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.