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Latvia’s Stock Market Shrinks in 2024 After Decade of Growth

A surprising twist in Latvia’s economy: while trade volumes fell, soaring prices pushed export values to new heights. What’s behind this shift?

In this image there is a super market, in that super market there are groceries.
In this image there is a super market, in that super market there are groceries.

Latvia’s Stock Market Shrinks in 2024 After Decade of Growth

Latvia’s stock market shrank in 2024 after years of steady growth. Both imports and exports fell, reversing long-term trends. Yet despite the decline, the value of stock consumption and export prices hit record highs.

The Latvian stock market contracted by X% in 2024, dropping to $X in total value. This marked the third straight year of decline after a decade of expansion.

Latvia’s stock sector faced a downturn in 2024, with both imports and exports shrinking. Higher unit prices, however, drove up the total value of exports and consumption. The market now adjusts after a prolonged period of growth.

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