Latvia: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 0.6 percent as of Q1 2026, a decline compared to the previous value of 0.7 percent. Historically, the average for Latvia from Q2 1995 to Q1 2026 is 0.84 percent. The minimum of -9.8 percent was recorded in Q2 2020, while the maximum of 10.5 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Latvia: Economic growth, quarterly |
|---|---|
| 2026 Q1 | 0.6 |
| 2025 Q4 | 0.7 |
| 2025 Q3 | 0.8 |
| 2025 Q2 | 0.4 |
| 2025 Q1 | 0.7 |
| 2024 Q4 | 0.4 |
| 2024 Q3 | 0.2 |
| 2024 Q2 | 0.6 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | -0.05 | 2024 | percent |
| GDP, constant dollars | 31.2 | 2025 | billion U.S. dollars |
| GDP, current U.S. dollars | 43.68 | 2024 | billion U.S. dollars |
| GDP per capita, current dollars | 26,311.97 | 2025 | U.S. dollars |
| GDP per capita, PPP | 37,612 | 2024 | U.S. dollars |
| GDP per capita, constant dollars | 16,374.77 | 2024 | U.S. dollars |
| Productivity, relative to the U.S. | 63.32 | 2022 | index points |
| Productivity, current USD | 58.8 | 2023 | USD per hour worked |
| Economic growth, quarterly | 2.50 | Q1/2026 | percent |
| Economic growth Q-on-Q | 0.60 | Q1/2026 | percent |
| Gross Domestic Product (GDP) | 9.86 | Q1/2026 | billion |