Posts tagged as Central Statistical Bureau

First quarter GDP hit by virus effect

Friday, April 30, 2021

A flash estimate released by the Central Statistical Bureau (CSB) April 29 shows that in the first quarter of 2021, compared to the same quarter of 2020, gross domestic product (GDP) decreased by 2.2 % (according to seasonally and calendar non-adjusted data). According to provisional estimates, GDP was affected by a drop of 1.3 % in producing sectors and a reduction of 4.0 % in services sectors. Compared to the final quarter of 2020, GDP fell by 2.6 %…

Fewer marriages and divorces in 2020 in Latvia

Tuesday, April 27, 2021

The number of marriages and divorces during the pandemic year shows a negative trend, Latvian Radio reported April 27. In 2020, the number of marriages reduced by 16%. The number of divorces also show a slight decrease. Last year and the year before, marriage statistics were supplemented by senior marriages, since a rule was adopted on giving the possibility for the spouse to inherit their pension. Deputy Director of the…

Over a third of Latvian households had no savings in 2020

Wednesday, April 7, 2021

Data published April 7 by the Central Statistical Bureau (CSB) show that more than a third (35.2%) of Latvian households had no savings in 2020. For almost as many (35.7 %) households, savings would allow them to maintain their current standard of living for no more than 3 months, while 29.2 % of the households – for 3 months or more. Household savings depend on income. While more than half…

Annual deflation still in place in February

Tuesday, March 9, 2021

Latest data released March 8 from the Central Statistical Bureau (CSB) show that in February 2021, compared to February 2020, the average level of consumer prices decreased by 0.2 %. Prices of goods fell by 0.7 %, while prices of services rose by 0.9 %. “Compared to February 2020, in February 2021 the average level of consumer prices was mainly influenced by the drop in prices of goods and services related to housing, goods and services related to transport,…

Unemployment rate increased in Latvia

Thursday, February 18, 2021

Data of the Labor Force Survey published February 18 by the Central Statistical Bureau (CSB) show that in January 2021 actual unemployment rate comprised 8.8%. This is 0.6 percentage points more than in December.   Unemployment rate registered by the State Employment Agency (NVA) accounted for 8.0% – an increase of 0.3 percentage points, compared to December. Unemployment rate increase may be observed when comparing the data to the January of the previous year…

Stats suggest fourth-quarter GDP up on month, down on year

Tuesday, February 2, 2021

A flash estimate released by the Central Statistical Bureau (CSB) February 1 shows that in the 4 th  quarter of 2020, compared to the 4 th  quarter of 2019, Latvia’s gross domestic product (GDP) decreased by 1.4 % (according to seasonally and calendar non-adjusted data). According to provisional estimations, GDP was affected by an output rise in the production sector of 3.7 %. In the services sectors there was a drop of 3.2 % Compared to the 3 rd…

Business environment significantly worsened in December

Saturday, January 9, 2021

Data of business tendency surveys published January 8 by the Central Statistical Bureau (CSB) show that in December 2020 business confidence indicators dropped in all sectors. Confidence indicators dropped slightly in construction and industry, but in retail trade and services sector there was a significant drop. According to LSM, business confidence indicators characterize general situation in the sector, and they are acquired by carrying out business surveys in industry, construction, retail trade…

Latvian population declined further in July

Monday, August 24, 2020

In July 2020, 1,566 newborns were registered with civil registry offices, which is 16.3% ​​less than in the corresponding month of the previous year, according to corrected statistics from the Central Statistical Bureau (CSB). The number of registered deaths is 2,215, which is 5% less than in July a year ago, according to the Central Statistical Bureau. In July this year, 649 more people died than were born. In the…

Latvia’s birth rate was 3% lower in first half of 2020

Friday, August 21, 2020

In July 2020, number of registered births (1 566) was 16.3 % less than in the respective month of the previous year. Data of the Central Statistical Bureau (CSB)  published August 20 show that number of deaths in July comprised 2 215, which is 5 % less than in July a year ago . In July of this year there were 649 deaths more than births. In the first seven months of this year, 10 471 thousand births were…

Unemployment rate at 8.6% in Latvia in second quarter

Monday, August 17, 2020

Results of the Labour Force Survey conducted by the Central Statistical Bureau (CSB) show that in the second quarter of 2020 Latvian unemployment rate comprised 8.6 %, as published August 17 . Compared to the previous quarter, rate of unemployment has risen by 1.2 percentage points, but during a year – by 2.2 percentage points. As a result of COVID-19 crisis, the number of the unemployed increased. In the second quarter of 2020 the number of…