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. source: Central Statistical Bureau of Latvia

Industrial Production in Latvia increased 6.20 percent in May of 2026 over the same month in the previous year. Industrial Production in Latvia averaged 3.14 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 July of 2026.

Industrial Production in Latvia increased 6.20 percent in May of 2026 over the same month in the previous year. Industrial Production in Latvia is expected to be 4.80 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
2026-06-04 10:00 AM
Industrial Production YoY
Apr 7.0% 9.5% 8.7%
2026-07-06 10:00 AM
Industrial Production YoY
May 6.2% 7.0% 6.2%
2026-08-04 10:00 AM
Industrial Production YoY
Jun 6.2% 4.5%


Related Last Previous Unit Reference
Business Confidence -4.00 -2.30 points Jun 2026
Car Registrations 2055.00 1909.00 Units May 2026
Changes in Inventories -126793.00 229939.00 EUR Thousand Mar 2026
Industrial Production YoY 6.20 7.00 percent May 2026
Industrial Production MoM 0.40 0.00 percent May 2026
Manufacturing Production 6.10 6.80 percent May 2026
Mining Production 2.50 -8.30 percent May 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
6.20 7.00 23.20 -25.90 2001 - 2026 percent Monthly
2015=100, WDA

News Stream
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
Latvia Industrial Output Growth Slows in April
Latvia’s industrial production rose 7% year-on-year in April 2026, easing from a 9.5% jump in the previous month. Growth slowed in electricity, gas, steam, and air-condition supply (12.1% vs 34.6% in March). On the other hand, output increased in manufacturing (6.8% vs 4.3%), lifted by higher production in wearing apparel (26.2% vs 3.1%), wood and wood products (1.6% vs 0.5%), printing and reproduction of recorded media (12.2% vs 1.9%), chemical and chemical products (16.6% vs 15.9%), and basic metals (12.3% vs 7.4%). Additionally, output declined at a softer pace in mining and quarrying (-8.3% vs -21.5%). On a monthly basis, industrial production grew by 0.1% in April, slowing from a 1.3% increase in the preceding period.
2026-06-04
Latvia Industrial Production Rises in March
Latvia’s industrial production rose 9.5% year-on-year in March 2026, following an upwardly revised 6.4% increase in the previous month. Manufacturing output rebounded to 4.4% from a 2% decline in February, driven by gains in food products (8.7% vs 3.2%), chemicals and chemical products (15.9% vs 6.5%), and recoveries in wearing apparel (3.2% vs -14.4%), wood and wood products excluding furniture, manufacture of articles of straw and plaiting materials (0.5% vs -4.9%), printing and reproduction of recorded media (1.9% vs -9.5%), and rubber and plastic products (27.7% vs -13.5%). At the same time, output in electricity, gas, and supply continued to increase (34.6% vs 33.5%), while declines in mining and quarrying eased (-21.5% vs -37.2%). On a monthly basis, industrial production rebounded to 1.3% in March from a revised 0.6% decline in February.
2026-05-07