Agricultural land prices by region in Latvija
Latvija: Agricultural land prices by region was 4,825 Euro per hectare in 2024. ▲ Rising
Agricultural land prices by region in Latvija, 2011–2024
Source: Eurostat. Measured in Euro per hectare.
Analysis
The most recent figure for agricultural land prices by region in Latvija is 4,825 Euro per hectare, measured in 2024.
The figure 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 Latvija peaked at 4,980 Euro per hectare in 2013 and was at its lowest, 2,336 Euro per hectare, in 2011.
That places Latvija 219th out of 242 regions with data for 2024, putting it 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 Latvija, 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 |
More economy & growth data for Latvija
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 109 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 40,298 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 1,865 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 35,114 Current prices, million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 40,298 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 571.1 Million euro (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 6.7 Index (2025)
- Agricultural land renting prices for one year by region 111 Euro per hectare (2024)
- Irrigation of agricultural holdings by utilised agricultural area 1.97 million Hectare (2023)
- Farms and hectares by crops, utilised agricultural area, economic 1.97 million Hectare (2023)
Frequently asked questions
- What is agricultural land prices by region in Latvija?
- Agricultural land prices by region in Latvija was 4,825 Euro per hectare in 2024, according to Eurostat.
- What is the highest agricultural land prices by region recorded in Latvija?
- The highest recorded value was 4,980 Euro per hectare in 2013.
- What is the lowest agricultural land prices by region recorded in Latvija?
- The lowest recorded value was 2,336 Euro per hectare in 2011.
- How does Latvija rank for agricultural land prices by region?
- Latvija ranks 219th out of 242 regions with data for 2024.
- Is agricultural land prices by region rising or falling in Latvija?
- Over the last ten years it is up 89.1%. The long-run trend across the full record is rising.
- Where does this Latvija 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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