Latvia | Economic Indicators


Markets Last Reference Previous Range
Currency 0.62 Jun/15 0.61 0.43 : 0.84
Government Bond 10y 1.34 percent Jul/15 1.34 0.54 : 17
Stock Market 438 Index points Jul/15 439 104 : 764
GDP Last Reference Previous Range
GDP 30.96 USD Billion Dec/13 28.37 4.5 : 33.67
GDP Growth Rate 0.3 percent Mar/15 0.5 -12 : 4.6
GDP Annual Growth Rate 1.9 percent Mar/15 2.1 -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 8863 USD Dec/13 8426 2153 : 8999
Gross Fixed Capital Formation 1045 EUR THO Mar/15 1625 95.86 : 2403
GDP per capita PPP 21825 USD Dec/13 20747 7796 : 123250
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 80567 May/15 82833 36690 : 194253
Job Vacancies 3937 Mar/15 3303 1643 : 15204
Long Term Unemployment Rate 4.7 percent Dec/14 4.5 1.2 : 10.1
Youth Unemployment Rate 15.7 percent Mar/15 15.7 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 2 Million Dec/14 2.02 2 : 2.68
Retirement Age Women 62.5 Jan/15 62 59.5 : 62.5
Retirement Age Men 62.5 Jan/15 62 62 : 62.5
Minimum Wages 360 EUR/Month Jun/15 320 75.18 : 360
Prices Last Reference Previous Range
Inflation Rate 1.2 percent May/15 0.5 -4.3 : 17.7
Inflation Rate Mom 0.6 percent May/15 0.6 -1.1 : 3.5
Consumer Price Index CPI 109 Index Points May/15 108 22.6 : 109
Harmonised Consumer Prices 151 Index Points May/15 149 65.9 : 151
GDP Deflator 1.14 percent Mar/15 1.12 0.01 : 1.16
Producer Prices 113 Index Points May/15 113 69.1 : 114
Producer Prices Change -0.1 percent May/15 -0.7 -9.32 : 17.72
Export Prices 118 Index Points Apr/15 116 43.7 : 119
Import Prices 117 Index Points Apr/15 120 52.4 : 121
Core Consumer Prices 126 Index Points May/15 125 62.7 : 128
Core Inflation Rate 2.1 percent May/15 1.7 -5.2 : 14.3
Food Inflation -0.5 percent May/15 -2 -8.6 : 22.5
Money Last Reference Previous Range
Interest Rate 0.05 percent Jun/15 0.05 0.05 : 4.75
Interbank Rate 0 percent Apr/15 0 -0.02 : 53.6
Money Supply M0 6573 EUR Million May/15 6491 154 : 6573
Money Supply M1 8462 EUR Million Apr/15 8424 2105 : 8462
Money Supply M2 10635 EUR Million Apr/15 10563 2881 : 10635
Foreign Exchange Reserves 3053 USD Million May/15 2907 308 : 6080
Banks Balance Sheet 31253 EUR Million Apr/15 31239 27361 : 31253
Central Bank Balance Sheet 9527 EUR Million May/15 9222 1528 : 9527
Trade Last Reference Previous Range
Balance of Trade -158 EUR Million Apr/15 -192 -557 : 40.1
Exports 904 EUR Million Apr/15 865 53.1 : 1058
Imports 1062 EUR Million Apr/15 1057 52.5 : 1227
Current Account -16 EUR Million Apr/15 -46 -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 70.75 EUR Million Apr/15 11.51 -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 103 EUR Million May/15 120 -516 : 290
Government Spending 818295 EUR Million Mar/15 1055384 604252 : 1173444
Government Spending to GDP 36.1 percent Dec/13 36.5 24.7 : 43.6
Credit Rating 55.41 :
Business Last Reference Previous Range
Business Confidence -6.6 Jun/15 -3.6 -13 : 0.4
Industrial Production 10.2 percent Apr/15 8.7 -26 : 23.2
Industrial Production Mom 1.79 percent Apr/15 11.2 -6.4 : 11.2
Manufacturing Production 10.9 percent Apr/15 7.6 -29.4 : 27.5
Capacity Utilization 72.2 percent Jun/15 71.3 43.7 : 75.3
Car Registrations 3262 Cars Mar/15 3400 1070 : 9388
Changes In Inventories 78.93 EUR Million Mar/15 -0.12 -230 : 486
Competitiveness Index 4.49 Points Jun/15 4.39 4.05 : 4.49
Competitiveness Rank 42 Jun/15 52 42 : 70
Corruption Index 55 Points Jun/14 53 27 : 55
Corruption Rank 43 Jun/14 49 43 : 71
Ease of Doing Business 23 Dec/14 24 21 : 31
Consumer Last Reference Previous Range
Consumer Confidence -8.2 Jun/15 -5.6 -30.8 : -5
Retail Sales MoM -0.9 percent May/15 0.1 -8.9 : 11.3
Retail Sales YoY 4.9 percent May/15 4 -28.7 : 60.6
Consumer Spending 3164029 EUR THO Mar/15 3367616 1280693 : 3919066
Personal Savings 0.05 percent Apr/15 0.05 0.05 : 1.94
Consumer Credit 443 EUR Million Apr/15 440 162 : 1138
Bank Lending Rate 3.77 percent Apr/15 4.24 3.72 : 9.99
Gasoline Prices 1.36 USD/Liter Jun/15 1.28 0.41 : 1.86
Housing Last Reference Previous Range
Housing Index 122 Index Points Dec/14 135 98.07 : 135
Home Ownership Rate 80.9 percent Jun/14 81.2 80.9 : 87.2
Taxes Last Reference Previous Range
Corporate Tax Rate 15 percent Jan/15 15 15 : 29
Personal Income Tax Rate 24 percent Jan/14 24 23 : 26
Sales Tax Rate 21 percent Jan/15 21 18 : 22
Social Security Rate 34.09 percent Jan/15 34.18 33.09 : 34.18
Social Security Rate For Companies 23.59 percent Jan/15 23.59 23.59 : 24.09
Social Security Rate For Employees 10.5 percent Jan/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. 7/3/2015