Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
12.00% on Dec 31, 2006
Lowest
−14.20% on Dec 31, 2009
About Latvia Full Year GDP Growth
In Latvia, household consumption is the main component of GDP and accounts for 61 percent of its total use, followed by gross fixed capital formation (23 percent) and government expenditure (18 percent). Exports of goods and services account for 59 percent while imports account for 62 percent, subtracting 3 percent of total GDP.