Converter Latvian Lats (exchange rate LVL)

Latvian Lats

• iso 4217: LVL
• Latvia (Europe)

Latvia Business Confidence

In Latvia, business confidence declined to -1.7 in April of 2012 from 0.2 in March of 2012. In Latvia, Industrial confidence indicator measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do. This page includes a chart with historical data for Latvia's Business Confidence.

source: Latvijas statistika

Latvia Unemployment Rate

The unemployment rate in Latvia was last reported at 14.3 percent in the fourth quarter of 2011. This page includes a chart with historical data for Latvia's Unemployment Rate.

source: Latvijas statistika

Latvia Balance of Trade

Latvia reported a trade deficit equivalent to 150 Millions LVL in March of 2012. Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page includes a chart with historical data for Latvia's Balance of Trade.

source: Latvijas statistika

Latvia Inflation Rate

The inflation rate in Latvia was last reported at 2.8 percent in April of 2012. This page includes a chart with historical data for Latvia's Inflation Rate.

source: Latvijas statistika

Latvia Imports

Latvia imports were worth 696 Millions LVL in March of 2012. Latvia imports machinery and equipment, chemicals, fuels and vehicles. Main import partners are Lithuania, Germany, Russia, Poland and Estonia. This page includes a chart with historical data for Latvia's Imports.

source: Latvijas statistika

Latvia Exports

Latvia exports were worth 546 Millions LVL in March of 2012. Latvia exports mainly wood and wood products, machinery and equipment, iron and steel, textiles and foodstuffs. Latvia's main export partners are Lithuania, Russia, Estonia, Germany and Sweden. This page includes a chart with historical data for Latvia's exports.

source: Latvijas statistika

Latvia Interest Rate

The benchmark interest rate in Latvia was last reported at 3.5 percent. In Latvia, interest rates decisions are taken by the Bank of Latvia Council (Latvijas Banka). The official interest rate is the Refinancing Rate. This page includes a chart with historical data for Latvia's Interest Rate.

source: National Bank of Latvia

Latvia Current Account

Latvia reported a current account surplus equivalent to 46 Million LVL in the fourth quarter of 2011. This page includes a chart with historical data for Latvia's Current Account.

source: National Bank of Latvia

Latvia Consumer Confidence

In Latvia, consumer confidence declined to -20.7 in April of 2012 from -18.8 in March of 2012. In Latvia, consumer confidence indicator measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page includes a chart with historical data for Latvia's Consumer Confidence.

source: Latvijas statistika

Latvia GDP Growth Rate

The Gross Domestic Product (GDP) in Latvia expanded 1 percent in the first quarter of 2012 over the previous quarter. Historically, from 1995 until 2011, Latvia's average quarterly GDP Growth was 1.12 percent reaching an historical high of 4.60 percent in June of 1997 and a record low of -12.00 percent in March of 2009. Latvia has one of the highest GDP growth rates in Europe, mostly driven by expansion in consumption and credit. The main industries are: synthetic fibers, agricultural machinery, fertilizers, radios, electronics, pharmaceuticals, processed foods, textiles and timber. Recovery in light industry and Riga's emergence as a regional financial and commercial center in the Baltic Sea region along with European Union accession in 2004 may be the key elements in the future expansion. This page includes: Latvia GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Latvia GDP Annual Growth Rate, which measures growth over a full economic year.

source: Latvijas statistika

Latvia GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Latvia expanded 6.8 percent in the first quarter of 2011 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 1996 until 2011, Latvia's average annual GDP Growth was 4.54 percent reaching an historical high of 13.90 percent in March of 1996 and a record low of -19.10 percent in September of 2009. This page includes: Latvia Annual GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Latvia GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: Latvijas statistika

Latvia Industrial Production

Industrial Production in Latvia expanded 8.5 percent in March of 2012. This page includes a chart with historical data for Latvia's Industrial Production.

source: Latvijas statistika

Latvia Retail Sales

Retail Sales in Latvia increased 0.5 percent in March of 2012 over the previous month. From 2000 until 2011, Latvia's average Retail Sales was 0.44 percent reaching an historical high of 9.60 percent in January of 2005 and a record low of -8.40 percent in January of 2009. This page includes a chart with historical data for Latvia's Retail Sales.

source: Eurostat

Latvia Annual Retail Sales

Retail Sales in Latvia increased 10 percent in March of 2012 over the previous year. From 1999 until 2011, Latvia's average Retail Sales was 7.29 percent reaching an historical high of 60.60 percent in January of 1999 and a record low of -29.80 percent in September of 2009. This page includes a chart with historical data for Latvia's Retail Sales.

source: Eurostat

Latvia Government Debt To GDP

The Government Debt in Latvia was last reported at 42.6 percent of the country´s GDP. From 1999 until 2010, Latvia's average Government Debt to GDP was 17.92 percent reaching an historical high of 44.70 percent in December of 2010 and a record low of 9.00 percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure Latvia's ability to make future payments on its debt, thus affecting Latvia's borrowing costs and government bond yields. This page includes a chart with historical data for Latvia's General Government Gross Debt as a percent of GDP.

source: Eurostat

Latvia Government Budget

Latvia reported a government budget deficit equivalent to 3.5 percent of the Gross Domestic Product (GDP) in 2011. This page includes a chart with historical data for Latvia's Government Budget.

source: Eurostat

Latvia GDP per capita

The GDP per capita in Latvia was last reported at 5002 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in Latvia standed at 4993 US dollars in December of 2009. The GDP per capita in Latvia is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1965 until 2010, Latvia's average GDP Per Capita was 3284.12 dollars reaching an historical high of 6296.23 dollars in December of 2007 and a record low of 1557.31 dollars in December of 1965. This page includes a chart with historical data for Latvia's GDP Per Capita.

source: World Bank

Latvia GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in Latvia was last reported at 16312 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in Latvia standed at 16166 US dollars in December of 2009. The GDP per capita PPP in Latvia is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1980 until 2010, Latvia's average GDP per capita PPP was 8684.47 dollars reaching an historical high of 18104.60 dollars in December of 2008 and a record low of 4234.70 dollars in December of 1980. This page includes a chart with historical data for Latvia's GDP per capita PPP.

source: World Bank

Latvia Population

The total population in Latvia was last reported at 2.2 million people in 2010 from 2.1 million in 1960, changing 6 percent during the last 50 years. Latvia has 0.03 percent of the world´s total population which means that one person in every 3053 people on the planet is a resident of Latvia. This page includes a chart with historical data for Latvia's Total Population.

source: the World Bank

Latvia GDP

Latvia Gross Domestic Product is worth 24 billion dollars or 0.04% of the world economy, according to the World Bank. Historically, from 1987 until 2010, Latvia's average Gross Domestic Product was 11.59 billion dollars reaching an historical high of 33.67 billion dollars in December of 2008 and a record low of 4.50 billion dollars in December of 1993. Latvia has one of the highest GDP growth rates in Europe, mostly driven by expansion in consumption and credit. The main industries are: synthetic fibers, agricultural machinery, fertilizers, radios, electronics, pharmaceuticals, processed foods, textiles and timber. Recovery in light industry and Riga's emergence as a regional financial and commercial center in the Baltic Sea region along with European Union accession in 2004 may be the key elements in the future expansion. This page includes: Latvia GDP chart, historical data, forecasts and news.

source: the World Bank

datas from tradingeconomics.com

21 May 2012 ► Converter Latvian Lats ► Free online currency conversion based on exchange rates. Currency converter