Economic Outlook No 118 — Indicator of competitiveness based on in Latvia
Latvia: Economic Outlook No 118 — Indicator of competitiveness based on was 104.64 in 2027. ▲ Rising
Economic Outlook No 118 — Indicator of competitiveness based on in Latvia, 1997–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
Latvia recorded 104.64 for economic outlook no 118 — indicator of competitiveness based on in 2027.
That represents a change of down 0.4% on the previous year and up 11.5% over ten years.
Over the whole period, economic outlook no 118 — indicator of competitiveness based on in Latvia peaked at 105.02 in 2026 and was at its lowest, 70.4, in 1997.
The long-run direction has been consistently rising across the 31 years of available data.
Economic Outlook No 118 — Indicator of competitiveness based on in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 70.4 | — |
| 1998 | 76.17 | +8.2% |
| 1999 | 89.3 | +17.2% |
| 2000 | 93.6 | +4.8% |
| 2001 | 89.69 | -4.2% |
| 2002 | 86.27 | -3.8% |
| 2003 | 81.66 | -5.3% |
| 2004 | 81.73 | +0.1% |
| 2005 | 79.34 | -2.9% |
| 2006 | 81.29 | +2.5% |
| 2007 | 85.92 | +5.7% |
| 2008 | 93.45 | +8.8% |
| 2009 | 99.75 | +6.7% |
| 2010 | 90.94 | -8.8% |
| 2011 | 91.22 | +0.3% |
| 2012 | 89.97 | -1.4% |
| 2013 | 88.75 | -1.4% |
| 2014 | 92.23 | +3.9% |
| 2015 | 94.95 | +2.9% |
| 2016 | 96.75 | +1.9% |
| 2017 | 93.89 | -3.0% |
| 2018 | 97.4 | +3.7% |
| 2019 | 97.27 | -0.1% |
| 2020 | 99.36 | +2.1% |
| 2021 | 100 | +0.6% |
| 2022 | 100.92 | +0.9% |
| 2023 | 104.86 | +3.9% |
| 2024 | 103.86 | -1.0% |
| 2025 | 104.81 | +0.9% |
| 2026 | 105.02 | +0.2% |
| 2027 | 104.64 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 78.62 | 70.4 | 89.3 | 3 |
| 2000s | 87.27 | 79.34 | 99.75 | 10 |
| 2010s | 93.34 | 88.75 | 97.4 | 10 |
| 2020s | 102.93 | 99.36 | 105.02 | 8 |
Countries ranked near Latvia
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- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
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Frequently asked questions
- What is economic outlook no 118 — indicator of competitiveness based on in Latvia?
- Economic outlook no 118 — indicator of competitiveness based on in Latvia was 104.64 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 118 — indicator of competitiveness based on recorded in Latvia?
- The highest recorded value was 105.02 in 2026.
- What is the lowest economic outlook no 118 — indicator of competitiveness based on recorded in Latvia?
- The lowest recorded value was 70.4 in 1997.
- How does Latvia rank for economic outlook no 118 — indicator of competitiveness based on?
- Latvia ranks 6th out of 7 countries with data for 2027.
- Is economic outlook no 118 — indicator of competitiveness based on rising or falling in Latvia?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 118 — Indicator of competitiveness based on relative consumer prices. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP