Latvia | Economic Indicators

Overview Last Reference
GDP Growth Rate 1.1 % Dec/16
Unemployment Rate 9.3 % Dec/16
Inflation Rate 3.3 % Feb/17
Interest Rate 0 % Mar/17
Balance of Trade -175 EUR Million Jan/17
Government Debt to GDP 36.4 % Dec/15
Markets Last Reference
Currency 1.08 Mar/17
Stock Market 771 points Mar/17
Government Bond 10y 0.55 % Mar/17
GDP Last Reference
GDP Growth Rate 1.1 % Dec/16
GDP Annual Growth Rate 2.6 % Dec/16
GDP 27 USD Billion Dec/15
GDP Constant Prices 5880383 EUR Thousand Dec/16
Gross National Product 6789 EUR Million Dec/16
Gross Fixed Capital Formation 1484883 EUR Thousand Dec/16
GDP per capita 14321 USD Dec/15
GDP per capita PPP 22759 USD Dec/15
Gdp From Agriculture 158566 EUR Thousand Dec/16
Gdp From Construction 310614 EUR Thousand Dec/16
Gdp From Manufacturing 678026 EUR Thousand Dec/16
Gdp From Mining 238206 EUR Thousand Dec/16
Gdp From Public Administration 448097 EUR Thousand Dec/16
Gdp From Services 767415 EUR Thousand Dec/16
Gdp From Transport 541525 EUR Thousand Dec/16
Labour Last Reference
Unemployment Rate 9.3 % Dec/16
Employed Persons 890 Thousand Dec/16
Unemployed Persons 79152 Feb/17
Long Term Unemployment Rate 4 % Sep/16
Youth Unemployment Rate 19 % Jan/17
Labour Costs 125 Index Points Sep/16
Job Vacancies 14142 Dec/16
Wages 703 EUR/Month Dec/16
Minimum Wages 380 EUR/Month Jun/17
Population 1.97 Million Dec/16
Retirement Age Women 62.8 Dec/17
Retirement Age Men 62.8 Dec/17
Employment Change -1.5 % Sep/16
Employment Rate 61.7 % Dec/16
Full Time Employment 774 Thousand Dec/16
Labor Force Participation Rate 68 % Dec/16
Part Time Employment 82.2 Thousand Dec/16
Productivity 126 Index Points Dec/16
Prices Last Reference
Inflation Rate 3.3 % Feb/17
Inflation Rate Mom 0.4 % Feb/17
Consumer Price Index CPI 102 Index Points Feb/17
Harmonised Consumer Prices 102 Index Points Feb/17
Core Consumer Prices 101 Index Points Jan/17
Core Inflation Rate 1.5 % Feb/17
GDP Deflator 1.15 % Dec/16
Producer Prices 112 Index Points Feb/17
Producer Prices Change 1.3 % Feb/17
Export Prices 116 Index Points Jan/17
Import Prices 113 Index Points Jan/17
Cpi Transportation 101 Index Points Feb/17
Food Inflation 6.8 % Jan/17
Money Last Reference
Interest Rate 0 % Mar/17
Interbank Rate 0.17 % Mar/17
Money Supply M0 8201 EUR Million Feb/17
Money Supply M1 9938 EUR Million Jan/17
Money Supply M2 12048 EUR Million Jan/17
Banks Balance Sheet 29428 EUR Million Jan/17
Foreign Exchange Reserves 3420 USD Million Feb/17
Central Bank Balance Sheet 14857 EUR Million Jan/17
Loans To Private Sector 5707 EUR Million Jan/17
Trade Last Reference
Balance of Trade -175 EUR Million Jan/17
Exports 809 EUR Million Jan/17
Imports 984 EUR Million Jan/17
Current Account 114 EUR Million Jan/17
Current Account to GDP -1.9 % Dec/15
External Debt 36853 EUR Million Dec/16
Capital Flows 277700 EUR THO Dec/16
Gold Reserves 6.62 Tonnes Dec/16
Foreign Direct Investment 36.11 EUR Million Dec/16
Terrorism Index 0 Dec/15
Government Last Reference
Government Debt to GDP 36.4 % Dec/15
Government Budget -1.3 % of GDP Dec/15
Government Budget Value 10956 EUR Million Feb/17
Government Spending 1098621 EUR Thousand Dec/16
Government Spending to GDP 37.2 % Dec/15
Government Revenues 833586 EUR Thousand Feb/17
Government Debt 9350 EUR Million Sep/16
Fiscal Expenditure 822631 EUR Thousand Feb/17
Asylum Applications 60 persons Nov/16
Credit Rating 69.35
Military Expenditure 340 USD Million Dec/15
Business Last Reference
Business Confidence 0.3 Feb/17
Industrial Production 4.7 % Jan/17
Industrial Production Mom -2.8 % Jan/17
Manufacturing Production 7.8 % Jan/17
Capacity Utilization 74.5 % Mar/17
Car Registrations 3849 Cars Dec/16
Changes In Inventories 12766 EUR Thousand Dec/16
Competitiveness Index 4.45 Points Dec/17
Competitiveness Rank 49 Dec/17
Corruption Index 57 Points Dec/16
Corruption Rank 44 Dec/16
Ease of Doing Business 14 Dec/16
Electricity Production 762 Gigawatt-hour Jan/17
Mining Production 18.8 % Jan/17
Consumer Last Reference
Consumer Confidence -16.4 Feb/17
Retail Sales MoM 2.4 % Jan/17
Retail Sales YoY 3.7 % Jan/17
Consumer Spending 3418893 EUR Thousand Dec/16
Personal Savings -2.19 % Dec/15
Consumer Credit 494 EUR Million Jan/17
Bank Lending Rate 4.05 % Nov/16
Economic Optimism Index 105 Feb/17
Gasoline Prices 1.23 USD/Liter Feb/17
Households Debt To Income 40.96 % Dec/15
Housing Last Reference
Housing Index 139 Index Points Sep/16
Home Ownership Rate 80.2 % Dec/15
Taxes Last Reference
Corporate Tax Rate 15 % Dec/16
Personal Income Tax Rate 23 % Dec/16
Sales Tax Rate 21 % Dec/16
Social Security Rate 34.09 % Dec/16
Social Security Rate For Companies 23.59 % Dec/16
Social Security Rate For Employees 10.5 % Dec/16




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. 3/26/2017