Estonia vs Latvia: Manufacturing, value added

Estonia
4.49 billion current LCU
in 2025
Latvia
4.30 billion current LCU
in 2025
Estonia rank
148th
Latvia rank
150th

Manufacturing, value added over time

  • Estonia
  • Latvia
01.0B2.0B3.0B4.0B199520102025

How they compare

Estonia currently reports 4.49 billion current LCU against 4.30 billion current LCU in Latvia, a difference of 189.94 million current LCU.

The two have swapped places 5 times across 31 shared years of data; in 1995 it was Latvia ahead.

Estonia ranks 148th and Latvia ranks 150th of 204 countries.

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

Head to head by decade

Decade Estonia Latvia Difference Ahead
1990s 676.58 million current LCU 847.53 million current LCU 170.95 million current LCU Latvia
2000s 1.61 billion current LCU 1.55 billion current LCU 57.39 million current LCU Estonia
2010s 2.87 billion current LCU 2.63 billion current LCU 240.00 million current LCU Estonia
2020s 4.19 billion current LCU 4.08 billion current LCU 111.09 million current LCU Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher manufacturing, value added, Estonia or Latvia?
Estonia, at 4.49 billion current LCU against 4.30 billion current LCU in Latvia as of 2025.
What is the difference in manufacturing, value added between Estonia and Latvia?
189.94 million current LCU, with Estonia 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 148th and Latvia ranks 150th of 204 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Manufacturing, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 8,253 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.