Economy & Growth in Latvia

494 indicators covering economy & growth for Latvia.

IndicatorLatest Year10-yr change Rank
NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio 2.44 Factor of gross operating surplus 2024 down 3.3% 4th
Annual value added and its components by economic activity — Output 131.84 Index 2024 up 44.9% 2nd
Annual government taxes and social contributions receipts — Car 0 National currency 2018 down 100.0% 7th
Annual value added and its components by economic activity 134.08 Index 2024 up 41.0% 1st
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
Personal income tax (PIT) - top statutory and marginal tax rate — Top 0 Factor of average annual wage 2025 down 100.0% 7th
Trade in employment (TiM) 2023 edition — Domestic employment embodied 0.6 Persons 2020 down 50.0% 12th
Economic Outlook No 114 — Harmonised headline inflation 3.28 2025 up 1,439.7% 1st
Eurostat harmonised index of consumer prices (HICP), COICOP 2018 150.85 Index 2025 up 50.9% 5th
R&D tax expenditure and direct government funding of BERD 0.0143 Percentage of GDP 2024 up 308.6% 10th
Annual non-financial accounts by institutional sector (Revenue) 1,136 National currency 2024 up 64.9% 2nd
Annual non-financial accounts by institutional sector (Revenue) 126.85 National currency 2024 up 937.7% 5th
Annual government non-financial accounts and key indicators 0 National currency 2025 — 1st
Hours of work needed to escape poverty — Working hours needed to 24 Hours per week 2025 down 14.3% 3rd
Adequacy of minimum income benefits — Net annualised income of 16 Percentage of median disposable household income 2025 up 23.1% 5th
R&D tax expenditure and direct government funding of BERD 0.3656 Percentage of GDP 2024 up 118.1% 12th
R&D tax expenditure and direct government funding of BERD — Sum of 0.0143 Percentage of GDP 2024 up 240.5% 11th
Annual government non-financial accounts and key indicators (Revenue) 0 National currency 2025 — 7th
R&D tax expenditure and direct government funding of BERD 0.3656 Percentage of GDP 2024 up 117.2% 12th
Annual government taxes and social contributions receipts — Export 0.03 National currency 1999 — 1st
Gross domestic product (GDP) and main components (output, expenditure) 112.09 Chain linked volumes, index 2020=100 2026 up 8.6% 32nd
Gross value added and income by main industry (NACE Rev.2 ) 112.09 Chain linked volumes, index 2020=100 2026 up 8.6% 32nd
Gross domestic product (GDP) and main components per capita 6,260 Current prices, euro per capita 2026 up 85.8% 33rd
Consumer price indices (CPIs), exchange, API only,COICOP 2018 100 Index 2025 up 51.0% 3rd
Government debt by financial instrument - government at a glance 100 Percentage of general government debt 2025 unchanged 1st
Economic sentiment and confidence indicators by sector - monthly data -5.6 2026 up 86.6% 25th
Perceived health status by socio-economic status 47.9 Percentage of population in the same age 2025 up 21.9% 4th
Construction producer prices or costs, new residential buildings 133.1 Index, 2021=100 2026 up 70.0% 22nd
Beneficiary of rural development support measures by legal form 1.97 million Hectare 2023 up 4.9% 13th
Economic accounts for agriculture - values at current prices 508.92 Million euro 2025 up 22.6% 26th
Type of other gainful activities directly related to the agricultural 55,160 Annual working unit (AWU) 2023 down 33.3% 13th
Economic accounts for agriculture by NUTS 2 region 150.79 Million euro 2008 up 175.7% 29th
Economic accounts for agriculture - indices 96.55 Index, 2020=100 2025 up 13.2% 36th
Economic accounts for agriculture - values at reference year prices 527.12 Chain linked volumes (2020), million euro 2025 up 8.3% 23rd
Purchasing power parities, price level indices, nominal and real 0.793 2025 up 14.6% 44th
Purchasing power parities, price level indices, nominal and real 0.7708 2024 up 11.0% 45th
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - indices 103.48 Index, 2025=100 2026 up 54.0% 35th
Gross domestic product (GDP) and main components (output, expenditure) 110.6 Chain linked volumes, index 2020=100 2025 up 17.5% 41st
Gross value added and income by main industry (NACE Rev.2 ) - annual 110.6 Chain linked volumes, index 2020=100 2025 up 17.5% 41st
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - item 1,000 2026 unchanged 1st
Economic accounts for agriculture - values at n-1 prices 584.64 Million euro 2025 up 32.9% 24th
Permanent grassland by area under corresponding crop, utilised 600,320 Hectare 2023 down 8.2% 11th
Venture capital investments 0.0166 Percentage of GDP 2025 down 46.9% 6th
Harmonised index of consumer prices (HICP) - ECOICOP ver.2 - first 103.48 Index, 2025=100 2026 up 54.0% 35th
Farm indicators by legal status of the holding, utilised agricultural 1.78 billion Euro 2023 up 79.7% 20th
Main farm indicators by organic farming, utilised agricultural area 1.78 billion Euro 2023 up 79.7% 20th
Main farm indicators by rural development support measures, utilized 1.78 billion Euro 2023 up 79.7% 20th
Farm indicators by age and sex of the manager, economic size of the 1.78 billion Euro 2023 up 79.7% 20th
Farm indicators by other gainful activities related to the holder 1.78 billion Euro 2023 up 79.7% 20th
R&D personnel and researchers in business enterprise sector by size 2,082 Full-time equivalent (FTE) 2024 up 50.7% 46th
Balance sheet and income statement of insurance companies — Assets 1,703 Euro 2024 up 195.1% 7th
Gross value added and income by detailed industry 108.44 Chain linked volumes, index 2020=100 2024 up 19.2% 35th
Organic crops by utilised agricultural area, economic size of the 297,410 Hectare 2023 up 62.5% 11th
Gross domestic product (GDP) and main components per capita - annual 56.1% 2025 up 29.9% 38th
Balance sheet and income statement of insurance companies — Gross 1,127 Euro 2024 up 183.1% 7th
Economic accounts for agriculture - agricultural income indicators 12,608 Index, 2020=100 2025 up 68.8% 26th
Contribution to year-on-year inflation by COICOP 1999 by country 3.49 Percentage points 2025 up 916.2% 3rd
Trade in employment (TiM) 2021 edition — Domestic employment embodied 1 Persons 2018 down 68.8% 11th