Gross domestic product in the in the 3rd quarter of 2006

08.12.2006

According to the data of Central Statistical Bureau, the amount of gross domestic product (GDP) has increased by 11.9% in the first 9 months of 2006 in comparison with the corresponding period of the preceding year.

The growth of GDP within this period was determined by the growyh of output in the following branches: trade (share in GDPstructure 21.4%) – by 18.5%, transport and telecommunications (14.5%) – by 9.8%, processing (12.3%) – by 6.8%, construction (6.8%) – by 14.8%. Due to unfavourable weather conditions that caused a substantial fall of productivity in plant cultivation, the output of agricultural products has decreased by 6.2%.

In the third quarter of this year, in comparison with the corresponding period, the amount of GDP has increased by 11.8%. The increase of amount was 19.0% in trade, 12.1% in transport and telecommunications, 7.4% in processing, 12.2% in construction.

Changes in the main sectors in the 3rd quarter of 2006
(at constant prices, % against the corresponding quarter of the previous year)

Retail trade

Transport and telecommunications

Processing

Construction

BASIC INDICATORS OF GROSS DOMESTIC PRODUCT

Year

Gross domestic product,
thsd. lats

Gross domestic product
per capita

Gross domestic product at constant prices,
% against the corresponding period of previous year

actual prices

constant prices of 2000

actual prices,
in lats

constant prices of 2000,
in lats

euro

total

per capita

2005

8937330

7016928

3885

3050

5527

110.2

110.9

1st quart.

1844898

1635969

800

710

1139

107.6

108.2

2st quart.

2166320

1761028

941

765

1339

111.2

111.8

3st quart.

2339797

1792702

1018

780

1448

111.4

112.0

4st quart.

2586315

1827229

1126

796

1602

110.6

111.2

2006

1st quart.

2296544

1849852

1002

807

1425

113.1

113.7

2st quart.

2647641

1956133

1157

855

1645

111.1

111.7

3st quart.

2893727

2003831

1265

876

1800

111.8

112.4

INCREASE OF GROSS DOMESTIC PRODUCT BY ACTIVITY
IN THE 3RD QUARTER OF 2006

(at constant prices, % agaist the corresponding quarter of the preceding year)

A        agriculture, hunting and forestry;o:p>

B         fishery;

C        mining and quarrying;

D         processing;

E         electric power, gas and water supply;

F         construction;

G        trade;

H         hotels and restaurants;

I           transport and telecommunications;

J         finance;

K         comercial serviecs;

L         central administration and defence; compulsory social insurance;

M       education;

N         health and social care;

O     other comminal and individual services

INCREASE OF GROSS DOMESTIC PRODUCT BY ACTIVITY
IN THE 3RD QUARTER OF 2006

(at constant prices, % agaist the corresponding quarter of the preceding year)

Fos 3rd quarter of 2006 – initial estimate for Estonia, preliminary results for Lithuania.

Responsible for publication E. Kalniņa, phone 7366961
© Central Statistical Bureau of Latvia, 2006
Reference mandatory in case of re-publication and quoting