Gross Domestic Product of Latvia grew 0.6% in the third quarter of 2021 compared to the previous quarter. This rate is 19 -tenths of one percent "} less than the figure of 2.5% published in the second quarter of 2021.
The year-on-year change in GDP was 5.1%, 52 -tenths of one percent less than the 10.3% recorded in the second quarter of 2021.
The GDP figure in the third quarter of 2021 was €8,245$9,720 million, Latvia is number 47 in the ranking of quarterly GDP of the 53 countries that we publish.
Latvia has a quarterly GDP per capita, of €4,355$4,355, €518 $518 higher than the same quarter last year, it was .
If we order the countries according to their GDP per capita, Latvia is in 33th position. According to this parameter, its population has a low level of affluence compare to the 53 countries whose quarterly GDP we publish.
Here we show you the progression of the GDP in Latvia. You can see GDP in other countries in GDP and see all the economic information about Latvia in Latvia's economy.