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 |