Key Macroeconomic Indicators

Prices and Costs

Annual inflation (%; CPI)2016 IV-0.8CommentaryGraph
12-month average inflation (%; CPI)2016 IV0.0Graph
Anunal core inflation (%; CPI)2016 IV0.4Graph
Annual inflation (%; HICP)2016 III-0.6Graph
Annual core inflation (HICP excluding unprocessed food and energy)2016 III1.1Graph
12-month average inflation (%; HICP)2016 III0.1Graph

Real Sector

Nominal GDP (in millions of euros)2015 Q46 463.00CommentaryGraph
Real GDP (year-on-year; %)2015 Q42.3Graph
Working day-adjusted manufacturing output index (year-on-year; %)2016 II4.3CommentaryGraph
Retail trade turnover at constant prices (year-on-year; %)2016 II2.3Graph

External Sector

Exports (in millions of euros)2016 III833.8CommentaryGraph
Exports (year-on-year; %)2016 III-4.9Graph
Imports (in millions of euros)2016 III1 025.8Graph
Imports (year-on-year; %)2016 III-7.4Graph
Foreign trade surplus/deficit (in millions of euros)2016 III-192.0Graph
Current account balance (in millions of euro)2015 Q490.6CommentaryGraph
Current account balance to GDP (%)2015 Q41.4Graph
Foreign direct investment in Latvia (in millions of euro)2015 Q462.8Graph
Foreign direct investment in Latvia (net flows, % of GDP)2015 Q41.0Graph

Labour Market

Registered unemployment rate (%)2016 IV8.8Graph
Number of registered unemployed (in thousands)2016 IV82 268.0Graph
Job seekers rate (%)2016 Q110.3CommentaryGraph
Nominal gross wages and salaries (year-on-year; %)2015 Q47.4CommentaryGraph
Real net wages and salaries (year-on-year; %)2015 Q48.0Graph

Public Finances

Consolidated general government budget surplus/deficit (current month, in millions of euros)2016 III-100.4Graph
Consolidated general government budget surplus/deficit (from the beginning of the year, in millions of euros)2016 III48.4Graph
Consolidated general government budget expenditure (from the beginning of the year; year-on-year; %)2016 III0.2Graph
General government debt (in millions of euros)2016 III8 448.7Graph
General government debt (% of GDP)2016 III33.8Graph
Tax revenue (from the beginning of the year; year-on-year; %)2016 III3.8Graph

Financial and Monetary Developments

Resident deposits (in millions of euros)2016 III10 469.20CommentaryGraph
Resident deposits (year-on-year; %)2016 III10.9Graph
Resident loans (in millions of euros)2016 III12 399.80Graph
Resident loans (year-on-year; %)2016 III-0.6Graph
Weighted average interest rate on euro loans to enterprises2016 III2.63Graph

Source: Treasury, Central Statistical Bureau of the Republic of Latvia, and Bank of Latvia data.