Gross Domestic Product of Latvia grew 0.2% in the third quarter of 2023 compared to the previous quarter. This rate is 5 -tenths of one percent higher than the figure of -0.3% published in the second quarter of 2023.
The year-on-year change in GDP was 0%, 8 -tenths of one percent more than the -0.8% recorded in the second quarter of 2023.
The GDP figure in the third quarter of 2023 was €10,102$11,067 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 €5,400$5,400, €132 $132 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 53 countries whose quarterly GDP we publish.