Gross National Product in Latvia increased to 7868 EUR Million in the fourth quarter of 2019 from 7818 EUR Million in the third quarter of 2019.

Gross National Product in Latvia averaged 4069.34 EUR Million from 1995 until 2019, reaching an all time high of 7868 EUR Million in the fourth quarter of 2019 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 May of 2020.

Gross National Product in Latvia is expected to be 7197.00 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 7892.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 7848.00 EUR Million in 2021 and 8084.00 EUR Million in 2022, according to our econometric models.

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Latvia Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
7868.00 7818.00 7868.00 936.00 1995 - 2019 EUR Million Quarterly
Current Prices, NSA

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.90 0.10 6.50 -5.70 percent [+]
GDP Annual Growth Rate -1.50 1.00 15.10 -15.60 percent [+]
GDP 35.80 34.85 35.80 4.50 USD Billion [+]
GDP Constant Prices 7326935.00 7200620.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 7868.00 7818.00 7868.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 2059563.00 1990502.00 2422885.00 92703.00 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 166338.00 306211.00 306211.00 82079.00 EUR Thousand [+]
GDP From Construction 493678.00 525104.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 750119.00 756393.00 768025.00 362912.00 EUR Thousand [+]
GDP From Mining 215494.00 178897.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 623143.00 440350.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 951880.00 978914.00 978914.00 187991.00 EUR Thousand [+]
GDP From Transport 548677.00 603889.00 639412.00 233137.00 EUR Thousand [+]