Business enterprise R&D expenditure in high-tech sectors … 1.1 in Latvia
Latvia: Business enterprise R&D expenditure in high-tech sectors … 1.1 was 31 Million euro in 2009. ◆ Volatile
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Latvia, 1995–2009
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for business enterprise r&d expenditure in high-tech sectors by nace rev. in Latvia is 31 Million euro, measured in 2009.
Compared with earlier readings it 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 … 1.1 in Latvia, year by year
| 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% |
Latvia compared with similar countries
- Latvia's 31 Million euro is below the median for Europe & Central Asia, which is 1,284 Million euro, 2% of the median. (30 countries reporting)
- Latvia's 31 Million euro is below the median for high income countries, which is 1,590 Million euro, 2% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Business enterprise R&D expenditure in high-tech sectors … 1.1 in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +275.0% | 4 Million euro | 15 Million euro |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
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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