Latvia | Economic Indicators


Markets Last Reference Previous Range
Currency 1.1 Aug/15 1.1 0.7 : 1.87
Stock Market 444 Index points Aug/15 443 104 : 764
Government Bond 10y 1.35 percent Jul/15 1.35 0.54 : 17
GDP Last Reference Previous Range
GDP 31.92 USD Billion Dec/14 30.91 4.5 : 35.67
GDP Growth Rate 1.2 percent Jun/15 0.4 -12 : 4.6
GDP Annual Growth Rate 2.7 percent Jun/15 1.9 -19.1 : 13.9
GDP Constant Prices 4826853 EUR THO Mar/15 5751211 3808 : 6143458
Gross National Product 5627 EUR Million Mar/15 6384 944 : 6384
GDP per capita 9974 USD Dec/14 9636 2153 : 9974
Gross Fixed Capital Formation 1045 EUR THO Mar/15 1625 95.86 : 2403
GDP per capita PPP 22460 USD Dec/14 21699 7796 : 22460
Labour Last Reference Previous Range
Unemployment Rate 10.2 percent Mar/15 10.2 5.4 : 20.7
Employed Persons 884 Thousand Mar/15 882 830 : 1404
Unemployed Persons 80688 Jun/15 80567 36690 : 194253
Job Vacancies 3937 Mar/15 3303 1643 : 15204
Long Term Unemployment Rate 4.5 percent Mar/15 4.7 1.2 : 10.1
Youth Unemployment Rate 15.8 percent Mar/15 15.8 8.6 : 39.3
Wages 601 EUR/Month Mar/15 565 113 : 604
Labour Costs 118 Index Points Mar/15 117 55.08 : 130
Population 1.99 Million Dec/14 2.02 1.99 : 2.68
Retirement Age Women 62.5 Dec/15 62 59.5 : 62.5
Retirement Age Men 62.5 Dec/15 62 62 : 62.5
Minimum Wages 360 EUR/Month Jun/15 320 75.18 : 360
Prices Last Reference Previous Range
Inflation Rate 0.6 percent Jun/15 1.2 -4.3 : 17.7
Inflation Rate Mom -0.2 percent Jun/15 0.6 -1.1 : 3.5
Consumer Price Index CPI 109 Index Points Jun/15 109 22.6 : 109
Harmonised Consumer Prices 150 Index Points Jun/15 151 65.9 : 151
GDP Deflator 1.14 percent Mar/15 1.12 0.01 : 1.16
Producer Prices 114 Index Points Jun/15 113 69.1 : 114
Producer Prices Change -0.3 percent Jun/15 -0.1 -9.32 : 17.72
Export Prices 118 Index Points May/15 118 43.7 : 119
Import Prices 118 Index Points May/15 117 52.4 : 121
Core Consumer Prices 126 Index Points Jun/15 126 62.7 : 128
Core Inflation Rate 2 percent Jun/15 2.1 -5.2 : 14.3
Food Inflation -2.3 percent Jun/15 -0.5 -8.6 : 22.5
Money Last Reference Previous Range
Interest Rate 0.05 percent Jul/15 0.05 0.05 : 4.75
Interbank Rate -0.2 percent May/15 0 -0.2 : 53.6
Money Supply M0 6696 EUR Million Jun/15 6573 154 : 6696
Money Supply M1 8493 EUR Million Jun/15 8522 2105 : 8522
Money Supply M2 10643 EUR Million Jun/15 10616 2881 : 10643
Foreign Exchange Reserves 3006 USD Million Jun/15 3053 308 : 6080
Banks Balance Sheet 31681 EUR Million May/15 31253 27361 : 31681
Central Bank Balance Sheet 9527 EUR Million May/15 9222 1528 : 9527
Trade Last Reference Previous Range
Balance of Trade -188 EUR Million May/15 -158 -557 : 40.1
Exports 798 EUR Million May/15 904 53.1 : 1062
Imports 986 EUR Million May/15 1062 52.5 : 1227
Current Account -19.21 EUR Million May/15 -16 -546 : 348
Current Account to GDP -3.1 percent Dec/14 -2.3 -20.7 : 11.9
External Debt 35259 EUR Million Mar/15 33358 826 : 35259
Capital Flows 211450 EUR THO Mar/15 121600 -778830 : 1453820
Gold Reserves 6.62 Tonnes Mar/15 6.62 6.62 : 7.75
Foreign Direct Investment 53.03 EUR Million May/15 70.75 -190 : 268
Government Last Reference Previous Range
Government Budget -1.4 percent of GDP Dec/14 -0.7 -9.8 : 1.5
Government Debt to GDP 40 percent Dec/14 38.2 9 : 44.5
Government Budget Value -40.1 EUR Million Jun/15 103 -516 : 290
Government Spending 818295 EUR Million Mar/15 1055384 604252 : 1173444
Government Spending to GDP 36.9 percent Dec/14 36 24.7 : 44
Credit Rating 55.41 :
Fiscal Expenditure 906623 EUR Thousand Jun/15 686884 226009 : 1284399
Government Revenues 866538 EUR Thousand Jun/15 789452 228388 : 1230009
Business Last Reference Previous Range
Business Confidence -4.9 Jul/15 -6.6 -13 : 0.4
Industrial Production 4.2 percent Jun/15 6.64 -26 : 23.2
Industrial Production Mom -1.6 percent Jun/15 -2.13 -6.4 : 11.2
Manufacturing Production 8.5 percent May/15 10.9 -29.4 : 27.5
Capacity Utilization 71.4 percent Sep/15 72.2 43.7 : 75.3
Car Registrations 3735 Cars Jun/15 3262 1070 : 9388
Changes In Inventories 78.93 EUR Million Mar/15 -0.12 -230 : 486
Competitiveness Index 4.49 Points Dec/15 4.39 4.05 : 4.49
Competitiveness Rank 42 Dec/15 52 42 : 70
Corruption Index 55 Points Dec/14 53 27 : 55
Corruption Rank 43 Dec/14 49 43 : 71
Ease of Doing Business 23 Dec/14 24 21 : 31
Consumer Last Reference Previous Range
Consumer Confidence -7.6 Jul/15 -8.2 -30.8 : -5
Retail Sales MoM 0.8 percent Jun/15 -0.9 -8.9 : 11.3
Retail Sales YoY 6.8 percent Jun/15 4.9 -28.7 : 60.6
Consumer Spending 3164029 EUR THO Mar/15 3367616 1280693 : 3919066
Personal Savings 0.05 percent Jun/15 0.05 0.05 : 1.94
Consumer Credit 447 EUR Million Jun/15 447 162 : 1138
Bank Lending Rate 3.95 percent May/15 3.77 3.72 : 9.99
Gasoline Prices 1.29 USD/Liter Jul/15 1.36 0.41 : 1.86
Housing Last Reference Previous Range
Housing Index 121 Index Points Mar/15 120 98.07 : 135
Home Ownership Rate 80.9 percent Dec/14 81.2 80.9 : 87.2
Taxes Last Reference Previous Range
Corporate Tax Rate 15 percent Dec/15 15 15 : 29
Personal Income Tax Rate 24 percent Dec/14 24 23 : 26
Sales Tax Rate 21 percent Dec/15 21 18 : 22
Social Security Rate 34.09 percent Dec/15 34.18 33.09 : 34.18
Social Security Rate For Companies 23.59 percent Dec/15 23.59 23.59 : 24.09
Social Security Rate For Employees 10.5 percent Dec/15 10.59 9 : 10.59




Economic Indicators for Latvia including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Latvia economy. 8/4/2015