Economy & Growth in Latvia
404 indicators covering economy & growth for Latvia.
| Indicator | Latest | Year | 10-yr change | Rank |
|---|---|---|---|---|
| Gross domestic product (GDP) | 31.21 billion constant 2015 US$ | 2025 | up 18.5% | 105th |
| Share of manufacturing in gross domestic product (GDP) | 10.0% | 2025 | down 7.9% | 101st |
| GDP per capita | 16,892 constant 2015 US$ | 2025 | up 26.8% | 70th |
| Inflation of consumer prices | 3.7% | 2025 | up 2,049.8% | 74th |
| External balance on goods and services as a percent of GDP | -4.6% | 2025 | down 285.1% | 105th |
| Trade in services | 33.7% | 2025 | up 18.1% | 58th |
| Foreign direct investment, net outflows | 317.22 million BoP, current US$ | 2025 | up 120.2% | 70th |
| Foreign direct investment, net inflows | 243.70 million BoP, current US$ | 2025 | down 70.0% | 137th |
| Foreign direct investment, net inflows | 0.5% | 2025 | down 83.8% | 155th |
| Total reserves | 6.10 billion includes gold, current US$ | 2025 | up 77.0% | 97th |
| Total reserves minus gold | 5.16 billion current US$ | 2025 | up 60.4% | 98th |
| Inflation, consumer prices | 3.7% | 2025 | up 2,049.8% | 74th |
| General government final consumption expenditure | 11.14 billion current US$ | 2025 | up 132.5% | 81st |
| General government final consumption expenditure | 9.85 billion current LCU | 2025 | up 128.3% | 152nd |
| General government final consumption expenditure | 6.47 billion constant 2015 US$ | 2025 | up 35.1% | 87th |
| General government final consumption expenditure | 7.0% | 2025 | up 282.4% | 33rd |
| General government final consumption expenditure | 22.9% | 2025 | up 26.0% | 34th |
| Households and NPISHs Final consumption expenditure | 28.01 billion current US$ | 2025 | up 80.7% | 99th |
| Households and NPISHs Final consumption expenditure | 24.79 billion current LCU | 2025 | up 77.4% | 152nd |
| Households and NPISHs Final consumption expenditure | 18.52 billion constant 2015 US$ | 2025 | up 19.4% | 100th |
| Households and NPISHs Final consumption expenditure | 0.8% | 2025 | down 59.0% | 147th |
| Households and NPISHs Final consumption expenditure per capita | 10,022 constant 2015 US$ | 2025 | up 27.8% | 55th |
| Households and NPISHs Final consumption expenditure per capita growth | 1.8% | 2025 | down 34.4% | 99th |
| Households and NPISHs final consumption expenditure | 57.6% | 2025 | down 2.1% | 114th |
| Final consumption expenditure | 39.15 billion current US$ | 2025 | up 92.9% | 94th |
| Final consumption expenditure | 34.65 billion current LCU | 2025 | up 89.4% | 154th |
| Final consumption expenditure | 25.02 billion constant 2015 US$ | 2025 | up 23.3% | 101st |
| Final consumption expenditure | 2.4% | 2025 | up 33.1% | 109th |
| Final consumption expenditure | 80.5% | 2025 | up 4.5% | 84th |
| Gross national expenditure | 50.84 billion current US$ | 2025 | up 90.7% | 93rd |
| Gross national expenditure | 45.00 billion current LCU | 2025 | up 87.3% | 150th |
| Gross national expenditure | 35.22 billion constant 2015 US$ | 2025 | up 32.1% | 93rd |
| Gross national expenditure | 104.6% | 2025 | up 3.3% | 79th |
| Exports of goods and services | 30.42 billion current US$ | 2025 | up 84.5% | 82nd |
| Exports of goods and services | 26.92 billion current LCU | 2025 | up 81.1% | 153rd |
| Exports of goods and services | 21.36 billion constant 2015 US$ | 2025 | up 29.6% | 84th |
| Exports of goods and services | 0.1% | 2025 | down 97.6% | 136th |
| Exports of goods and services | 62.6% | 2025 | down 0.0% | 39th |
| Gross fixed capital formation | 11.41 billion current US$ | 2025 | up 94.2% | 85th |
| Gross fixed capital formation | 10.10 billion current LCU | 2025 | up 90.6% | 149th |
| Gross fixed capital formation | 7.73 billion constant 2015 US$ | 2025 | up 31.6% | 93rd |
| Gross fixed capital formation | 9.8% | 2025 | up 425.7% | 41st |
| Gross fixed capital formation | 23.5% | 2025 | up 5.2% | 74th |
| Changes in inventories | 285.44 million current US$ | 2025 | down 41.2% | 81st |
| Changes in inventories | 252.60 million current LCU | 2025 | down 42.2% | 106th |
| Gross capital formation | 11.70 billion current US$ | 2025 | up 83.8% | 88th |
| Gross capital formation | 10.35 billion current LCU | 2025 | up 80.5% | 150th |
| Gross capital formation | 10.20 billion constant 2015 US$ | 2025 | up 60.3% | 84th |
| Gross capital formation | 18.3% | 2025 | up 318.3% | 18th |
| Gross capital formation | 24.1% | 2025 | down 0.4% | 87th |
| Imports of goods and services | 32.65 billion current US$ | 2025 | up 94.3% | 80th |
| Imports of goods and services | 28.89 billion current LCU | 2025 | up 90.8% | 154th |
| Imports of goods and services | 25.44 billion constant 2015 US$ | 2025 | up 51.4% | 84th |
| Imports of goods and services | 5.7% | 2025 | up 464.3% | 70th |
| Imports of goods and services | 67.2% | 2025 | up 5.3% | 44th |
| External balance on goods and services | -2.23 billion current US$ | 2025 | down 610.7% | 132nd |
| External balance on goods and services | -1.97 billion current LCU | 2025 | down 597.8% | 96th |
| External balance on goods and services | -4.6% | 2025 | down 285.1% | 105th |
| Trade | 129.7% | 2025 | up 2.6% | 38th |
| Agriculture, forestry, and fishing, value added | 1.73 billion current LCU | 2025 | up 104.4% | 158th |