Key Macroeconomic Indicators
Prices and Costs
| Annual inflation (%; HICP) | 2019 XII | 2.1 |
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| Annual core inflation (HICP excluding unprocessed food and energy) | 2019 XII | 1.7 |
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| 12-month average inflation (%; HICP) | 2019 XII | 2.7 |
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| Annual inflation (%; CPI) | 2019 XII | 2.3 |
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Real Sector
| Nominal GDP (in millions of euros) | 2019 Q3 | 8061 |
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| Real GDP (year-on-year; %) | 2019 Q3 | 1.9 |
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| Working day-adjusted manufacturing output index (year-on-year; %) | 2019 XI | -0.8 |
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| Retail trade turnover at constant prices (year-on-year; %) | 2019 X | -0.4 |
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External Sector
| Exports (in millions of euros) | 2019 XI | 1135.3 |
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| Exports (year-on-year; %) | 2019 XI | -6.5 |
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| Imports (in millions of euros) | 2019 XI | 1250.1 |
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| Imports (year-on-year; %) | 2019 XI | -7.8 |
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| Foreign trade surplus/deficit (in millions of euros) | 2019 XI | -114.8 |
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| Current account balance (in millions of euro) | 2019 Q3 | -296 |
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| Foreign direct investment in Latvia (net flows, % of GDP) | 2019 Q3 | 4.9 |
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| Foreign direct investment in Latvia (net flows, EUR millions) | 2019 Q3 | 397 |
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Labour Market
| Registered unemployment rate (%) | 2019 XII | 6.2 |
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| Number of registered unemployed (in thousands) | 2019 XII | 57.8 |
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| Job seekers rate (%) | 2019 Q3 | 6.0 |
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| Nominal gross wages and salaries (year-on-year; %) | 2019 Q3 | 8.3 |
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| Real net wages and salaries (year-on-year; %) | 2019 Q3 | 4.7 |
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Public Finances
Financial and Monetary Developments
| Resident deposits (in millions of euros) | 2019 XI | 12536.4 |
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| Resident deposits (year-on-year; %) | 2019 XI | 8.7 |
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| Resident loans (in millions of euros) | 2019 XI | 11956.8 |
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| Resident loans (year-on-year; %) | 2019 XI | 0.4 |
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| Weighted average interest rate on euro loans to enterprises | 2019 XI | 3.60 |
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Sources: State Treasury of Latvia, Central Statistical Bureau, Latvijas Banka