Table of Contents

    The Economy of Latvia

    📊Economic Indicators

    Major Indicators

    Latvia
    Global Median

    Latest Indicator Releases

    Nov 1, 2023LatestPrevious
    Real GDP Growth0.600-0.500
    GDP10.6610.07
    Inflation2.3803.510
    Economic Growth0.600-0.600
    Consumer Confidence Survey-18.700-11.700
    Consumer Price Index (CPI)143.04143.42
    Oct 30, 2023LatestPrevious
    Retail Sales-3.880-2.610
    Oct 29, 2023LatestPrevious
    Retail Sales Index118.90119.20
    Oct 27, 2023LatestPrevious
    Money Supply19.7119.86
    Oct 26, 2023LatestPrevious
    Mortgage Credit4.7704.730

    🔁Trade

    Source: United Nations

    Trade Balance

    Imports
    Exports
    20122013201420152016201720182019202020210.0006.0b12.0b18.0b24.0b

    Major Trade Partners

    Country
    Trade Value
    % of Trade
    Import Value
    Export Value
    Balance
    		Region
    Lithuania$7.42b32.14$3.97b$3.44b-$529.85mEurope
    Germany$3.71b16.06$2.43b$1.28b-$1.15bEurope
    Estonia$3.11b13.47$2.05b$1.07b-$980.09mEurope
    Poland$2.84b12.3$2.21b$624.33m-$1.59bEurope
    Russia$2.59b11.23$2.10b$496.65m-$1.60bAsia
    Netherlands$1.88b8.16$935.28m$947.90m$12.62mEurope
    Sweden$1.73b7.47$682.80m$1.04b$359.47mEurope
    United Kingdom$1.72b7.46$206.29m$1.52b$1.31bEurope
    Denmark$1.27b5.52$460.38m$812.92m$352.55mEurope
    China$1.26b5.44$1.02b$239.07m-$777.86mAsia

    🗞News

    Latvia's Economy
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