Latvia: Building permits

(measure: building permits, source: Central Statistical Bureau of Latvia)
* indicates monthly or quarterly data series

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.
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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.
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