Capital stock based productivity indicators by industry in Latvia
Latvia: Capital stock based productivity indicators by industry was 105.01 Index, 2020=100 in 2023. ▲ Rising
Latest (2023)
105.01 Index, 2020=100
Change on year
up 0.3%
World rank
3rd
of 36 countries
All-time high
105.01 Index, 2020=100
in 2023
All-time low
51.1 Index, 2020=100
in 1997
Years of data
29
1995–2023
Capital stock based productivity indicators by industry in Latvia, 1995–2023
Source: Eurostat. Measured in Index, 2020=100.
Analysis
The most recent figure for capital stock based productivity indicators by industry in Latvia is 105.01 Index, 2020=100, measured in 2023. That is the highest value across all 29 years on record.
That represents a change of up 0.3% on the previous year and up 10.5% over ten years.
Over the whole period, capital stock based productivity indicators by industry in Latvia peaked at 105.01 Index, 2020=100 in 2023 and was at its lowest, 51.1 Index, 2020=100, in 1997.
That places Latvia 3rd out of 36 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 29 years of available data.
Capital stock based productivity indicators by industry in Latvia, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 1995 | 55.13 Index, 2020=100 | — |
| 1996 | 54.08 Index, 2020=100 | -1.9% |
| 1997 | 51.1 Index, 2020=100 | -5.5% |
| 1998 | 51.76 Index, 2020=100 | +1.3% |
| 1999 | 53.12 Index, 2020=100 | +2.6% |
| 2000 | 56.03 Index, 2020=100 | +5.5% |
| 2001 | 56.88 Index, 2020=100 | +1.5% |
| 2002 | 57.53 Index, 2020=100 | +1.1% |
| 2003 | 59.14 Index, 2020=100 | +2.8% |
| 2004 | 62.22 Index, 2020=100 | +5.2% |
| 2005 | 65.95 Index, 2020=100 | +6.0% |
| 2006 | 67.19 Index, 2020=100 | +1.9% |
| 2007 | 70.74 Index, 2020=100 | +5.3% |
| 2008 | 75.73 Index, 2020=100 | +7.1% |
| 2009 | 89.36 Index, 2020=100 | +18.0% |
| 2010 | 95.46 Index, 2020=100 | +6.8% |
| 2011 | 95 Index, 2020=100 | -0.5% |
| 2012 | 95.74 Index, 2020=100 | +0.8% |
| 2013 | 95.03 Index, 2020=100 | -0.7% |
| 2014 | 97.44 Index, 2020=100 | +2.5% |
| 2015 | 96.91 Index, 2020=100 | -0.5% |
| 2016 | 97.59 Index, 2020=100 | +0.7% |
| 2017 | 98.62 Index, 2020=100 | +1.1% |
| 2018 | 98.4 Index, 2020=100 | -0.2% |
| 2019 | 98.08 Index, 2020=100 | -0.3% |
| 2020 | 100 Index, 2020=100 | +2.0% |
| 2021 | 102.89 Index, 2020=100 | +2.9% |
| 2022 | 104.7 Index, 2020=100 | +1.8% |
| 2023 | 105.01 Index, 2020=100 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.04 Index, 2020=100 | 51.1 Index, 2020=100 | 55.13 Index, 2020=100 | 5 |
| 2000s | 66.08 Index, 2020=100 | 56.03 Index, 2020=100 | 89.36 Index, 2020=100 | 10 |
| 2010s | 96.83 Index, 2020=100 | 95 Index, 2020=100 | 98.62 Index, 2020=100 | 10 |
| 2020s | 103.15 Index, 2020=100 | 100 Index, 2020=100 | 105.01 Index, 2020=100 | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 38.69 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is capital stock based productivity indicators by industry in Latvia?
- Capital stock based productivity indicators by industry in Latvia was 105.01 Index, 2020=100 in 2023, according to Eurostat.
- What is the highest capital stock based productivity indicators by industry recorded in Latvia?
- The highest recorded value was 105.01 Index, 2020=100 in 2023.
- What is the lowest capital stock based productivity indicators by industry recorded in Latvia?
- The lowest recorded value was 51.1 Index, 2020=100 in 1997.
- How does Latvia rank for capital stock based productivity indicators by industry?
- Latvia ranks 3rd out of 36 countries with data for 2023.
- Is capital stock based productivity indicators by industry rising or falling in Latvia?
- Over the last ten years it is up 10.5%. 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 Capital stock based productivity indicators by industry (NACE Rev.2). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Eurostat).