Latvian GDP growth 4.2% in first quarter

Data compiled by the Central Statistical Bureau (CSB) show that in the 1st quarter of 2018, compared to the 1st quarter of 2017, the gross domestic product (GDP) (seasonally and calendar non-adjusted data) increased by 4.2 %. In the 1st quarter GDP at constant prices was EUR 6.32 billion.

As compared to the previous quarter, GDP (seasonally and calendar adjusted data) rose by 1.6 %.

The revised figures were very slightly below earlier estimates, but only by -0.1% for both annual and monthly growth.