Editing Economy of Latvia (section)

===Economic recovery 2010–2012===

The economic situation has since 2010 improved,<ref>[http://www.bbn.ee/article/2010/02/08/Moody_s_Latvian_economy_is_stabilizing Moody's: Latvian economy is stabilizing] {{Webarchive|url=https://web.archive.org/web/20160306025950/http://bbn.ee/article/2010/02/08/moody_s_latvian_economy_is_stabilizing |date=6 March 2016 }} Baltic Business News, Retrieved on 3 September 2012</ref> and by 2012 Latvia was described as a success by IMF managing director Christine Lagarde<ref>[http://www.leta.lv/eng/home/important/619F6516-7334-4B81-B10C-8D4FA60B09EF/ Those who change will endure – IMF managing director] {{Webarchive|url=https://web.archive.org/web/20190810223959/http://www.leta.lv/eng/home/important/619F6516-7334-4B81-B10C-8D4FA60B09EF/ |date=10 August 2019 }} [[LETA]] Retrieved on 5 June 2012</ref> showing strong growth forecasts. The Latvian economy grew by 5.5% in 2011<ref>[http://www.danskebanka.lv/en/about/press/2012/danske-bank-expect-latvian-gdp-to-grow/ Danske Bank: we expect Latvian GDP to grow by 2.0% y/y in 2012] Retrieved on 3 September 2012</ref> and by 5.6% in 2012 reaching the highest rate of growth in Europe.<ref>[http://www.macroeconomics.lv/gdp-growth-latvia-56-fastest-europe-growth-moderate-year GDP growth in Latvia, at 5.6%, the fastest in Europe; growth to moderate this year] {{webarchive|url=https://web.archive.org/web/20131022124109/http://www.macroeconomics.lv/gdp-growth-latvia-56-fastest-europe-growth-moderate-year |date=22 October 2013 }}</ref> The GDP surpassed the pre-crisis level in 2018.<ref>{{Cite web|title=GDP (constant 2015 US$) – Latvia {{!}} Data|url=https://data.worldbank.org/indicator/NY.GDP.MKTP.KD?locations=LV|access-date=2021-12-01|website=data.worldbank.org}}</ref>