Latvia | Economic Indicators

Overview Last Reference
GDP Growth Rate 0.8 % Dec/16
Unemployment Rate 9.5 % Sep/16
Inflation Rate 2.9 % Jan/17
Interest Rate 0 % Jan/17
Balance of Trade -240 EUR Million Dec/16
Government Debt to GDP 36.4 % Dec/15
Markets Last Reference
Currency 1.06 Feb/17
Stock Market 748 points Feb/17
Government Bond 10y 0.55 % Feb/17
GDP Last Reference
GDP Growth Rate 0.8 % Dec/16
GDP Annual Growth Rate 2.1 % Dec/16
GDP 27 USD Billion Dec/15
GDP Constant Prices 5612642 EUR Thousand Sep/16
Gross National Product 6406 EUR Million Sep/16
Gross Fixed Capital Formation 1189740 EUR Thousand Sep/16
GDP per capita 14321 USD Dec/15
GDP per capita PPP 22759 USD Dec/15
Gdp From Agriculture 249821 EUR Thousand Sep/16
Gdp From Construction 323698 EUR Thousand Sep/16
Gdp From Manufacturing 675139 EUR Thousand Sep/16
Gdp From Mining 156310 EUR Thousand Sep/16
Gdp From Public Administration 308534 EUR Thousand Sep/16
Gdp From Services 846529 EUR Thousand Sep/16
Gdp From Transport 553694 EUR Thousand Sep/16
Labour Last Reference
Unemployment Rate 9.5 % Sep/16
Employed Persons 895 Thousand Sep/16
Unemployed Persons 80016 Jan/17
Long Term Unemployment Rate 4 % Sep/16
Youth Unemployment Rate 18.3 % Dec/16
Labour Costs 125 Index Points Sep/16
Job Vacancies 13747 Sep/16
Wages 615 EUR/Month Sep/16
Minimum Wages 380 EUR/Month Jun/17
Population 1.97 Million Dec/16
Retirement Age Women 62.5 Dec/15
Retirement Age Men 62.5 Dec/15
Employment Change -1.5 % Sep/16
Employment Rate 61.8 % Sep/16
Full Time Employment 789 Thousand Sep/16
Labor Force Participation Rate 68.4 % Sep/16
Part Time Employment 73 Thousand Sep/16
Productivity 123 Index Points Sep/16
Prices Last Reference
Inflation Rate 2.9 % Jan/17
Inflation Rate Mom 0.1 % Jan/17
Consumer Price Index CPI 102 Index Points Jan/17
Harmonised Consumer Prices 101 Index Points Jan/17
Core Consumer Prices 102 Index Points Dec/16
Core Inflation Rate 1.8 % Dec/16
GDP Deflator 1.15 % Sep/16
Producer Prices 111 Index Points Dec/16
Producer Prices Change -0.8 % Dec/16
Export Prices 115 Index Points Dec/16
Import Prices 112 Index Points Dec/16
Cpi Transportation 101 Index Points Jan/17
Food Inflation 5 % Dec/16
Money Last Reference
Interest Rate 0 % Jan/17
Interbank Rate 0.17 % Feb/17
Money Supply M0 8110 EUR Million Jan/17
Money Supply M1 10158 EUR Million Dec/16
Money Supply M2 12308 EUR Million Dec/16
Banks Balance Sheet 29428 EUR Million Dec/16
Foreign Exchange Reserves 3306 USD Million Jan/17
Central Bank Balance Sheet 14772 EUR Million Dec/16
Loans To Private Sector 5693 EUR Million Dec/16
Trade Last Reference
Balance of Trade -240 EUR Million Dec/16
Exports 884 EUR Million Dec/16
Imports 1125 EUR Million Dec/16
Current Account 99.1 EUR Million Dec/16
Current Account to GDP -1.9 % Dec/15
External Debt 36866 EUR Million Sep/16
Capital Flows 48130 EUR THO Sep/16
Gold Reserves 6.62 Tonnes Sep/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 121820 EUR Million Jan/17
Government Spending 849361 EUR Thousand Sep/16
Government Spending to GDP 37.2 % Dec/15
Government Revenues 844082 EUR Thousand Jan/17
Government Debt 9350 EUR Million Sep/16
Fiscal Expenditure 722262 EUR Thousand Jan/17
Asylum Applications 60 persons Nov/16
Credit Rating 69.35
Military Expenditure 340 USD Million Dec/15
Business Last Reference
Business Confidence -4 Jan/17
Industrial Production 11.5 % Dec/16
Industrial Production Mom 0.2 % Dec/16
Manufacturing Production 11.7 % Dec/16
Capacity Utilization 74.5 % Mar/17
Car Registrations 3849 Cars Dec/16
Changes In Inventories -18114 EUR Thousand Sep/16
Competitiveness Index 4.45 Points Dec/17
Competitiveness Rank 49 Dec/17
Corruption Index 55 Points Dec/15
Corruption Rank 44 Dec/16
Ease of Doing Business 14 Dec/16
Electricity Production 748 Gigawatt-hour Dec/16
Mining Production 16.8 % Dec/16
Consumer Last Reference
Consumer Confidence -16.8 Jan/17
Retail Sales MoM -1.3 % Dec/16
Retail Sales YoY 2 % Dec/16
Consumer Spending 3685112 EUR Thousand Sep/16
Personal Savings -2.19 % Dec/15
Consumer Credit 487 EUR Million Dec/16
Bank Lending Rate 4.05 % Nov/16
Economic Optimism Index 104 Jan/17
Gasoline Prices 1.25 USD/Liter Jan/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. 2/19/2017