Gross National Product in Latvia decreased to 6915 EUR Million in the second quarter of 2020 from 6990 EUR Million in the first quarter of 2020.

Gross National Product in Latvia averaged 4125.37 EUR Million from 1995 until 2020, reaching an all time high of 7818 EUR Million in the third 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 October of 2020.

Gross National Product in Latvia is expected to be 7623.00 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 7828.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 7797.00 EUR Million in 2021 and 8031.00 EUR Million in 2022, according to our econometric models.

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Latvia Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
6915.00 6990.00 7818.00 936.00 1995 - 2020 EUR Million Quarterly
Current Prices, NSA

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -6.50 -2.90 6.50 -6.50 percent [+]
GDP Annual Growth Rate -8.90 -1.50 15.10 -15.60 percent [+]
GDP 34.12 34.31 35.66 4.50 USD Billion [+]
GDP Constant Prices 6290947.00 5974893.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 6915.00 6990.00 7818.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 1561647.00 1378555.00 2422885.00 92703.00 EUR Thousand [+]
GDP per capita 16697.69 16216.70 16697.69 5140.98 USD [+]
GDP per capita PPP 30830.10 29942.00 30830.10 7796.00 USD [+]
GDP From Agriculture 281465.00 169757.00 306211.00 82079.00 EUR Thousand [+]
GDP From Construction 382030.00 273389.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 700864.00 662374.00 768025.00 362912.00 EUR Thousand [+]
GDP From Mining 175562.00 223650.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 452195.00 351751.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 795966.00 735696.00 978914.00 187991.00 EUR Thousand [+]
GDP From Transport 402065.00 467213.00 639412.00 233137.00 EUR Thousand [+]