Flash comment: Latvia - October 29, 2020
Latvia: strong bounce-back in Q3

GDP in Q3 saw very strong growth, but more is required to recoup last year’s levels 

  • GDP in Q3 2020 up by 6.6% over the previous quarter, but still 3.1% behind levels of last year 
  • The spread of the virus casts gloom on recovery – Q4 is likely to see a setback  

GDP in Q3 was better than expected, but the future is unfortunately looking less bright than a couple of months ago.

PDF-Document Read full analysis here

For more information please contact Ms. Līva Zorgenfreija, +371 67445875, liva.zorgenfreija@swedbank.lv

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