Import Prices in Latvia decreased to 95.90 points in February from 96.20 points in January of 2020. Import Prices in Latvia averaged 90.99 points from 1998 until 2020, reaching an all time high of 104.30 points in October of 2012 and a record low of 52.40 points in May of 1999. In Latvia, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides - Latvia Import Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Latvia decreased to 103.70 points in February from 103.80 points in January of 2020. Export Prices in Latvia averaged 88.30 points from 1994 until 2020, reaching an all time high of 107.90 points in August of 2008 and a record low of 43.70 points in February of 1994. In Latvia, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides - Latvia Export Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Latvia increased 2 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Latvia averaged 3.12 percent from 1997 until 2020, reaching an all time high of 14.30 percent in January of 1997 and a record low of -5.20 percent in March of 2010. This page provides - Latvia Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment in Latvia increased by 0.30 in December of 2019. Employment Change in Latvia averaged -0.02 percent from 1995 until 2019, reaching an all time high of 3.50 percent in the first quarter of 1997 and a record low of -6.70 percent in the third quarter of 2009. In Latvia, employment change refers to the quarterly change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides - Latvia Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Latvia recorded a government debt equivalent to 36.90 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Latvia averaged 24.83 percent from 1995 until 2019, reaching an all time high of 48.10 percent in 2010 and a record low of 8.50 percent in 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 provides - Latvia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Producer Prices in Latvia decreased 1.70 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Latvia averaged 4.19 percent from 2005 until 2020, reaching an all time high of 17.70 percent in April of 2007 and a record low of -9.30 percent in August of 2009. Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides - Latvia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Latvia recorded a Government Budget deficit equal to 0.20 percent of the country's Gross Domestic Product in 2019. Government Budget in Latvia averaged -1.98 percent of GDP from 1995 until 2019, reaching an all time high of 1.40 percent of GDP in 1997 and a record low of -9.60 percent of GDP in 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 provides - Latvia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Latvia contracted 1.40 percent in the first quarter of 2020 over the same quarter of the previous year. GDP Annual Growth Rate in Latvia averaged 4.01 percent from 1996 until 2020, reaching an all time high of 15.10 percent in the first quarter of 2007 and a record low of -15.60 percent in the third quarter of 2009. In Latvia, household consumption is the main component of GDP and accounts for 61 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 59 percent while imports account for 62 percent, subtracting 3 percent of total GDP. This page provides - Latvia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Latvia decreased to 69.10 percent in the second quarter of 2020 from 74.70 percent in the first quarter of 2020. Capacity Utilization in Latvia averaged 65.12 percent from 1993 until 2020, reaching an all time high of 77.40 percent in the third quarter of 2018 and a record low of 43.70 percent in the second quarter of 1993. This page provides - Latvia Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in Latvia decreased to 3884 in the first quarter of 2020 from 4247 in the fourth quarter of 2019. Car Registrations in Latvia averaged 3406.57 from 1999 until 2020, reaching an all time high of 9388 in the second quarter of 2007 and a record low of 1070 in the fourth quarter of 2009. This page provides - Latvia Car Registrations - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Latvia increased to 15930.20 EUR Million in March from 15628.50 EUR Million in February of 2020. Money Supply M2 in Latvia averaged 9261.47 EUR Million from 2003 until 2020, reaching an all time high of 15930.20 EUR Million in March of 2020 and a record low of 2881.20 EUR Million in July of 2003. Latvia Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Latvia Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Latvia increased to 13380.40 EUR Million in March from 12993.20 EUR Million in February of 2020. Money Supply M1 in Latvia averaged 6819.23 EUR Million from 2003 until 2020, reaching an all time high of 13380.40 EUR Million in March of 2020 and a record low of 2104.90 EUR Million in August of 2003. This page provides - Latvia Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Youth Unemployment Rate in Latvia increased to 12.10 percent in March from 10.80 percent in February of 2020. Youth Unemployment Rate in Latvia averaged 20.48 percent from 1998 until 2020, reaching an all time high of 40.80 percent in January of 2010 and a record low of 7.60 percent in November of 2007. This page provides the latest reported value for - Latvia Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Loans To Private Sector in Latvia decreased to 4582.80 EUR Million in March from 4611.10 EUR Million in February of 2020. Loans To Private Sector in Latvia averaged 6125.42 EUR Million from 2003 until 2020, reaching an all time high of 9837.50 EUR Million in January of 2009 and a record low of 1783.40 EUR Million in July of 2003. In Latvia, loans to private sector refer to loans to private non-financial corporations by monetary financial institutions. This page provides - Latvia Loans To Private Sector- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Latvia decreased 4.10 percent in March of 2020 over the previous month. Industrial Production Mom in Latvia averaged 0.29 percent from 2000 until 2020, reaching an all time high of 6.40 percent in January of 2010 and a record low of -6 percent in January of 2009. In Latvia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Latvia Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Latvia decreased 3.60 percent in March of 2020 over the same month in the previous year. Industrial Production in Latvia averaged 3.89 percent from 2000 until 2020, reaching an all time high of 23.20 percent in October of 2010 and a record low of -25.90 percent in March of 2009. In Latvia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Latvia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing Production in Latvia decreased 3.60 percent in March of 2020 over the same month in the previous year. Manufacturing Production in Latvia averaged 3.60 percent from 1997 until 2020, reaching an all time high of 27.70 percent in October of 2010 and a record low of -29.60 percent in March of 2009. This page provides the latest reported value for - Latvia Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mining production in Latvia decreased 2.10 percent in March of 2020 over the same month in the previous year. Mining Production in Latvia averaged 6.50 percent from 2001 until 2020, reaching an all time high of 103.30 percent in March of 2003 and a record low of -35.70 percent in February of 2009. This page provides - Latvia Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Latvia increased to 3.73 percent in February from 3.59 percent in January of 2020. Bank Lending Rate in Latvia averaged 5.07 percent from 2004 until 2020, reaching an all time high of 9.99 percent in April of 2010 and a record low of 3.16 percent in August of 2019. In Latvia, the bank lending rate is the average rate of interest charged on loans by commercial banks to private individuals and companies. This page provides the latest reported value for - Latvia Bank Lending Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Banks Balance Sheet in Latvia decreased to 21504.20 EUR Million in March from 21810.60 EUR Million in February of 2020. Banks Balance Sheet in Latvia averaged 27955.84 EUR Million from 2010 until 2020, reaching an all time high of 32743 EUR Million in November of 2015 and a record low of 21504.20 EUR Million in March of 2020. This page provides the latest reported value for - Latvia Banks Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in Latvia increased to 846 EUR/Month in December from 809 EUR/Month in November of 2019. Wages in Latvia averaged 400.08 EUR/Month from 1997 until 2019, reaching an all time high of 846 EUR/Month in December of 2019 and a record low of 113 EUR/Month in January of 1997. In Latvia, wages are benchmarked using average monthly earnings. This page provides - Latvia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Economic Optimism Index in Latvia decreased to 77.70 in April from 96.10 in March of 2020. Economic Optimism Index in Latvia averaged 94.09 from 1993 until 2020, reaching an all time high of 116.60 in February of 2007 and a record low of 30.10 in April of 1993. In Latvia, economic sentiment indicator refers to the general social economic situation among manufacturers, service providers, traders, constructors and consumers in a defined period. This page provides - Latvia Economic Sentiment Indicator- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Latvia increased to 11244.51 EUR Million in the fourth quarter of 2019 from 11244.04 EUR Million in the third quarter of 2019. Government Debt in Latvia averaged 5769.28 EUR Million from 2000 until 2019, reaching an all time high of 11391 EUR Million in the first quarter of 2019 and a record low of 811.71 EUR Million in the first quarter of 2000. This page provides - Latvia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction output in Latvia increased 1.10 percent in December of 2019 over the same month in the previous year. Construction Output in Latvia averaged 1.34 percent from 2000 until 2019, reaching an all time high of 25 percent in the second quarter of 2011 and a record low of -26.80 percent in the third quarter of 2009. This page provides - Latvia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Latvia stands at A+ with stable outlook. Moody's credit rating for Latvia was last set at A3 with stable outlook. Fitch's credit rating for Latvia was last reported at A- with negative outlook. DBRS's credit rating for Latvia is A (low) with positive outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Latvia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Latvia as reported by major credit rating agencies.

Latvia recorded 930 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Latvia reported 18 Coronavirus Deaths. This page includes a chart with historical data for Latvia Coronavirus Cases.

Latvia recorded 18 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Latvia reported 930 Coronavirus Cases. This page includes a chart with historical data for Latvia Coronavirus Deaths.

Latvia recorded 464 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Latvia reported 18 Coronavirus Deaths. This page includes a chart with historical data for Latvia Coronavirus Recovered.

Exports to Latvia in France decreased to 27 EUR Million in March from 36 EUR Million in February of 2020. Exports to Latvia in France averaged 25.88 EUR Million from 2014 until 2020, reaching an all time high of 36 EUR Million in February of 2020 and a record low of 20 EUR Million in January of 2015. This page includes a chart with historical data for France Exports to Latvia.

Part Time Employment in Latvia decreased to 75.10 Thousand in the fourth quarter of 2019 from 76.60 Thousand in the third quarter of 2019. Part Time Employment in Latvia averaged 73.87 Thousand from 1998 until 2019, reaching an all time high of 116 Thousand in the fourth quarter of 1998 and a record low of 48.80 Thousand in the fourth quarter of 2006. This page provides - Latvia Part Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Latvia decreased to 493678 EUR Thousand in the fourth quarter of 2019 from 525104 EUR Thousand in the third quarter of 2019. GDP From Construction in Latvia averaged 314179.83 EUR Thousand from 1995 until 2019, reaching an all time high of 720378 EUR Thousand in the third quarter of 2007 and a record low of 106452 EUR Thousand in the first quarter of 1995. This page provides - Latvia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Latvia recorded a capital and financial account surplus of 145000 EUR THO in the fourth quarter of 2019. Capital Flows in Latvia averaged -2648.35 EUR THO from 1993 until 2019, reaching an all time high of 1032590 EUR THO in the second quarter of 2009 and a record low of -1383970 EUR THO in the third quarter of 2007. In Latvia, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - Latvia Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Latvia decreased to 750119 EUR Thousand in the fourth quarter of 2019 from 756393 EUR Thousand in the third quarter of 2019. GDP From Manufacturing in Latvia averaged 591167.02 EUR Thousand from 1995 until 2019, reaching an all time high of 768025 EUR Thousand in the fourth quarter of 2006 and a record low of 362912 EUR Thousand in the third quarter of 1995. This page provides - Latvia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Latvia increased to 623143 EUR Thousand in the fourth quarter of 2019 from 440350 EUR Thousand in the third quarter of 2019. GDP From Public Administration in Latvia averaged 400369.18 EUR Thousand from 1995 until 2019, reaching an all time high of 740699 EUR Thousand in the fourth quarter of 2007 and a record low of 248834 EUR Thousand in the first quarter of 2002. This page provides - Latvia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Latvia was last recorded at 26437.43 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Latvia, when adjusted by Purchasing Power Parity is equivalent to 149 percent of the world's average. GDP per capita PPP in Latvia averaged 15943.82 USD from 1990 until 2018, reaching an all time high of 26437.43 USD in 2018 and a record low of 7796 USD in 1993. 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 provides the latest reported value for - Latvia GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Credit in Latvia decreased to 509 EUR Million in December from 517.20 EUR Million in November of 2018. Consumer Credit in Latvia averaged 660.86 EUR Million from 2003 until 2018, reaching an all time high of 1138 EUR Million in October of 2008 and a record low of 161.80 EUR Million in July of 2003. This page provides the latest reported value for - Latvia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Deflator in Latvia decreased to 1.10 percent in the fourth quarter of 2019 from 1.12 percent in the third quarter of 2019. GDP Deflator in Latvia averaged 0.75 percent from 1995 until 2019, reaching an all time high of 1.12 percent in the third quarter of 2019 and a record low of 0.37 percent in the second quarter of 1995. This page provides - Latvia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Latvia contracted 2.90 percent in the first quarter of 2020 over the previous quarter. GDP Growth Rate in Latvia averaged 0.92 percent from 1995 until 2020, reaching an all time high of 6.50 percent in the fourth quarter of 1996 and a record low of -5.70 percent in the second quarter of 2009. Latvia's GDP growth in recent years has been 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. On the expenditure side, household consumption is the main component of GDP and accounts for 61 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 59 percent while imports account for 62 percent, subtracting 3 percent of total GDP. Latvia joined the Euro in 2014. This page provides - Latvia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Building Permits in Latvia decreased to 718 Units in the fourth quarter of 2019 from 1018 Units in the third quarter of 2019. Building Permits in Latvia averaged 667.70 Units from 2010 until 2019, reaching an all time high of 1044 Units in the third quarter of 2017 and a record low of 163 Units in the first quarter of 2011. In Latvia, building permits measures the number of permits granted for the construction, capital repairs, reconstruction and restoration of residential buildings. This page provides - Latvia Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Latvia decreased to -10 points in February from -8 points in January of 2020. Consumer Confidence in Latvia averaged -19.49 points from 1993 until 2020, reaching an all time high of 0.20 points in September of 2006 and a record low of -54.30 points in February of 2009. 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 provides the latest reported value for - Latvia Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Producer Prices in Latvia increased to 105.20 points in March from 105.10 points in February of 2020. Producer Prices in Latvia averaged 82.79 points from 2000 until 2020, reaching an all time high of 107.40 points in April of 2019 and a record low of 50.90 points in August of 2000. In Latvia, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Latvia Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Productivity in Latvia increased to 114.10 points in the fourth quarter of 2019 from 112.70 points in the third quarter of 2019. Productivity in Latvia averaged 77.64 points from 1995 until 2019, reaching an all time high of 115.30 points in the second quarter of 2019 and a record low of 40.90 points in the first quarter of 1996. This page provides - Latvia Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Latvia stands at 24.09 percent. Social Security Rate For Companies in Latvia averaged 24 percent from 2004 until 2019, reaching an all time high of 24.09 percent in 2005 and a record low of 23.59 percent in 2015. In Latvia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Latvia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Latvia Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Latvia is ranked 19 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Latvia remained unchanged at 19 in 2019 from 19 in 2018. Ease of Doing Business in Latvia averaged 22.25 from 2008 until 2019, reaching an all time high of 31 in 2010 and a record low of 14 in 2016. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Latvia.

Asylum Applications in Latvia decreased to 10 persons in December from 20 persons in November of 2019. Asylum Applications in Latvia averaged 18.16 persons from 2008 until 2019, reaching an all time high of 70 persons in October of 2015 and a record low of 0 persons in February of 2008. Asylum Application in this page refers to first time asylum applicants. Data is supplied to Trading Economics by the Eurostat, National Ministries of Interior and other official agencies.

Consumer Spending in Latvia decreased to 4101333 EUR Thousand in the fourth quarter of 2019 from 4389631 EUR Thousand in the third quarter of 2019. Consumer Spending in Latvia averaged 2993473.35 EUR Thousand from 1995 until 2019, reaching an all time high of 4389631 EUR Thousand in the third quarter of 2019 and a record low of 1418096 EUR Thousand in the first quarter of 1995. This page provides - Latvia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Latvia decreased to 0.23 in 2018 from 0.46 in 2017. Terrorism Index in Latvia averaged 0.10 from 2002 until 2018, reaching an all time high of 0.66 in 2002 and a record low of 0 in 2005. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Government Spending in Latvia increased to 1458977 EUR Thousand in the fourth quarter of 2019 from 1146903 EUR Thousand in the third quarter of 2019. Government Spending in Latvia averaged 1043997.26 EUR Thousand from 1995 until 2019, reaching an all time high of 1458977 EUR Thousand in the fourth quarter of 2019 and a record low of 744550 EUR Thousand in the third quarter of 1996. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Latvia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Latvia decreased to 99670 Units in February from 110920 Units in January of 2020. Tourist Arrivals in Latvia averaged 148690.22 Units from 2016 until 2020, reaching an all time high of 269702 Units in July of 2019 and a record low of 71934 Units in February of 2016. In Latvia, tourist arrivals are measured by the number of non-resident persons who arrive at the country by month. This page provides - Latvia Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The OMX Riga decreased 17 points or 1.68% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Latvia. Historically, the Latvia Stock Market (OMX Riga) reached an all time high of 1143.65 in May of 2018. The OMX Riga Index is a major stock market index which tracks the performance of all companies listed on the Main and Secondary lists on the Riga Stock Exchange in Latvia. Only companies where a single shareholder controls at least 90% of the outstanding shares cannot be included in the index. It is a free-float, capitalization-weighted index. The OMX Riga Index has a base value of 100 as of December 31, 1999.