SmartCountry

EUG20





Economy Latvia

Domestic Economy
GDP at Purchasing Power 31.17 bil. PPP$
GDP per Capita at Purchasing Power 13,834 PPP$
GDP in local currency Mrd. 3.14 bil. Latvian lats pro Quartal
GDP Growth y.o.y.% -5.91% p.a.
Consumption Expenditures per Quarter 1.98 bil. Latvian lats
Consumption as % of GDP 62.86%
Gross Capital Formation 0.46 Latvian lats per Quarter
Gross Capital Formation as % of GDP 14.77%
Government Consumption 0.56 bil. Latvian lats per Quarter
Government Consumption as % of GDP 17.86%
Inflation -0.15% p.a.
Unemployment Rate 20.40%
International Trade
Exports 1.64 bil Latvian lats per quarter
Exports as % of GDP 52.20%
Net exports in local currency 0.02 bil. Latvian lats per Quarter
Trade Balance in USD -0.31 bil. $
Current Account in USD 0.34 bil. $ per Quarter
Foreign Assets 24.26 bil. $
Foreign Liabilities 42.65 bil. $
Net Investment Position -18.39 bil. $

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