Analysis of the Dynamics of Some Economic Indicators for Latvia in the Period Before and After Joining the Euro Area

Authors

DOI:

https://doi.org/10.37075/RP.2025.2.04

Keywords:

HIPC, Latvia, Economic indicators, Real convergence, Euro area
F36

Abstract

In this paper, the change in some economic indicators for Latvia from joining the European Union in 2004 to 2023, including the adoption of the euro in 2014, have been analyzed. The real convergence of the country to the European Union economy has been studied. The impact of euro adoption in Latvia on the economic indicators included in the paper has been examined.

References

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European Commission (2014). Quarterly report on the euro area.

International Trade Administration (2024). Latvia Country Commercial Guide.

Kotliński, Kamil (2020). Contributions to inflation after euro adoption: the case of Central and Eastern European countries. Ekonomia i Prawo, 19(2), 305-318. DOI: https://doi.org/10.12775/EiP.2020.021

Lloyds Bank (2024). Latvia: Economic and Political Overview.

Markevičiūtė, Anastazija & Kuokštis, Vytautas (2017). RACE TO THE EUROZONE: WHY LATVIA JOINED BEFORE LITHUANIA. Baltic Journal of Political Science, 5, 5-20. DOI: https://doi.org/10.15388/BJPS.2016.5.10333

Ministry of Economics of the Republic of Latvia, Central Statistical Bureau of Latvia (2016). The national economy of Latvia macroeconomic review.

Muchová, E. & Šuláková, A. (2014). The impact of EMU integration on GDP and productivity in the Baltic countries. Journal of Eastern European and Central Asian research, 9(6), 1095-1106. DOI: https://doi.org/10.15549/jeecar.v9i6.1038

The Treasury of the Republic of Latvia (2008). The Treasury of the Republic of Latvia Public Report for 2008.

Petrylė, Vaiva & Bunevičiūtė, Karolina (2023). GAINERS AND LOSERS OF EURO ADOPTION: THE CASE OF THE BALTIC STATES. Conference proceedings from the 13th International Scientific Conference "Business and management", pp. 39-44. DOI: https://doi.org/10.3846/bm.2023.1010

Latvia - GDP distribution across economic sectors 2023. (2023). URL: https://www.statista.com/statistics/375583/latvia-gdp-distribution-across-economic-sectors/ (accessed 2025-04-01)

Published

2025-05-29

Issue

Section

Articles

How to Cite

Kaneva, A. (2025). Analysis of the Dynamics of Some Economic Indicators for Latvia in the Period Before and After Joining the Euro Area. Research Papers of UNWE, 2, 55-68. https://doi.org/10.37075/RP.2025.2.04