Key Macroeconomic Indicators

Consumer Prices

Inflation (year-on-year; %; HICP)	2021 VIII	3.6
Core inflation (HICP excluding food and energy; year-on-year; %)	2021 VIII	2.0
Inflation (year-on-year; %; CPI)	2021 VIII	3.7

Real Sector

GDP at constant prices (adjusted data; quarter-on-quarter; %)	2021 Q1	-1.7
GDP at current prices (in millions of euro)	2021 Q2	8055.0
GDP at constant prices (adjusted data; year-on-year; %)	2021 Q2	10.8
Manufacturing output at constant prices (adjusted data; year-on-year; %)	2021 VII	7.9
Retail trade turnover at constant prices (adjusted data; year-on-year; %)	2021 VII	4.8

External Sector

Exports of goods and services (in millions of euro)	2021 Q1	4522
Exports of goods and services (year-on-year; %)	2021 Q1	2.5
Imports of goods and services (in millions of euro)	2021 Q1	4418
Imports of goods and services (year-on-year; %)	2021 Q1	0.4
Current account balance (in millions of euro)	2021 Q1	-44
Current account balance (% of GDP)	2021 Q1	-0.7
Foreign direct investment in Latvia (net flows; in millions of euro)	2021 Q1	367

Labour Market

Actual unemployment rate (% of economically active population)	2021 Q2	7.9
Registered unemployment rate (% of economically active population)	2021 VIII	6.5
Gross wages and salaries (nominal; year-on-year; %)	2021 Q2	10.2
Net wages and salaries (real; year-on-year; %)	2021 Q2	7.9

Public Finances

General government budget surplus/deficit (cash-flow data; reporting period; in millions of euro)	2021 VII	80.7
General government budget surplus/deficit (cash-flow data; from the beginning of the year; in millions of euro)	2021 VII	-872.9
General government debt (in millions of euro)	2021 VII	13620.5
General government debt (% of GDP)	2021 VII	44.1

Financial and Monetary Developments

Resident deposits (in millions of euro)	2021 VII	15830.8
Resident deposits (year-on-year; %)	2021 VII	17.5
Resident loans (in millions of euro)	2021 VII	12200.8
Resident loans (year-on-year; %)	2021 VII	7.5
Interest rate on loans to non-financial corporations	2021 VII	2.67

Sources: State Treasury of Latvia, Central Statistical Bureau, Latvijas Banka