Gross Domestic Product of Latvia fell 1.7 in the third quarter of 2022 compared to the previous quarter. This rate is 17 -tenths of one percent less than in the previous quarter, when there was no change.
The year-on-year change in GDP was -0.4%, 31 -tenths of one percent less than the 2.7% recorded in the second quarter of 2022.
The GDP figure in the third quarter of 2022 was €9,868$9,799 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 €5,155$5,155, €801 $801 higher than the same quarter last year, it was .
If we order the countries according to their GDP per capita, Latvia is in 32th position. According to this parameter, its population has a low level of affluence compare to the 53 countries whose quarterly GDP we publish.