According to the flash estimate, GDP rose by 1.5 % in the 1st quarter

03.05.2017

According to the flash estimate of the Central Statistical Bureau (CSB), in the 1st quarter of 2017, compared to the 4th quarter of 2016, the gross domestic product (GDP) value (seasonally and working days adjusted data) increased by 1.5 %.

In the 1st quarter of 2017, as compared to the corresponding period of 2016, GDP grew by 3.9 % according to seasonally and working days adjusted data, as well as non-adjusted data.

During the 1st quarter, the GDP was affected by a 10 % increase in the volume of industrial production, 8 % increase in construction, as well as a 3% increase in the service sector.

Changes of GDP volume at constant prices, as per cent
(1st quarter 2015 – 1st quarter 2017)

 

 

A more detailed press release on the precise value and changes of the GDP during the 1st quarter of 2017 will be available on 31 May. 

 

 

 

Media requests:
Kalvis Pētersons
Information and Communication Section
E-mail: media [at] csb [dot] gov [dot] lv
Phone: +371 67366924, +371 27880666
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More information on data:
Elita Kalniņa
Quarterly National Accounts Section
E-mail: Elita [dot] Kalnina [at] csb [dot] gov [dot] lv
Phone: +371 67366961