Report for Selected Countries and Subjects: April 2020
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Gross domestic product per capita, constant prices
Purchasing power parity; percent change
5.133
2.505
-8.425
8.502
Latvia
Unemployment rate
Percent of total labor force
7.415
6.318
8.000
6.300
Latvia
General government net lending/borrowing
Percent of GDP
-0.740
-0.381
-5.169
-3.663
Latvia
Current account balance
Percent of GDP
-0.681
-0.535
-2.161
-1.458
Country
Subject Descriptor
Units
Scale
Country/Series-specific Notes
2018
2019
2020
2021
Estimates Start After
Latvia
Gross domestic product, constant prices
Percent change
Source: National Statistics Office
Latest actual data: 2019
National accounts manual used: European System of Accounts (ESA) 2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: Yes, from 1995
4.285
2.197
-8.608
8.285
2019
Latvia
Gross domestic product per capita, constant prices
Purchasing power parity; percent change
Source: National Statistics Office
Latest actual data: 2019
National accounts manual used: European System of Accounts (ESA) 2010
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2015
Chain-weighted: Yes, from 1995
5.133
2.505
-8.425
8.502
2019
Latvia
Unemployment rate
Percent of total labor force
Source: National Statistics Office
Latest actual data: 2019
Notes: Labor statistics are based on Labor Force Survey data, which were revised in 2011 in compliance with Population and Housing Census 2011 results; data before 2011 have not been revised yet.
Employment type: Harmonized ILO definition
Primary domestic currency: Euro
Data last updated: 04/2020
7.415
6.318
8.000
6.300
2019
Latvia
General government net lending/borrowing
Percent of GDP
Source: Ministry of Finance or Treasury
Latest actual data: 2019
Notes: Public debt covers debt of the general government excluding debt of the commercial companies and institutional units, reclassified by the Central Statistical Bureau (CSB) in the general government (central and local government) sector. It does not include liabilities in the form of other accounts payable.
Start/end months of reporting year: January/December
GFS Manual used: European System of Accounts (ESA) 2010
Basis of recording: Cash
General government includes: Central Government; Local Government; Social Security Funds;
Valuation of public debt: Nominal value
Instruments included in gross and net debt: Currency and Deposits; Securities Other than Shares; Loans
-0.740
-0.381
-5.169
-3.663
2019
Latvia
Current account balance
Percent of GDP
Source: Central Bank
Latest actual data: 2019
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
-0.681
-0.535
-2.161
-1.458
2019
International Monetary Fund, World Economic Outlook Database April 2020