GDP Constant Prices in Latvia increased to 7214265 EUR Thousand in the third quarter of 2019 from 6924668 EUR Thousand in the second quarter of 2019. GDP Constant Prices in Latvia averaged 4403298.58 EUR Thousand from 1995 until 2019, reaching an all time high of 7263013 EUR Thousand in the fourth quarter of 2018 and a record low of 2207929 EUR Thousand in the first quarter of 1996.

GDP Constant Prices in Latvia is expected to be 6127144.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Latvia to stand at 7401836.00 in 12 months time. In the long-term, the Latvia GDP Constant Prices is projected to trend around 7852608.00 EUR Thousand in 2020, according to our econometric models.

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Latvia GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
7214265.00 6924668.00 7263013.00 2207929.00 1995 - 2019 EUR Thousand Quarterly
Constant Prices 2010, NSA
Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.80 6.40 -6.10 percent [+]
GDP Annual Growth Rate 2.90 1.80 13.90 -16.20 percent [+]
GDP 34.85 30.46 35.60 4.50 USD Billion [+]
GDP Constant Prices 7214265.00 6924668.00 7263013.00 2207929.00 EUR Thousand [+]
Gross National Product 7972.00 7624.00 7972.00 946.00 EUR Million [+]
Gross Fixed Capital Formation 1980465.00 1598358.00 2402613.00 95826.00 EUR Thousand [+]
GDP per capita 16405.70 15532.20 16405.70 5140.53 USD [+]
GDP per capita PPP 26437.43 25029.79 26437.43 7796.00 USD [+]
GDP From Agriculture 292180.00 288874.00 292180.00 75144.00 EUR Thousand [+]
GDP From Construction 525104.00 364249.00 631870.00 92913.00 EUR Thousand [+]
GDP From Manufacturing 756393.00 753275.00 756393.00 333749.00 EUR Thousand [+]
GDP From Mining 196020.00 186710.00 253926.00 96547.00 EUR Thousand [+]
GDP From Public Administration 440316.00 448875.00 616052.00 182541.00 EUR Thousand [+]
GDP From Services 980050.00 876708.00 980050.00 181772.00 EUR Thousand [+]
GDP From Transport 606165.00 547795.00 641059.00 228683.00 EUR Thousand [+]