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World/Briefs/Latvia

Intelligence brief

Latvia — intelligence brief

The whole picture in one grounded read: observed macro indicators, the derived macro-sentiment composite, the business-cycle regime, and a forward forecast. Derived reads interpret already-observed numbers; the forecast is labelled projections (not observations); an absent series is shown honestly, never fabricated.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Brief

What the data says

Observed macro, derived sentiment, the business-cycle regime, and forward projections — each traced to the live series it reads. Need it as JSON? GET /api/v1/brief/country/{iso3}.

Full briefledger 51018ed

Latvia: macro conditions look balanced (pressure 43/100); the economy is in expansion; 2 turning-point signals flagged; 23 observed macro indicators held; real gdp growth is projected at 3.08 for 2026.

Macro sentiment

Macro pressure

Derived
Watch
43/ 100

Higher = more macro pressure. Reads as balanced (sentiment +0.14, −1 stressed … +1 supportive).

ⓘ How this score works
Confidence: 90%

Outlook 2026: balanced (projected sentiment +0.12) · a projection from baseline forecasts

Business-cycle regime

DerivedRegime inputsas of 2025-12-31

Expansion

growth 2.1%momentum +2.17confidence: high
Turning-point signals
  • CPI inflation turned up (was falling, now rising).
  • Unemployment turned down (was rising, now falling).

Latest observations

Observed1 indicator omitted (not covered)

as of 2026-06-01

Business confidence indexObserved
101

OECD SDMX API

as of 2026-06-01

Consumer confidence indexObserved
98.5

OECD SDMX API

as of 2026-01-01

Current account balance to GDPObserved
-3.6%

IMF DataMapper API

as of 2024-01-01

Electric power consumption per capitaObserved
3.8k

World Bank Indicators API

as of 2023-01-01

Net energy importsObserved
34.3%

World Bank Indicators API

as of 2024-01-01

Energy use per capitaObserved
2.3k

World Bank Indicators API

as of 2025-01-01

Exports of goods and servicesObserved
62.6%

World Bank Indicators API

as of 2025-01-01

Gross domestic product, current US dollarsObserved
$48.6bn

World Bank Indicators API

as of 2025-01-01

GDP per capita, current US dollarsObserved
$26.3k

World Bank Indicators API

as of 2025-01-01

Real GDP growthObserved
2.1%

World Bank Indicators API

as of 2026-08-01

Government bond yield (10 year)Observed
3.8%

ECB Data Portal API

as of 2026-01-01

General government debt to GDPObserved
47.4%

IMF DataMapper API

as of 2025-01-01

Imports of goods and servicesObserved
67.2%

World Bank Indicators API

as of 2025-01-01

Consumer price inflationObserved
3.7%

World Bank Indicators API

as of 2026-08-01

Consumer price inflation (monthly)Observed
3.0%

ECB Data Portal API

as of 2025-01-01

Gross fixed capital formation to GDPObserved
23.5%

World Bank Indicators API

as of 2025-01-01

Total populationObserved
1.8m

World Bank Indicators API

as of 2025-01-01

Productivity growthObserved
3.0%

World Bank Indicators API

as of 2021-01-01

Renewable energy shareObserved
44.0%

World Bank Indicators API

as of 2025-01-01

Total reserves (excluding gold)Observed
$5.2bn

World Bank Indicators API

as of 2025-01-01

Reserves in months of importsObserved
2

World Bank Indicators API

as of 2025-01-01

Total reserves (including gold)Observed
$6.1bn

World Bank Indicators API

as of 2025-01-01

Unemployment rateObserved
6.6%

World Bank Indicators API

Forward forecast

Derivedprojections, not observations

Headline reliability: weak track record (+14% skill vs naive; realized ±0.8789 over 1) · a track record, not a guarantee

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
3.08

Latvia: forward projections across 17 macro indicators, horizons 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Latest observed-3.6(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2026-3.992.35-10.32-5.34 – -2.63
2028-5.165.81-16.14-7.65 – -2.67
2030-6.337.83-20.5-9.73 – -2.94
2035-9.2710.77-29.31-14.84 – -3.7

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Latest observed62.57(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202662.8575.9451.559.97 – 65.73
202863.486.0843.7557.12 – 69.69
203063.9693.2338.5854.66 – 73.26
203565.34106.7429.4648.97 – 81.71

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Latest observed48.6bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202650.9bn55.6bn46.9bn49.3bn – 52.5bn
202856.7bn64.8bn49.6bn52.5bn – 60.9bn
203062.5bn73bn53.4bn55.4bn – 69.6bn
203576.9bn91.8bn64bn61bn – 92.9bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Latest observed2.14(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20263.0812-6.591.17 – 4.99
20285.0812-101.62 – 8.54
20307.0812-102.36 – 11.81
20351212-104.2 – 12

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Latest observed26.3k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202627.6k30.1k25.4k26.8k – 28.5k
202830.9k35.3k27.2k28.7k – 33.2k
203034.3k39.9k29.4k30.4k – 38.2k
203542.6k50.5k35.7k33.7k – 51.4k

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Government bond yield (10 year)

Latest observed3.82(2026)· ECB Data Portal API

YearBaselineOptimisticPessimisticConf. band
20273.255.520.822.64 – 3.86
20292.586.5101.49 – 3.67
20312.257.3200.82 – 3.68
20361.999.1600 – 4.07

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

General government debt to GDP

Latest observed47.4(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202647.7552.0342.846.27 – 49.23
202849.4556.8740.8845.79 – 53.1
203051.1460.7340.0845.34 – 56.95
203555.3868.9439.7543.9 – 66.87

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Latest observed67.15(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202668.0583.0153.164.67 – 71.43
202869.8595.7643.9562.54 – 77.17
203071.66105.138.2160.8 – 82.51
203576.16123.4528.8756.73 – 95.58

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Latest observed3.75(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20265.5322.25-51.74 – 9.33
20289.0137.95-52.16 – 15.85
203012.4849.85-53.19 – 21.76
203521.1650-56.06 – 36.26

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Consumer price inflation (monthly)

Latest observed3(2026)· ECB Data Portal API

YearBaselineOptimisticPessimisticConf. band
20273.6220.8-5-0.25 – 7.49
20294.2233.96-5-2.58 – 11.01
20314.4342.83-5-4.44 – 13.3
20364.5450-5-5 – 17.31

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Latest observed23.47(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202623.425.2521.822.68 – 24.13
202823.3226.5220.5421.59 – 25.04
203023.2327.3619.6520.6 – 25.87
203523.0228.8717.9618.25 – 27.8

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Latest observed1.8m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.8m1.9m1.8m1.8m – 1.9m
20281.8m1.9m1.7m1.7m – 2m
20301.8m1.9m1.7m1.6m – 2m
20351.8m1.8m1.7m1.4m – 2.1m

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Latest observed3.05(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20263.6615-7.191.8 – 5.53
20285.0915-101.71 – 8.46
20306.5115-101.94 – 11.07
203510.0715-102.74 – 15

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Latest observed5.2bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20265.4bn6.4bn4.3bn5.1bn – 5.6bn
20285.8bn7.7bn4bn5.3bn – 6.4bn
20306.3bn8.7bn4bn5.4bn – 7.2bn
20357.5bn10.8bn4.2bn5.8bn – 9.2bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Latest observed2.02(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.072.881.261.91 – 2.23
20282.133.530.721.81 – 2.45
20302.163.970.351.71 – 2.61
20352.184.7501.44 – 2.92

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Latest observed6.1bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20266.4bn7.6bn5.2bn6.1bn – 6.7bn
20287.1bn9.2bn5.1bn6.5bn – 7.8bn
20307.9bn10.5bn5.2bn6.8bn – 8.9bn
20359.7bn13.5bn6bn7.6bn – 11.9bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Latest observed6.57(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20266.297.065.516.07 – 6.51
20285.727.074.385.24 – 6.21
20305.166.93.434.48 – 5.84
20353.766.211.32.78 – 4.73

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Generated by the prediction engine (model prediction-engine-v1) on 2026-09-18 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/brief/country/LVA · API docs