Lettland BIP Veränderung zum Vorjahr

The economy of Latvia expanded by 2.5% year-on-year in the third quarter of 2025, accelerating from a downwardly revised 0.9% growth in the second quarter This marked the fifth consecutive quarter of growth and the fastest pace since the first quarter of 2023. Sharp increases were seen in household consumption (1.8% vs 0.1% in Q2), government spending (5.8% vs 3.2%), and gross fixed capital expenditure (10.8% vs 9.0%). However, net trade contributed negatively to the GDP, as exports (3.0%) rose less than imports (5.8%). On the production side, the strongest contribution came from manufacturing (7.3% vs 3.6%), construction (9.0% vs 5.8%), trade (3.1% vs 2.7%), and real estate activities (3.0% vs 2.1%). On a seasonally adjusted quarterly basis, GDP rose by 0.6% in the September quarter, following a downwardly revised 0.3% increase in the previous period.