Estonia vs Latvia: Manufacturing, value added

Estonia
3.17 billion constant LCU
in 2025
Latvia
3.51 billion constant LCU
in 2025
Estonia rank
143rd
Latvia rank
141st

Manufacturing, value added over time

  • Estonia
  • Latvia
1.0B2.0B3.0B4.0B199520102025

How they compare

Latvia currently reports 3.51 billion constant LCU against 3.17 billion constant LCU in Estonia, a difference of 339.22 million constant LCU.

That makes Latvia's figure about 1.1 times Estonia's.

The two have swapped places 2 times across 31 shared years of data; in 1995 it was Latvia ahead.

Estonia ranks 143rd and Latvia ranks 141st of 191 countries.

Across the 4 decades both report, Estonia averaged higher in 1 and Latvia in 3.

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 1.19 billion constant LCU 1.88 billion constant LCU 685.09 million constant LCU Latvia
2000s 2.16 billion constant LCU 2.67 billion constant LCU 514.19 million constant LCU Latvia
2010s 3.08 billion constant LCU 2.88 billion constant LCU 191.45 million constant LCU Estonia
2020s 3.33 billion constant LCU 3.49 billion constant LCU 157.96 million constant LCU Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher manufacturing, value added, Estonia or Latvia?
Latvia, at 3.51 billion constant LCU against 3.17 billion constant LCU in Estonia as of 2025.
What is the difference in manufacturing, value added between Estonia and Latvia?
339.22 million constant LCU, with Latvia ahead.
How many years of comparable data are there for Estonia and Latvia?
31 years are reported by both, from 1995 to 2025.
How do Estonia and Latvia rank globally for manufacturing, value added?
Estonia ranks 143rd and Latvia ranks 141st of 191 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Latvia: Manufacturing, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 18 August 2026, from https://economy.statizoid.com/compare/manufacturing-value-added-constant-lcu/estonia/latvia/

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About this data

Indicator
Manufacturing, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 7,651 data points, 1960–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.