GDP from Services in Latvia increased to 1403970 EUR Thousand in the second quarter of 2025 from 1259363 EUR Thousand in the first quarter of 2025. GDP from Services in Latvia averaged 780024.99 EUR Thousand from 1995 until 2025, reaching an all time high of 1543239.00 EUR Thousand in the third quarter of 2024 and a record low of 211806.00 EUR Thousand in the first quarter of 1996. source: Central Statistical Bureau of Latvia

GDP from Services in Latvia is expected to be 1589536.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP From Trade Repair of Motor Vehicles and Motorcycles is projected to trend around 1608388.00 EUR Thousand in 2026 and 1653423.00 EUR Thousand in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP 43.52 42.57 USD Billion Dec 2024
GDP Growth Rate YoY 1.70 -0.30 percent Jun 2025
GDP Constant Prices 8179255.00 7679622.00 EUR Thousand Jun 2025
GDP from Agriculture 251725.00 196150.00 EUR Thousand Jun 2025
GDP from Construction 406739.00 267103.00 EUR Thousand Jun 2025
GDP from Manufacturing 819891.00 808241.00 EUR Thousand Jun 2025
GDP from Mining 198255.00 291424.00 EUR Thousand Jun 2025
GDP from Public Administration 623569.00 545979.00 EUR Thousand Jun 2025
GDP from Services 1403970.00 1259363.00 EUR Thousand Jun 2025
GDP from Transport 409226.00 370389.00 EUR Thousand Jun 2025
GDP Growth Rate 0.40 0.10 percent Jun 2025
Gross Fixed Capital Formation 1926068.00 1515995.00 EUR Thousand Jun 2025
Gross National Product 10334.00 8964.00 EUR Million Jun 2025



Latvia GDP From Trade Repair of Motor Vehicles and Motorcycles
Actual Previous Highest Lowest Dates Unit Frequency
1403970.00 1259363.00 1543239.00 211806.00 1995 - 2025 EUR Thousand Quarterly
Constant Prices 2020, WDA