Financial News: Latvia GDP Growth Accelerates To 2.5%

Latvia GDP Growth Accelerates To 2.5%

11/28/2025 - 09:26:00 (RTTNews)

(RTTNews) - Latvia's economy expanded at a faster pace in the third quarter, preliminary data from the statistical office showed on Friday.

Gross domestic product rose a non-adjusted 2.5 percent year-on-year in the third quarter, following a 0.9 percent increase in the second quarter. The economy has been growing since the third quarter of 2024.

On the expenditure side, household expenditure rose 1.8 percent, and government consumption surged by 5.8 percent. Investments in gross fixed capital formation advanced sharply by 10.8 percent amid more investments in dwellings and other buildings and structures and machinery and equipment.

Exports of goods and services climbed 3.0 percent, and imports were 5.8 percent higher.

On a seasonally and calendar-adjusted basis, GDP also expanded 1.8 percent in the September quarter after rising 1.5 percent in the previous quarter.

On a quarterly basis, the seasonally and calendar-adjusted GDP expanded 0.6 percent in the third quarter after growing 0.3 percent in the June quarter.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Latvia GDP Growth Accelerates To 2.5% (12 min(s), 58 sec(s) ago)
(RTTNews) - Latvia's economy expanded at a faster pace in the third quarter, preliminary dat ...Full Story»

Spain Inflation Slows To 3.0% (48 min(s), 58 sec(s) ago)
(RTTNews) - Spain's consumer price inflation slowed slightly in November, preliminary estimate ...Full Story»

Swiss Economy Shrinks As Estimated (01 hr(s), 18 min(s), 58 sec(s) ago)
(RTTNews) - Switzerland's economy contracted in the third quarter as the front-loading effects ...Full Story»

Portugal Q3 GDP Growth Improves As Estimated; Inflation Eases Slightly (01 hr(s), 21 min(s), 58 sec(s) ago)
(RTTNews) - Portugal's economic growth accelerated as initially estimated in the third quarte ...Full Story»

Norway Retail Sales Rebound 0.1% (02 hr(s), 0 min(s),58 sec(s) ago)
(RTTNews) - Norway's retail sales increased slightly in October after a renewed decline in Sep ...Full Story»

German Unemployment Rate Steady At 6.3% (02 hr(s), 18 min(s), 58 sec(s) ago)
(RTTNews) - Germany's unemployment rate remained unchanged in November and the number of unemp ...Full Story»

Czech Q3 GDP Grows More Than Estimated (02 hr(s), 28 min(s), 58 sec(s) ago)
(RTTNews) - The Czech Republic's economy expanded more than initially estimated in the third ...Full Story»

French Inflation Remains Stable; GDP Growth Confirmed At 0.5% (03 hr(s), 05 min(s), 58 sec(s) ago)
(RTTNews) - France's inflation remained stable in November and remained within the comfort zon ...Full Story»