Provisional data of the Central Statistical Bureau show that, compared to December 2015, in January 2016 foreign trade turnover at current prices dropped by 14.4 %, of which exports value of goods fell by 13.0 % and imports value of goods – by 15.6 %. In January, Latvia exported goods in the amount of EUR 711.0 million, but imported – in the amount of EUR 820.8 million. As exports in the total foreign trade went up to 46.4 % (in December 2015 – 45.7 %), foreign trade balance increased.
Compared to February 2015, in February 2016 average level of consumer prices reduced by 0.5 %. Prices of goods decreased by 1.2 %, while prices of services increased by 1.4 %. Compared to the previous 12 months, during the last 12 months average level of consumer prices grew by 0.1 %.
In 2015 Latvia imported fresh cut flowers in the amount of EUR 9.8 million. Compared to 2014, last year flower imports increased by 40 %. In turn, exports value of flowers reached EUR 6.8 million, which is an increase of 69.5 %, compared to 2014.
Compared to January 2015, in January 2016 volume of industrial production increased by 4.6 % (according to calendar adjusted data at constant prices); the rise was due to the growth in electricity and gas supply of 31.8 %. Industrial production in mining and quarrying went up by 2.7 %, while in manufacturing there was a drop of 2.9 %, of which in sectors having the largest share – manufacture of food products (of 5.9 %), manufacture of fabricated metal products, except machinery and equipment (of 1.5 %), and repair and installation of machinery and equipment (of 36.5 %).
New data have been published in sections: Producer prices; Gross domestic product; Business Tendency; Enterprises finance; Investment; Employment and unemployment; Minimum income level; Education; Crime and justice; Health care and sport; Housing conditions; Trade and services; Industry; Transport; Foreign trade; Crop production; Livestock.
2015 monthly housing costs grew by 4.4 percentage, reaching EUR 142 per household. However, the share of housing costs in household disposable income has reduced.
In 2015 as compared with 2014 the total volume of freights carried in main transport sectors decreased 2 %. The most rapid drop was recorded in national freights carried by road - of 2.4 mln tons or 4.7% as compared with 2014.
Compared to December 2015, in January 2016 total retail trade turnover increased by 1.8 %. Compared to January 2015, the turnover has went up by 3.0 %.
Compared to December 2015, in January 2016 level of construction costs in Latvia grew by 0.1 %. Maintenance and operational costs of machinery and equipment went up by 0.6 %, labour remuneration of workers – by 0.5 %, whereas prices of building materials decreased by 0.3 %.
In 2015, as compared with 2014, Gross Domestic Product (GDP) increased by 2.7%. In 2015 GDP at current prices was 24.4 bln euros, and at constant prices - 21.4 bln euros..
Statistics by theme
- General Statistics
- Economy and Finances
- Population and Social Processes
- Industry, Construction, Housing, Trade and Services, Structural Business Statistics
- Transport and Tourism
- Foreign Trade
- Agriculture, Forestry and Fishing
- Environment and Energy
- Science and Technology
- Population Census
- Agricultural Census
- Statistical Data on EU Countries
- Statistics of the 1920s – 1930s