Latvia recorded faster gross domestic product (GDP) growth in the fourth quarter of last year compared with the average in the European Union, according to data published on March 6 by the EU’s statistical office Eurostat.
According to seasonally adjusted data, Latvia’s GDP in the fourth quarter of 2025 increased by 2.5% YoY.
Overall, economic growth in October-December was recorded in all EU member states except Romania, where GDP declined by 1.5%. The strongest growth was registered in Malta (+6.4%), Cyprus (+4.5%), Poland (+3.6%), Croatia (+3.3%) and Lithuania (+3.1%). In Estonia, as well as Italy, the economy grew by 0.8% during the same period.
Across the EU, GDP rose by 1.4% in the fourth quarter of 2025, while in the eurozone it increased by 1.2%.
Compared with the previous quarter (July-September), GDP in both the EU and the eurozone grew by 0.2%.
Quarter-on-quarter economic growth was recorded in 22 EU member states.
The strongest increases were seen in Malta (+2.1%), Lithuania (+1.7%), and both Croatia and Cyprus (+1.4%). Declines were recorded in Ireland (-3.8%), Romania (-1.9%), as well as Luxembourg and Estonia (both -0.1%), while Austria’s GDP remained unchanged. Latvia, like the Czech Republic, recorded a 0.6% QoQ growth.
For the annual comparison, working-day adjusted data were used for Netherlands, Finland, and Sweden. (BNN)