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, %)

29334

4,4

6,4

5,2

5,0

constant prices (mln euro and growth, %)

26555

3,0

4,5

3,2

2,8

GDP deflator (y-o-y), %

0,1

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, %)

1143

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), %

8,1

8,3

7,1

6,3

5,9

Exports of goods and services

 

 

 

 

 

current prices (mln euro and growth, %)

17682

5,9

7,2

7,1

7,2

constant prices (mln euro and growth, %)

16967

4,3

4,7

4,0

4,0

Imports of goods and services, mln euro

 

 

 

 

 

current prices (mln euro and growth, %)

17342

6,5

8,6

8,1

7,5

constant prices (mln euro and growth, %)

18149

4,9

5,4

4,0

3,3