15. february 2014

Economic growth in Latvia

According to preliminary data provided by Eurostat, based on quarter-on-quarter and year-on-year comparison, Latvia demonstrated economic growth in Q4 of the last year. The Eurostat informs that the Latvian GDP grew by 0.7% during the quarter, and by 3.6% during the year.

According to Eurostat, the GDP of the Euro-Zone reduced by 0.4%, and the GDP of the European Union increased by 0.1%.

In Q4 of the previous year, the GDP of the Euro-Zone reduced by 0.3%, and the GDP of the European Union increased by 0.4%, compared with 2012, these parameters were 0.5% and 1%, respectively.

Source: delfi.lv

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