Agricultural land renting prices for one year by region in Latvia

Latvia: Agricultural land renting prices for one year by region was 111 Euro per hectare in 2024. ▲ Rising

Latest (2024)
111 Euro per hectare
Change on year
up 9.9%
World rank
24th
of 30 countries
All-time high
111 Euro per hectare
in 2024
All-time low
38 Euro per hectare
in 2014
Years of data
14
2011–2024

Agricultural land renting prices for one year by region in Latvia, 2011–2024

4060801001202011201720242011: 57 Euro per hectare2012: 67 Euro per hectare2013: 71 Euro per hectare2014: 38 Euro per hectare2015: 43 Euro per hectare2016: 46 Euro per hectare2017: 57 Euro per hectare2018: 62 Euro per hectare2019: 64 Euro per hectare2020: 71 Euro per hectare2021: 83 Euro per hectare2022: 92 Euro per hectare2023: 101 Euro per hectare2024: 111 Euro per hectare

Source: Eurostat. Measured in Euro per hectare.

Analysis

Latvia recorded 111 Euro per hectare for agricultural land renting prices for one year by region in 2024. That is the highest value across all 14 years on record.

That represents a change of up 9.9% on the previous year and up 192.1% over ten years.

Over the whole period, agricultural land renting prices for one year by region in Latvia peaked at 111 Euro per hectare in 2024 and was at its lowest, 38 Euro per hectare, in 2014.

Latvia ranks 24th of 30 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 renting prices for one year by region in Latvia, year by year

Annual values for Agricultural land renting prices for one year by region in Latvia, 2011 to 2024.
Year Euro per hectare Change
2011 57 Euro per hectare
2012 67 Euro per hectare +17.5%
2013 71 Euro per hectare +6.0%
2014 38 Euro per hectare -46.5%
2015 43 Euro per hectare +13.2%
2016 46 Euro per hectare +7.0%
2017 57 Euro per hectare +23.9%
2018 62 Euro per hectare +8.8%
2019 64 Euro per hectare +3.2%
2020 71 Euro per hectare +10.9%
2021 83 Euro per hectare +16.9%
2022 92 Euro per hectare +10.8%
2023 101 Euro per hectare +9.8%
2024 111 Euro per hectare +9.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 56.11 Euro per hectare 38 Euro per hectare 71 Euro per hectare 9
2020s 91.6 Euro per hectare 71 Euro per hectare 111 Euro per hectare 5

Countries ranked near Latvia

  1. 22 Estonia 115 Euro per hectare compare
  2. 22 Estonia 115 Euro per hectare compare
  3. 24 Latvia 111 Euro per hectare compare
  4. 26 Malta 91 Euro per hectare compare
  5. 27 Croatia 74 Euro per hectare compare
  6. 27 Croatia 74 Euro per hectare compare

See the full ranking of 212 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is agricultural land renting prices for one year by region in Latvia?
Agricultural land renting prices for one year by region in Latvia was 111 Euro per hectare in 2024, according to Eurostat.
What is the highest agricultural land renting prices for one year by region recorded in Latvia?
The highest recorded value was 111 Euro per hectare in 2024.
What is the lowest agricultural land renting prices for one year by region recorded in Latvia?
The lowest recorded value was 38 Euro per hectare in 2014.
How does Latvia rank for agricultural land renting prices for one year by region?
Latvia ranks 24th out of 30 countries with data for 2024.
Is agricultural land renting prices for one year by region rising or falling in Latvia?
Over the last ten years it is up 192.1%. 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 renting prices for one year by region. Statizoid updates them automatically from the source API.

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Agricultural land renting prices for one year by region in Latvia. Statizoid, drawing on Eurostat. Retrieved 10 September 2026, from https://economy.statizoid.com/stat/agricultural-land-renting-prices-for-one-year-by-region/latvia/

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About this data

Indicator
Agricultural land renting prices for one year by region
Unit
Euro per hectare
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
212 places, 2,345 data points, 2011–2024
Last refreshed