Key Macroeconomic Indicators

Prices and Costs

Annual inflation (%; HICP) 2019 VIII 3.1 Oļegs Krasnopjorovs Andrejs Bessonovs
Annual core inflation (HICP excluding unprocessed food and energy) 2019 VIII 2.4
12-month average inflation (%; HICP) 2019 VIII 3.0
Annual inflation (%; CPI) 2019 VIII 3.2

Real Sector

Nominal GDP (in millions of euros) 2019 Q1 6828 Agnese Rutkovska
Real GDP (year-on-year; %) 2019 Q2 2.9 Agnese Rutkovska
Working day-adjusted manufacturing output index (year-on-year; %) 2019 VII 1.3
Retail trade turnover at constant prices (year-on-year; %) 2019 VII 1.4

External Sector

Exports (in millions of euros) 2019 VI 982.9
Exports (year-on-year; %) 2019 VI -8.2
Imports (in millions of euros) 2019 VI 1208.8
Imports (year-on-year; %) 2019 VI -11.9
Foreign trade surplus/deficit (in millions of euros) 2019 VI -225.8
Current account balance (in millions of euro) 2019 Q2 -97 Kristofers Pone
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 VIII 5.9
Number of registered unemployed (in thousands) 2019 VIII 54.4
Job seekers rate (%) 2019 Q2 6.4 Miķelis Zondaks
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

Consolidated general government budget surplus/deficit (current month, in millions of euros) 2019 VII -82.1
Consolidated general government budget surplus/deficit (from the beginning of the year, in millions of euros) 2019 VII 597.2
Consolidated general government budget expenditure (from the beginning of the year; year-on-year; %) 2019 VII 6.5
General government debt (in millions of euros) 2019 VII 10665.3
General government debt (% of GDP) 2019 VII 33.8
Tax revenue (from the beginning of the year; year-on-year; %) 2019 VII 1.6

Financial and Monetary Developments

Resident deposits (in millions of euros) 2019 VII 12557.8 Vilnis Purviņš
Resident deposits (year-on-year; %) 2019 VII 10.9
Resident loans (in millions of euros) 2019 VII 11985.9
Resident loans (year-on-year; %) 2019 VII 2.2
Weighted average interest rate on euro loans to enterprises 2019 VII 3.33

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

Up