Latvia | Economic Indicators

Overview Last Reference
GDP Growth Rate -0.01 % Dec/15
Unemployment Rate 9.7 % Sep/15
Inflation Rate 0.3 % Dec/15
Interest Rate 0.05 % Jan/16
Balance of Trade -156 EUR Million Dec/15
Government Debt to GDP 36.7 % Dec/15
Markets Last Reference
Currency 1.12 Feb/16
Stock Market 619 points Feb/16
Government Bond 10y 0.95 % Feb/16
GDP Last Reference
GDP Growth Rate -0.01 % Dec/15
GDP Annual Growth Rate 3 % Dec/15
GDP 31.29 USD Billion Dec/14
GDP Constant Prices 5604999 EUR THO Sep/15
Gross National Product 6442 EUR Million Sep/15
Gross Fixed Capital Formation 1662 EUR THO Sep/15
GDP per capita 9974 USD Dec/14
GDP per capita PPP 22460 USD Dec/14
Labour Last Reference
Unemployment Rate 9.7 % Sep/15
Employed Persons 902 Thousand Sep/15
Unemployed Persons 81780 Dec/15
Long Term Unemployment Rate 4.9 % Sep/15
Youth Unemployment Rate 18.2 % Dec/15
Labour Costs 118 Index Points Sep/15
Job Vacancies 3803 Sep/15
Wages 599 EUR/Month Sep/15
Minimum Wages 370 EUR/Month Jan/16
Population 1.99 Million Dec/14
Retirement Age Women 62.5 Dec/15
Retirement Age Men 62.5 Dec/15
Employment Change 0.2 % Sep/15
Employment Rate 68.6 % Sep/15
Full Time Employment 806 Thousand Sep/15
Labor Force Participation Rate 68 % Sep/15
Part Time Employment 66.3 Thousand Sep/15
Productivity 120 Index Points Sep/15
Prices Last Reference
Inflation Rate 0.3 % Dec/15
Inflation Rate Mom -0.3 % Dec/15
Consumer Price Index CPI 107 Index Points Dec/15
Harmonised Consumer Prices 147 Index Points Dec/15
Core Consumer Prices 124 Index Points Dec/15
Core Inflation Rate 1.2 % Dec/15
GDP Deflator 1.15 % Sep/15
Producer Prices 112 Index Points Dec/15
Producer Prices Change -1.6 % Dec/15
Export Prices 115 Index Points Nov/15
Import Prices 113 Index Points Nov/15
Food Inflation -0.8 % Dec/15
Money Last Reference
Interest Rate 0.05 % Jan/16
Interbank Rate 0.17 % Feb/16
Money Supply M0 8965 EUR Million Dec/15
Money Supply M1 9457 EUR Million Dec/15
Money Supply M2 11507 EUR Million Dec/15
Banks Balance Sheet 31933 EUR Million Dec/15
Foreign Exchange Reserves 3294 USD Million Jan/16
Central Bank Balance Sheet 11122 EUR Million Dec/15
Loans To Private Sector 5551 EUR Million Dec/15
Trade Last Reference
Balance of Trade -156 EUR Million Dec/15
Exports 817 EUR Million Dec/15
Imports 972 EUR Million Dec/15
Current Account 24.93 EUR Million Nov/15
Current Account to GDP -1.9 % Dec/15
External Debt 34970 EUR Million Sep/15
Capital Flows 4970 EUR THO Sep/15
Gold Reserves 6.62 Tonnes Sep/15
Foreign Direct Investment 120 EUR Million Nov/15
Terrorism Index 0 Dec/14
Government Last Reference
Government Debt to GDP 36.7 % Dec/15
Government Budget -1.3 % of GDP Dec/15
Government Budget Value -473651 EUR Million Dec/15
Government Spending 858830 EUR Million Sep/15
Government Spending to GDP 36.9 % Dec/14
Government Revenues 791223 EUR Thousand Dec/15
Government Debt 8825 EUR Million Sep/15
Fiscal Expenditure 1264874 EUR Thousand Dec/15
Asylum Applications 10 persons Nov/15
Credit Rating 68.65
Business Last Reference
Business Confidence -8 Jan/16
Industrial Production 2.6 % Dec/15
Industrial Production Mom -1.25 % Dec/15
Manufacturing Production 3.8 % Nov/15
Capacity Utilization 72.3 % Mar/16
Car Registrations 3614 Cars Dec/15
Changes In Inventories -106 EUR Million Sep/15
Competitiveness Index 4.45 Points Dec/16
Competitiveness Rank 44 Dec/16
Corruption Index 55 Points Dec/15
Corruption Rank 40 Dec/15
Ease of Doing Business 22 Dec/15
Mining Production 0.1 % Dec/15
Consumer Last Reference
Consumer Confidence -6.7 Jan/16
Retail Sales MoM 0.8 % Dec/15
Retail Sales YoY 2 % Dec/15
Consumer Spending 3603624 EUR THO Sep/15
Personal Savings -0.78 % Dec/14
Consumer Credit 453 EUR Million Dec/15
Bank Lending Rate 4.56 % Nov/15
Gasoline Prices 1.1 USD/Liter Jan/16
Households Debt To Income 43.47 % Dec/14
Housing Last Reference
Housing Index 125 Index Points Sep/15
Home Ownership Rate 80.9 % Dec/14
Taxes Last Reference
Corporate Tax Rate 15 % Dec/15
Personal Income Tax Rate 24 % Dec/14
Sales Tax Rate 21 % Dec/15
Social Security Rate 34.09 % Dec/15
Social Security Rate For Companies 23.59 % Dec/15
Social Security Rate For Employees 10.5 % Dec/15




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. 2/10/2016