Latvia's GDP up 0.7 pct in first half of 2025


RIGA, Aug. 29 (Xinhua) -- Latvia's gross domestic product (GDP) increased 0.7 percent in the first half of 2025 compared with the same period last year, the Central Statistical Bureau reported Friday. These figures are based on seasonally and calendar non-adjusted data.

On a quarterly basis, seasonally and calendar adjusted data show that GDP rose 0.4 percent in the second quarter of 2025. Growth was driven not only by the manufacturing sector, but also by construction, trade, and information and communication services. The sectors recording declines included electricity, gas supply, heating and air-conditioning, as well as transport and storage.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Spain's top court rejects father's bid to halt daughter's euthanasia
Germany's Merz says his conservatives will not partner with far-right AfD
Norway moves some of its 60 soldiers in Middle East due to security situation
Russia says no peace dialogue ongoing with Japan over territorial dispute
Over 5,000 women, girls killed in Ukraine since 2022, says UN
Europe's main military powers to develop low-cost air-defence systems
Trump ally ties up with Russia's Novatek on natural gas in Alaska, NYT reports
Police search royal mansion as investigation into king's brother goes on
Snow-induced halt to flights in Vienna extended until 1100 GMT
Journalist with Germany's Deutsche Welle detained in Turkey

Others Also Read