Latvia Industrial Production  2001-2017 | Data | Chart | Calendar

Industrial production in Latvia jumped 12.1 percent year-on-year in August of 2017, following a 8.8 percent increase in the previous month. It is the strongest expansion in industrial production since June of 2011. Output grew sharply for manufacturing (12.1 percent vs 8.2 percent in July), particularly boosted by higher production of motor vehicles, trailers and semi-trailers (49.1 percent vs 13.1 percent); leather and leather products (36.8 percent vs 2.6 percent); chemicals and chemical products (30.5 percent vs 5.1 percent) and metal products (34.9 percent vs 18 percent). Also, electricity and gas supply rose faster (10.6 percent vs 7.7 percent). Meanwhile, mining activity slowed (20.4 percent vs 28.6 percent). On a monthly basis, industrial output went up 1.2 percent, compared to a 0.1 percent increase in July. Considering the January to August period, industrial production surged 9.4 percent. Industrial Production in Latvia averaged 4.18 percent from 2001 until 2017, 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
2017-08-03 10:00 AM Industrial Production YoY 7.8% 10.4% 9.4%
2017-09-04 10:00 AM Industrial Production YoY 8.8% 7.8% 7.5%
2017-10-04 10:00 AM Industrial Production YoY 12.1% 8.8% 8.2%
2017-11-03 11:00 AM Industrial Production YoY 12.1% 8.50%
2017-12-04 11:00 AM Industrial Production YoY 8.50%


Latvia Business Last Previous Highest Lowest Unit
Business Confidence 1.20 2.80 12.50 -44.70 [+]
Industrial Production 12.10 8.80 23.30 -26.70 percent [+]
Industrial Production Mom 1.20 0.10 4.70 -8.60 percent [+]
Manufacturing Production 12.10 8.20 27.60 -31.20 percent [+]
Capacity Utilization 74.50 74.80 75.30 43.70 percent [+]
Car Registrations 4630.00 4088.00 9388.00 1070.00 Cars [+]
Changes In Inventories 156300.00 91627.00 527996.00 -208617.00 EUR Thousand [+]
Competitiveness Index 4.40 4.45 4.49 4.05 Points [+]
Competitiveness Rank 54.00 49.00 70.00 42.00 [+]
Ease of Doing Business 14.00 17.00 31.00 14.00 [+]
Electricity Production 405.00 372.00 995.00 159.00 Gigawatt-hour [+]
Corruption Index 57.00 55.00 57.00 27.00 Points [+]
Corruption Rank 44.00 40.00 71.00 40.00 [+]
Mining Production 20.40 28.60 124.30 -35.60 percent [+]


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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
12.10 8.80 23.30 -26.70 2001 - 2017 percent Monthly
2010=100, WDA




industrial production by Country

Last
Australia 0.70 Jun/17
Brazil 4.00 Aug/17
Canada 5.23 Jul/17
China 6.60 Sep/17
Euro Area 3.80 Aug/17
France 1.10 Aug/17
Germany 4.70 Aug/17
India 4.30 Aug/17
Indonesia -1.40 Jun/17
Italy 5.70 Aug/17
Japan 5.30 Aug/17
Mexico -0.50 Aug/17
Netherlands -1.80 Aug/17
Russia 0.90 Sep/17
South Korea 2.70 Aug/17
Spain 1.80 Aug/17
Switzerland 2.90 Jun/17
Turkey 5.20 Aug/17
United Kingdom 1.60 Aug/17
United States 1.60 Sep/17