Construction output in Latvia increased 1.10 percent in December of 2019 over the same month in the previous year.
Construction Output in Latvia averaged 1.34 percent from 2000 until 2019, reaching an all time high of 25 percent in the second quarter of 2011 and a record low of -26.80 percent in the third quarter of 2009. This page provides - Latvia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Construction Output - values, historical data and charts - was last updated on September of 2020.
Construction Output in Latvia is expected to be 7.27 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Latvia to stand at 6.25 in 12 months time. In the long-term, the Latvia Construction Output is projected to trend around 6.98 percent in 2021 and 6.83 percent in 2022, according to our econometric models.