Latvia | Economic Indicators

Overview Last Reference
GDP Growth Rate -0.1 % Mar/16
Unemployment Rate 9.8 % Dec/15
Inflation Rate -0.8 % Apr/16
Interest Rate 0 % Apr/16
Balance of Trade -192 EUR Million Mar/16
Government Debt to GDP 36.4 % Dec/15
Markets Last Reference
Currency 1.11 May/16
Stock Market 644 points May/16
Government Bond 10y 0.65 % May/16
GDP Last Reference
GDP Growth Rate -0.1 % Mar/16
GDP Annual Growth Rate 1.8 % Mar/16
GDP 31.29 USD Billion Dec/14
GDP Constant Prices 5756483 EUR Thousand Dec/15
Gross National Product 6475 EUR Million Dec/15
Gross Fixed Capital Formation 1634 EUR THO Dec/15
GDP per capita 9974 USD Dec/14
GDP per capita PPP 22460 USD Dec/14
Gdp From Agriculture 156625 EUR Thousand Dec/15
Gdp From Construction 361877 EUR Thousand Dec/15
Gdp From Manufacturing 608087 EUR Thousand Dec/15
Gdp From Mining 223099 EUR Thousand Dec/15
Gdp From Public Administration 435676 EUR Thousand Dec/15
Gdp From Services 750541 EUR Thousand Dec/15
Gdp From Transport 555514 EUR Thousand Dec/15
Labour Last Reference
Unemployment Rate 9.8 % Dec/15
Employed Persons 889 Thousand Mar/16
Unemployed Persons 82268 Apr/16
Long Term Unemployment Rate 4.4 % Dec/15
Youth Unemployment Rate 16.5 % Mar/16
Labour Costs 122 Index Points Dec/15
Job Vacancies 9903 Dec/15
Wages 631 EUR/Month Mar/16
Minimum Wages 370 EUR/Month Jun/16
Population 1.99 Million Dec/15
Retirement Age Women 62.5 Dec/15
Retirement Age Men 62.5 Dec/15
Employment Change 0.4 % Dec/15
Employment Rate 68.7 % Dec/15
Full Time Employment 794 Thousand Dec/15
Labor Force Participation Rate 68.7 % Dec/15
Part Time Employment 76.2 Thousand Dec/15
Productivity 124 Index Points Dec/15
Prices Last Reference
Inflation Rate -0.8 % Apr/16
Inflation Rate Mom 0.4 % Apr/16
Consumer Price Index CPI 100 Index Points Apr/16
Harmonised Consumer Prices 99.91 Index Points Apr/16
Core Consumer Prices 126 Index Points Apr/16
Core Inflation Rate 0.8 % Apr/16
GDP Deflator 1.12 % Dec/15
Producer Prices 110 Index Points Apr/16
Producer Prices Change -3.1 % Apr/16
Export Prices 111 Index Points Mar/16
Import Prices 107 Index Points Mar/16
Cpi Transportation 95.7 Index Points Apr/16
Food Inflation 0.1 % Apr/16
Money Last Reference
Interest Rate 0 % Apr/16
Interbank Rate 0.17 % May/16
Money Supply M0 7924 EUR Million Apr/16
Money Supply M1 9497 EUR Million Mar/16
Money Supply M2 11608 EUR Million Mar/16
Banks Balance Sheet 30878 EUR Million Mar/16
Foreign Exchange Reserves 3136 USD Million Apr/16
Central Bank Balance Sheet 12364 EUR Million Mar/16
Loans To Private Sector 5438 EUR Million Mar/16
Trade Last Reference
Balance of Trade -192 EUR Million Mar/16
Exports 834 EUR Million Mar/16
Imports 1026 EUR Million Mar/16
Current Account -174 EUR Million Mar/16
Current Account to GDP -1.9 % Dec/15
External Debt 33568 EUR Million Dec/15
Capital Flows 44060 EUR THO Dec/15
Gold Reserves 6.62 Tonnes Dec/15
Foreign Direct Investment 70.7 EUR Million Feb/16
Terrorism Index 0 Dec/14
Government Last Reference
Government Debt to GDP 36.4 % Dec/15
Government Budget -1.3 % of GDP Dec/15
Government Budget Value -9189 EUR Million Apr/16
Government Spending 1076434 EUR Million Dec/15
Government Spending to GDP 37.2 % Dec/15
Government Revenues 824955 EUR Thousand Apr/16
Government Debt 8872 EUR Million Dec/15
Fiscal Expenditure 834145 EUR Thousand Apr/16
Asylum Applications 10 persons Mar/16
Credit Rating 69.35
Business Last Reference
Business Confidence -2.3 May/16
Industrial Production 2.7 % Mar/16
Industrial Production Mom 4.3 % Mar/16
Manufacturing Production 3.7 % Mar/16
Capacity Utilization 73 % Jun/16
Car Registrations 3939 Cars Mar/16
Changes In Inventories -161 EUR Million Dec/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
Electricity Production 592 Gigawatt-hour Mar/16
Mining Production -4.9 % Mar/16
Consumer Last Reference
Consumer Confidence -8.5 Apr/16
Retail Sales MoM 0.3 % Apr/16
Retail Sales YoY 1.8 % Apr/16
Consumer Spending 3361438 EUR THO Dec/15
Personal Savings -0.78 % Dec/14
Consumer Credit 463 EUR Million Mar/16
Bank Lending Rate 3.99 % Mar/16
Gasoline Prices 1.2 USD/Liter May/16
Households Debt To Income 43.47 % Dec/14
Housing Last Reference
Housing Index 128 Index Points Dec/15
Home Ownership Rate 80.9 % Dec/14
Taxes Last Reference
Corporate Tax Rate 15 % Dec/15
Personal Income Tax Rate 23 % Dec/15
Sales Tax Rate 21 % Dec/16
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. 5/31/2016