http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/latvia/current-account-to-gdpLatvia reported a Current Account deficit of 1.2 percent of the country's Gross Domestic Product in 2011. Historically, from 1992 until 2010, Latvia Current Account to GDP averaged -6.1400 Percent reaching an all time high of 11.9000 Percent in December of 1993 and a record low of -22.5000 Percent in December of 2006. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Latvia Current Account to GDP. EurostatFri, 25 May 2012 18:37:00 GMThttp://www.tradingeconomics.com/latvia/business-confidenceIn Latvia, business confidence declined to -1.7 in April of 2012 from 0.2 in March of 2012. Historically, from 2010 until 2012, Latvia Business Confidence averaged -5.4800 reaching an all time high of 0.2000 in March of 2012 and a record low of -11.5000 in December of 2010. In Latvia, Industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page includes a chart with historical data for Latvia Business Confidence.Latvijas statistikaThu, 17 May 2012 17:22:00 GMThttp://www.tradingeconomics.com/latvia/unemployment-rateThe unemployment rate in Latvia was last reported at 14.3 percent in the fourth quarter of 2011. Historically, from 2002 until 2011, Latvia Unemployment Rate averaged 11.5200 Percent reaching an all time high of 20.7000 Percent in March of 2010 and a record low of 5.4000 Percent in December of 2007. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Latvia Unemployment Rate.Latvijas statistikaMon, 14 May 2012 17:08:00 GMThttp://www.tradingeconomics.com/latvia/balance-of-tradeLatvia reported a trade deficit equivalent to 150 Millions LVL in March of 2012. Historically, from 2005 until 2012, Latvia Balance of Trade averaged -184.3000 Million LVL reaching an all time high of -54.1000 Million LVL in October of 2009 and a record low of -391.5000 Million LVL in July of 2007. Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page includes a chart with historical data for Latvia Balance of Trade.Latvijas statistikaMon, 14 May 2012 17:07:00 GMThttp://www.tradingeconomics.com/latvia/inflation-cpiThe inflation rate in Latvia was recorded at 2.80 percent in April of 2012. Historically, from 1998 until 2012, Latvia Inflation Rate averaged 4.8200 Percent reaching an all time high of 17.7000 Percent in May of 2008 and a record low of -4.3000 Percent in February of 2010. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Latvia Inflation Rate.Latvijas statistikaMon, 14 May 2012 17:07:00 GMThttp://www.tradingeconomics.com/latvia/importsLatvia imports were worth 696 Millions LVL in March of 2012. Historically, from 2005 until 2012, Latvia Imports averaged 533.1500 Million LVL reaching an all time high of 729.8000 Million LVL in July of 2007 and a record low of 294.6000 Million LVL in January of 2005. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page includes a chart with historical data for Latvia Imports.Latvijas statistikaMon, 14 May 2012 17:06:00 GMThttp://www.tradingeconomics.com/latvia/exportsLatvia exports were worth 546 Millions LVL in March of 2012. Historically, from 2005 until 2012, Latvia Exports averaged 349.3700 Million LVL reaching an all time high of 556.0000 Million LVL in October of 2011 and a record low of 189.0000 Million LVL in January of 2005. Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. This page includes a chart with historical data for Latvia Exports.Latvijas statistikaMon, 14 May 2012 17:04:00 GMThttp://www.tradingeconomics.com/latvia/interest-rateThe benchmark interest rate in Latvia was last reported at 3.50 percent. Historically, from 2009 until 2012, Latvia Interest Rate averaged 3.8500 Percent reaching an all time high of 6.0000 Percent in February of 2009 and a record low of 3.5000 Percent in April of 2011. In Latvia, interest rates decisions are taken by the Bank of Latvia Council (Latvijas Banka). The official interest rate is the Refinancing Rate. This page includes a chart with historical data for Latvia Interest Rate.National Bank of LatviaMon, 14 May 2012 16:11:00 GMThttp://www.tradingeconomics.com/latvia/current-accountLatvia reported a current account surplus equivalent to 46 Million LVL in the fourth quarter of 2011. Historically, from 2000 until 2011, Latvia Current Account averaged -212.4100 Million LVL reaching an all time high of 458.3000 Million LVL in June of 2009 and a record low of -953.5000 Million LVL in September of 2007. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Latvia Current Account.National Bank of LatviaMon, 14 May 2012 16:08:00 GMThttp://www.tradingeconomics.com/latvia/consumer-confidenceIn Latvia, consumer confidence declined to -20.7 in April of 2012 from -18.8 in March of 2012. Historically, from 2010 until 2012, Latvia Consumer Confidence averaged -23.2500 reaching an all time high of -11.3000 in February of 2012 and a record low of -30.8000 in December of 2010. In Latvia, consumer confidence indicator measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Latvia Consumer Confidence.Latvijas statistikaMon, 14 May 2012 16:05:00 GMThttp://www.tradingeconomics.com/latvia/gdp-growthThe Gross Domestic Product (GDP) in Latvia expanded 1.00 percent in the first quarter of 2012 over the previous quarter. Historically, from 1995 until 2012, Latvia GDP Growth Rate averaged 1.1400 Percent reaching an all time high of 4.6000 Percent in June of 1997 and a record low of -12.0000 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Latvia has one of the highest GDP growth rates in Europe, mostly driven by expansion in consumption and credit. The main industries are: synthetic fibers, agricultural machinery, fertilizers, radios, electronics, pharmaceuticals, processed foods, textiles and timber. Recovery in light industry and Riga's emergence as a regional financial and commercial center in the Baltic Sea region along with European Union accession in 2004 may be the key elements in the future expansion. This page includes a chart with historical data for Latvia GDP Growth Rate.Latvijas statistikaThu, 10 May 2012 12:18:00 GMThttp://www.tradingeconomics.com/latvia/gdp-growth-annualThe Gross Domestic Product (GDP) in Latvia expanded 6.80 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 1996 until 2012, Latvia GDP Annual Growth Rate averaged 4.6400 Percent reaching an all time high of 13.9000 Percent in March of 1996 and a record low of -19.1000 Percent in September of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Latvia GDP Annual Growth Rate.Latvijas statistikaThu, 10 May 2012 12:17:00 GMThttp://www.tradingeconomics.com/latvia/industrial-productionIndustrial Production in Latvia increased 8.50 percent in March of 2012. Historically, from 2001 until 2012, Latvia Industrial Production averaged 4.6500 Percent reaching an all time high of 23.2000 Percent in October of 2010 and a record low of -26.0000 Percent in March of 2009. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Latvia Industrial Production.Latvijas statistikaMon, 07 May 2012 16:29:00 GMThttp://www.tradingeconomics.com/latvia/retail-salesRetail Sales in Latvia increased 0.50 percent in March of 2012 over the previous month. Historically, from 2000 until 2012, Latvia Retail Sales averaged 0.4500 Percent reaching an all time high of 9.6000 Percent in January of 2005 and a record low of -8.4000 Percent in January of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Latvia Retail Sales.EurostatFri, 04 May 2012 16:57:00 GMThttp://www.tradingeconomics.com/latvia/retail-sales-annualRetail Sales in Latvia increased 10.00 percent in March of 2012 over the same month in the previous year. Historically, from 1999 until 2012, Latvia Annual Retail Sales averaged 7.3800 Percent reaching an all time high of 60.6000 Percent in January of 1999 and a record low of -29.8000 Percent in September of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Latvia Annual Retail Sales.EurostatFri, 04 May 2012 16:56:00 GMThttp://www.tradingeconomics.com/latvia/government-debt-to-gdpLatvia recorded a Government Debt to GDP of 42.60 percent of the country's Gross Domestic Product in 2011. Historically, from 1999 until 2011, Latvia Government Debt To GDP averaged 19.8200 Percent reaching an all time high of 44.7000 Percent in December of 2010 and a record low of 9.0000 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Latvia Government Debt To GDP.EurostatFri, 04 May 2012 16:04:00 GMThttp://www.tradingeconomics.com/latvia/government-budgetLatvia reported a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2011. Historically, from 1995 until 2011, Latvia Government Budget averaged -2.4100 Percent of GDP reaching an all time high of 1.5000 Percent of GDP in December of 1997 and a record low of -9.8000 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Latvia Government Budget.EurostatFri, 04 May 2012 16:03:00 GMThttp://www.tradingeconomics.com/latvia/gdp-per-capitaThe Gross Domestic Product per capita in Latvia was last reported at 5002.47 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Latvia is equivalent to 40 percent of the world's average. Historically, from 1965 until 2010, Latvia GDP per capita averaged 3284.1200 USD reaching an all time high of 6296.2300 USD in December of 2007 and a record low of 1557.3100 USD in December of 1965. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Latvia GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/latvia/gdp-per-capita-pppThe Gross Domestic Product per capita in Latvia was last reported at 16311.78 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 74 percent of the world's average. Historically, from 1980 until 2010, Latvia GDP per capita PPP averaged 8684.4700 USD reaching an all time high of 18104.6000 USD in December of 2008 and a record low of 4234.7000 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Latvia GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/latvia/population Historically, from 1960 until 2010, Latvia Population averaged 2.4400 Million reaching an all time high of 2.6800 Million in December of 1989 and a record low of 2.1300 Million in December of 1960. The total population in Latvia was last reported at 2.2 million people in 2010 from 2.1 million in 1960, changing 6 percent during the last 50 years. Latvia has 0.03 percent of the world´s total population which means that one person in every 3053 people on the planet is a resident of Latvia. This page includes a chart with historical data for Latvia's Total Population. This page includes a chart with historical data for Latvia Population.the World BankFri, 28 Oct 2011 13:56:00 GMT