Latvia skyline

Latvia GDP Q4 2019

Latvia: Growth dips to over three-year low in Q4 2019

Annual GDP growth slumped to 1.1% in the final quarter of 2019, according to preliminary national accounts data released by Latvia’s Statistical Institute on 31 January. The fourth-quarter result marked a significant deceleration from the third quarter’s 2.9% increase and the weakest expansion since Q3 2016. The downturn chiefly reflected faltering activity in the all-important manufacturing sector.

Meanwhile, in seasonally- and working-day adjusted quarter-on-quarter terms, the economy rose just 0.2% in the fourth quarter, slowing from 0.6% in the third quarter and marking the softest increase since Q1 2019.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest