Growth of the real gross domestic product (GDP) in Latvia 1993 to 2030

Fluctuating rise between 1993 and 2025
Compared to the earliest depicted observation from 1993 there is a total increase by approximately 13.40 percentage points. Looking at the trajectory between 1993 and 2025, one can observe that this increase however did not happen continuously.

Fluctuating rise between 2025 and 2030
The growth will lie at roughly 2.46 percent in 2030, according to forecasts. This indicates an overall increase by approximately 0.46 percentage points since 2025.

This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.