Makrognosis

Latvia GDP (Gross Domestic Product)

QuarterlyNominalCode LV.GDP.Q.NOM

Latest (y/y)8.0%Q2 2026
Previous (y/y)5.8%Q1 2026
Level11,663 Current prices, million EURQ2 2026

Latvia GDP (Gross Domestic Product) was up 8.0% year on year in Q2 2026, compared with 5.8% in Q1 2026.

The level stood at 11,663 Current prices, million EUR.

Among the 60 economies Makrognosis covers on this measure, it is the 7th highest.

Over the past ten years it has ranged from −6.8% (Q2 2020) to 16.3% (Q1 2023), averaging 6.5%.

Latvia GDP (Gross Domestic Product), annual % change, Q1 1996 – Q2 2026−40%−20%0%20%40%200020052010201520202025Robomacro
Latvia GDP (Gross Domestic Product), annual % change, Q1 1996 – Q2 2026. Source: Eurostat (Statistical Office of the European Union).
Latvia GDP (Gross Domestic Product), level (Current prices, million EUR)02,5005,0007,50010.0k12.5k1995200020052010201520202025Robomacro
Latvia GDP (Gross Domestic Product), level (Current prices, million EUR).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 202611,663 Current prices, million EUR8.0
Q1 202611,173 Current prices, million EUR5.8
Q4 202511,297 Current prices, million EUR9.1
Q3 202510,936 Current prices, million EUR6.7
Q2 202510,795 Current prices, million EUR5.7
Q1 202510,558 Current prices, million EUR2.7
Q4 202410,358 Current prices, million EUR3.5
Q3 202410,246 Current prices, million EUR4.9
Q2 202410,217 Current prices, million EUR5.0
Q1 202410,284 Current prices, million EUR3.1
Q4 202310,008 Current prices, million EUR8.0
Q3 20239,770.0 Current prices, million EUR5.8
Q2 20239,729.0 Current prices, million EUR9.8
Q1 20239,976.8 Current prices, million EUR16.3
Q4 20229,271.2 Current prices, million EUR8.7
Q3 20229,236.0 Current prices, million EUR12.1
Q2 20228,860.4 Current prices, million EUR12.8
Q1 20228,578.2 Current prices, million EUR13.4
Q4 20218,529.6 Current prices, million EUR14.1
Q3 20218,239.1 Current prices, million EUR11.5
Q2 20217,855.2 Current prices, million EUR14.5
Q1 20217,561.3 Current prices, million EUR0.9
Q4 20207,473.7 Current prices, million EUR1.0
Q3 20207,391.2 Current prices, million EUR−1.0

Last 24 observations. The full history (126 observations) is available through the API.

Get Latvia GDP (Gross Domestic Product) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/LV.GDP.Q.NOM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/LV.GDP.Q.NOM",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1995
Observations126
FrequencyQuarterly
UnitsCurrent prices, million EUR
AdjustmentNominal
10-year high16.3% (Q1 2023)
10-year low−6.8% (Q2 2020)
10-year average6.5%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeLV.GDP.Q.NOM

GDP (Gross Domestic Product): how Latvia compares

#EconomyPeriodLatest
1TaiwanQ2 202612.9%
2KosovoQ1 20269.7%
3LithuaniaQ3 20269.3%
4SloveniaQ2 20268.4%
5North MacedoniaQ2 20268.3%
6LuxembourgQ2 20268.2%
7LatviaQ2 20268.0%
8IndiaQ2 20267.8%
9CroatiaQ2 20267.8%
10IsraelQ2 20267.5%
11CyprusQ2 20267.5%
12PhilippinesQ3 20267.4%
13MaltaQ2 20266.5%

GDP (Gross Domestic Product) by country: all 60 economies ranked →

Other Latvia indicators

Latvia Inflation Rate (CPI)Latvia Core Inflation RateLatvia Unemployment RateLatvia Industrial ProductionLatvia Retail SalesLatvia Producer Price Inflation (PPI)Latvia Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EURLatvia Current account balance, % of GDPLatvia GDP implicit deflator, 2010=100, seasonally and calendar adjustedLatvia GDP in US DollarsLatvia General government interest expenditure, EUR mnLatvia General government total revenue, EUR mnLatvia National CPI (IPC / Índice de Precios de Consumo)Latvia National CPI inflation, y/y % as published (incl. flash/avance)Latvia National HICP (IPCA / Índice de Precios de Consumo Armonizado)Latvia National HICP inflation, y/y % as published (incl. flash/avance)

FAQ

What is the current gDP (Gross Domestic Product) in Latvia?
The latest reading is 8.0% year on year for Q2 2026, published by Eurostat (Statistical Office of the European Union).
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code LV.GDP.Q.NOM.

Last updated 2026-11-08. Source: Eurostat (Statistical Office of the European Union). Original title: “Latvia GDP at current prices, SA (Eurostat namq_10_gdp)”.