Key Macroeconomic Indicators

Consumer Prices

Inflation (year-on-year; %; HICP) 2021 X 6.0 Inflation (year-on-year; %; HICP)
Core inflation (HICP excluding food and energy; year-on-year; %) 2021 X 2.6 Core inflation (HICP excluding food and energy; year-on-year; %)
Inflation (year-on-year; %; CPI) 2021 X 6.0 Inflation (year-on-year; %; CPI)

Real Sector

GDP at current prices (in millions of euro) 2021 Q2 8114.0 GDP at current prices (in millions of euro)
GDP at constant prices (adjusted data; year-on-year; %) 2021 Q2 10.5 GDP at constant prices (adjusted data; year-on-year; %)
GDP at constant prices (adjusted data; quarter-on-quarter; %) 2021 Q2 2.6 GDP at constant prices (adjusted data; quarter-on-quarter; %)
Manufacturing output at constant prices (adjusted data; year-on-year; %) 2021 IX 6.7 Manufacturing output at constant prices (adjusted data; year-on-year; %)
Retail trade turnover at constant prices (adjusted data; year-on-year; %) 2021 IX 3.9 Retail trade turnover at constant prices (adjusted data; year-on-year; %)

External Sector

Exports of goods and services (in millions of euro) 2021 Q2 4916 Exports of goods and services (in millions of euro)
Exports of goods and services (year-on-year; %) 2021 Q2 25.8 Exports of goods and services (year-on-year; %)
Imports of goods and services (in millions of euro) 2021 Q2 5282 Imports of goods and services (in millions of euro)
Imports of goods and services (year-on-year; %) 2021 Q2 40.6 Imports of goods and services (year-on-year; %)
Current account balance (in millions of euro) 2021 Q2 -521 Current account balance (in millions of euro)
Current account balance (% of GDP) 2021 Q2 -6.5 Guntis Kalniņš Current account balance (% of GDP)
Foreign direct investment in Latvia (net flows; in millions of euro) 2021 Q2 440 Foreign direct investment in Latvia (net flows; in millions of euro)

Labour Market

Actual unemployment rate (% of economically active population) 2021 Q3 7.2 Actual unemployment rate (% of economically active population)
Registered unemployment rate (% of economically active population) 2021 IX 6.0 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 VIII 8.2 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 VIII -864.7 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 VIII 14071.6 General government debt (in millions of euro)
General government debt (% of GDP) 2021 VIII 43.0 General government debt (% of GDP)

Financial and Monetary Developments

Resident deposits (in millions of euro) 2021 X 15977.9 Resident deposits (in millions of euro)
Resident deposits (year-on-year; %) 2021 X 13.1 Resident deposits (year-on-year; %)
Resident loans (in millions of euro) 2021 X 12559.7 Resident loans (in millions of euro)
Resident loans (year-on-year; %) 2021 X 10.3 Resident loans (year-on-year; %)
Interest rate on loans to non-financial corporations 2021 IX 3.38 Interest rate on loans to non-financial corporations

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

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