Latvia Economic Profile

Economic profile for Latvia with GDP, inflation, unemployment, debt, trade, population indicators, rankings and country risk context. The country is listed.
COUNTRY: Latvia
ISO3: LVA
REGION: Europe
CACHE: live
UPDATED: 2026-07-20 05:07:42

Economic indicators · Latvia

42 indicators
Indicator Category Latest Unit Rank
Inflation Prices & Inflation 3.75 percent 44
Consumer Price Index Prices & Inflation 162.39 index 51
GDP Deflator Inflation Prices & Inflation 3.62 annual percent 47
GDP Growth Growth & Output 2.14 annual percent 61
Nominal GDP Growth & Output 43.68 bn current US$ 76
GDP per Capita Growth & Output 26,312 current US$ 41
GDP PPP Growth & Output 80.98 bn current international $ 72
Gross Capital Formation Growth & Output 24.06 percent of GDP 48
Gross Savings Growth & Output 20.71 percent of GDP 63
Industry Share of GDP Growth & Output 18.49 percent of GDP 64
Services Share of GDP Growth & Output 64.6 percent of GDP 22
Agriculture Share of GDP Growth & Output 4.04 percent of GDP 26
Government Debt Public Finance 7.45 percent of GDP 45
Government Spending Public Finance 20.11 percent of GDP 23
Government Expense Public Finance 34.2 percent of GDP 26
Government Revenue Public Finance 34.1 percent of GDP 25
Tax Revenue Public Finance 17.78 percent of GDP 34
Interest Payments Public Finance 2.69 percent of revenue 53
Military Spending Public Finance 3.26 percent of GDP 16
Unemployment Labor Market 6.57 percent 21
Youth Unemployment Labor Market 12.95 percent 39
Employment Rate Labor Market 56.55 percent 51
Labor Force Participation Labor Market 60.52 percent 45
Labor Force Total Labor Market 946,983 people 70
Vulnerable Employment Labor Market 8.62 percent 50
Current Account Balance External Sector -1.57 percent of GDP 56
Exports Trade 65.33 percent of GDP 22
Imports Trade 66.93 percent of GDP 15
Trade Openness Trade 132.26 percent of GDP 18
FDI Inflows External Sector 3.47 percent of GDP 20
Foreign Reserves External Sector 5.14 bn current US$ 67
Personal Remittances External Sector 3.06 percent of GDP 18
Official Exchange Rate Monetary & Financial 0.92 LCU per US$ 65
Domestic Credit to Private Sector Monetary & Financial 29.54 percent of GDP 63
Population Population & Society 1.87 m people 70
Urban Population Population & Society 68.48 percent 50
Age Dependency Ratio Population & Society 59.11 percent 14
Life Expectancy Population & Society 76.43 years 54
Fertility Rate Population & Society 1.24 births per woman 97
Gini Index Population & Society 34 index 37
Poverty Headcount Population & Society 22.5 percent 27
Energy Use Energy & Environment 2,271 kg oil equivalent per capita 41

Country profile note

overview

This page aggregates all available indicators for one country.

Production version: this can become a strong SEO page such as “Germany Economic Profile”.

Country metadata

LVA
NameLatvia
RegionEurope
Group

Latvia Economic Profile: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Inflation for Latvia. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: latvia economy data, economic profile latvia, latvia macro data, latvia country risk.