Latvia Full Year GDP GrowthLatvia Full Year GDP GrowthLatvia Full Year GDP Growth

Latvia Full Year GDP Growth

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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


Category
GDP
Frequency
Annual
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.