Economic growth, percent change in quarterly real GDP in Latvia, June, 2020
The latest data from Q2 2020 show economic growth of -9.8 percent,
which is a decrease from the rate of growth of -1.5 percent in the previous quarter and
a decrease compared to the growth rate of 1.97 percent in the same quarter last year.
The economic growth time series for Latvia cover the period from Q1 1996 to Q2 2020.
During that time span, the average growth rate for Latvia was
3.87 percent. The lowest rate of growth of -15.59 percent was recorded in Q3 2009 while the highest growth rate was 15.07 percent in Q1 2007.
See more information about that indicator and compare to other countries on our Economic growth page
* indicates monthly or quarterly data series
Source: Central Statistical Bureau of Latvia
Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.