The volume of freight carried by road increased in Latvia, while the volume of rail, sea, and air freight decreased in the first half of 2024, according to the Central Statistical Bureau (CSP), LSM reports. Freight carried by land transport totalled 40.9mn tonnes in six months, which was 2.0% less than a year earlier. Road freight…
The number of passengers using land and air transport increased in Latvia, while the number of ferry passengers declined in the first half of 2024, according to data from the Central Statistical Bureau (CSP), LSM reports. Passengers using land transport totalled 94.7 million in six months, which was up 1.6% from the same period of 2023….
Latvia’s industrial production rose by 1.4% on year in July 2024, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reports. Output in manufacturing declined by 6.4%, while output in mining and quarrying increased by 6.1% and in electricity and gas supply by 66.0% over a year. Compared to June 2024,…
The number of unemployed people in Latvia totalled 62,000 in June 2024, which was 500 more than in the same period of 2023, but 900 less than in May 2024, according to the Central Statistical Bureau’s (CSP) estimate, LSM reports. Altogether 32,600 men and 29,400 women were unemployed. Latvia’s actual unemployment rate stood at 6.5%…
Life expectancy in Latvia has increased by 22.4 years over 100 years, according to data from the Central Statistical Bureau (CSP), LSM reports. Average life expectancy at birth rose from 53.1 years in 1924 to 75.5 years in 2023. Female life expectancy rose by 24 years from 56.4 to 80.4 years and male life expectancy…
Consumer prices in Latvia rose by 1.4% in June 2024, compared to the same month in 2023, according to data from the Central Statistical Bureau of Latvia (CSP), LETA reports. Compared to May 2024, consumer prices dropped by 0.1%, however. Average prices in a 12-month period rose by 1.9% when compared to the previous 12…
Forestry costs in Latvia increased significantly in 2023 compared to previous years, according to the Central Statistical Bureau (CSP), LSM reports. Forest regeneration costs rose by 6.5-19.3%, forest tending costs by 14.7-50.8%, and timber harvesting costs by 4.4% in final felling and 12.2% in intermediate felling. The overall increase in forestry costs is attributed to higher…
Latvia’s gross energy consumption totalled 185 PJ in 2023, which was 1 % less than in 2022, according to provisional data from the Central Statistical Bureau (CSP), LSM reports. Final energy consumption totalled 170 PJ, which was 0.9 % less than in 2022. Transport used 52 PJ (30.6%) of energy, followed by households with 45 PJ…
Latvia’s industrial production declined by 4.5% in 2023 compared to 2022, according to the Central Statistical Bureau (CSP), LSM reported. Output in manufacturing decreased by 4.5%, in electricity and gas supply by 0.8%, and in mining by 19% over a year. The drop in manufacturing output was the largest annual decline since 2009. Martins Abolins, economist…