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Commission Report (2002): Latvia

National accounts

National accounts Mio New Lats
1997 1998 1999 2000 2001
Gross domestic product at current prices 3.3 3.6 3.9 4.3 4.8
1000 Mio ECU/EUR
Gross domestic product at current prices 5.0 5.4 6.2 7.8 8.5
ECU/EUR
Gross domestic product per capita1 at current prices 2,000 2,200 2,600 3,300 3,600
% change over the previous year
Gross domestic product at constant prices (nat. currency) 8.4 4.8 2.8 6.8 7.7
Employment growth 1.9 0.6 -0.5 0.0 -0.1
Labour productivity growth 6.4 4.1 3.4 6.8 7.8
in Purchasing Power Standards
Gross domestic product per capita at current prices 5,200 5,600 6,100 7,000 7,700
Structure of production in % of Gross Value Added2
- Agriculture 5.6 4.4 4.3 4.9 4.7
- Industry (excluding construction) 27.4 23.4 19.9 18.6 18.7
- Construction 4.8 6.9 7.1 6.7 6.2
- Services 62.1 65.4 68.6 69.8 70.4
Structure of expenditure as % of Gross Domestic Product
- Final consumption expenditure 85.9 85.9 83.4 81.7 81.5
- household and NPISH 66.7 64.5 62.9 61.9 62.3
- general government 19.2 21.4 20.6 19.7 19.2
- Gross fixed capital formation 18.8 27.3 25.2 26.5 27.3
- Stock variation3 3.9 0.4 1.7 0.5 2.6
- Exports of goods and services 51.1 51.3 43.9 45.6 44.9
- Imports of goods and services 59.6 64.8 54.2 54.3 56.2
1 Figures have been calculated using the population figures from National Accounts, which may differ from those used in demographic statistics.
2 Including FISIM.
3 These figures include changes in inventories. acquisitions less disposals of valuables and the statistical discrepancy between the GDP and its expenditure components.

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