Latvia vs Luxembourg: Manufacturing, value added
Manufacturing, value added over time
- Latvia
- Luxembourg
How they compare
Luxembourg currently reports 3.70 billion constant LCU against 3.51 billion constant LCU in Latvia, a difference of 196.02 million constant LCU.
That makes Luxembourg's figure about 1.1 times Latvia's.
The two have swapped places 8 times across 31 shared years of data; in 1995 it was Luxembourg ahead.
Latvia ranks 141st and Luxembourg ranks 138th of 192 countries.
Across the 4 decades both report, Latvia averaged higher in 2 and Luxembourg in 2.
Head to head by decade
| Decade | Latvia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.88 billion constant LCU | 2.40 billion constant LCU | 518.99 million constant LCU | Luxembourg |
| 2000s | 2.67 billion constant LCU | 2.97 billion constant LCU | 300.14 million constant LCU | Luxembourg |
| 2010s | 2.88 billion constant LCU | 2.77 billion constant LCU | 110.26 million constant LCU | Latvia |
| 2020s | 3.49 billion constant LCU | 3.42 billion constant LCU | 68.55 million constant LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Latvia or Luxembourg?
- Luxembourg, at 3.70 billion constant LCU against 3.51 billion constant LCU in Latvia as of 2025.
- What is the difference in manufacturing, value added between Latvia and Luxembourg?
- 196.02 million constant LCU, with Luxembourg ahead.
- How many years of comparable data are there for Latvia and Luxembourg?
- 31 years are reported by both, from 1995 to 2025.
- How do Latvia and Luxembourg rank globally for manufacturing, value added?
- Latvia ranks 141st and Luxembourg ranks 138th of 192 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.
Individual pages
About this data
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.