Latvia's gold reserves rose to USD 953.2 million in August 2026, from USD 867.1 million in July, according to the International Monetary Fund. The August figure marks a rebound after two consecutive monthly declines, though it remains below the all-time high of USD 1,114.4 million set in February 2026. Year over year, reserves were up from USD 728.6 million in August 2025. The series, which began in April 2000, has ranged from a low of USD 64.7 million in March 2001 to the February peak, the IMF data show.

Latvia Gold Reserves Climb in August

Latvia's real GDP growth rose to 2.97% in the second quarter of 2026 from 2.59% in the previous quarter. The growth rate is the highest since the second quarter of 2022, when it last exceeded this level. The economy has now expanded for five consecutive quarters, following a period of contraction from mid-2023 into early 2024. Over the past year, growth accelerated from 1.63% in the second quarter of 2025, according to the International Monetary Fund.

Latvia Real GDP Growth Accelerates

Latvia's consumer confidence index edged down to -10.4 in August from -7.5 in July, moving further from neutral. The index remained above readings from mid-2026, including -15.8 in May and -19.0 in June, but was higher than the -14.6 recorded a year earlier in August 2025. The series all-time high is 13.9 from September 2006, and its all-time low is -47.4 from June 2009, according to Eurostat.

Latvia Consumer Confidence Edges Down

Latvia's business confidence index edged up to -3.3 in August 2026 from -3.5 in July, marking the third consecutive monthly improvement. The index has risen from -4.1 in June, though it remains in negative territory and well below its all-time high of 10.7 from February 2007. The current reading is higher than the -5 recorded a year ago, according to Eurostat.

Latvia Business Confidence Edges Up

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