Latvia | Economic Indicators

Overview Last Reference
GDP Growth Rate 0.1 % Mar/16
Unemployment Rate 10.3 % Mar/16
Inflation Rate -0.5 % Jun/16
Interest Rate 0 % Jul/16
Balance of Trade -160 EUR Million May/16
Government Debt to GDP 36.4 % Dec/15
Markets Last Reference
Currency 1.1 Jul/16
Stock Market 641 points Jul/16
Government Bond 10y 0.55 % Jul/16
GDP Last Reference
GDP Growth Rate 0.1 % Mar/16
GDP Annual Growth Rate 2.1 % Mar/16
GDP 27.04 USD Billion Dec/15
GDP Constant Prices 4822831 EUR Thousand Mar/16
Gross National Product 5505 EUR Million Mar/16
Gross Fixed Capital Formation 785661 EUR THO Mar/16
GDP per capita 14244 USD Dec/15
GDP per capita PPP 22628 USD Dec/15
Gdp From Agriculture 150764 EUR Thousand Mar/16
Gdp From Construction 145169 EUR Thousand Mar/16
Gdp From Manufacturing 529824 EUR Thousand Mar/16
Gdp From Mining 235940 EUR Thousand Mar/16
Gdp From Public Administration 248611 EUR Thousand Mar/16
Gdp From Services 613596 EUR Thousand Mar/16
Gdp From Transport 524290 EUR Thousand Mar/16
Labour Last Reference
Unemployment Rate 10.3 % Mar/16
Employed Persons 889 Thousand Mar/16
Unemployed Persons 78164 Jun/16
Long Term Unemployment Rate 4.7 % Mar/16
Youth Unemployment Rate 14.2 % May/16
Labour Costs 121 Index Points Mar/16
Job Vacancies 13315 Mar/16
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 -0.1 % Mar/16
Employment Rate 68.2 % Mar/16
Full Time Employment 794 Thousand Dec/15
Labor Force Participation Rate 68.7 % Dec/15
Part Time Employment 76.2 Thousand Dec/15
Productivity 104 Index Points Mar/16
Prices Last Reference
Inflation Rate -0.5 % Jun/16
Inflation Rate Mom 0 % Jun/16
Consumer Price Index CPI 101 Index Points Jun/16
Harmonised Consumer Prices 101 Index Points Jun/16
Core Consumer Prices 127 Index Points Jun/16
Core Inflation Rate 0.7 % Jun/16
GDP Deflator 1.13 % Mar/16
Producer Prices 110 Index Points Jun/16
Producer Prices Change -3.5 % Jun/16
Export Prices 112 Index Points May/16
Import Prices 108 Index Points May/16
Cpi Transportation 98.5 Index Points Jun/16
Food Inflation 0.3 % Jun/16
Money Last Reference
Interest Rate 0 % Jul/16
Interbank Rate 0.17 % Jul/16
Money Supply M0 7251 EUR Million Jun/16
Money Supply M1 9746 EUR Million May/16
Money Supply M2 11778 EUR Million May/16
Banks Balance Sheet 30878 EUR Million Mar/16
Foreign Exchange Reserves 3165 USD Million Jun/16
Central Bank Balance Sheet 12364 EUR Million Mar/16
Loans To Private Sector 5639 EUR Million May/16
Trade Last Reference
Balance of Trade -160 EUR Million May/16
Exports 841 EUR Million May/16
Imports 1002 EUR Million May/16
Current Account 21.58 EUR Million May/16
Current Account to GDP -1.9 % Dec/15
External Debt 35148 EUR Million Mar/16
Capital Flows 174840 EUR THO Mar/16
Gold Reserves 6.62 Tonnes Mar/16
Foreign Direct Investment 46.89 EUR Million Apr/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 -2423 EUR Million Jun/16
Government Spending 836136 EUR Million Mar/16
Government Spending to GDP 37.2 % Dec/15
Government Revenues 817182 EUR Thousand Jun/16
Government Debt 9412 EUR Million Mar/16
Fiscal Expenditure 819605 EUR Thousand Jun/16
Asylum Applications 5 persons May/16
Credit Rating 69.35
Military Expenditure 340 USD Million Dec/15
Business Last Reference
Business Confidence -2 Jun/16
Industrial Production 5.1 % May/16
Industrial Production Mom 2.4 % May/16
Manufacturing Production 3.7 % Mar/16
Capacity Utilization 73 % Jun/16
Car Registrations 3939 Cars Mar/16
Changes In Inventories 193174 EUR Million Mar/16
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 535 Gigawatt-hour May/16
Mining Production -4.9 % Mar/16
Consumer Last Reference
Consumer Confidence -7.6 Jun/16
Retail Sales MoM 0.9 % May/16
Retail Sales YoY 3.4 % May/16
Consumer Spending 3207416 EUR THO Mar/16
Personal Savings -0.78 % Dec/14
Consumer Credit 472 EUR Million May/16
Bank Lending Rate 3.99 % Mar/16
Economic Optimism Index 105 Jun/16
Gasoline Prices 1.21 USD/Liter Jun/16
Households Debt To Income 43.47 % Dec/14
Housing Last Reference
Housing Index 129 Index Points Mar/16
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. 7/25/2016