According to the flash estimate, GDP rose by 4.1 % in the 2nd quarter


According to the flash estimate of the Central Statistical Bureau (CSB), in the 2nd quarter of 2017, compared to the corresponding period of 2016, GDP grew by 4.1 % according to seasonally and working days non-adjusted data and by 4.8 % according to seasonally and working days adjusted data.

During the 2nd quarter, the GDP was affected by an 8 % increase in the volume of industrial production, 14 % increase in construction, as well as a 3 % increase in the service sector.

In the 2nd quarter of 2017, compared to the 1st quarter of 2017, the gross domestic product (GDP) value (seasonally and working days adjusted data) increased by 1.3 %.


Changes of GDP volume at constant prices, as per cent
(2nd quarter 2015 – 2nd quarter 2017)


A more detailed press release on the precise value and changes of the GDP during the 2nd quarter of 2017 will be available on 31 August.





Media requests:
Kalvis Pētersons
Information and Communication Section
E-mail: media [at] csb [dot] gov [dot] lv
Phone: +371 67366621, +371 27880666


More information on data:
Gita Ķiņķevska
Quarterly National Accounts Section
E-mail: Gita [dot] Kinkevska [at] csb [dot] gov [dot] lv
Phone: +371 67366791