Economy & Growth in Latvia 494 indicators covering economy & growth for Latvia. IndicatorLatest Year10-yr change Rank Annual government non-financial accounts and key indicators 0 National currency 2025 — 9th Public expenditure on disability and sickness cash benefits in % GDP 2.84 Percentage of GDP 2021 up 46.9% 1st Public expenditure on family by type of expenditure (cash and in) 2.88 Percentage of GDP 2021 up 53.5% 3rd Public expenditure on old-age and survivors cash benefits in % GDP 7.52 Percentage of GDP 2021 down 10.4% 3rd Annual government taxes and social contributions receipts — Other 591.24 National currency 2024 up 71.7% 7th Annual value added and its components by economic activity 120.65 Index 2024 up 35.0% 6th Annual government taxes and social contributions receipts — Taxes on 1,413 National currency 2024 up 35.1% 8th Implied tax subsidy rates on R&D expenditures 0 Index 2025 down 100.0% 12th Quarterly GDP and components - income approach — Operating surplus 15,054 National currency 2025 up 50.4% 9th Annual government taxes and social contributions receipts — Total tax 14,020 National currency 2024 up 100.3% 6th Economic Outlook No 118 — Consumer price index, harmonised 1.45 2027 up 53.3% 3rd Annual government taxes and social contributions receipts — Excise 1,193 National currency 2024 up 58.9% 8th Quarterly compensation of employees by economic activity — Wages and 18,389 National currency 2025 up 102.7% 8th Annual government taxes and social contributions receipts — Value 3,845 National currency 2024 up 113.0% 9th Annual government taxes and social contributions receipts — Taxes and 1.51 National currency 2024 down 19.3% 7th Annual non-financial accounts by institutional sector (Revenue) 3,845 National currency 2024 up 113.0% 6th Annual government taxes and social contributions receipts — Other 129.55 National currency 2024 up 223.6% 5th Annual government taxes and social contributions receipts — Taxes on 237.34 National currency 2024 up 24.1% 6th Asset-backed pensions - main database — Investment 24.05 Percentage change 2024 up 16.9% 3rd Economic Outlook No 117 — Consumer price index, harmonised 1.42 2026 up 54.1% 3rd Annual government taxes and social contributions receipts — Business 4.85 National currency 2024 up 27.3% 7th Irrigation of agricultural holdings by utilised agricultural area 1.97 million Hectare 2023 up 4.9% 23rd Farms and hectares by crops, utilised agricultural area, economic 1.97 million Hectare 2023 up 4.9% 23rd Annual government taxes and social contributions receipts — Taxes on 59.47 National currency 2024 up 38.9% 5th Annual government taxes and social contributions receipts — Taxes on 2,870 National currency 2024 up 105.4% 5th Annual government taxes and social contributions receipts — Taxes on 791.07 National currency 2024 up 117.5% 5th Annual government expenditure by function (COFOG) — Intermediate 2,489 National currency 2024 up 61.1% 7th Annual government taxes and social contributions receipts — Taxes on 44.5 National currency 2024 down 9.6% 6th Annual government taxes and social contributions receipts — Taxes on 54.37 National currency 2024 up 79.9% 8th Economic Outlook No 117 — Harmonised headline inflation 2.41 2026 up 2,332.7% 3rd Annual government taxes and social contributions receipts — Other 118.84 National currency 2024 up 446.4% 6th Annual government taxes and social contributions receipts — Taxes on 156.85 National currency 2024 up 147.2% 8th Government debt by instrument coverage — Debt securities and loans 45.53 Percentage of GDP 2026 up 12.4% 3rd Government debt by instrument coverage — SDRs, currency and deposits 48.38 Percentage of GDP 2026 up 20.9% 3rd Government debt by instrument coverage — Maastricht debt 47.18 Percentage of GDP 2026 up 19.7% 3rd Annual non-financial accounts by institutional sector (Revenue) 9.26 National currency 2024 up 43.1% 7th Annual government taxes and social contributions receipts — Total 3.19 National currency 2024 up 4.6% 7th Business demography by size class and NUTS 3 region 146,301 2020 — 22nd Business demography and high growth enterprise by NACE Rev. 2 and 146,301 2020 — 22nd Consumer price indices (CPIs, HICPs), COICOP 1999 — Item weights 1,000 Per 1 000 of consumer expenditure 2025 unchanged 1st Eurostat harmonised index of consumer prices (HICP) — Item weights 1,000 Per 1 000 of consumer expenditure 2025 unchanged 1st Eurostat harmonised index of consumer prices (HICP), Item weights 1,000 Per 1 000 of consumer expenditure 2025 unchanged 1st Consumer price indices (CPIs), exchange, API only,COICOP 1999 151 Index 2025 up 51.0% 6th Quarterly non-financial accounts by institutional sector (Revenue) 1,067 National currency 2025 down 14.1% 8th Annual government non-financial accounts and key indicators (Revenue) 832.81 National currency 2025 up 150.9% 1st Annual government taxes and social contributions receipts — Taxes on 1.51 National currency 2024 down 19.3% 7th R&D tax expenditure and direct government funding of BERD — Indirect 0 Percentage of GDP 2024 — 1st Gross domestic expenditure on R&D by sector of performance and 550.95 US dollars, PPP converted 2022 up 49.5% 12th Government debt by instrument coverage — SDRs, currency and deposits 58.33 Percentage of GDP 2026 up 28.6% 3rd Annual fixed assets by economic activity and by asset — Closing 132.85 Index 2023 up 73.6% 3rd Annual non-financial accounts by institutional sector (Revenue) 67.74 National currency 2024 down 31.8% 5th Quarterly non-financial accounts by institutional sector (Revenue) 5,632 National currency 2025 up 86.8% 7th Quarterly non-financial accounts by institutional sector (Revenue) 474.7 National currency 2025 up 37.6% 8th International trade of fisheries commodities 262.77 million US dollar 2022 up 34.9% 9th Annual government taxes and social contributions receipts — General 17.6 National currency 2022 down 85.6% 4th R&D tax expenditure and direct government funding of BERD — Indirect 0 Percentage of GDP 2024 down 100.0% 12th Annual government taxes and social contributions receipts — Excise 1.51 National currency 2024 down 19.3% 7th Annual government taxes and social contributions receipts — Other 1.75 National currency 2024 — 5th Annual government taxes and social contributions receipts — Import 9.6 National currency 2004 down 61.1% 3rd Financial Dashboard — Debt to gross operating surplus ratio of 2.44 Factor of gross operating surplus 2024 down 3.3% 4th ← Previous 6 1 2 3 4 5 … 9 Next → Page 3 of 9