Key data points
Last release
—
Observation period
Q3 2024
Next release
—
Forecast
−2.40 %
Highest
15.00 % on Mar 31, 2007
Lowest
−15.70 % on Sep 30, 2009
About Latvia GDP YoY
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.