Projections revised in February 2021 for the preparation of Latvia's Stability Programme 2021-2024

  2019 2020 2021 2022 2023
    Forecasts
Gross domestic product (GDP)          
current prices (mln euro and growth, %) 29545 4,4 6,4 5,2 5,0
constant prices (mln euro and growth, %) 26597 -7,0 5,1 3,1 3,1
GDP deflator (y-o-y), % 0,5 1,4 1,8 2,0 2,1
Consumer price index (y-o-y), % 0,2 1,4 2,0 2,0 2,0
Average monthly gross wage (euro and growth at current prices, %) 1130 4,0 5,0 5,0 5,0
Employment (thsds and growth rate, %) 893 -0,4 1,0 0,3 0,0
Jobseeker rate (annual average), % 8,2 8,3 7,1 6,3 5,9
Exports of goods and services          
current prices (mln euro and growth, %) 17355 5,9 7,2 7,1 7,2
constant prices (mln euro and growth, %) 16723 4,3 5,7 4,0 4,0
Imports of goods and services, mln euro          
current prices (mln euro and growth, %) 17167 6,5 8,6 8,1 7,5
constant prices (mln euro and growth, %) 18010 4,9 5,4 4,0 3,3