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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
LatviaLatvia GDP Growth Rate QoQ fell to 0.6% in Q1 2026
FMPQuarterlyReleased May 2026
Latvia GDP Growth Rate QoQ fell to 0.6% in Q1 2026, released May 2026, down 0.1% from December's 0.7% reading. The reading missed the 0.7% consensus by 0.1%. The print is running well above the 12-month average of 0.13%. GDP Growth Rate QoQ is now the highest in 22 months.
Latest Release
0.6
Actual
0.7
Consensus
0.7
Previous
Median Absolute Error
±0.45 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 0.7
Actual: 0.6
Error: +0.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth Rate QoQ (Latvia) was reported at 0.6% in May 2026. This missed the market consensus of 0.7% by 0.1%. The reading fell from the previous value of 0.7%. Trailing 12-month context per ETL data through May 2026.
WHY IT MATTERS
The trailing three releases averaged 0.6%, up from the prior three at 0.13%. In May readings over the past 3 years, GDP Growth Rate QoQ has averaged 0.47%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 12 releases, the Sigmacast model's median absolute error is 0.45%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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GDP Growth Rate QoQ - LV
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About GDP Growth Rate QoQ — Latvia
DEFINITION
The GDP Growth Rate QoQ (Quarter over Quarter) is a key economic indicator that measures the percentage change in a country's gross domestic product from one quarter to the next. It provides valuable insight into the overall health and growth of the economy, and is closely monitored by investors, policymakers, and businesses to make informed decisions. A positive GDP Growth Rate QoQ indicates a growing economy, while a negative rate suggests a decline. This indicator is an important tool for assessing the current state and predicting future trends of a country's economy.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 0.6 %, consensus 0.7 %. Prior reading (Oct 2025): 0.6 %. Before that (Jul 2025): 0.6 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection.