Gross Domestic Product of Latvia grew 1.6% in the first quarter of 2017 compared to the previous quarter. This rate is 4-tenths of one percent higher than the figure of 1.2% published in the forth quarter of 2016.
The year-on-year change in GDP was 4%, 17-tenths of one percent more than the 2.3% recorded in the forth quarter of 2016.
The GDP figure in the first quarter of 2017 was €6,470$6,077 million, Latvia is number 44 in the ranking of quarterly GDP of the 48 countries that we publish.
Latvia has a quarterly GDP per capita, of €3,226$3,226, €116 $116 higher than the same quarter last year, it was .
If we order the countries according to their GDP per capita, Latvia is in 34th position. According to this parameter, its population has a low level of affluence compare to the 48 countries whose quarterly GDP we publish.