Agricultural land prices by region in Latvia
Latvia: Agricultural land prices by region was 4,825 Euro per hectare in 2024. ▲ Rising
Latest (2024)
4,825 Euro per hectare
Change on year
up 5.1%
World rank
32nd
of 34 countries
All-time high
4,980 Euro per hectare
in 2013
All-time low
2,336 Euro per hectare
in 2011
Years of data
14
2011–2024
Agricultural land prices by region in Latvia, 2011–2024
Source: Eurostat. Measured in Euro per hectare.
Analysis
The most recent figure for agricultural land prices by region in Latvia is 4,825 Euro per hectare, measured in 2024.
Compared with earlier readings it is up 5.1% on the previous year and up 89.1% over ten years.
Over the whole period, agricultural land prices by region in Latvia peaked at 4,980 Euro per hectare in 2013 and was at its lowest, 2,336 Euro per hectare, in 2011.
Latvia ranks 32nd of 34 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Agricultural land prices by region in Latvia, year by year
| Year | Euro per hectare | Change |
|---|---|---|
| 2011 | 2,336 Euro per hectare | — |
| 2012 | 4,475 Euro per hectare | +91.6% |
| 2013 | 4,980 Euro per hectare | +11.3% |
| 2014 | 2,552 Euro per hectare | -48.8% |
| 2015 | 2,654 Euro per hectare | +4.0% |
| 2016 | 2,917 Euro per hectare | +9.9% |
| 2017 | 2,975 Euro per hectare | +2.0% |
| 2018 | 3,856 Euro per hectare | +29.6% |
| 2019 | 3,922 Euro per hectare | +1.7% |
| 2020 | 4,182 Euro per hectare | +6.6% |
| 2021 | 4,331 Euro per hectare | +3.6% |
| 2022 | 4,420 Euro per hectare | +2.1% |
| 2023 | 4,591 Euro per hectare | +3.9% |
| 2024 | 4,825 Euro per hectare | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3,407 Euro per hectare | 2,336 Euro per hectare | 4,980 Euro per hectare | 9 |
| 2020s | 4,470 Euro per hectare | 4,182 Euro per hectare | 4,825 Euro per hectare | 5 |
Countries ranked near Latvia
- 29 Lithuania 5,590 Euro per hectare compare
- 29 Lithuania 5,590 Euro per hectare compare
- 31 Guadeloupe 5,430 Euro per hectare compare
- 32 Latvia 4,825 Euro per hectare compare
- 34 Martinique 4,010 Euro per hectare compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is agricultural land prices by region in Latvia?
- Agricultural land prices by region in Latvia was 4,825 Euro per hectare in 2024, according to Eurostat.
- What is the highest agricultural land prices by region recorded in Latvia?
- The highest recorded value was 4,980 Euro per hectare in 2013.
- What is the lowest agricultural land prices by region recorded in Latvia?
- The lowest recorded value was 2,336 Euro per hectare in 2011.
- How does Latvia rank for agricultural land prices by region?
- Latvia ranks 32nd out of 34 countries with data for 2024.
- Is agricultural land prices by region rising or falling in Latvia?
- Over the last ten years it is up 89.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Agricultural land prices by region. Statizoid updates them automatically from the source API.
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