Reference metadata describe statistical concepts and methodologies used for the collection and generation of data. They provide information on data quality and, since they are strongly content-oriented, assist users in interpreting the data. Reference metadata, unlike structural metadata, can be decoupled from the data.
National Accounts in Latvia are produced by the Macroeconomic Statistics Department. There are six sections in the department:
Annual National Accounts Section is responsible for annual main aggregates, annual non-financial sector accounts, regional accounts, supply and use, input-output tables
Quarterly National Accounts Section is responsible for quarterly main aggregates and quarterly non-financial sector accounts
Government Finance Section is responsible for the preparation of EDP notification, estimation of the general government non-financial and financial accounts and government debt
Foreign Trade Statistics Section is responsible for statistics on foreign trade of goods
Producer Price Indices Section is responsible for statistics on producer price indices
Consumer Price Indices Section is responsible for statistics on consumer price indices
Latvijas Banka is responsible for the compilation of Balance of Payments statistics.
1.3. Contact name
Confidential because of GDPR
1.4. Contact person function
Confidential because of GDPR
1.5. Contact mail address
Central Statistical Bureau of Latvia
1, Lāčplēša Street
Riga, LV-1010
LATVIA
1.6. Contact email address
Confidential because of GDPR
1.7. Contact phone number
Confidential because of GDPR
1.8. Contact fax number
Confidential because of GDPR
2.1. Metadata last certified
2 October 2025
2.2. Metadata last posted
2 October 2025
2.3. Metadata last update
2 October 2025
3.1. Data description
Regional gross value added (GVA) is a measure of the economic activity of producer units resident in a region. In monetary terms, GVA is expressed as a difference in value between the output of goods and services and intermediate consumption at current prices of the respective year.
Regional Employment measures the total number of people employed within a specific geographic region, including all sectors and industries.
Regional Population measures he total number of people living in a defined geographic area or region, regardless of employment status.
RA data for Latvia are published at a NACE rev.2 A*10 breakdown.
3.2. Classification system
Regional classification in Latvia is governed by the law About the statistical regions of the Republic of Latvia and the administrative units included in them. (Available in Latvian only)
Regional accounts for Latvia are not available for all institutional sectors.
3.4. Statistical concepts and definitions
The compilation of Regional GVA under ESA 2010 follows the same concepts and methods as those used in National Accounts. As a result for Latvia, all modifications introduced at the national level have a corresponding impact at the regional level.
3.5. Statistical unit
In accordance with the ESA 2010 guidelines, two types of units and two corresponding ways of subdividing the economy are used in regional accounts in Latvia:
The institutional uni.
The local kind-of-activity unit (local KAU).
3.6. Statistical population
The average annual population in RA is defined as the average of the population on January 1 of two consecutive years.
3.7. Reference area
Regional accounts for Latvia are estimated at the NUTS 3 level: Latgale (LV005), Zemgale (LV009), Riga (LV00A), Kurzeme (LV00B), and Vidzeme (LV00C).
There are no regional accounts broken down at the NUTS level 2, as it encompasses the entire economy of Latvia.
3.8. Coverage - Time
The time series of RA data for Latvia starts in 2000, and periods referred to are calendar years.
3.9. Base period
RA data for Latvia are published in current prices only.
There are differences in the Latvian regional national accounts time series for the period up to 2013, published in Eurobase in national currency and euros. This is due to the different Euro exchange rate used. As per the agreement with Eurostat, all transmissions after the official date of the changeover to the Euro (for Latvia, January 1, 2014) were reported in "Euro-fixed" terms – dividing the whole time series in old national currency by the fixed conversion rate to the Euro. The Euro-fixed series becomes the "National Currency" for all future data transmissions relating to the period before the changeover to the Euro. The series in "Euro-fixed" had the same growth rates as the one expressed in the old national currency. Eurostat applied the floating Euro exchange rates to historic series to calculate "Euro-variable" based data. Both series coincide for years after accession to the euro area but differ for earlier years due to market exchange rate movements.
The accounting period is the calendar quarter, with temporal coverage varying across geographical units.
6.1. Institutional Mandate - legal acts and other agreements
The results of the Latvian RA are transmitted to Eurostat in accordance with the compulsory ESA 2010 Transmission Programme.
CSB does not make any special transmission of regional accounts to international institutions, except to Eurostat.
There are no agreements for regular RA data sharing with national institutions. Data are available publicly for all users in the OSP database.
7.1. Confidentiality - policy
Statistics Law Sections 17 and 19 provide that the CSB of Latvia cannot publish, or otherwise make available to any individual or organisation, statistics that would enable the identification of data of any individual person or entity.
7.2. Confidentiality - data treatment
Statistics Law Sections 17 and 19 provide that the CSB of Latvia cannot publish, or otherwise make available to any individual or organisation, statistics that would enable the identification of data of any individual person or entity.
There are no confidentiality issues for Latvia's RA data at the level it is published.
8.1. Release calendar
The CSB of Latvia estimates, publishes, and transmits data on regional national accounts to Eurostat in accordance with the ESA 2010 methodology and the deadlines set in the ESA 2010 Transmission Program. The Advance dissemination calendar for planned national publications, press releases, and statistical tables is publicly available on the OSP website and typically covers the full calendar year.
The regional GVA dataset of Latvia is released in December of each year. Final results at the NUTS 2 and NUTS 3 levels are published no later than 24 months after the reference year.
Regional national accounts data are published on the Official Statistics Portal of Latvia and are available for all users: Stat website.
Regional national accounts data are published on the Official Statistics Portal of Latvia and are available for all users.
The regional accounts data are presented in four tables:
IKR010: Gross domestic product by statistical region and state cities
IKR020: Value added and its share, total employment, employees and self-employed by kind of economic activity and region and State city
IKR060: Gross domestic product and gross value added by region, State city and municipality
IKR040: Dispersion of regional (NUTS 3) GDP per inhabitant
The frequency of annual data dissemination and revision is described in the revision policy of CSB of Latvia.
10.1. Dissemination format - News release
The news release for RA data is published on the CSB of Latvia website in accordance with the Advanced Dissemination Calendar. The release calendar does not cover AdHoc press releases, which are also possible and are available only on the website.
10.2. Dissemination format - Publications
Annually, a section on national accounts is included in the statistical yearbook, the latest addition 2024 (in parallel languages – Latvian and English) available at Stat gov website as well as its short version “Latvia. Statistics in Brief.’ 2024 edition available at Stat gov website.
The portal operates using a search engine, allowing users to type a keyword or select specific themes.
10.4. Dissemination format - microdata access
Not applicable.
10.5. Dissemination format - other
Information on Regional national accounts is also posted in social media – in both CSB’s accounts in x.com/CSB_Latvia (in English) and x.com/CSP_Latvija (in Latvian) as well as on Facebook (@CSPlatvija).
10.6. Documentation on methodology
CSB of Latvia is using the EU-level documentation on methodology.
The CSB of Latvia prepares Quality Reports on selected statistical domains (including Regional National Accounts) in accordance with the EU requirements. Quality Reports provide internal and external data users with detailed information on the quality of the data compiled and describe the processing stages of statistical products.
11.1. Quality assurance
The CSB prepares Quality Reports on selected statistical domains, including regional national accounts, in accordance with EU requirements. Quality Reports provide internal and external data users with detailed information on the quality of the data compiled and describe the processing stages of statistical products.
Validation, output and consistency checks are performed regularly.
11.2. Quality management - assessment
The CSB of Latvia prepares Quality Reports on selected statistical domains, including regional national accounts, in accordance with EU requirements.
12.1. Relevance - User Needs
At the national level, ministries of finance and regional development, scientific and academic communities, and economic researchers are the entities that most frequently use regional national accounts data.
In Latvia, the needs and potential for data production are discussed with users during the annual compilation process of the Official Statistics Programme (in Latvian only).
12.2. Relevance - User Satisfaction
At the CSB of Latvia, a specific survey to assess user satisfaction with national accounts data has not been conducted.
12.3. Completeness
CSB of Latvia prepares and transmits to Eurostat all mandatory RA data series in accordance with the ESA 2010 Transmission programme.
13.1. Accuracy - overall
Latvia performs regular data revisions to RA.
13.2. Sampling error
Not available.
13.3. Non-sampling error
Not available.
14.1. Timeliness
The ESA 2010 transmission programme defines the required timeliness for all Latvia's national accounts tables. Regional national accounts tables become available in December of each year. Final results at the NUTS 2 and NUTS 3 levels are published not later than 24 months after the reference year.
14.2. Punctuality
In 2024, Latvia's punctuality was high. All required aggregate tables were transmitted by the legal deadlines.
15.1. Comparability - geographical
The comparability is insured by the application of common definitions (European System of Accounts ESA 2010).
15.2. Comparability - over time
There are no data breaks in the time series of Latvian regional national accounts data.
15.3. Coherence - cross domain
Regional national accounts may be checked against the corresponding annual series.
15.4. Coherence - internal
Latvia strives to maintain internal coherence between regional and annual national accounts data sets.
Not available.
17.1. Data revision - policy
Latvia, in principle, adheres to the amended harmonised European revision policy agreed by the CMFB in June 2017. Please see the link regarding the revision policy: CSP website.
The last benchmark revision of annual GDP and related aggregates was carried out in 2024.
17.2. Data revision - practice
The information on the main reasons for Latvia's national accounts data revisions is published on the Official statistics portal: Stat website.
18.1. Source data
The compilation of Latvia's Regional GVA is based on existing data sources used for calculating gross value added at the national level and supplemented by additional data sources required for regionalisation. The data sources are described in the Regional Account Inventory
18.2. Frequency of data collection
RA in Latvia are based on data sources collected annually.
Regional accounts data are released based on the data transmission programme at the end of December of each year.
18.3. Data collection
Data collection in Latvia is usually organised via:
An internal Work Plan, which is renewed on an annual basis and determines cooperation between different statistical departments on data sharing;
A signed agreement and technical protocol for cooperation with other institutions on what, when, how, etc., the data would be delivered (see point 6.2);
Participation of the Macroeconomic Statistics Department in the development of the questionnaires of statistical surveys of other departments.
18.4. Data validation
In Latvia, data validation is applied in several stages:
firstly, source data for annual GVA estimates are validated for completeness, consistency and outliers and communicated with source data providers if necessary,
then estimated initial annual GVA aggregates are validated during the compilation process and during the balancing process,
regional GVA is validated against the totals,
and finally, before the transmission of RA data to Eurostat, the obtained RA results are validated one last time.
18.5. Data compilation
Latvia Regional Accounts are compiled in their entirety at the Central Statistical Bureau of Latvia (CSB).
No adjustments for commuting are needed for Latvia's RA because regionalisation is based on the legal address of the place of production or organisation, and GVA is broken down by region based on the number of employees and the place of work. The place of residence is not taken into account.
Not applicable.
Regional gross value added (GVA) is a measure of the economic activity of producer units resident in a region. In monetary terms, GVA is expressed as a difference in value between the output of goods and services and intermediate consumption at current prices of the respective year.
Regional Employment measures the total number of people employed within a specific geographic region, including all sectors and industries.
Regional Population measures he total number of people living in a defined geographic area or region, regardless of employment status.
RA data for Latvia are published at a NACE rev.2 A*10 breakdown.
2 October 2025
The compilation of Regional GVA under ESA 2010 follows the same concepts and methods as those used in National Accounts. As a result for Latvia, all modifications introduced at the national level have a corresponding impact at the regional level.
In accordance with the ESA 2010 guidelines, two types of units and two corresponding ways of subdividing the economy are used in regional accounts in Latvia:
The institutional uni.
The local kind-of-activity unit (local KAU).
The average annual population in RA is defined as the average of the population on January 1 of two consecutive years.
Regional accounts for Latvia are estimated at the NUTS 3 level: Latgale (LV005), Zemgale (LV009), Riga (LV00A), Kurzeme (LV00B), and Vidzeme (LV00C).
There are no regional accounts broken down at the NUTS level 2, as it encompasses the entire economy of Latvia.
The accounting period is the calendar quarter, with temporal coverage varying across geographical units.
Latvia performs regular data revisions to RA.
There are differences in the Latvian regional national accounts time series for the period up to 2013, published in Eurobase in national currency and euros. This is due to the different Euro exchange rate used. As per the agreement with Eurostat, all transmissions after the official date of the changeover to the Euro (for Latvia, January 1, 2014) were reported in "Euro-fixed" terms – dividing the whole time series in old national currency by the fixed conversion rate to the Euro. The Euro-fixed series becomes the "National Currency" for all future data transmissions relating to the period before the changeover to the Euro. The series in "Euro-fixed" had the same growth rates as the one expressed in the old national currency. Eurostat applied the floating Euro exchange rates to historic series to calculate "Euro-variable" based data. Both series coincide for years after accession to the euro area but differ for earlier years due to market exchange rate movements.
Latvia Regional Accounts are compiled in their entirety at the Central Statistical Bureau of Latvia (CSB).
The compilation of Latvia's Regional GVA is based on existing data sources used for calculating gross value added at the national level and supplemented by additional data sources required for regionalisation. The data sources are described in the Regional Account Inventory
The frequency of annual data dissemination and revision is described in the revision policy of CSB of Latvia.
The ESA 2010 transmission programme defines the required timeliness for all Latvia's national accounts tables. Regional national accounts tables become available in December of each year. Final results at the NUTS 2 and NUTS 3 levels are published not later than 24 months after the reference year.
The comparability is insured by the application of common definitions (European System of Accounts ESA 2010).
There are no data breaks in the time series of Latvian regional national accounts data.
