GDP Deflator in Latvia decreased to 1.24 percent in the third quarter of 2024 from 1.25 percent in the second quarter of 2024. GDP Deflator in Latvia averaged 0.73 percent from 1995 until 2024, reaching an all time high of 1.28 percent in the fourth quarter of 2023 and a record low of 0.36 percent in the second quarter of 1995. source: Central Statistical Bureau of Latvia
GDP Deflator in Latvia is expected to be 1.15 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia GDP Deflator is projected to trend around 1.28 percent in 2026 and 1.31 percent in 2027, according to our econometric models.