Latvia’s industrial production fell by 0.2% year-on-year in July 2026, following a 0.5% increase in the previous month. This marked the first contraction since March 2025, as output growth moderated in mining and quarrying (12.4% vs 13.8% in June), while activity declined at a faster pace in electricity, gas, steam, and air-conditioning supply (-35.6% vs -29.8%). Meanwhile, production increased in manufacturing (8.2% vs 5.0%), lifted by stronger gains in food products (11.7% vs 5.7%), textiles (131.9% vs 122.0%), rubber and plastic products (13.2% vs 0.5%), fabricated metal products, except machinery and equipment (33.9% vs 19.0%), and repair and installation of machinery and equipment (8.2% vs 1.2%). On a monthly basis, industrial activity rose by 0.1% in July, rebounding from a downwardly revised 0.9% drop in the preceding period. source: Central Statistical Bureau of Latvia

Industrial Production in Latvia decreased 0.20 percent in July of 2026 over the same month in the previous year. Industrial Production in Latvia averaged 3.12 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 October of 2026.

Industrial Production in Latvia decreased 0.20 percent in July of 2026 over the same month in the previous year. Industrial Production in Latvia is expected to be 1.80 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
2026-08-04 10:00 AM
Industrial Production YoY
Jun 0.5% 5.9% 5.5%
2026-09-04 10:00 AM
Industrial Production YoY
Jul -0.2% 0.5% 0.8%
2026-10-06 10:00 AM
Industrial Production YoY
Aug -0.2% -0.8%


Related Last Previous Unit Reference
Business Confidence -3.50 -3.50 points Sep 2026
Car Registrations 1852.00 2443.00 Units Aug 2026
Changes in Inventories 746660.00 -126976.00 EUR Thousand Jun 2026
Industrial Production YoY -0.20 0.50 percent Jul 2026
Industrial Production MoM 0.10 -0.90 percent Jul 2026
Manufacturing Production 8.20 5.00 percent Jul 2026
Mining Production 12.40 13.80 percent Jul 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
-0.20 0.50 23.20 -25.90 2001 - 2026 percent Monthly
2015=100, WDA

News Stream
Latvia Industrial Output Contracts for First Time in 16 Months
Latvia’s industrial production fell by 0.2% year-on-year in July 2026, following a 0.5% increase in the previous month. This marked the first contraction since March 2025, as output growth moderated in mining and quarrying (12.4% vs 13.8% in June), while activity declined at a faster pace in electricity, gas, steam, and air-conditioning supply (-35.6% vs -29.8%). Meanwhile, production increased in manufacturing (8.2% vs 5.0%), lifted by stronger gains in food products (11.7% vs 5.7%), textiles (131.9% vs 122.0%), rubber and plastic products (13.2% vs 0.5%), fabricated metal products, except machinery and equipment (33.9% vs 19.0%), and repair and installation of machinery and equipment (8.2% vs 1.2%). On a monthly basis, industrial activity rose by 0.1% in July, rebounding from a downwardly revised 0.9% drop in the preceding period.
2026-09-04
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