Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Latvian Economy Grows at EU’s Fastest Pace, Matching Forecasts

Latvia’s economy expanded at the quickest pace in the European Union in the second quarter, fueled by trade, manufacturing and construction.

Gross domestic product grew a preliminary 5.1 percent from a year earlier compared with a revised 6.8 percent advance in the first quarter, the statistics office, based in the capital, Riga, said today by e-mail. That matches a 5.1 percent median estimate of six economists in a Bloomberg survey. GDP rose 1 percent from the previous quarter.

Latvia is rebounding from the world’s deepest recession in 2008-2009, which erased almost a quarter of economic output after a property bubble bust and credit inflows dried up, prompting an International Monetary Fund bailout. GDP grew 5.5 percent last year, buoyed by exports and industrial output, and may expand 3.5 percent in 2012, the IMF predicts.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.