Latvian Lats

• iso 4217: LVL
• Latvia (Europe)

Latvia Retail Sales MoM

Retail Sales in Latvia increased 2.10 percent in March of 2013 over the previous month. Retail Sales MoM in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 2000 until 2013, Latvia Retail Sales MoM averaged 0.5 Percent reaching an all time high of 9.6 Percent in January of 2005 and a record low of -8.4 Percent in January of 2009. In Latvia, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Latvia, Retail sales are seasonal, volatile and relatively important to the overall economy. This page includes a chart with historical data for Latvia Retail Sales.

source: Central Statistical Bureau of Latvia

Latvia Retail Sales YoY

Retail Sales in Latvia increased 8.80 percent in March of 2013 over the same month in the previous year. Retail Sales YoY in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1999 until 2013, Latvia Retail Sales YoY averaged 7.5 Percent reaching an all time high of 60.6 Percent in January of 1999 and a record low of -29.8 Percent in September of 2009. In Latvia, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page includes a chart with historical data for Latvia Annual Retail Sales.

source: Central Statistical Bureau of Latvia

Latvia Current Account

Latvia recorded a Current Account deficit of 31657 Thousand LVL in March of 2013. Current Account in Latvia is reported by the National Bank of Latvia. Historically, from 2000 until 2013, Latvia Current Account averaged -67066.5 Thousand LVL reaching an all time high of 249743.0 Thousand LVL in June of 2009 and a record low of -383920.0 Thousand LVL in July of 2007. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Latvia Current Account.

source: National Bank of Latvia

Latvia GDP Growth Rate

The Gross Domestic Product (GDP) in Latvia expanded 1.20 percent in the first quarter of 2013 over the previous quarter. GDP Growth Rate in Latvia is reported by the Latvijas statistika. Historically, from 1995 until 2013, Latvia GDP Growth Rate averaged 1.2 Percent reaching an all time high of 4.6 Percent in June of 1997 and a record low of -12.0 Percent in March of 2009. Latvia has one of the highest GDP growth rates in Europe, mostly driven by expansion in consumption and credit. The main industries are: synthetic fibers, agricultural machinery, fertilizers, radios, electronics, pharmaceuticals, processed foods, textiles and timber. Recovery in light industry and Riga's emergence as a regional financial and commercial center in the Baltic Sea region along with European Union accession in 2004 may be the key elements in the future expansion. This page includes a chart with historical data for Latvia GDP Growth Rate.

source: Latvijas statistika

Latvia GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Latvia expanded 3.10 percent in the first quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Latvia is reported by the Latvijas statistika. Historically, from 1996 until 2013, Latvia GDP Annual Growth Rate averaged 4.6 Percent reaching an all time high of 13.9 Percent in March of 1996 and a record low of -19.1 Percent in September of 2009. In Latvia, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. This page includes a chart with historical data for Latvia GDP Annual Growth Rate.

source: Latvijas statistika

Latvia Balance of Trade

Latvia recorded a trade deficit of 167.40 Million LVL in March of 2013. Balance of Trade in Latvia is reported by the Latvijas statistika. Historically, from 1995 until 2013, Latvia Balance of Trade averaged -122.2 Million LVL reaching an all time high of -15.4 Million LVL in February of 1995 and a record low of -391.6 Million LVL in July of 2007. Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page includes a chart with historical data for Latvia Balance of Trade.

source: Latvijas statistika

Latvia Inflation Rate

The inflation rate in Latvia was recorded at -0.40 percent in April of 2013. Inflation Rate in Latvia is reported by the Latvijas statistika. Historically, from 1998 until 2013, Latvia Inflation Rate averaged 4.6 Percent reaching an all time high of 17.7 Percent in May of 2008 and a record low of -4.3 Percent in February of 2010. In Latvia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page includes a chart with historical data for Latvia Inflation Rate.

source: Latvijas statistika

Latvia Export Prices

Export Prices in Latvia increased to 118.40 Index Points in the fourth quarter of 2012 from 116.80 Index Points in the third quarter of 2012. Export Prices in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1994 until 2012, Latvia Export Prices averaged 95.36 Index Points reaching an all time high of 150.90 Index Points in May of 2012 and a record low of 57.20 Index Points in February of 1994. In Latvia, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page includes a chart with historical data for Latvia Export Prices.

source: Central Statistical Bureau of Latvia

Latvia Exports

Exports in Latvia increased to 567.30 Million LVL in March of 2013 from 538.60 Million LVL in February of 2013. Exports in Latvia is reported by the Latvijas statistika. Historically, from 1993 until 2013, Latvia Exports averaged 210.35 Million LVL reaching an all time high of 696.50 Million LVL in November of 2012 and a record low of 37.30 Million LVL in January of 1994. Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. This page includes a chart with historical data for Latvia Exports.

source: Latvijas statistika

Latvia Employed Persons

Employed Persons in Latvia decreased to 898 Thousand Persons in the first quarter of 2013 from 902 Thousand Persons in the fourth quarter of 2012. Employed Persons in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1991 until 2013, Latvia Employed Persons averaged 1059.56 Thousand Persons reaching an all time high of 1404 Thousand Persons in February of 1991 and a record low of 858 Thousand Persons in February of 2012. In Latvia, employed persons are individuals with a minimum required age who work during a certain time for a business. This page includes a chart with historical data for Latvia Employed Persons.

source: Central Statistical Bureau of Latvia

Latvia Consumer Spending

Consumer Spending in Latvia increased to 1350.60 LVL Million in the fourth quarter of 2012 from 1329.06 LVL Million in the third quarter of 2012. Consumer Spending in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1995 until 2012, Latvia Consumer Spending averaged 1000.59 LVL Million reaching an all time high of 1636.19 LVL Million in November of 2007 and a record low of 468.34 LVL Million in February of 1995. This page includes a chart with historical data for Latvia Consumer Spending.

source: Central Statistical Bureau of Latvia

Latvia Consumer Price Index (CPI)

Consumer Price Index (CPI) in Latvia remained unchanged at 107 Index Points in April of 2013 from 107 Index Points in March of 2013. Consumer Price Index (CPI) in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1993 until 2013, Latvia Consumer Price Index (CPI) averaged 95.84 Index Points reaching an all time high of 148.90 Index Points in April of 2012 and a record low of 31.30 Index Points in January of 1993. In Latvia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page includes a chart with historical data for Latvia Consumer Price Index (CPI).

source: Central Statistical Bureau of Latvia

Latvia Capacity Utilization

Capacity Utilization in Latvia decreased to 72 percent in the second quarter of 2013 from 72.10 percent in the first quarter of 2013. Capacity Utilization in Latvia is reported by the European Commission. Historically, from 1993 until 2013, Latvia Capacity Utilization averaged 62.30 Percent reaching an all time high of 75.30 Percent in August of 2005 and a record low of 43.70 Percent in May of 1993. This page includes a chart with historical data for Latvia Capacity Utilization.

source: European Commission

Latvia Capital Flows

Capital Flows in Latvia decreased to -73717 LVL THO in the fourth quarter of 2012 from 134380 LVL THO in the third quarter of 2012. Capital Flows in Latvia is reported by the Bank of Latvia. Historically, from 1993 until 2012, Latvia Capital Flows averaged 151801.70 LVL THO reaching an all time high of 1021752 LVL THO in August of 2007 and a record low of -547362 LVL THO in May of 2009. In Latvia, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page includes a chart with historical data for Latvia Capital Flows.

source: Bank of Latvia

Latvia Interbank Rate

Interbank Rate in Latvia decreased to 0.10 percent in March of 2013 from 0.30 percent in January of 2013. Interbank Rate in Latvia is reported by the Bank of Latvia. Historically, from 1993 until 2013, Latvia Interbank Rate averaged 9.08 Percent reaching an all time high of 53.60 Percent in October of 1993 and a record low of 0.10 Percent in March of 2013. In Latvia, the interbank rate is the rate of interest charged on short-term loans made between banks. This page includes a chart with historical data for Latvia Interbank Rate.

source: Bank of Latvia

Latvia Import Prices

Import Prices in Latvia increased to 115.40 Index Points in the fourth quarter of 2012 from 115.30 Index Points in the third quarter of 2012. Import Prices in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1998 until 2012, Latvia Import Prices averaged 99.42 Index Points reaching an all time high of 143.90 Index Points in May of 2012 and a record low of 66.10 Index Points in May of 1999. In Latvia, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page includes a chart with historical data for Latvia Import Prices.

source: Central Statistical Bureau of Latvia

Latvia Imports

Imports in Latvia increased to 734.70 Million LVL in March of 2013 from 644.70 Million LVL in February of 2013. Imports in Latvia is reported by the Latvijas statistika. Historically, from 1993 until 2013, Latvia Imports averaged 321.06 Million LVL reaching an all time high of 832.40 Million LVL in October of 2012 and a record low of 36.90 Million LVL in September of 1993. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page includes a chart with historical data for Latvia Imports.

source: Latvijas statistika

Latvia Gross National Product

Gross National Product in Latvia increased to 4263.40 LVL Million in the fourth quarter of 2012 from 3982.90 LVL Million in the third quarter of 2012. Gross National Product in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1995 until 2012, Latvia Gross National Product averaged 2165.85 LVL Million reaching an all time high of 4263.40 LVL Million in November of 2012 and a record low of 607.90 LVL Million in February of 1995. This page includes a chart with historical data for Latvia Gross National Product.

source: Central Statistical Bureau of Latvia

Latvia Government Spending

Government Spending in Latvia increased to 302.60 LVL Million in the fourth quarter of 2012 from 247.63 LVL Million in the third quarter of 2012. Government Spending in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1995 until 2012, Latvia Government Spending averaged 265.19 LVL Million reaching an all time high of 378.49 LVL Million in November of 2008 and a record low of 192.58 LVL Million in February of 1997. This page includes a chart with historical data for Latvia Government Spending.

source: Central Statistical Bureau of Latvia

Latvia GDP Deflator

GDP Deflator in Latvia increased to 2.09 Index Points in the fourth quarter of 2012 from 2.03 Index Points in the third quarter of 2012. GDP Deflator in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1990 until 2012, Latvia GDP Deflator averaged 1.11 Index Points reaching an all time high of 2.11 Index Points in February of 2009 and a record low of 0.01 Index Points in February of 1990. This page includes a chart with historical data for Latvia GDP Deflator.

source: Central Statistical Bureau of Latvia

Latvia Unemployed Persons

Unemployed Persons in Latvia decreased to 102760 Thousand Persons in April of 2013 from 107063 Thousand Persons in March of 2013. Unemployed Persons in Latvia is reported by the State Employment Agency, Latvia. Historically, from 1993 until 2013, Latvia Unemployed Persons averaged 97030.74 Thousand Persons reaching an all time high of 194253 Thousand Persons in March of 2010 and a record low of 36690 Thousand Persons in January of 1993. In Latvia, unemployed persons are individuals who are without a job and actively seeking to work. This page includes a chart with historical data for Latvia Unemployed Persons.

source: State Employment Agency, Latvia

Latvia Producer Prices

Producer Prices in Latvia increased to 112.90 Index Points in March of 2013 from 112.80 Index Points in February of 2013. Producer Prices in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 2005 until 2013, Latvia Producer Prices averaged 132.79 Index Points reaching an all time high of 158.70 Index Points in December of 2012 and a record low of 97.40 Index Points in January of 2005. In Latvia, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page includes a chart with historical data for Latvia Producer Prices.

source: Central Statistical Bureau of Latvia

Latvia Money Supply M0

Money Supply M0 in Latvia increased to 2542.90 LVL Million in April of 2013 from 2530.70 LVL Million in March of 2013. Money Supply M0 in Latvia is reported by the Bank of Latvia. Historically, from 1992 until 2013, Latvia Money Supply M0 averaged 1045.94 LVL Million reaching an all time high of 2667.70 LVL Million in December of 2012 and a record low of 108.40 LVL Million in December of 1992. Latvia Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page includes a chart with historical data for Latvia Money Supply M0.

source: Bank of Latvia

Latvia Wages

Wages in Latvia increased to 366 LVL in December of 2012 from 340 LVL in November of 2012. Wages in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1997 until 2012, Latvia Wages averaged 206.17 LVL reaching an all time high of 385 LVL in December of 2008 and a record low of 79.57 LVL in January of 1997. In Latvia, wages are benchmarked using average monthly earnings. This page includes a chart with historical data for Latvia Wages.

source: Central Statistical Bureau of Latvia

Latvia Unemployment Rate

Unemployment Rate in Latvia decreased to 12.80 percent in the first quarter of 2013 from 13.80 percent in the fourth quarter of 2012. Unemployment Rate in Latvia is reported by the Latvijas statistika. Historically, from 2002 until 2013, Latvia Unemployment Rate averaged 11.91 Percent reaching an all time high of 20.70 Percent in March of 2010 and a record low of 5.40 Percent in December of 2007. In Latvia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Latvia Unemployment Rate.

source: Latvijas statistika

Latvia Money Supply M2

Money Supply M2 in Latvia decreased to 6570.50 LVL Million in March of 2013 from 6707.70 LVL Million in February of 2013. Money Supply M2 in Latvia is reported by the Bank of Latvia. Historically, from 2003 until 2013, Latvia Money Supply M2 averaged 5132.39 LVL Million reaching an all time high of 6707.70 LVL Million in February of 2013 and a record low of 2024.90 LVL Million in July of 2003. Latvia Money Supply M2 includes M1 plus short-term time deposits in banks. This page includes a chart with historical data for Latvia Money Supply M2.

source: Bank of Latvia

Latvia Money Supply M1

Money Supply M1 in Latvia decreased to 4750 LVL Million in March of 2013 from 4869.60 LVL Million in February of 2013. Money Supply M1 in Latvia is reported by the Bank Of Latvia. Historically, from 2003 until 2013, Latvia Money Supply M1 averaged 3277.79 LVL Million reaching an all time high of 4869.60 LVL Million in February of 2013 and a record low of 1479.30 LVL Million in August of 2003. This page includes a chart with historical data for Latvia Money Supply M1.

source: Bank Of Latvia

Latvia Foreign Exchange Reserves

Foreign Exchange Reserves in Latvia increased to 7478.60 USD Million in April of 2013 from 7423.24 USD Million in March of 2013. Foreign Exchange Reserves in Latvia is reported by the Bank of Latvia. Historically, from 1993 until 2013, Latvia Foreign Exchange Reserves averaged 2909.90 USD Million reaching an all time high of 8395.26 USD Million in October of 2010 and a record low of 350.16 USD Million in July of 1993. In Latvia, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page includes a chart with historical data for Latvia Foreign Exchange Reserves.

source: Bank of Latvia

Latvia Business Confidence

Business Confidence in Latvia decreased to -1.70 in April of 2013 from -0.50 in March of 2013. Business Confidence in Latvia is reported by the Latvijas statistika. Historically, from 2010 until 2013, Latvia Business Confidence averaged -4.87 reaching an all time high of 0.20 in March of 2012 and a record low of -11.50 in December of 2010. In Latvia, Industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page includes a chart with historical data for Latvia Business Confidence.

source: Latvijas statistika

Latvia Consumer Confidence

Consumer Confidence in Latvia decreased to -11.20 in April of 2013 from -10.70 in March of 2013. Consumer Confidence in Latvia is reported by the Latvijas statistika. Historically, from 2010 until 2013, Latvia Consumer Confidence averaged -19.46 reaching an all time high of -8.70 in January of 2013 and a record low of -30.80 in December of 2010. In Latvia, consumer confidence indicator measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Latvia Consumer Confidence.

source: Latvijas statistika

Latvia Industrial Production

Industrial Production in Latvia decreased 2.90 percent in March of 2013 over the same month in the previous year. Industrial Production in Latvia is reported by the Latvijas statistika. Historically, from 2001 until 2013, Latvia Industrial Production averaged 4.59 Percent reaching an all time high of 23.20 Percent in October of 2010 and a record low of -26 Percent in March of 2009. In Latvia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page includes a chart with historical data for Latvia Industrial Production.

source: Latvijas statistika

Latvia Car Registrations

Car Registrations in Latvia decreased to 2426 Cars in the first quarter of 2013 from 2806 Cars in the fourth quarter of 2012. Car Registrations in Latvia is reported by the Central Statistical Bureau of Latvia. Historically, from 1999 until 2013, Latvia Car Registrations averaged 3229.77 Cars reaching an all time high of 9388 Cars in June of 2007 and a record low of 1070 Cars in December of 2009. This page includes a chart with historical data for Latvia Car Registrations.

source: Central Statistical Bureau of Latvia

Latvia Government External Debt

Government External Debt in Latvia decreased to 21138.84 LVL Million in the fourth quarter of 2012 from 21154.39 LVL Million in the third quarter of 2012. Government External Debt in Latvia is reported by the Bank of Latvia. Historically, from 1995 until 2012, Latvia Government External Debt averaged 9616.19 LVL Million reaching an all time high of 21443.83 LVL Million in June of 2012 and a record low of 825.57 LVL Million in December of 1995. This page includes a chart with historical data for Latvia Government External Debt.

source: Bank of Latvia

Latvia External Debt

External Debt in Latvia decreased to 21138.84 LVL Million in the fourth quarter of 2012 from 21154.39 LVL Million in the third quarter of 2012. External Debt in Latvia is reported by the Bank of Latvia. Historically, from 1995 until 2012, Latvia External Debt averaged 9616.19 LVL Million reaching an all time high of 21443.83 LVL Million in June of 2012 and a record low of 825.57 LVL Million in December of 1995. In Latvia, external debt is a part of the total debt that is owed to creditors outside the country. This page includes a chart with historical data for Latvia External Debt.

source: Bank of Latvia

Latvia Interest Rate

The benchmark interest rate in Latvia was last recorded at 2.50 percent. Interest Rate in Latvia is reported by the National Bank of Latvia. Historically, from 2009 until 2013, Latvia Interest Rate averaged 3.7 Percent reaching an all time high of 6.0 Percent in February of 2009 and a record low of 2.5 Percent in September of 2012. In Latvia, interest rates decisions are taken by the Bank of Latvia Council (Latvijas Banka). The official interest rate is the Refinancing Rate. This page includes a chart with historical data for Latvia Interest Rate.

source: National Bank of Latvia

Latvia Government Debt To GDP

Latvia recorded a Government Debt to GDP of 40.70 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Latvia is reported by the Eurostat. Historically, from 1999 until 2012, Latvia Government Debt To GDP averaged 21.26 Percent reaching an all time high of 44.40 Percent in December of 2010 and a record low of 9 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Latvia Government Debt To GDP.

source: Eurostat

Latvia Government Budget

Latvia recorded a Government Budget deficit equal to 1.20 percent of the country's Gross Domestic Product in 2012. Government Budget in Latvia is reported by the Eurostat. Historically, from 1995 until 2012, Latvia Government Budget averaged -2.33 Percent of GDP reaching an all time high of 1.50 Percent of GDP in December of 1997 and a record low of -9.80 Percent of GDP in December of 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Latvia Government Budget.

source: Eurostat

Latvia Current Account to GDP

Latvia recorded a Current Account deficit of 2.50 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Latvia is reported by the Eurostat. Historically, from 1992 until 2012, Latvia Current Account to GDP averaged -5.82 Percent reaching an all time high of 11.90 Percent in December of 1993 and a record low of -22.50 Percent in December of 2006. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Latvia Current Account to GDP.

source: Eurostat

Latvia | Credit Rating

Standard & Poor's credit rating for Latvia stands at BBB. Moody's rating for Latvia sovereign debt is Baa3. Fitch's credit rating for Latvia is BBB. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Latvia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Latvia as reported by major credit rating agencies.

source:

Latvia Population

The total population in Latvia was last recorded at 2.2 million people in 2011 from 2.1 million in 1960, changing 4 percent during the last 50 years. Population in Latvia is reported by the the World Bank. Historically, from 1960 until 2011, Latvia Population averaged 2.4 Million reaching an all time high of 2.7 Million in December of 1989 and a record low of 2.1 Million in December of 1960. The population of Latvia represents 0.03 percent of the world´s total population which arguably means that one person in every 3142 people on the planet is a resident of Latvia. This page includes a chart with historical data for Latvia Population.

source: the World Bank

Latvia GDP

The Gross Domestic Product (GDP) in Latvia was worth 28.25 billion US dollars in 2011. The GDP value of Latvia represents 0.05 percent of the world economy. GDP in Latvia is reported by the the World Bank. Historically, from 1987 until 2011, Latvia GDP averaged 12.3 USD Billion reaching an all time high of 33.7 USD Billion in December of 2008 and a record low of 4.5 USD Billion in December of 1993. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Latvia GDP.

source: the World Bank

Latvia GDP per capita

The Gross Domestic Product per capita in Latvia was last recorded at 5330.57 US dollars in 2011. The GDP per Capita in Latvia is equivalent to 43 percent of the world's average. GDP per capita in Latvia is reported by the World Bank. Historically, from 1965 until 2011, Latvia GDP per capita averaged 3327.7 USD reaching an all time high of 6296.2 USD in December of 2007 and a record low of 1557.3 USD in December of 1965. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Latvia GDP per capita.

source: World Bank

datas from tradingeconomics.com

21 May 2013 ► Converter Latvian Lats ► Free online currency conversion based on exchange rates. Currency converter