Latvia: Selected Issues and Statistical Appendix
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Summary:
This Selected Issues paper and Statistical Appendix highlights that the real GDP growth in Latvia accelerated in the second half of 1997, and is estimated at 6 percent for the year. Growth was broad-based, with particularly strong performance in the services sector and construction, and has been led by increased investment, with real capital formation rising by an estimated 10 percent, and enhanced efficiency. Reflecting the strong economic growth, official unemployment has begun to decline, falling from 7½ percent in mid-year to 6.7 percent at end-January 1998.
Series:
Country Report No. 1998/047
Subject:
English
Publication Date:
June 4, 1998
ISBN/ISSN:
9781451824414/1934-7685
Stock No:
1LVAEA0011998
Pages:
146
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