Gross Domestic Product of Latvia grew 0.8% in the first quarter of 2024 compared to the previous quarter. This rate is 4 -tenths of one percent higher than the figure of 0.4% published in the forth quarter of 2023.
The year-on-year change in GDP was 0.7%, 8 -tenths of one percent more than the -0.1% recorded in the forth quarter of 2023.
The GDP figure in the first quarter of 2024 was €10,425$9,602 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 €5,407$5,407, €156 $156 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.
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.