Makrognosis

Latvia economic data

48 official economic indicators for Latvia, collected directly from its statistical agency and central bank. Each one has a chart, the latest value and a free API.

GDP (Gross Domestic Product)8.0% y/yQ2 2026
Inflation Rate (CPI)3.1% y/yOct 2026
Core Inflation Rate3.2% y/yOct 2026
Unemployment Rate7.3%Sep 2026
Industrial Production2.9% y/ySep 2026
Retail Sales4.6% y/ySep 2026
Producer Price Inflation (PPI)3.8% y/ySep 2026
Current account balance, % of GDP−5.2%2025
Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EUR−108.0 € millionAug 2026

Consumption & Spending

Latvia Retail Sales 4.6% y/y · Sep 2026

External Sector

Latvia Net international investment position, % of GDP −17.9% · 2025

Government Finance

Latvia General government interest expenditure, EUR mn 90.50 € million · Q2 2026Latvia General government total revenue, EUR mn 4,801.9 € million · Q2 2026

Industry

Latvia Industrial Production 2.9% y/y · Sep 2026Latvia Producer Price Inflation (PPI) 3.8% y/y · Sep 2026Latvia Industrial production, capital goods (MIG) 7.0% y/y · Sep 2026Latvia Industrial production, consumer goods (MIG) 7.0% y/y · Sep 2026Latvia Industrial production, energy (except section E) (MIG) −20.9% y/y · Sep 2026Latvia Industrial production, intermediate goods (MIG) 3.8% y/y · Sep 2026

Labour & Employment

Latvia Unemployment Rate 7.3% · Sep 2026Latvia Youth unemployment rate (under 25), % of labour force, SA 16.5% · Sep 2026

Output & Production

Latvia GDP (Gross Domestic Product) 8.0% y/y · Q2 2026Latvia GDP in US Dollars 10.9% y/y · Q2 2026

Population

Latvia Population, 1 January 1,860,565 persons · 2025

Prices & Inflation

Latvia Inflation Rate (CPI) 3.1% y/y · Oct 2026Latvia Core Inflation Rate 3.2% y/y · Oct 2026Latvia GDP implicit deflator, 2010=100, seasonally and calendar adjusted 4.4% y/y · Q2 2026Latvia National CPI (IPC / Índice de Precios de Consumo) 3.1% y/y · Oct 2026Latvia National CPI inflation, y/y % as published (incl. flash/avance) 3.1% · Oct 2026Latvia National HICP (IPCA / Índice de Precios de Consumo Armonizado) 3.1% y/y · Oct 2026Latvia National HICP inflation, y/y % as published (incl. flash/avance) 3.1% · Oct 2026Latvia HICP: Alcohol, tobacco & narcotics (2025=100) 2.3% y/y · Sep 2026Latvia HICP: All-items excl. energy & seasonal food (2025=100) 0.9% y/y · Sep 2026Latvia HICP: All-items excl. energy & unprocessed food (2025=100) 1.6% y/y · Oct 2026Latvia HICP: All-items excl. energy (2025=100) 1.0% y/y · Oct 2026Latvia HICP: All-items excl. tobacco (2025=100) 2.8% y/y · Sep 2026Latvia HICP: Clothing & footwear (2025=100) −0.4% y/y · Sep 2026Latvia HICP: Education services (2025=100) 1.8% y/y · Sep 2026Latvia HICP: Energy (2025=100) 16.2% y/y · Oct 2026Latvia HICP: Food & non-alcoholic beverages (2025=100) −4.8% y/y · Sep 2026Latvia HICP: Food (2025=100) −3.0% y/y · Oct 2026Latvia HICP: Furnishings & household equipment (2025=100) 1.8% y/y · Sep 2026Latvia HICP: Health (2025=100) 3.0% y/y · Sep 2026Latvia HICP: Housing, water, electricity & fuels (2025=100) 7.3% y/y · Sep 2026Latvia HICP: Industrial goods (2025=100) 6.8% y/y · Sep 2026Latvia HICP: Information & communication (2025=100) 1.4% y/y · Sep 2026Latvia HICP: Insurance & financial services (2025=100) 6.8% y/y · Sep 2026Latvia HICP: Non-energy industrial goods (2025=100) 1.6% y/y · Oct 2026Latvia HICP: Personal care & misc. goods/services (2025=100) 3.7% y/y · Sep 2026Latvia HICP: Recreation, sport & culture (2025=100) 5.4% y/y · Sep 2026Latvia HICP: Restaurants & accommodation (2025=100) 3.2% y/y · Sep 2026Latvia HICP: Total goods (2025=100) 2.4% y/y · Sep 2026Latvia HICP: Total services (2025=100) 4.5% y/y · Oct 2026Latvia HICP: Transport (2025=100) 12.8% y/y · Sep 2026Latvia HICP: Unprocessed food (2025=100) −6.5% y/y · Oct 2026

Trade

Latvia Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EUR −108.0 € million · Aug 2026Latvia Current account balance, % of GDP −5.2% · 2025