Economic Indicators for Latvia


LastPreviousHighestLowestUnit
Current account balance-4.02-4.797.80-20.96Percentage of GDP
Consumer price Index154.57141.89154.571.13
Inflation ( exchange rates & prices )8.9417.31951.70-1.08Percentage (%)
Central Government Debt10.590.0010.5910.59% of GDP
Budget ( government finance )109.44106.07119.1796.48
Human Capital Index0.710.740.740.68Scale, 0-1
New businesses registered7,929.008,532.0016,948.007,264.00Number
Time required to start a business5.505.5016.005.50Days
Time required to build a warehouse192.00192.00220.00176.00Days
Armed forces Personnel9,000.006,000.0017,000.004,600.00Total
Exports of goods and services66.9777.4777.4735.68Percentage (% of GDP)
Imports of goods and services70.7182.3682.3640.57Percentage (% of GDP)
GDP4440446USD Billions
GDP Growth-0.282.9511.97-32.12Percentage (%)
Hospital beds5.305.4214.315.30Per 1,000 people
Physicians3.353.264.182.66Per 1,000 people
Labor force972,320.00965,425.001,224,992.00952,586.00Total
Unemployment with advanced education3.313.7410.753.31Percentage (%)
Fertility rate1.471.572.151.09Total
Population2232Thousands