Latvia’s economy strengthened in the second quarter of 2026, with gross domestic product (GDP) expanding by 3.0% year-over-year. This marks an acceleration from the 2.5% annual growth recorded in the first quarter of 2026, according to the latest data updated on 31 August 2026.
The figures are based on a year-over-year comparison, measuring how much GDP increased in the second quarter of 2026 relative to the same period a year earlier. The previous reading applied the same methodology, comparing first-quarter 2026 GDP to first-quarter 2025. The pick-up from 2.5% to 3.0% suggests a solidifying growth trend in Latvia as the year progresses.
