Latvia’s industrial production increased by 4% year-on-year in February 2026, easing from 13.2% in the previous month, which was the strongest growth since April 2021. Activity declined in manufacturing (-2.2% vs 1.3% in January), weighed down by slower pace of growth in food products (3.3% vs 7.8%) and persistent declines in beverages (-40.1% vs -12.7%), wearing apparel (-15.9% vs -15.2%), leather and related products (-16.9% vs -15.2%), wood products (-5.6% vs -3.8%), and repair and installation of machinery and equipment (-53.2% vs -43.3%). At the same time, output continued to fall in mining and quarrying (-37.2% vs -30.8%), while growth in electricity and gas supply moderated sharply (24.6% vs 57.1%). On a monthly basis, industrial production fell 1.3% in February 2026, reversing from 3.1% in January and marking the lowest level since March 2025. source: Central Statistical Bureau of Latvia

Industrial Production in Latvia increased 4 percent in February of 2026 over the same month in the previous year. Industrial Production in Latvia averaged 3.09 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 April of 2026.

Industrial Production in Latvia increased 4 percent in February of 2026 over the same month in the previous year. Industrial Production in Latvia is expected to be 4.50 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
2026-03-06 11:00 AM
Industrial Production YoY
Jan 13.2% 1.0% 3.8%
2026-04-07 10:00 AM
Industrial Production YoY
Feb 4.0% 13.2% 9.0%
2026-05-07 10:00 AM
Industrial Production YoY
Mar 4.0% 4.2%


Related Last Previous Unit Reference
Business Confidence 1.00 -0.50 points Mar 2026
Car Registrations 2040.00 1443.00 Units Mar 2026
Changes in Inventories 390317.00 -23405.00 EUR Thousand Dec 2025
Industrial Production YoY 4.00 13.20 percent Feb 2026
Industrial Production MoM -1.30 3.10 percent Feb 2026
Manufacturing Production -2.20 1.30 percent Feb 2026
Mining Production -37.20 -30.80 percent Feb 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
4.00 13.20 23.20 -25.90 2001 - 2026 percent Monthly
2015=100, WDA

News Stream
Latvia Industrial Output Growth Slows in February
Latvia’s industrial production increased by 4% year-on-year in February 2026, easing from 13.2% in the previous month, which was the strongest growth since April 2021. Activity declined in manufacturing (-2.2% vs 1.3% in January), weighed down by slower pace of growth in food products (3.3% vs 7.8%) and persistent declines in beverages (-40.1% vs -12.7%), wearing apparel (-15.9% vs -15.2%), leather and related products (-16.9% vs -15.2%), wood products (-5.6% vs -3.8%), and repair and installation of machinery and equipment (-53.2% vs -43.3%). At the same time, output continued to fall in mining and quarrying (-37.2% vs -30.8%), while growth in electricity and gas supply moderated sharply (24.6% vs 57.1%). On a monthly basis, industrial production fell 1.3% in February 2026, reversing from 3.1% in January and marking the lowest level since March 2025.
2026-04-07
Latvia Industrial Output Growth Strongest Since 2021
Latvia’s industrial production advanced 13.2% year-on-year in January 2026, following a 1% growth in the previous month. This marked the highest reading since April 2021 as activity increased in the manufacturing sector (1.3% vs 0.2% in December 2025), with notable gains in the processing and preserving of fruits and vegetables (12.6% vs 1.6%), dairy products (17.8% vs 4.4%), rubber and plastic products (7.5% vs -5.1%), basic metals (29.2% vs 1%), and electrical equipment (13.2% vs 7.9%). At the same time, output rose sharply in electricity and gas supply (57.1% vs 8.8%). In contrast, activity declined at a faster pace in mining and quarrying (-30.8% vs -18.7%). On a seasonally adjusted monthly basis, industrial production grew by 3.2% in January, rebounding from a downwardly revised 0.8% drop in the preceding period.
2026-03-06
Latvia Industrial Output Growth Eases in December
Latvia’s industrial production rose by 1% year-on-year in December 2025, easing sharply from an upwardly revised 7.2% in the previous month. Output growth slowed in manufacturing (0.3% vs 9.1% in November), particularly in textiles (-12.3% vs -8.5%), paper and paper products (-5.5% vs -1.2%), and rubber and plastic products (-5.4% vs -4.9%). Other sub-sectors posted softer gains, including the processing and preserving of meat (10.8% vs 12.6%), fruit and vegetables (1.7% vs 20.6%), chemicals (3.5% vs 4.8%), and other non-metallic mineral products (11.9% vs 18.1%). On the other hand, activity increased in electricity and gas supply (8.8% vs 3.6%), while output dropped at a slower pace for mining and quarrying (-18.9% vs -25.2%). On a seasonally adjusted basis, industrial production fell by 1.4% in December, following an upwardly revised 0.4% decline in the preceding period.
2026-02-04