SEO Tools comparison and reviews


Latvia's GDP grows by 2.7 percent in Q2 2015

  • 2015-07-30
  • BNS/TBT Staff/RIGA

According to an estimate by the Latvian national statistics office, Latvia's seasonally adjusted Gross Domestic Product grew by 2.7 percent when compared to the same period in 2014.

The growth of Latvia's GDP was driven by a 2 percent increase in the manufacturing sector, and a 3 percent rise in the services sector, which excludes trade. Growth in the trade sector reached 4 percent.

Compared to the first quarter of 2015, Latvia's seasonally adjusted GDP grew by 1.2 percent in the second quarter of this year.

The updated and expanded second-quarter data on Latvia's GDP will be released on August 31, 2015.

The use of the Baltic News Service information for commercial purposes is expressly prohibited without the prior written consent of JSC BNS.