Latvia LV: GDP: Gross Value Added at Basic Prices

1995 - 2024 | Yearly | EUR mn | World Bank

Latvia LV: GDP: Gross Value Added at Basic Prices data was reported at 35,167.637 EUR mn in 2024. This records an increase from the previous number of 34,788.163 EUR mn for 2023. Latvia LV: GDP: Gross Value Added at Basic Prices data is updated yearly, averaging 16,574.770 EUR mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 35,167.637 EUR mn in 2024 and a record low of 3,479.595 EUR mn in 1995. Latvia LV: GDP: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Latvia – Table LV.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

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Latvia Latvia LV: GDP: Gross Value Added at Basic Prices

What was Latvia's Latvia LV: GDP: Gross Value Added at Basic Prices in 2024?

Last	Previous	Min	Max	Unit	Frequency	Range
35,167.637 2024	34,788.163 2023	3,479.595 1995	35,167.637 2024	EUR mn	yearly	1995 - 2024

Related Indicators for Latvia LV: GDP: Gross Value Added at Basic Prices

Related indicators	Last	Frequency	Range
Latvia LV: GDP: Gross Value Added at Basic Prices (EUR mn)	35,167.637 2024	yearly	1995 - 2024
Latvia LV: Gross National Income: Linked Series (EUR mn)	40,433.950 2023	yearly	1990 - 2023
Latvia LV: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Ser... (EUR mn)	24,668.333 2023	yearly	1994 - 2023
Latvia LV: GDP: USD: Gross Value Added at Basic Price (USD mn)	38,064.763 2024	yearly	1995 - 2024
Latvia LV: GDP: USD: Gross Value Added at Basic Price: Industry (including Const... (USD mn)	8,077.652 2024	yearly	1995 - 2024

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Latvia Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	49,984.890 2027	yearly	1992 - 2027
Forecast: Nominal GDP Per Capita (USD)	33,119.532 2028	yearly	1992 - 2028
Forecast: Real GDP Growth (%)	3.377 2027	yearly	1993 - 2027
GDP Deflator Growth (%)	5.9 Sep 2025	quarterly	Mar 1996 - Sep 2025
GDP per Capita (USD)	23,407.484 2024	yearly	1995 - 2024
Gross Fixed Capital Formation (USD mn)	3,357.758 Sep 2025	quarterly	Mar 1995 - Sep 2025
Gross National Product (GNP) (USD mn)	12,903.594 Sep 2025	quarterly	Mar 1995 - Sep 2025
Gross Savings Rate (%)	21.4 Sep 2025	quarterly	Mar 1995 - Sep 2025
Investment: % of GDP (%)	25.5 Sep 2025	quarterly	Mar 1992 - Sep 2025
Nominal GDP (USD mn)	12,499.0 Sep 2025	quarterly	Mar 1995 - Sep 2025
Nominal GDP Growth (%)	7.758 Sep 2025	quarterly	Mar 1996 - Sep 2025
Private Consumption Expenditure (USD mn)	7,595.895 Sep 2025	quarterly	Mar 1995 - Sep 2025
Private Consumption: % of GDP (%)	58.1 Sep 2025	quarterly	Mar 1995 - Sep 2025
Public Consumption Expenditure (USD mn)	2,682.213 Sep 2025	quarterly	Mar 1995 - Sep 2025
Public Consumption: % of GDP (%)	20.5 Sep 2025	quarterly	Mar 1992 - Sep 2025
Real GDP Growth (%)	1.8 Sep 2025	quarterly	Mar 1996 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%)	129.057 Sep 2025	quarterly	Mar 1992 - Sep 2025

Production	Last	Frequency	Range
Industrial Production Index Growth (%)	6.1 Sep 2025	monthly	Jan 2001 - Sep 2025
Minerals Production (Metric Ton)	348,070.000 2023	yearly	2009 - 2023

Sales, Orders, Inventory & Shipments	Last	Frequency	Range
New Orders Growth (%)	-5.7 Dec 2012	monthly	Jan 2006 - Dec 2012

Construction and Properties	Last	Frequency	Range
Building Permits (Unit)	1,198.000 Sep 2025	quarterly	Mar 2003 - Sep 2025
House Prices Growth (%)	6.7 Jun 2025	quarterly	Mar 2007 - Jun 2025
Nominal Residential Property Price Index (2010=100)	261.620 Jun 2025	quarterly	Mar 2006 - Jun 2025
Nominal Residential Property Price Index Growth (%)	6.740 Jun 2025	quarterly	Mar 2007 - Jun 2025
Real Residential Property Price Index (2010=100)	160.500 Jun 2025	quarterly	Mar 2006 - Jun 2025
Real Residential Property Price Index Growth (%)	2.865 Jun 2025	quarterly	Mar 2007 - Jun 2025

Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-1.7 Jun 2025	quarterly	Dec 1999 - Jun 2025
Forecast: Government Expenditure (EUR bn)	24.710 2030	yearly	1998 - 2030
Forecast: Government Net Debt (EUR bn)	29.376 2030	yearly	1998 - 2030
Forecast: Government Revenue (EUR bn)	22.340 2030	yearly	1998 - 2030
Government Debt: % of GDP (%)	48.0 Jun 2025	quarterly	Mar 2000 - Jun 2025
National Government Debt (USD mn)	23,276.2 Jun 2025	quarterly	Mar 2000 - Jun 2025
Tax Revenue (USD mn)	2,851.008 Jun 2025	quarterly	Mar 1999 - Jun 2025
Consolidated Fiscal Balance (USD mn)	282.710 Jun 2025	quarterly	Mar 1999 - Jun 2025
Tax Revenue: % of GDP (%)	23.6 Jun 2025	quarterly	Mar 1999 - Jun 2025

More Indicators for Latvia

Indicators	Last	Frequency	Range
Latvia Consumer Price Index (CPI): 2000=100: FB: Food: Vegetables and Potatoes (2000=100)	274.00 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: FB: Food: Sugar and Sweets (2000=100)	197.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: FB: Food: Others (2000=100)	181.10 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: FB: Non Alcoholic Beverages (2000=100)	172.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: FB: Non Alcoholic Beverages: Tea an... (2000=100)	170.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: FB: Non Alcoholic Beverages: Soft D... (2000=100)	173.80 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Alcoholic Beverages and Tobacco (2000=100)	300.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Alcoholic Beverages and Tobacco: Al... (2000=100)	179.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Alcoholic Beverages and Tobacco: To... (2000=100)	605.50 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear (2000=100)	104.10 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Clothing (2000=100)	99.20 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Clothing: Cl... (2000=100)	93.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Clothing: Ga... (2000=100)	95.10 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Clothing: Cl... (2000=100)	141.70 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Clothing: Se... (2000=100)	221.90 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Footwear and... (2000=100)	118.00 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Footwear and... (2000=100)	114.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Clothing and Footwear: Footwear and... (2000=100)	210.40 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: HW: Rent (2000=100)	195.60 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: HW: Maintenance and Repair of the D... (2000=100)	140.80 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: HW: Water Supply and Miscellaneous ... (2000=100)	355.20 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: HW: Electricity, Gas and Other Fuel... (2000=100)	297.90 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: HW: Electricity, Gas and Other Fuel... (2000=100)	272.10 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: HW: Electricity, Gas and Other Fuel... (2000=100)	332.50 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: HW: Electricity, Gas and Other Fuel... (2000=100)	236.20 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Furnishings, Household Equipment an... (2000=100)	116.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: FH: Furniture and Floor Coverings (2000=100)	111.50 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: FH: Dishes and Kitchenware (2000=100)	122.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Health: Medical Products (2000=100)	200.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Health: Out Patient Services (2000=100)	349.40 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Transport: Operation of Personal Tr... (2000=100)	199.60 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Transport: Operation of Personal Tr... (2000=100)	222.10 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Communication (2000=100)	62.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Communication: Postal Services (2000=100)	227.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Communication: Telephone Equipment (2000=100)	12.60 Apr 2018	monthly	Jan 2000 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Communication: Telephone Services (2000=100)	65.70 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: Audio Visual, Photographic and ... (2000=100)	32.10 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: Other Recreation Items and Equi... (2000=100)	129.40 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: OR: Games, Toys and Hobbies (2000=100)	93.50 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: OR: Equipment for Sports and Re... (2000=100)	68.40 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: OR: Gardens, Plants and Flowers (2000=100)	158.40 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: OR: Pets (2000=100)	152.30 Apr 2018	monthly	Jan 2001 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: Recreational and Cultural Servi... (2000=100)	228.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: RC: Tourism (2000=100)	227.70 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Education: Higher Education Institu... (2000=100)	341.20 Apr 2018	monthly	Jan 1997 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Education: Training Courses for Fee (2000=100)	219.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Hotels, Cafes and Restaurants (2000=100)	238.30 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Hotels, Cafes and Restaurants: Cate... (2000=100)	240.50 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Hotels, Cafes and Restaurants: Acco... (2000=100)	142.60 Apr 2018	monthly	Jan 1997 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: Miscellaneous Goods and Services (M... (2000=100)	189.60 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: MG: Hairdressing Salons and Persona... (2000=100)	271.40 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: MG: Appliances and Products for Per... (2000=100)	130.80 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: MG: Other Personal Effects (2000=100)	135.40 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: MG: Insurance (2000=100)	215.60 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: MG: Financial Services (2000=100)	501.30 Apr 2018	monthly	Jan 1997 - Apr 2018
Latvia Consumer Price Index (CPI): 2000=100: MG: Others (2000=100)	295.10 Apr 2018	monthly	Jan 1996 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Goods and Services (%)	2.00 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Goods and Services: ... (%)	1.50 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Goods and Services: ... (%)	1.20 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Goods and Services: ... (%)	1.70 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Goods and Services: ... (%)	3.30 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Food and Non Alcohol... (%)	0.30 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food (%)	0.50 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Bread and ... (%)	0.60 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Bread and ... (%)	1.40 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Meat and M... (%)	2.10 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Meat and M... (%)	0.00 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Fish and F... (%)	1.60 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Milk, Chee... (%)	5.50 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Milk, Chee... (%)	12.20 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Oils and F... (%)	5.70 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Fruit (%)	4.60 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Vegetables... (%)	-11.40 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Sugar and ... (%)	-7.20 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Sugar and ... (%)	-36.50 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Food: Others (%)	0.40 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Non Alcoholic Be... (%)	-1.60 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Non Alcoholic Be... (%)	-4.90 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: FB: Non Alcoholic Be... (%)	3.00 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Alcoholic Beverages ... (%)	3.60 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Alcoholic Beverages ... (%)	3.70 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Alcoholic Beverages ... (%)	3.30 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	1.10 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	0.20 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	1.90 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	0.30 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	-1.90 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	3.00 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	3.90 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	3.90 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Clothing and Footwea... (%)	2.00 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: Housing, Water, Elec... (%)	3.10 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Rent (%)	0.90 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Maintenance and ... (%)	1.60 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Water Supply and... (%)	3.30 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Electricity, Gas... (%)	3.50 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Electricity, Gas... (%)	0.00 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Electricity, Gas... (%)	1.10 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Electricity, Gas... (%)	17.50 Apr 2018	monthly	Jan 1998 - Apr 2018
Latvia Consumer Price Index (CPI): % Change of Same Mth PY: HW: Electricity, Gas... (%)	1.30 Apr 2018	monthly	Jan 1998 - Apr 2018

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