Latvia Economic Statistics and Indicators

22, May 2019, EDT. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Latvia
National or Regional Currency: Lats, LVL
Year of data: 1998 › Change year
Date of Last Update: 17th March 2015
Area: total: 64,589 sq km ; land: 62,249 sq km ; water: 2,340 sq km
Natural Resources: peat, limestone, dolomite, amber, hydropower, timber, arable land
Capital: name: Riga ; geographic coordinates: 56 57 N, 24 06 E ; time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
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GDP (Constant Prices, National Currency) for Latvia in year 1998 is LVL 11.43 Billion.

GDP Growth (Constant Prices, National Currency) for Latvia in year 1998 is 6.533 %.

GDP (Current Prices, National Currency) for Latvia in year 1998 is LVL 6.02 Billion.

GDP (Current Prices, US Dollars) for Latvia in year 1998 is US$ 7.175 Billion.

GDP Deflator for Latvia in year 1998 is 52.667 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Latvia in year 1998 is LVL 4,721.54 .

GDP Per Capita (Current Prices, National Currency) for Latvia in year 1998 is LVL 2,486.69 .

GDP Per Capita (Current Prices, US Dollars) for Latvia in year 1998 is US$ 2,964.06 .

GDP (PPP), US Dollars for Latvia in year 1998 is US$ 18.79 Billion.

GDP Per Capita (PPP), US Dollars for Latvia in year 1998 is US$ 7,761.80 .

GDP Share of World Total (PPP) for Latvia in year 1998 is 0.043 %.

Implied PPP Conversion Rate for Latvia in year 1998 is 0.32 .

Investment (% of GDP) for Latvia in year 1998 is 26.036 %.

Gross National Savings (% of GDP) for Latvia in year 1998 is 13.912 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Latvia in year 1998 is 52.654 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Latvia in year 1998 is 4.288 %.

Inflation, End of Year (Indexed to Year 2000) for Latvia in year 1998 is 52.92 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Latvia in year 1998 is 2.697 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Latvia in year 1998 is 20.357 %.

Import Volumes of Goods Only (Percent Change) for Latvia in year 1998 is 19.343 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Latvia in year 1998 is 8.422 %.

Export Volumes of Goods Only (Percent Change) for Latvia in year 1998 is 9.628 %.

Unemployment Rate (% of Labour Force) for Latvia in year 1998 is 13.958 %.

Employment for Latvia in year 1998 is 0.985 Million .

Population for Latvia in year 1998 is 2.421 Million .

General government revenue (National Currency) for Latvia in year 1998 is LVL 2.191 Billions.

General government revenue (% of GDP) for Latvia in year 1998 is 36.401 %.

General government total expenditure (National Currency) for Latvia in year 1998 is LVL 2.23 Billions.

General government total expenditure (% of GDP) for Latvia in year 1998 is 37.041 %.

Total Government Net Lending/ Borrowing (National Currency) for Latvia in year 1998 is LVL -0.039 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Latvia in year 1998 is -0.64 %.

General Government Structural Balance (National Currency) for Latvia in year 1998 is LVL n/a Billion.

General Government Structural Balance (% Potential GDP) for Latvia in year 1998 is n/a %.

Fiscal Year Gross Domestic Product, Current Prices for Latvia in year 1998 is LVL 6.02 Billions.

Current Account Balance (US Dollars) for Latvia in year 1998 is US$ -0.65 Billion.

Current Account Balance (% GDP) for Latvia in year 1998 is -9.052 %.