Latvia GDP Growth Rate QoQ

Increasing consumption and credit in Latvia have been the primary drivers of the country's GDP growth in recent years. The most important sectors in the country include synthetic fibers, agricultural machinery, fertilizers, radios, electronics, medicines, processed foods, textiles, and timber. Among the expenditure components of GDP, household consumption dominates, accounting for 61% of total usage. Gross fixed capital formation (23%) and government expenditure (18%) are the next most important components. Exports of goods and services account for 59% of total GDP, while imports account for 62%, resulting in a 3% reduction in total GDP as a result of the trade imbalance. Latvia became a member of the Eurozone in 2014.

A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.

Category:  GDP Growth Rate
Units:  Percent
Details
Impact: Low
Country:
Currency: EUR
Latest Release
Previous: 0%
Consensus: 0.1%
Actual: -0.1%
Next Release
No data

Forex Sentiment (EUR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
EURUSD
1.1217
-487 pips
1.1611
+93 pips
1.17042
Symbol Action Percentage Volume Positions
EURUSD Short 69% 10831.20 lots 36098
Long 31% 4871.95 lots 19934
28% of traders are currently trading EURUSD.
EURAUD
1.7245
-696 pips
1.7973
-32 pips
1.79407
Symbol Action Percentage Volume Positions
EURAUD Short 83% 1417.21 lots 4892
Long 17% 287.51 lots 1402
4% of traders are currently trading EURAUD.
EURJPY
166.2393
-542 pips
170.3007
+136 pips
171.662
Symbol Action Percentage Volume Positions
EURJPY Short 89% 2078.56 lots 6725
Long 11% 252.04 lots 1198
5% of traders are currently trading EURJPY.
EURCAD
1.5658
-372 pips
1.5988
+42 pips
1.60300
Symbol Action Percentage Volume Positions
EURCAD Short 84% 683.71 lots 4577
Long 16% 129.50 lots 1081
5% of traders are currently trading EURCAD.
EURCHF
0.9359
+35 pips
0.9452
-128 pips
0.93244
Symbol Action Percentage Volume Positions
EURCHF Short 20% 202.72 lots 1248
Long 80% 820.93 lots 5632
5% of traders are currently trading EURCHF.
EURCZK
24.6901
+596 pips
0
+246305 pips
24.63051
Symbol Action Percentage Volume Positions
EURCZK Short 100% 0.33 lots 1
Long 0% 0.00 lots 0
0% of traders are currently trading EURCZK.
EURGBP
0.8538
-77 pips
0.8616
-1 pips
0.86147
Symbol Action Percentage Volume Positions
EURGBP Short 88% 3350.02 lots 14711
Long 12% 458.37 lots 2840
10% of traders are currently trading EURGBP.
EURHUF
397.8895
-236 pips
405.3240
-507 pips
400.25
Symbol Action Percentage Volume Positions
EURHUF Short 51% 8.79 lots 44
Long 49% 8.49 lots 43
0% of traders are currently trading EURHUF.
EURNOK
11.5192
-3001 pips
11.8378
-185 pips
11.8193
Symbol Action Percentage Volume Positions
EURNOK Short 76% 0.74 lots 15
Long 24% 0.23 lots 4
0% of traders are currently trading EURNOK.
EURNZD
1.8908
-627 pips
1.9480
+55 pips
1.95348
Symbol Action Percentage Volume Positions
EURNZD Short 89% 514.25 lots 2934
Long 11% 65.40 lots 449
3% of traders are currently trading EURNZD.