Gross National Product in Latvia increased to 7972 EUR Million in the third quarter of 2019 from 7624 EUR Million in the second quarter of 2019. Gross National Product in Latvia averaged 4040.62 EUR Million from 1995 until 2019, reaching an all time high of 7972 EUR Million in the third quarter of 2019 and a record low of 946 EUR Million in the first quarter of 1995.

Gross National Product in Latvia is expected to be 7044.00 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 8179.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 8677.00 EUR Million in 2020, according to our econometric models.

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Latvia Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
7972.00 7624.00 7972.00 946.00 1995 - 2019 EUR Million Quarterly
Current Prices, NSA
Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.80 6.40 -6.10 percent [+]
GDP Annual Growth Rate 2.90 1.80 13.90 -16.20 percent [+]
GDP 34.85 30.46 35.60 4.50 USD Billion [+]
GDP Constant Prices 7214265.00 6924668.00 7263013.00 2207929.00 EUR Thousand [+]
Gross National Product 7972.00 7624.00 7972.00 946.00 EUR Million [+]
Gross Fixed Capital Formation 1980465.00 1598358.00 2402613.00 95826.00 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 292180.00 288874.00 292180.00 75144.00 EUR Thousand [+]
GDP From Construction 525104.00 364249.00 631870.00 92913.00 EUR Thousand [+]
GDP From Manufacturing 756393.00 753275.00 756393.00 333749.00 EUR Thousand [+]
GDP From Mining 196020.00 186710.00 253926.00 96547.00 EUR Thousand [+]
GDP From Public Administration 440316.00 448875.00 616052.00 182541.00 EUR Thousand [+]
GDP From Services 980050.00 876708.00 980050.00 181772.00 EUR Thousand [+]
GDP From Transport 606165.00 547795.00 641059.00 228683.00 EUR Thousand [+]