Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Latvia

Latvia: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 31 Million euro in 2009. ◆ Volatile

Latest (2009)
31 Million euro
Change on year
down 11.4%
World rank
44th
of 47 countries
All-time high
57 Million euro
in 2006
All-time low
4 Million euro
in 1999
Years of data
15
1995–2009

Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Latvia, 1995–2009

02040601995200220091995: 5 Million euro1996: 5 Million euro1997: 5 Million euro1998: 5 Million euro1999: 4 Million euro2000: 15 Million euro2001: 14 Million euro2002: 17 Million euro2003: 13 Million euro2004: 21 Million euro2005: 30 Million euro2006: 57 Million euro2007: 41 Million euro2008: 35 Million euro2009: 31 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Latvia recorded 31 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2009.

The figure is down 11.4% on the previous year and up 675.0% over ten years.

Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Latvia peaked at 57 Million euro in 2006 and was at its lowest, 4 Million euro, in 1999.

That places Latvia 44th out of 47 countries with data for 2009, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Latvia, year by year

Annual values for Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 1.1 (1993-2009) in Latvia, 1995 to 2009.
Year Million euro Change
1995 5 Million euro
1996 5 Million euro +0.0%
1997 5 Million euro +0.0%
1998 5 Million euro +0.0%
1999 4 Million euro -20.0%
2000 15 Million euro +275.0%
2001 14 Million euro -6.7%
2002 17 Million euro +21.4%
2003 13 Million euro -23.5%
2004 21 Million euro +61.5%
2005 30 Million euro +42.9%
2006 57 Million euro +90.0%
2007 41 Million euro -28.1%
2008 35 Million euro -14.6%
2009 31 Million euro -11.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.8 Million euro 4 Million euro 5 Million euro 5
2000s 27.4 Million euro 13 Million euro 57 Million euro 10

Countries ranked near Latvia

  1. 41 Bulgaria 55 Million euro compare
  2. 42 Lithuania 53 Million euro compare
  3. 42 Lithuania 53 Million euro compare
  4. 44 Latvia 31 Million euro compare
  5. 46 Malta 20 Million euro compare
  6. 47 Cyprus 16 Million euro compare

See the full ranking of 49 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Latvia?
Business enterprise r&d expenditure in high-tech sectors by nace rev. in Latvia was 31 Million euro in 2009, according to Eurostat.
What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Latvia?
The highest recorded value was 57 Million euro in 2006.
What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Latvia?
The lowest recorded value was 4 Million euro in 1999.
How does Latvia rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
Latvia ranks 44th out of 47 countries with data for 2009.
Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Latvia?
Over the last ten years it is up 675.0%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 1.1 (1993-2009). Statizoid updates them automatically from the source API.

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Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Latvia. Statizoid, drawing on Eurostat. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/business-enterprise-r-and-d-expenditure-in-high-tech-sectors-by-nace-rev-1-1-1993-2009/latvia-2/

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About this data

Indicator
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 1.1 (1993-2009)
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
49 places, 712 data points, 1993–2009
Last refreshed