Gross Domestic Product of Latvia grew 1.7% in the third quarter of 2018 compared to the previous quarter. This rate is 5 -tenths of one percent higher than the figure of 1.2% published in the second quarter of 2018.
The year-on-year change in GDP was 5.3%, 7 -tenths of one percent more than the 4.6% recorded in the second quarter of 2018.
The GDP figure in the third quarter of 2018 was €7,487$6,438 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 €3,870$3,870, €371 $371 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.