GDP per capita in Latvia

Latvia GDP per capita (USD) | Economic News & Forecasts

Latvia - GDP per capita (U.S. Dollars)

Growth picks up in the fourth quarter

According to a flash estimate released by the Statistical Institute on 30 January, the economy expanded 5.0% in year-on-year terms in the fourth quarter of 2018, up slightly from the third quarter’s sturdy 4.8% increase. The booming construction sector spearheaded the expansion.

In seasonally-adjusted quarter-on-quarter terms, growth decelerated somewhat in the fourth quarter, clocking in at 1.1% compared to 1.8% in the third quarter.


Latvia GDP Forecast


The Central Bank forecasts growth of 3.5% in 2019 and 3.1% in 2020. Met the why particular panelists expect GDP to increase 3.5% in 2019, which is up 0.1 percentage points from last month’s forecast, and 3.2% in 2020.

Latvia - GDP per capita (USD) Data

2013  2014  2015  2016  2017  
GDP per capita (USD)14,902  15,688  13,663  14,032  15,572  

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Latvia Facts

ValueChangeDate
Bond Yield0.550.0 %Jun 30
Exchange Rate1.130.65 %Feb 14
Stock Market9810.17 %Feb 14

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