08.09.202511:00:00UTC+00Latvian Economy Rebounds: GDP Climbs to 1.7% in Second Quarter

The Latvian economy shows signs of robust recovery as the nation's GDP growth for the second quarter of 2025 reached 1.7%, marking a significant turnaround from the previous quarter's -0.3%. This latest data, updated on September 8, 2025, indicates a positive shift in the economic landscape, reflecting the country's resilience and adaptive strategies in the face of previous economic slowdowns.

The year-over-year comparison highlights a decisive change in direction from the second quarter of the previous year, which had recorded a contraction. Analysts suggest that this growth could be attributed to a revitalization of key sectors and potentially aided by favorable domestic policies or external economic conditions.

Such a rebound paints a promising picture for the rest of the year, with policymakers and investors optimistic about sustained economic momentum, as Latvia appears to be on the path to stabilizing and enhancing its economic standing in 2025. The nation now looks set to leverage this growth to further fortify its economic resilience in the coming months.