9.5% In January – May the total amount of new loans grew 9.5% year-on-year.


Agnese Rutkovska

economist, Latvijas Banka
The GDP growth rate has moderated; however, consumption, investment and exports have remained relatively robust.

Oļegs Krasnopjorovs

economist, Latvijas Banka

Andrejs Bessonovs

economist, Latvijas Banka
According to Latvijas Banka research, a 10% increase in global food commodity prices raises consumer prices by 0.9% in Latvia.

Kristofers Pone

economist, Latvijas Banka
Foreign direct investment reached 132 million euro (1.9% of GDP) in net terms in the first quarter of 2019. The largest inflows were registered from Estonia, Germany and Lithuania in sectors like real estate activities, trade and ICT.

Miķelis Zondaks

The data suggest that the labour market has not yet responded to the economic deceleration and labour demand has remained stable.

Daina Pelēce

economist, Latvijas Banka
Latvia's exports of goods continue to benefit from global economic growth.
  • Real GDP (year-on-year; %)

  • Annual inflation (%; HICP)

  • Foreign direct investment in Latvia (net flows, EUR millions)

  • Job seekers rate (%)

  • Exports (year-on-year; %)