2.2%). On a monthly basis, industrial production fell 0.8% in June, reversing from a revised 0.3% increase in May. In the second quarter of 2026, industrial production rose 4.2% compared with the same period a year earlier.
2026-08-04
Latvia Industrial Output Growth Slows to 5-Month Low
Latvia’s industrial production rose 6.2% year-on-year in May 2026, easing from a 7% gain in the previous month. This marked the softest growth since December 2025, as activity moderated in manufacturing (6.1% vs 6.8% in April), driven largely by a slowdown in the production of dairy products (8.5% vs 13.0%), printing and reproduction of recorded media (2.8% vs 12.2%), rubber and plastic products (13.8% vs 14.5%), electrical equipment (5.9% vs 6.3%), and other manufacturing (4.6% vs 17.1%). At the same time, activity decreased in electricity, gas, steam, and air-conditioning supply (10.5% vs 12.1%). Meanwhile, production recovered sharply in mining and quarrying (2.5% vs -8.3%). On a monthly basis, industrial activity grew by 0.4% in May, following a flat reading in the preceding period.
2026-07-06
Latvia Industrial Output Growth Slows in April
Latvia’s industrial production rose 7% year-on-year in April 2026, easing from a 9.5% jump in the previous month. Growth slowed in electricity, gas, steam, and air-condition supply (12.1% vs 34.6% in March). On the other hand, output increased in manufacturing (6.8% vs 4.3%), lifted by higher production in wearing apparel (26.2% vs 3.1%), wood and wood products (1.6% vs 0.5%), printing and reproduction of recorded media (12.2% vs 1.9%), chemical and chemical products (16.6% vs 15.9%), and basic metals (12.3% vs 7.4%). Additionally, output declined at a softer pace in mining and quarrying (-8.3% vs -21.5%). On a monthly basis, industrial production grew by 0.1% in April, slowing from a 1.3% increase in the preceding period.
2026-06-04