Gross National Product in Latvia decreased to 6609 EUR Million in the first quarter of 2021 from 8171 EUR Million in the fourth quarter of 2020. source: Central Statistical Bureau of Latvia

Gross National Product in Latvia averaged 4220.98 EUR Million from 1995 until 2021, reaching an all time high of 8171 EUR Million in the fourth quarter of 2020 and a record low of 936 EUR Million in the first quarter of 1995. This page provides - Latvia Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news. Latvia Gross National Income - values, historical data and charts - was last updated on July of 2021.

Gross National Product in Latvia is expected to be 7351.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gross National Product in Latvia to stand at 8808.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 8949.00 EUR Million in 2022 and 9217.00 EUR Million in 2023, according to our econometric models.

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Latvia Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
6609.00 8171.00 8171.00 936.00 1995 - 2021 EUR Million Quarterly
Current Prices, NSA

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.70 1.10 6.90 -7.00 percent [+]
GDP Annual Growth Rate -1.30 -1.50 15.10 -15.60 percent [+]
GDP 33.51 34.06 50.87 4.50 USD Billion [+]
GDP Constant Prices 5927191.00 7225447.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 6609.00 8171.00 8171.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 1280864.00 2043946.00 2422885.00 92703.00 EUR Thousand [+]
GDP per capita 23060.68 23774.28 23774.28 5159.35 USD [+]
GDP per capita PPP 29932.49 30858.75 30858.75 7796.00 USD [+]
GDP From Agriculture 159856.00 173240.00 315956.00 82079.00 EUR Thousand [+]
GDP From Construction 235846.00 473007.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 699195.00 824005.00 824005.00 362912.00 EUR Thousand [+]
GDP From Mining 188700.00 174470.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 359620.00 631746.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 764712.00 1003126.00 1044348.00 187991.00 EUR Thousand [+]
GDP From Transport 445201.00 482990.00 639412.00 233137.00 EUR Thousand [+]