본문 내용으로 건더뛰기

KDI 경제교육·정보센터

ENG
  • 경제배움
  • Economic

    Information

    and Education

    Center

최신자료
Republic of Latvia: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Republic of Latvia
IMF
2025.09.22
Latvia’s successful convergence to euro area income levels has slowed. GDP per capita has fallen behind, including relative to other Baltic states, due to weak total factor productivity and limited capital deepening since the global financial crisis. Additional pressures include rising labor costs, demographic decline, and geopolitical tensions. Although unemployment remains low and inflation has eased, the economy remains vulnerable to external shocks. At the same time, the government faces growing fiscal demands from pensions, health care, defense, energy security, and climate transition, requiring preserved fiscal space for future crises.