Nominal GDP for Latvia was US$38.9bn in 2021, down from US$33.5bn in 2020. The Latvian population was estimated at 1.9m in 2021 according to the IMF, while Lithuania is Latvia’s biggest trading partner.
Variables Surveyed for Latvia
Variables covered in our monthly analysis of Latvia include:
Consensus Forecasts for Latvia
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the IMF, OECD, and European Commission. The table below shows a small example set of forecasts for GDP Growth and Consumer Prices (CPI), taken from our survey of September 2022.
Source: Eastern Europe Conensus Forecasts, September 2022