Building permits in Latvia, December, 2019
The data series span the period from Q1 2010 to Q4 2019.
During that time, the average value for Latvia was
670 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 722, a change of -29.42% from the previous data point of
1023 building permits and a change of 0.98% from a year ago when the level was
715 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
* 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.