Press Release

According to the flash estimate, GDP rose by 2.8 % in the 3rd quarter

Flash estimate of the Central Statistical Bureau (CSB) shows that, compared to the 3rd quarter of 2018, in the 3rd quarter of 2019 the gross domestic product (GDP) value increased by 2.8 % (seasonally and calendar non-adjusted data).

Main upward pressure on the GDP was exerted by the volume increase in industry and services (according to preliminary estimates of 4.3 % and 3.0 %, respectively), including rise of 2.1 % in retail trade. Amount of collected product taxes shows decrease.

Compared to the 2nd quarter of 2019, GDP rose by 0.7 % (seasonally and calendar adjusted data).

Press release on the precise value of and changes in the GDP in the 3rd quarter of 2019 will be published on November 29.

 

Media requests:
Communication Section
E-mail:
media@csb.gov.lv
Phone: +371 67366989, +371 27880666

More information on quarterly data:
Quarterly National Accounts Section
Gita Ķiņķevska
E-mail:
Gita.Kinkevska@csb.gov.lv
Phone: +371 67366791

 

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