Key Macroeconomic Indicators
Prices and Costs
| Annual inflation (%; HICP) | 2019 IX | 2.3 |
|
|
| Annual core inflation (HICP excluding unprocessed food and energy) | 2019 IX | 2.0 |
|
|
| 12-month average inflation (%; HICP) | 2019 IX | 3.0 |
|
|
| Annual inflation (%; CPI) | 2019 IX | 2.6 |
|
Real Sector
| Nominal GDP (in millions of euros) | 2019 Q2 | 7738 |
|
|
| Real GDP (year-on-year; %) | 2019 Q3 | 1.8 |
|
|
| Working day-adjusted manufacturing output index (year-on-year; %) | 2019 IX | 3.1 |
|
|
| Retail trade turnover at constant prices (year-on-year; %) | 2019 IX | -0.4 |
|
|
External Sector
| Exports (in millions of euros) | 2019 VIII | 1097.7 |
|
|
| Exports (year-on-year; %) | 2019 VIII | -2.1 |
|
|
| Imports (in millions of euros) | 2019 VIII | 1275.2 |
|
|
| Imports (year-on-year; %) | 2019 VIII | -15.1 |
|
|
| Foreign trade surplus/deficit (in millions of euros) | 2019 VIII | -177.6 |
|
|
| Current account balance (in millions of euro) | 2019 Q2 | -97 |
|
|
| Foreign direct investment in Latvia (net flows, % of GDP) | 2019 Q2 | -0.8 |
|
|
| Foreign direct investment in Latvia (net flows, EUR millions) | 2019 Q2 | -62 |
|
Labour Market
| Registered unemployment rate (%) | 2019 IX | 5.7 |
|
|
| Number of registered unemployed (in thousands) | 2019 IX | 52.6 |
|
|
| Job seekers rate (%) | 2019 Q2 | 6.4 |
|
|
| Nominal gross wages and salaries (year-on-year; %) | 2019 Q2 | 7.8 |
|
|
| Real net wages and salaries (year-on-year; %) | 2019 Q2 | 4.2 |
|
Public Finances
Financial and Monetary Developments
| Resident deposits (in millions of euros) | 2019 IX | 12373.4 |
|
|
| Resident deposits (year-on-year; %) | 2019 IX | 9.7 |
|
|
| Resident loans (in millions of euros) | 2019 IX | 12037.3 |
|
|
| Resident loans (year-on-year; %) | 2019 IX | 1.7 |
|
|
| Weighted average interest rate on euro loans to enterprises | 2019 IX | 2.74 |
|
Sources: State Treasury of Latvia, Central Statistical Bureau, Latvijas Banka