Latvia 2012
Detailed economic analysis and indicators for 2012
Key Economic Indicators (2012)
GDP (Current USD)
$27.12 billion
↑ 2.03% vs 2011GDP per Capita
$13,329.35
↑ 3.31% vs 2011GDP Growth (Annual %)
7.31%
↑ 4.27pp vs 2011Inflation Rate (CPI %)
2.26%
↓ 2.11pp vs 2011Year-over-Year Comparison
| Indicator | 2011 | 2012 | Change |
|---|---|---|---|
| GDP (Current USD) | $26.58 billion | $27.12 billion | +2.03% |
| GDP per Capita | $12,902.57 | $13,329.35 | +3.31% |
| GDP Growth (Annual %) | 3.04% | 7.31% | +4.27pp |
| Inflation (CPI %) | 4.37% | 2.26% | -2.11pp |
| Unemployment Rate (%) | 16.21% | 15.05% | -1.16pp |
All Economic Indicators (2012)
National Accounts
- GDP (Current USD)
- $27.12 billion
- GDP per Capita
- $13,329.35
- GDP Growth (Annual %)
- 7.31%
- Gross National Income
- $27.97 billion
Prices & Employment
- Inflation (CPI %)
- 2.26%
- Inflation (GDP Deflator %)
- 2.88%
- Unemployment Rate (%)
- 15.05%
- 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)
- -3.87%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2012, Latvia's Gross Domestic Product (GDP) is $27.12 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Latvia for 2012 is $13,329.35. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Latvia for 2012 is 2.26%. This measures the annual percentage change in the cost of consumer goods and services.
Latvia's annual GDP growth rate for 2012 is 7.31%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Latvia for 2012 is 15.05%. This represents the percentage of the labor force that is unemployed and actively seeking employment.