Central bank revises Latvia's 2024 GDP growth down to 1.8 pct

RIGA, March 27 (Xinhua) -- Latvia's economic growth rate for this year has been revised to 1.8 percent, lower than the previously projected 2 percent, the Bank of Latvia said on Wednesday.

The bank's economist Uldis Rutkaste said at a news conference the Baltic country's GDP growth for 2025 is forecast at 3.6 percent and 3.8 percent for 2026.

The central bank expects exports to boost Latvia's growth capac