Chemicals in Latvia
Latvia: Chemicals was 9.3% in 2023. ▬ Flat
Chemicals in Latvia, 1993–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for chemicals in Latvia is 9.3%, measured in 2023. That is the highest value across all 31 years on record.
The figure is up 218.4% on the previous year and up 420.5% over ten years.
Over the whole period, chemicals in Latvia peaked at 9.3% in 2023 and was at its lowest, 1.8%, in 2013.
Latvia ranks 68th of 153 countries on this measure, in the middle of the range.
Chemicals in Latvia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1993 | 5.4% | — |
| 1994 | 3.0% | -44.8% |
| 1995 | 3.8% | +29.9% |
| 1996 | 3.8% | -1.5% |
| 1997 | 5.4% | +42.1% |
| 1998 | 2.5% | -52.8% |
| 1999 | 3.3% | +31.0% |
| 2000 | 3.3% | -0.7% |
| 2001 | 3.7% | +11.3% |
| 2002 | 3.0% | -18.1% |
| 2003 | 3.4% | +13.2% |
| 2004 | 3.6% | +5.9% |
| 2005 | 4.1% | +13.3% |
| 2006 | 4.1% | -0.6% |
| 2007 | 3.7% | -9.7% |
| 2008 | 2.3% | -36.3% |
| 2009 | 3.2% | +35.4% |
| 2010 | 4.3% | +36.6% |
| 2011 | 2.2% | -48.0% |
| 2012 | 1.9% | -15.4% |
| 2013 | 1.8% | -6.0% |
| 2014 | 2.3% | +26.0% |
| 2015 | 2.1% | -7.4% |
| 2016 | 2.2% | +3.9% |
| 2017 | 2.2% | +1.1% |
| 2018 | 3.0% | +39.3% |
| 2019 | 2.6% | -16.0% |
| 2020 | 7.5% | +191.5% |
| 2021 | 3.1% | -58.9% |
| 2022 | 2.9% | -5.0% |
| 2023 | 9.3% | +218.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.9% | 2.5% | 5.4% | 7 |
| 2000s | 3.4% | 2.3% | 4.1% | 10 |
| 2010s | 2.5% | 1.8% | 4.3% | 10 |
| 2020s | 5.7% | 2.9% | 9.3% | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Final consumption expenditure (constant 2015 US$), per capita 13,539 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 13.75 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 27,517 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 8.96 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.9255 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 24,351 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 6.59 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7243 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 19,058 constant 2015 US$ per person (2025)
Frequently asked questions
- What is chemicals in Latvia?
- Chemicals in Latvia was 9.3% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Latvia?
- The highest recorded value was 9.3% in 2023.
- What is the lowest chemicals recorded in Latvia?
- The lowest recorded value was 1.8% in 2013.
- How does Latvia rank for chemicals?
- Latvia ranks 68th out of 153 countries with data for 2023.
- Is chemicals rising or falling in Latvia?
- Over the last ten years it is up 420.5%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).