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GDP Latvia first quarter of 2018

GDP rises 2% in Latvia in first quarter

Gross Domestic Product of Latvia grew 1.6% in the first quarter of 2018 compared to the previous quarter. This rate is 12 -tenths of one percent higher than the figure of 0.4% published in the forth quarter of 2017.

The year-on-year change in GDP was 5.1%, 3 -tenths of one percent more than the 4.8% recorded in the forth quarter of 2017.

The GDP figure in the first quarter of 2018 was €7,064$5,747 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 €3,652$3,652, €326 $326 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 50 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.

Quarterly GDP at market prices 2018
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2018Q17,064M.€5,747M.$1.6%5.1%
< GDP Latvia 2017
Quaterly GDP Per Capita 2018
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2018Q13,652€2.3%9.8%2,971$-4.7%-1.4%
< GDP Latvia 2017
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
201726,857M.€30,265M.$4.5%
201624,926M.€27,584M.$2.2%
201524,320M.€26,986M.$3.0%
201423,618M.€31,385M.$1.9%
201322,829M.€30,260M.$2.4%
201222,058M.€28,141M.$4.0%
201120,202M.€28,496M.$6.4%
201017,789M.€23,809M.$-3.9%
200918,749M.€26,238M.$-14.4%
200824,355M.€35,763M.$-3.5%
200722,679M.€30,946M.$10.0%
200617,264M.€21,466M.$11.9%
200513,726M.€16,949M.$10.7%
200411,673M.€14,377M.$8.3%
200310,479M.€11,753M.$8.4%
200210,158M.€9,553M.$7.1%
20019,361M.€8,351M.$6.5%
20008,610M.€7,941M.$5.4%
19997,046M.€7,534M.$2.6%
19986,410M.€7,178M.$6.5%
19975,749M.€6,527M.$9.0%
19964,700M.€5,970M.$2.4%
19954,137M.€5,410M.$-0.9%
19943,407M.€4,532M.$2.2%
19932,048M.€2,728M.$-11.4%
19921,242M.€1,694M.$-32.1%
1991226M.€6,756M.$-12.6%
199098M.€7,447M.$
19897,690M.$
19886,827M.$
19875,716M.$
Evolution: GDP per capita Latvia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
201713,900€15,646$9.5%11.7%
201612,700€14,009$3.3%3.1%
201512,300€13,588$4.2%-13.4%
201411,800€15,681$4.4%4.9%
201311,300€14,952$4.6%8.6%
201210,800€13,762$10.2%0.2%
20119,800€13,736$15.3%22.3%
20108,500€11,228$-3.4%-7.5%
20098,800€12,131$-21.4%-25.7%
200811,200€16,317$8.7%16.5%
200710,300€14,010$32.1%45.4%
20067,800€9,635$27.9%27.9%
20056,100€7,534$17.3%19.3%
20045,200€6,315$13.0%23.6%
20034,600€5,111$4.6%24.2%
20024,400€4,116$10.0%16.0%
20014,000€3,549$11.1%6.4%
20003,600€3,334$24.1%6.2%
19992,900€3,140$7.4%5.9%
19982,700€2,965$12.5%11.1%
19972,400€2,670$26.3%10.4%
19961,900€2,417$11.8%11.7%
19951,700€2,163$21.4%25.4%
19941,400€1,725$75.0%68.8%
1993800€1,022$60.0%61.5%
1992500€633$484.7%-75.2%
199186€2,556$130.9%-8.8%
199037€2,802$-2.8%
19892,882$12.6%
19882,561$18.3%
19872,164$
Evolution: GDP growth rate at constant prices Latvia
Evolution: GDP per capita Latvia
GDP Latvia