Gross Domestic Product of Latvia fell 6.5 in the second quarter of 2020 compared to the previous quarter. This rate is 36 -tenths of one percent less than in the previous quarter, when changed -2.9%.
The year-on-year change in GDP was -8.6%, 71 -tenths of one percent less than the -1.5% recorded in the first quarter of 2020.
The GDP figure in the second quarter of 2020 was €6,894$6,260 million, Latvia is number 46 in the ranking of quarterly GDP of the 50 countries that we publish.
Latvia has a quarterly GDP per capita, of €3,614$3,614, less than the same period last year, when it was €3,963 $3,963 .
If we order the countries according to their GDP per capita, Latvia is in 35th position. According to this parameter, its population has a low level of affluence compare to the 50 countries whose quarterly GDP we publish.