GDP flash estimate: in the 4th quarter of 2013 increase of 3.5%
In the 4th quarter of 2013, compared to the 4th quarter of 2012, gross domestic product (GDP) value (seasonally unadjusted data) has increased by 3.5%, according to flash estimate of the CSB. The GDP was affected by the value increase in retail trade (of 3.9%), manufacturing (of 2.6%) and services (of 6.7%).
According to seasonally adjusted data, in the 4th quarter of 2013, compared to the 3rd quarter of 2013, GDP has grown by 0.7%.
|Changes of GDP volume at constant prices, 1st quarter 2011 – 4th quarter 2013|
Data source: Central Statistical Bureau of Latvia
More precise and extended rate and volume of GDP on the fourth quarter of 2013 will be published in the press release of March 11, 2014.
Prepared by Quarterly National Accounts Section
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