Latvia 2014
Detailed economic analysis and indicators for 2014
Key Economic Indicators (2014)
GDP (Current USD)
$30.28 billion
↑ 3.86% vs 2013GDP per Capita
$15,185.81
↑ 4.84% vs 2013GDP Growth (Annual %)
2.09%
↓ 0.00pp vs 2013Inflation Rate (CPI %)
0.62%
↑ 0.65pp vs 2013Year-over-Year Comparison
| Indicator | 2013 | 2014 | Change |
|---|---|---|---|
| GDP (Current USD) | $29.15 billion | $30.28 billion | +3.86% |
| GDP per Capita | $14,484.47 | $15,185.81 | +4.84% |
| GDP Growth (Annual %) | 2.10% | 2.09% | 0.00pp |
| Inflation (CPI %) | -0.03% | 0.62% | +0.65pp |
| Unemployment Rate (%) | 11.87% | 10.85% | -1.02pp |
All Economic Indicators (2014)
National Accounts
- GDP (Current USD)
- $30.28 billion
- GDP per Capita
- $15,185.81
- GDP Growth (Annual %)
- 2.09%
- Gross National Income
- $31.43 billion
Prices & Employment
- Inflation (CPI %)
- 0.62%
- Inflation (GDP Deflator %)
- 1.67%
- Unemployment Rate (%)
- 10.85%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -1.54%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2014, Latvia's Gross Domestic Product (GDP) is $30.28 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Latvia for 2014 is $15,185.81. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Latvia for 2014 is 0.62%. This measures the annual percentage change in the cost of consumer goods and services.
Latvia's annual GDP growth rate for 2014 is 2.09%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Latvia for 2014 is 10.85%. This represents the percentage of the labor force that is unemployed and actively seeking employment.