Industrial production in Latvia shrank 1.2 percent year-on-year in September of 2018, following an upwardly revised 6.8 percent rise in the prior month. It was the largest decrease since February 2015 when industrial activity fell 1.7 percent. Output tumbled for electricity and gas supply (-12.6 percent vs 16.9 percent in August), on lower production of electricity in hydro power plants; and it slowed for manufacturing (2.0 percent vs 4.2 percent). In contrast, production grew faster for mining & quarrying (2.7 percent vs 1.5 percent). Considering the third quarter of 2018, industrial activity advanced 3.0 percent over a year earlier. On a seasonally adjusted monthly basis, industrial production fell 3.3 percent, after increasing 2.3 percent in August. In the third quarter of 2018, industrial production rose 2.5 percent compared with the second quarter of the year. Industrial Production in Latvia averaged 4.17 percent from 2001 until 2018, reaching an all time high of 23.30 percent in October of 2010 and a record low of -26.70 percent in February of 2009.

Latvia Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-03 10:00 AM Industrial Production YoY 3.6% 0.4% 0.8%
2018-10-04 10:00 AM Industrial Production YoY 6.5% 3.6% 0.9%
2018-11-05 11:00 AM Industrial Production YoY -1.2% 6.8% 4.2%
2018-12-04 11:00 AM Industrial Production YoY -1.2% -0.76%


Latvia Business Last Previous Highest Lowest Unit
Business Confidence 3.90 2.40 12.50 -44.70 Index Points [+]
Industrial Production -1.20 6.80 23.30 -26.70 percent [+]
Industrial Production Mom -3.30 2.30 5.20 -8.40 percent [+]
Manufacturing Production 2.00 4.20 27.70 -31.20 percent [+]
Capacity Utilization 75.90 77.40 77.40 43.70 percent [+]
Car Registrations 4192.00 4945.00 9388.00 1070.00 [+]
Internet Speed 16580.44 17189.85 18326.11 3101.80 KBps [+]
IP Addresses 878525.00 831199.00 878525.00 273180.00 IP [+]
Mining Production 2.70 1.50 124.40 -35.60 percent [+]
Changes In Inventories -48267.00 -14066.00 527499.00 -214170.00 EUR Thousand [+]
Competitiveness Index 66.25 64.80 66.25 4.05 Points [+]
Competitiveness Rank 42.00 42.00 70.00 42.00 [+]
Ease of Doing Business 19.00 19.00 31.00 14.00 [+]
Electricity Production 398.00 467.00 995.00 159.00 Gigawatt-hour [+]
Corruption Index 58.00 57.00 58.00 27.00 Points [+]
Corruption Rank 40.00 44.00 71.00 40.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 6.80 23.30 -26.70 2001 - 2018 percent Monthly
2010=100, WDA




Country Last
Argentina -11.50 Sep/18
Australia 3.50 Jun/18
Brazil -2.00 Sep/18
Canada 3.04 Jul/18
China 5.90 Oct/18
Euro Area 0.90 Sep/18
France -1.10 Sep/18
Germany 0.80 Sep/18
India 4.50 Sep/18
Indonesia 9.00 Jul/18
Italy 1.30 Sep/18
Japan -2.50 Sep/18
Mexico 1.80 Sep/18
Netherlands -2.10 Sep/18
Russia 2.10 Sep/18
Saudi Arabia 3.44 Mar/18
Singapore -0.20 Sep/18
South Africa 0.10 Sep/18
South Korea -8.40 Sep/18
Spain -0.10 Sep/18
Switzerland 8.30 Jun/18
Turkey -2.70 Sep/18
United Kingdom 0.00 Sep/18
United States 5.10 Sep/18


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