Gross National Product in Latvia increased to 7801 EUR Million in the second quarter of 2021 from 6607 EUR Million in the first quarter of 2021. source: Central Statistical Bureau of Latvia

Gross National Product in Latvia averaged 4254.96 EUR Million from 1995 until 2021, reaching an all time high of 8195 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 October of 2021.

Gross National Product in Latvia is expected to be 7948.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Gross National Income is projected to trend around 8975.00 EUR Million in 2022 and 9244.00 EUR Million in 2023, according to our econometric models.

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Latvia Gross National Income


Latvia Last Unit Reference Previous Highest Lowest
GDP Growth Rate 4.40 percent Jun/21 -1.60 6.70 -6.90
GDP Annual Growth Rate 11.10 percent Jun/21 -1.30 15.10 -15.60
GDP Constant Prices 7014726.00 EUR Thousand Jun/21 5927191.00 7326935.00 2504788.00
Gross National Product 7801.00 EUR Million Jun/21 6607.00 8195.00 936.00
Gross Fixed Capital Formation 1760786.00 EUR Thousand Jun/21 1275368.00 2422885.00 92703.00
GDP From Transport 498011.00 EUR Thousand Jun/21 445201.00 639412.00 233137.00
GDP From Services 948518.00 EUR Thousand Jun/21 764712.00 1044348.00 187991.00
GDP From Public Administration 470778.00 EUR Thousand Jun/21 359620.00 740699.00 248834.00
GDP From Mining 154471.00 EUR Thousand Jun/21 188700.00 297376.00 111912.00
GDP From Manufacturing 845421.00 EUR Thousand Jun/21 699195.00 845421.00 362912.00
GDP From Construction 373822.00 EUR Thousand Jun/21 235846.00 720378.00 106452.00
GDP From Agriculture 271863.00 EUR Thousand Jun/21 159856.00 315956.00 82079.00