Latvia: Industrial production
* indicates monthly or quarterly data series
The most recent value is -6 percent as of December 2024, a decline compared to the previous value of -4.2 percent. Historically, the average for Latvia from January 2001 to December 2024 is 3.08 percent. The minimum of -26 percent was recorded in March 2009, while the maximum of 23.2 percent was reached in October 2010.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Latvia: Industrial production, annual percent change |
|---|---|
| 2024 Dec | -6 |
| 2024 Nov | -4.2 |
| 2024 Oct | -1.8 |
| 2024 Sep | -2 |
| 2024 Aug | 0.6 |
| 2024 Jul | 1.6 |
| 2024 Jun | -5.5 |
| 2024 May | -0.5 |
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Definition: The indicator shows the percent change in the index of industrial production from the same month last year. Industrial production includes mining and quarrying, manufacturing, and electricity production.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -6.00 | 12/2024 | percent |
| Retail sales | 105.00 | 12/2024 | index points |
| Retail sales Y-on-Y | 2.44 | 12/2024 | percent |
| House price index | 253.72 | Q3/2024 | index points |
| Real residential property prices Y-on-Y change | 4.37 | Q3/2024 | percent |
| Business confidence survey | -3.01 | 11/2024 | points |
| Consumer confidence survey | -16.10 | 1/2025 | points |