Projections revised in June 2020 for the preparation of Latvia's medium term budget framework 2021-2023
| 2019 | 2020 | 2021 | 2022 | 2023 | |
| Forecasts | |||||
| Gross domestic product (GDP) | |||||
| current prices (mln euro and growth, %) | 30476 | -7,4 | 6,5 | 5,3 | 5,2 |
| constant prices (mln euro and growth, %) | 27497 | -7,0 | 5,1 | 3,1 | 3,1 |
| GDP deflator (y-o-y), % | 2,6 | -0,5 | 1,3 | 2,0 | 2,0 |
| Consumer price index (y-o-y), % | 2,8 | 0,2 | 1,2 | 2,0 | 2,0 |
| Average monthly gross wage (euro and growth at current prices, %) | 1076 | -1,0 | 3,0 | 5,0 | 5,0 |
| Employment (thsds and growth rate, %) | 910 | -4,4 | 0,6 | 1,0 | -0,1 |
| Jobseeker rate (annual average), % | 6,3 | 10,5 | 9,8 | 8,1 | 7,3 |
| Exports of goods and services | |||||
| current prices (mln euro and growth, %) | 18257 | -14,8 | 7,7 | 4,6 | 5,7 |
| constant prices (mln euro and growth, %) | 17381 | -10,3 | 6,5 | 3,0 | 4,0 |
| Imports of goods and services, mln euro | |||||
| current prices (mln euro and growth, %) | 18240 | -16,3 | 9,0 | 6,3 | 6,5 |
| constant prices (mln euro and growth, %) | 18434 | -11,5 | 6,8 | 3,2 | 3,4 |