Follow Latvia immigration and Latvia's economy: According to news from the LETA news agency on November 5, the European Commission recently predicted that Latvia's economic growth for 2013 will be 4%. However, Latvia's GDP is not expected to see significant growth in 2014-2015, with growth rates of 4.1% and 4.2% respectively. As Latvia will join the Eurozone early next year, the annual inflation rate is expected to reach 2.1%, and the unemployment rate is projected to fall to 10.3% and 9% in 2014 and 2015, respectively.
According to other European Commission forecasts, Estonia's GDP will grow by 1.3%, 3%, and 3.9% from 2013 to 2015, while Lithuania's GDP will grow by 3.4%, 3.6%, and 3.9% during the same period.
