Economic Indicators for Latvia | Sigmanomics | Sigmanomics

Economic Indicators for Latvia

Indicator	Last	Previous	Highest	Lowest	Unit
Retail Sales YoY	3.5	6.8	7	3.5	%
Producer Price Index YoY	2.6	3.3	3.5	2.6	%
Producer Price Index MoM	0.5	-0.1	0.5	-0.1
Current Account	-155	-345	-84	-345	B
Balance of Trade	-453.7	-476	-249	-476	B
Inflation Rate MoM	0.3	-0.7	0.5	-0.7	%
Inflation Rate YoY	3.2	2.6	3.5	2.6	%
Industrial Production MoM	0.1	-0.9	0.4	-0.9
Industrial Production YoY	-0.2	0.5	7	-0.2	%
Retail Sales MoM	-1.4	2.2	2.5	-1.4	M
GDP Growth Rate YoY	3	2.5	3	2.5	%
GDP Growth Rate QoQ	0.7	0.6	0.7	0.6	%
Gross Domestic Product YoY	3	3	3	3	%
Unemployment Rate	7	7.1	7.1	7	%
CPI YoY	2.6	3.4	3.5	2.6	%
CPI MoM	-0.7	0	0.5	-0.7
Labor force, total	972320	972320	1059945	952586
Consumer price index (2010 = 100)	154.57	154.57	154.57	104.37
Population, total	1881750	1881750	2059709	1879383
Imports of goods and services (% of GDP)	70.71	70.71	82.36	61.22	B
GDP (current US$)	43627078481.29	43627078481.29	43627078481.29	27263090547.06	B
Exports of goods and services (% of GDP)	66.97	66.97	77.47	61.8	B
Unemployment, total (% of total labor force) (national estimate)	6.46	6.46	16.21	6.31	%
Inflation, consumer prices (annual %)	8.94	8.94	17.31	-0.03	%
GDP growth (annual %)	-0.28	-0.28	7.04	-3.51	B
Current account balance (% of GDP)	-4.02	-4.02	2.96	-4.79	B
Unemployment with advanced education (% of total labor force with advanced education)	3.31	3.31	10.75	3.31	%
Fertility rate, total (births per woman)	1.47	1.47	1.74	1.33	%
Primary government expenditures as a proportion of original approved budget (%)	109.44	109.44	119.17	96.79
New businesses registered (number)	7929	7929	16948	7929
Hospital beds (per 1,000 people)	5.3	5.3	5.83	5.3
Human Capital Index (HCI) (scale 0-1)	0.71	0.71	0.74	0.71
Physicians (per 1,000 people)	3.34	3.34	3.34	3.11
Armed forces personnel, total	9000	9000	9000	5310
Time required to start a business (days)	5.5	5.5	15.5	5.5
Time required to build a warehouse (days)	192	192	218	176