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Latvia  

GDP Latvia forth quarter of 2019

Latvia, GDP falls with respect to previous quarter

Gross Domestic Product of Latvia fell 2.9 in the forth quarter of 2019 compared to the previous quarter. This rate is 30 -tenths of one percent less than in the previous quarter, when changed 0.1%.

The year-on-year change in GDP was -1.5%, 25 -tenths of one percent less than the 1% recorded in the forth quarter of 2019.

The GDP figure in the forth quarter of 2019 was €7,666$6,924 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 €3,993$3,993, €92 $92 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 2020
DateQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2020Q1-2.9%-1.5%
< GDP Latvia 2019
Evolution: Annual GDP Latvia
DateAnnual GDPAnnual GDPGDP Growth (%)
201930,476M.€2.2%
201829,151M.€34,882M.$4.6%
201726,798M.€30,528M.$3.8%
201625,073M.€27,707M.$1.8%
201524,426M.€26,986M.$3.3%
201423,654M.€31,385M.$1.9%
201322,845M.€30,260M.$2.3%
201222,098M.€28,141M.$4.1%
201120,219M.€28,496M.$6.3%
201017,818M.€23,798M.$-4.5%
200918,807M.€26,238M.$-14.2%
200824,397M.€35,763M.$-3.3%
200722,677M.€30,946M.$10.0%
200617,256M.€21,466M.$11.9%
200513,716M.€16,949M.$10.7%
200411,659M.€14,377M.$8.3%
200310,464M.€11,753M.$8.4%
200210,140M.€9,553M.$7.1%
20019,343M.€8,351M.$6.3%
20008,606M.€7,941M.$5.6%
19997,032M.€7,534M.$2.8%
19986,384M.€7,178M.$6.4%
19975,734M.€6,527M.$8.9%
19964,685M.€5,970M.$2.5%
19954,124M.€5,410M.$-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
201915,930€5.3%
201815,130€18,033$9.6%15.2%
201713,810€15,654$7.9%11.3%
201612,800€14,072$3.6%3.6%
201512,350€13,588$4.1%-13.4%
201411,860€15,681$4.5%4.9%
201311,350€14,952$4.4%8.6%
201210,870€13,762$10.7%0.2%
20119,820€13,736$15.5%22.4%
20108,500€11,223$-3.2%-7.5%
20098,780€12,131$-21.6%-25.7%
200811,200€16,317$8.7%16.5%
200710,300€14,010$32.4%45.4%
20067,780€9,635$26.9%27.9%
20056,130€7,534$19.0%19.3%
20045,150€6,315$12.7%23.6%
20034,570€5,111$4.1%24.2%
20024,390€4,116$9.8%16.0%
20014,000€3,549$10.2%6.4%
20003,630€3,334$23.5%6.2%
19992,940€3,140$10.9%5.9%
19982,650€2,965$12.3%11.1%
19972,360€2,670$23.6%10.4%
19961,910€2,417$15.1%11.7%
19951,660€2,163$18.6%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