Building permits in Latvia, Q1 2010 - Q1 2022:
The data series span the period from Q1 2010 to Q1 2022.
During that time, the average value for Latvia was
694 building permits with a minumum of 163 building permits
in Q1 2011 and a maximum of 1047 building permits in Q3 2017.
The latest number is 697, a change of -11.1% from the previous data point of
784 building permits and a change of 1.9% from a year ago when the level was
684 building permits.
The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown.
See more information about that indicator on our Building permits page
Longer historical series
* indicates monthly or quarterly data series
Measure: building permits
Source: Central Statistical Bureau of Latvia
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.