Agricultural land renting prices for one year by region in Latvija
Latvija: 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 Latvija, 2011–2024
Source: Eurostat. Measured in Euro per hectare.
Analysis
Latvija 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 Latvija peaked at 111 Euro per hectare in 2024 and was at its lowest, 38 Euro per hectare, in 2014.
That places Latvija 162nd out of 182 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 renting prices for one year by region in Latvija, 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 |
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 prices by region 4,825 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 renting prices for one year by region in Latvija?
- Agricultural land renting prices for one year by region in Latvija 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 Latvija?
- 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 Latvija?
- The lowest recorded value was 38 Euro per hectare in 2014.
- How does Latvija rank for agricultural land renting prices for one year by region?
- Latvija ranks 162nd out of 182 regions with data for 2024.
- Is agricultural land renting prices for one year by region rising or falling in Latvija?
- Over the last ten years it is up 192.1%. 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 renting prices for one year by region. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Eurostat).