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. source: Central Statistical Bureau of Latvia

Industrial Production in Latvia increased 1 percent in December of 2025 over the same month in the previous year. Industrial Production in Latvia averaged 3.12 percent from 2001 until 2025, 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 February of 2026.

Industrial Production in Latvia increased 1 percent in December of 2025 over the same month in the previous year. Industrial Production in Latvia is expected to be 4.20 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
2026-01-08 11:00 AM
Industrial Production YoY
Nov 6.9% 8.8% 9.0%
2026-02-04 11:00 AM
Industrial Production YoY
Dec 1.0% 7.2% 3.5%
2026-03-06 11:00 AM
Industrial Production YoY
Jan 4.0% 3.8%


Related Last Previous Unit Reference
Business Confidence -3.30 -8.70 points Jan 2026
Car Registrations 1438.00 1721.00 Units Dec 2025
Changes in Inventories -24576.00 388528.00 EUR Thousand Sep 2025
Industrial Production YoY 1.00 7.20 percent Dec 2025
Industrial Production MoM -1.40 -0.40 percent Dec 2025
Manufacturing Production 0.30 9.10 percent Dec 2025
Mining Production -18.90 -25.20 percent Dec 2025


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
1.00 7.20 23.20 -25.90 2001 - 2025 percent Monthly
2015=100, WDA

News Stream
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
Latvia Industrial Output Growth Slows in November
Latvia’s industrial production rose by 6.9% year-on-year in November 2025, slowing from a three-month high of 6.9% growth in the previous month. The slowdown was driven by weaker performance in manufacturing (8.9% vs 9.5% in October) and electricity and gas supply (3.5% vs 10.1%), alongside a further decline in mining and quarrying (-25.9% vs -16.1%). Within manufacturing, output fall sharply in beverages (-22.8% vs -6.7%), basic metals (-19.9% vs -0.5%), textiles (-11.1% vs 2.0%), paper and paper products (-2.3% vs 4.7%), and rubber and plastic products (-6.2% vs 3.6%). Other sub-sectors posted softer growth, including manufacture of wood and wood products, excluding furniture (5.4% vs 7.0%), chemicals (5.6% vs 7.9%), computer, electronic and optical products (5.1% vs 29.2%), electrical equipment (8.1% vs 9.4%), and machinery and equipment (12.9% vs 16.1%). On a seasonally adjusted monthly basis, industrial production declined 0.6% in November, reversing a 1.4% increase in October.
2026-01-08
Latvia Industrial Output Hits 3-Month High
Latvia's industrial production increased by 8.8% year-on-year in October 2025, from a downwardly revised 6.1% in the previous month. It marked the highest reading since July, as output accelerated for manufacturing (9.5% vs 8.5% in September), particularly in the manufacture of wood and products of wood and cork, except furniture (7%), food products (12.9%), and fabricated metal products, except machinery and equipment (12.7%). Other notable increases were recorded in the manufacture of motor vehicles, trailers, and semi-trailers (32.4%), computer, electronic, and optical products (29.2%), and machinery and equipment (16.1%). A much slower decline in mining and quarrying (-16.1% vs -28.1%) and a sharp rebound in electricity and gas supply (10.1% vs -4.9%) also supported overall output. On a seasonally adjusted monthly basis, industrial production eased to 1.4% from 1.7% in the previous month.
2025-12-04