GDP Growth and Welfare Dynamics in Latvia

1
GDP Growth and Welfare Dynamics in Latvia
2
Volume of Industrial Production is Increasing
Index of GDP, goods and services production in
Latvia, 1996100
3
GDP Structure in Latvia Converges Towards the EU
GDP Structure I-IX 2001,
4
Latvia Is The Fastest Growing Country in Europe
Annual GDP Growth,
Bulgaria 1997-2001 IX
5
In Mid-nineties Latvia Faced Difficult Economic
Environment
GDP per capita in 1994 (euro, PPP-adjusted)
6
Above-average Growth Rates Enabled Latvia to
Overtake Other EU Accession Countries
GDP per capita (euro, PPP adjusted )
7
Per Capita Income Gap Between Latvia and Other
Accession Countries Is Narrowing
GDP per capita in Latvia, of CEEC Average
8
Since 1997 the Welfare of the Population Has
Increased On Average By 200 lats (360 euro) Each
Year
Average Annual Changes Of GDP Per Capita (euro,
PPP adjusted 1997 2001
9
GDP Growth Translates Into Rising Real Wages and
Increasing Consumption
10
Every Fourth/Fifth Inhabitant in Latvia Has A
Mobile Phone
Number of Mobile Phones (thousands)
1995 -2000.g. CSB data 2001- Latvian
Telecommunications Association data
11
Every Fifth Inhabitant in Latvia Has A Car
Cars Owned By Natural Persons (thousands)
12
Growth of Private Loans and Deposits Imply Rising
Levels of Income
Private loans and deposits (mln.lats)
13
Latvia Has One of The Highest Investment Rates
Among All Accession Countries
Fixed investments in 2000, of GDP