Latvia GDP Growth Rate
2.5%▼ −0.13 pt
Mar 2026 · Quarterly
Latvia's real GDP grew 2.456% year-on-year in the first quarter of 2026, easing from a 2.584% expansion in the previous quarter. The reading remains well above the recent trough of -2.067% recorded in the first quarter of 2024, but is far below the all-time high of 14.952% seen in the first quarter of 2007. The series dates back to the first quarter of 1996.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.5% | 2.6% | 15.0%Mar 2007 | -17.9%Sep 2009 | 1996 – 2026 | Quarterly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| GDP | $48.6B | $44.0B | $48.6B | $5.6B | Dec 2025 | Annual |
| Industrial Production | 4.7% | -3.3% | 16.7% | -21.8% | Dec 2025 | Annual |
About this series
GDP Growth Rate in Latvia averaged 3.5% from 1996 until 2026, reaching an all-time high of 15.0% in Mar 2007 and a record low of -17.9% in Sep 2009. The series is reported quarterly with history from 1996.
Real GDP growth measures the annual change in the inflation-adjusted value of all goods and services produced in Latvia. The indicator is reported quarterly as a percentage change from the same quarter one year earlier. The data series begins in the first quarter of 1996.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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