Economy & Growth in Latvia 75 indicators covering economy & growth for Latvia. IndicatorLatest Year10-yr change Rank Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum 2029 up 122.3% 4th Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum 2029 up 324.4% 12th Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP 2029 up 2.7% 8th Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income 2026 up 33.3% 9th Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.41 Percentage of GDP 2022 down 5.4% 10th Africa's Development Dynamics (AfDD) Table 17 - Trade by 11,326 US dollar 2022 up 49.6% 10th Africa's Development Dynamics (AfDD) Table 28 - International trade 52.21 Percentage of merchandise value 2020 up 12.2% 12th Africa's Development Dynamics (AfDD) Table 21 - Investment and 180.86 Percentage of GDP 2019 down 9.0% 7th Africa's Development Dynamics (AfDD) Table 21 - Investment and 49.68 Percentage of GDP 2019 up 49.2% 13th Africa's Development Dynamics (AfDD) Table 21 - Investment and 17.15 Percentage of GDP 2019 down 2.2% 9th Africa's Development Dynamics (AfDD) Table 21 - Investment and 5.01 Percentage of GDP 2019 down 3.1% 4th OECD Economic Outlook 117 long-term scenarios — Share of solar in 0.0571 2100 up 12.2% 8th OECD Economic Outlook 117 long-term scenarios — Share of coal in 0 2100 — 4th OECD Economic Outlook 117 long-term scenarios — Trend employment 74.77 2100 up 4.9% 5th Economic Outlook 119 — Current account balance in USD -2.80 billion 2027 down 728.4% 6th Economic Outlook No 117 — Balance of primary income in USD -788.79 million 2026 down 1,989.3% 4th Economic Outlook No 117 — Current account balance in USD -1.72 billion 2026 down 455.6% 7th Economic Outlook 119 — Contribution to world trade growth, goods and 0.002 2027 down 68.8% 9th Economic Outlook No 117 — Current account balance as a percentage of -3.46 2026 down 295.1% 8th Economic Outlook No 117 — Current account balance in USD, residual 0 2026 up 100.0% 3rd Economic Outlook No 118 — Government final consumption expenditure 6.90 billion 2027 up 26.0% 8th Economic Outlook No 117 — Private final consumption expenditure 1.52 2026 down 60.9% 8th Economic Outlook No 118 — Indicator of competitiveness based on 104.64 2027 up 11.5% 8th Economic Outlook No 117 — Balance of primary income as a percent of -1.59 2026 down 1,044.8% 6th Economic Outlook No 116 — Current account balance -1.22 billion 2026 down 380.6% 8th Economic Outlook No 117 — Current account balance -1.53 billion 2026 down 450.8% 7th Economic Outlook No 117 — Government final consumption expenditure 8.15 billion 2026 up 54.5% 8th Economic Outlook No 117 — Government final consumption expenditure 4.18 2026 up 66.6% 1st Economic Outlook No 117 — Balance of primary income -700.00 million 2026 down 1,958.8% 4th Economic Outlook No 116 — Change in inventories, contributions to 0 2026 down 100.0% 2nd Economic Outlook No 116 — Indicator of competitiveness based on 104.09 2026 up 7.8% 6th Economic Outlook No 117 — Private final consumption expenditure 26.08 billion 2026 up 78.4% 8th Economic Outlook No 117 — Government final consumption expenditure 10.07 billion 2026 up 128.1% 8th Economic Outlook No 117 — Indicator of competitiveness based on 104.53 2026 up 8.2% 6th Economic Outlook No 117 — Current account balance, residual item 0 2026 up 100.0% 3rd Economic Outlook No 114 — Current account balance in USD, residual 0 2025 up 100.0% 2nd Economic Outlook No 115 — Balance of primary income as a percent of -2.38 2025 down 408.8% 7th Economic Outlook No 115 — Private final consumption expenditure 18.53 billion 2025 up 26.0% 8th Economic Outlook No 115 — Private final consumption expenditure 27.15 billion 2025 up 84.6% 8th Economic Outlook No 114 — Balance of primary income -550.00 million 2025 down 378.3% 3rd OECD Economic Outlook 117 long-term scenarios — General government 60.81 2100 down 3.9% 5th Economic Outlook No 117 — Trend employment rate, as a percentage of 66.34 2026 up 9.0% 6th OECD Economic Outlook 117 long-term scenarios — General government 19.28 2100 down 11.3% 6th Economic Outlook No 114 — Total employment 884,825 2025 down 1.3% 8th Economic Outlook No 116 — General government final consumption 9.31 billion 2026 up 110.9% 8th Economic Outlook No 118 — General government final consumption 10.04 billion 2027 up 111.1% 8th Economic Outlook No 117 — General government final consumption 10.09 billion 2026 up 128.6% 8th Economic Outlook No 116 — Dependent employment, total economy 745,076 2026 down 4.0% 8th Economic Outlook No 117 — General government consumption of fixed 1.71 billion 2026 up 79.4% 8th Economic Outlook No 117 — Net capital outlays of the government 885.14 million 2026 up 616.9% 9th Economic Outlook No 117 — Private final consumption expenditure 26.02 billion 2026 up 77.9% 8th Economic Outlook No 115 — General government consumption of fixed 1.66 billion 2025 up 55.2% 8th Economic Outlook No 114 — Dependent employment, total economy 770,598 2025 down 1.6% 8th Economic Outlook No 118 — Consumer price index, harmonised 1.45 2027 up 53.3% 4th Asset-backed pensions - main database — Investment 24.05 Percentage change 2024 up 16.9% 2nd Economic Outlook No 117 — Consumer price index, harmonised 1.42 2026 up 54.1% 3rd Economic Outlook No 117 — Harmonised headline inflation 2.41 2026 up 2,332.7% 4th Personal income tax (PIT) and social security contributions (SSC) 40.14 Percentage of labour costs 2025 down 5.6% 4th Personal income tax (PIT) and social security contributions (SSC) 40.14 Percentage of labour costs 2025 down 5.6% 4th Personal income tax (PIT) and social security contributions (SSC) 46.05 Percentage of labour costs 2025 up 4.1% 5th Page 1 of 2 Next →