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
Agricultural land renting prices for one year by region in Latvia, 2011–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Latvia
- Total reserves minus gold (current US$), annual growth rate 12.7 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1062 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,795 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.59 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.229 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 6,027 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 11.68 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.2027 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 5,333 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 6.98 % change on previous year (2025)
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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