Stock Market in Latvia

Latvia Stock Market | Economic News & Forecasts

Latvia - Stock Market

The economy seems to have slipped into recession in the second quarter, after activity contracted for the first time in nearly a decade in the first quarter. Industrial output dived at the sharpest pace in over 10 years in April amid a broad-based downturn triggered by coronavirus-related restrictions. Similarly, against the backdrop of strict social distancing measures, retail sales declined markedly in April, while the unemployment rate jumped in April–May, signaling a contraction in household consumption as consumers cut back on non-essential spending. Moreover, merchandise exports dived in April, reflecting worsening foreign demand. That said, economic conditions seemingly stabilized somewhat in the second half of the quarter: In May, sentiment pulled away from April’s over one-decade low after authorities gradually lifted lockdown measures and began to reopen international borders.

Latvia - Stock Market Data

2015   2016   2017   2018   2019  
Stock Market (annual variation in %)45.7  23.5  35.8  -6.7  11.5  

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Latvia Facts

Value Change Date
Bond Yield0.550.0 %Jun 30
Exchange Rate1.120.65 %Dec 31

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