Key Macroeconomic Indicators

Consumer Prices

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

Real Sector

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

External Sector

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

Labour Market

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

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

Financial and Monetary Developments

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

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

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