Capacity Utilization in Latvia decreased to 69.10 percent in the second quarter of 2020 from 74.70 percent in the first quarter of 2020.
Capacity Utilization in Latvia averaged 65.12 percent from 1993 until 2020, 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 June of 2020.
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 2021 and 75.84 percent in 2022, according to our econometric models.