Latvia Stability Programme Report
(% growth between 2010 and
2021)
EXPORTS OF GOODS CONTINUE TO GROW
In 2021 exports of goods increased substantially. Exports continue to grow despite the
delays in raw material supply chains impacted by Covid-19 and Russia invasion of Ukraine
350
300
250
Export of Goods and Services
(2010=100)
200
150
Goods Export Growth
250
200
150
100
76.1
Ireland
Lithuania
Estonia
Latvia
Slovakia
Slovenia
Czechia
EU 27
Austria
Belgium
France
Current Account Balance
(%GDP)
Source: Eurostat (17.05.2022.)
50
100
2010 2011 2012 2013 2014 2015 2016 2017 2018
2019
2020 2021
0
- Belgium
France
Slovenia
Source: Eurostat (17.05.2022)
Export of Principal Goods
Czechia
Latvia
Slovakia
- Estonia
Ireland
Lithuania
-Finland
Austria
(current prices, 2010=100)
350
Wood and articles of wood
Machinery and mechanical appliances, electrical equipment
Agricultural and food products
250
Chemical industry products
300
200
1.6%
1.3%
100
2010
2011
2012 2013 2014
2015
2016 2017 2018
2019
2020
2021
150
Source: Central Statistical Bureau of Latvia data (15.02.2022.)
13
-0.2%
-0.7%
2.9%
Finland
-2.9%
-7.1%
2018
2019
2020
2021
Q1'22
2016
2017
Source: Bank of Latvia (28.06.2022.)View entire presentation