Latvia 2011
Detailed economic analysis and indicators for 2011
Key Economic Indicators (2011)
GDP (Current USD)
$26.58 billion
↑ 13.24% vs 2010GDP per Capita
$12,902.57
↑ 15.32% vs 2010GDP Growth (Annual %)
3.04%
↑ 6.70pp vs 2010Inflation Rate (CPI %)
4.37%
↑ 5.46pp vs 2010Year-over-Year Comparison
| Indicator | 2010 | 2011 | Change |
|---|---|---|---|
| GDP (Current USD) | $23.47 billion | $26.58 billion | +13.24% |
| GDP per Capita | $11,188.42 | $12,902.57 | +15.32% |
| GDP Growth (Annual %) | -3.66% | 3.04% | +6.70pp |
| Inflation (CPI %) | -1.08% | 4.37% | +5.46pp |
| Unemployment Rate (%) | 19.48% | 16.21% | -3.28pp |
All Economic Indicators (2011)
National Accounts
- GDP (Current USD)
- $26.58 billion
- GDP per Capita
- $12,902.57
- GDP Growth (Annual %)
- 3.04%
- Gross National Income
- $27.44 billion
Prices & Employment
- Inflation (CPI %)
- 4.37%
- Inflation (GDP Deflator %)
- 4.71%
- Unemployment Rate (%)
- 16.21%
- 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)
- -3.55%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2011, Latvia's Gross Domestic Product (GDP) is $26.58 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Latvia for 2011 is $12,902.57. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Latvia for 2011 is 4.37%. This measures the annual percentage change in the cost of consumer goods and services.
Latvia's annual GDP growth rate for 2011 is 3.04%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Latvia for 2011 is 16.21%. This represents the percentage of the labor force that is unemployed and actively seeking employment.