Latvia GDP YoYLatvia GDP YoYLatvia GDP YoY

Latvia GDP YoY

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Key data points

Last release
Observation period
Q1 2024
Next release
Forecast
Highest
15.00% on Mar 31, 2007
Lowest
−15.70% on Sep 30, 2009

About Latvia GDP YoY

Category
GDP
Frequency
Quarterly
Units
%
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.