Capacity Utilization in Latvia increased to 75 percent in the second quarter of 2021 from 73.10 percent in the first quarter of 2021. source: European Commission

Capacity Utilization in Latvia averaged 65.40 percent from 1993 until 2021, reaching an all time high of 77.40 percent in the third quarter of 2018 and a record low of 43.70 percent in the second quarter of 1993. This page provides - Latvia Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Capacity Utilization - values, historical data and charts - was last updated on May of 2021.

Capacity Utilization in Latvia is expected to be 75.87 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Latvia to stand at 75.84 in 12 months time. In the long-term, the Latvia Capacity Utilization is projected to trend around 75.83 percent in 2022 and 75.84 percent in 2023, according to our econometric models.

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Latvia Capacity Utilization

Actual Previous Highest Lowest Dates Unit Frequency
75.00 73.10 77.40 43.70 1993 - 2021 percent Quarterly
Seasonally Adjusted

Latvia Business Last Previous Highest Lowest Unit
Business Confidence 2.80 -2.60 12.50 -44.70 points [+]
Industrial Production 4.70 2.70 23.20 -25.90 percent [+]
Industrial Production Mom 0.50 1.10 6.20 -8.00 percent [+]
Manufacturing Production 0.80 2.30 27.70 -29.60 percent [+]
Capacity Utilization 75.00 73.10 77.40 43.70 percent [+]
Car Registrations 3451.00 3204.00 9388.00 1070.00 [+]
Internet Speed 16580.44 17189.85 18326.11 3101.80 KBps [+]
IP Addresses 878525.00 831199.00 878525.00 273180.00 IP [+]
Mining Production -8.00 4.00 103.30 -35.70 percent [+]
Corruption Index 57.00 56.00 58.00 27.00 Points [+]
Corruption Rank 42.00 44.00 71.00 40.00 [+]
Ease of Doing Business 19.00 19.00 31.00 14.00 [+]
Electricity Production 704.00 590.00 995.00 159.00 Gigawatt-hour [+]
Changes In Inventories -147152.00 53791.00 497177.00 -294453.00 EUR Thousand [+]
Competitiveness Index 66.98 66.25 66.98 4.05 Points [+]
Competitiveness Rank 41.00 42.00 70.00 41.00 [+]