Gross National Product in Latvia increased to 8171 EUR Million in the fourth quarter of 2020 from 7635 EUR Million in the third quarter of 2020. source: Central Statistical Bureau of Latvia

Gross National Product in Latvia averaged 4198.02 EUR Million from 1995 until 2020, reaching an all time high of 8171 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 May of 2021.

Gross National Product in Latvia is expected to be 7413.00 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 8580.00 in 12 months time. In the long-term, the Latvia Gross National Income is projected to trend around 9009.00 EUR Million in 2022 and 9279.00 EUR Million in 2023, according to our econometric models.

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Latvia Gross National Income

Actual Previous Highest Lowest Dates Unit Frequency
8171.00 7635.00 8171.00 936.00 1995 - 2020 EUR Million Quarterly
Current Prices, NSA

Latvia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -2.60 1.10 6.90 -7.00 percent [+]
GDP Annual Growth Rate -2.20 -1.50 15.10 -15.60 percent [+]
GDP 34.12 34.31 35.66 4.50 USD Billion [+]
GDP Constant Prices 7225447.00 7029631.00 7326935.00 2504788.00 EUR Thousand [+]
Gross National Product 8171.00 7635.00 8171.00 936.00 EUR Million [+]
Gross Fixed Capital Formation 2043946.00 1928500.00 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 173240.00 315956.00 315956.00 82079.00 EUR Thousand [+]
GDP From Construction 473007.00 487824.00 720378.00 106452.00 EUR Thousand [+]
GDP From Manufacturing 824005.00 796540.00 824005.00 362912.00 EUR Thousand [+]
GDP From Mining 174470.00 143854.00 297376.00 111912.00 EUR Thousand [+]
GDP From Public Administration 631746.00 445992.00 740699.00 248834.00 EUR Thousand [+]
GDP From Services 1003126.00 1044348.00 1044348.00 187991.00 EUR Thousand [+]
GDP From Transport 482990.00 516018.00 639412.00 233137.00 EUR Thousand [+]