Capital stock based productivity indicators by industry in Latvia
Latvia: Capital stock based productivity indicators by industry was 105.01 in 2023. ▲ Rising
Capital stock based productivity indicators by industry in Latvia, 1995–2023
Source: Eurostat.
Analysis
The most recent figure for capital stock based productivity indicators by industry in Latvia is 105.01, measured in 2023. That is the highest value across all 29 years on record.
Compared with earlier readings it is 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 in 2023 and was at its lowest, 51.1, in 1997.
That places Latvia 3rd out of 28 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 | Value | Change |
|---|---|---|
| 1995 | 55.13 | — |
| 1996 | 54.08 | -1.9% |
| 1997 | 51.1 | -5.5% |
| 1998 | 51.76 | +1.3% |
| 1999 | 53.12 | +2.6% |
| 2000 | 56.03 | +5.5% |
| 2001 | 56.88 | +1.5% |
| 2002 | 57.53 | +1.1% |
| 2003 | 59.14 | +2.8% |
| 2004 | 62.22 | +5.2% |
| 2005 | 65.95 | +6.0% |
| 2006 | 67.19 | +1.9% |
| 2007 | 70.74 | +5.3% |
| 2008 | 75.73 | +7.1% |
| 2009 | 89.36 | +18.0% |
| 2010 | 95.46 | +6.8% |
| 2011 | 95 | -0.5% |
| 2012 | 95.74 | +0.8% |
| 2013 | 95.03 | -0.7% |
| 2014 | 97.44 | +2.5% |
| 2015 | 96.91 | -0.5% |
| 2016 | 97.59 | +0.7% |
| 2017 | 98.62 | +1.1% |
| 2018 | 98.4 | -0.2% |
| 2019 | 98.08 | -0.3% |
| 2020 | 100 | +2.0% |
| 2021 | 102.89 | +2.9% |
| 2022 | 104.7 | +1.8% |
| 2023 | 105.01 | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 53.04 | 51.1 | 55.13 | 5 |
| 2000s | 66.08 | 56.03 | 89.36 | 10 |
| 2010s | 96.83 | 95 | 98.62 | 10 |
| 2020s | 103.15 | 100 | 105.01 | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Gross value added at basic prices (GVA) (current US$), annual growth 10.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8694 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,876 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7694 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 20,244 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5567 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,649 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.99 % change on previous year (2025)
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 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 in 2023.
- What is the lowest capital stock based productivity indicators by industry recorded in Latvia?
- The lowest recorded value was 51.1 in 1997.
- How does Latvia rank for capital stock based productivity indicators by industry?
- Latvia ranks 3rd out of 28 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.
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