Gross Domestic Product of Latvia fell 1.7 in the first quarter of 2021 compared to the previous quarter. This rate is 28 -tenths of one percent less than in the previous quarter, when changed 1.1%.
The year-on-year change in GDP was -1.2%, 6 -tenths of one percent more than the -1.8% recorded in the forth quarter of 2020.
The GDP figure in the first quarter of 2021 was €7,610$6,316 million, Latvia is number 47 in the ranking of quarterly GDP of the 51 countries that we publish.
Latvia has a quarterly GDP per capita, of €3,989$3,989, €44 $44 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 51 countries whose quarterly GDP we publish.