Agricultural land prices by region in Latvia

Latvia: Agricultural land prices by region was 4,825 in 2024. ▲ Rising

Latest (2024)
4,825
Change on year
up 5.1%
World rank
24th
of 25 countries
All-time high
4,980
in 2013
All-time low
2,336
in 2011
Years of data
14
2011–2024

Agricultural land prices by region in Latvia, 2011–2024

01.0k2.0k3.0k4.0k5.0k2011201720242011: 2.3k2012: 4.5k2013: 5.0k2014: 2.6k2015: 2.7k2016: 2.9k2017: 3.0k2018: 3.9k2019: 3.9k2020: 4.2k2021: 4.3k2022: 4.4k2023: 4.6k2024: 4.8k

Source: Eurostat.

Analysis

The most recent figure for agricultural land prices by region in Latvia is 4,825, 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 in 2013 and was at its lowest, 2,336, in 2011.

Latvia ranks 24th of 25 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

Annual values for Agricultural land prices by region in Latvia, 2011 to 2024.
Year Value Change
2011 2,336
2012 4,475 +91.6%
2013 4,980 +11.3%
2014 2,552 -48.8%
2015 2,654 +4.0%
2016 2,917 +9.9%
2017 2,975 +2.0%
2018 3,856 +29.6%
2019 3,922 +1.7%
2020 4,182 +6.6%
2021 4,331 +3.6%
2022 4,420 +2.1%
2023 4,591 +3.9%
2024 4,825 +5.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 3,407 2,336 4,980 9
2020s 4,470 4,182 4,825 5

Countries ranked near Latvia

  1. 21 Slovakia 5,823 compare
  2. 22 Lithuania 5,590 compare
  3. 23 Guadeloupe 5,430 compare
  4. 25 Martinique 4,010 compare

See the full ranking of 267 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is agricultural land prices by region in Latvia?
Agricultural land prices by region in Latvia was 4,825 in 2024, according to Eurostat.
What is the highest agricultural land prices by region recorded in Latvia?
The highest recorded value was 4,980 in 2013.
What is the lowest agricultural land prices by region recorded in Latvia?
The lowest recorded value was 2,336 in 2011.
How does Latvia rank for agricultural land prices by region?
Latvia ranks 24th out of 25 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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Agricultural land prices by region in Latvia. Statizoid, drawing on Eurostat. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/agricultural-land-prices-by-region/latvia/

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About this data

Indicator
Agricultural land prices by region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
267 places, 3,178 data points, 2011–2024
Last refreshed