Economic accounts: values at current prices … current NUTS in Latvia
Latvia: Economic accounts: values at current prices … current NUTS was 571.1 Million euro in 2024. ◆ Volatile
Latest (2024)
571.1 Million euro
Change on year
up 4.1%
World rank
21st
of 39 countries
All-time high
880.41 Million euro
in 2022
All-time low
54.7 Million euro
in 1998
Years of data
27
1998–2024
Economic accounts for agriculture by NUTS 2 region - values at in Latvia, 1998–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for economic accounts for agriculture by nuts 2 region - values at in Latvia is 571.1 Million euro, measured in 2024.
That represents a change of up 4.1% on the previous year and up 83.9% over ten years.
Over the whole period, economic accounts for agriculture by nuts 2 region - values at in Latvia peaked at 880.41 Million euro in 2022 and was at its lowest, 54.7 Million euro, in 1998.
That places Latvia 21st out of 39 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Economic accounts: values at current prices … current NUTS in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 1998 | 54.7 Million euro | — |
| 1999 | 64.48 Million euro | +17.9% |
| 2000 | 91.5 Million euro | +41.9% |
| 2001 | 88.55 Million euro | -3.2% |
| 2002 | 93.64 Million euro | +5.7% |
| 2003 | 95.44 Million euro | +1.9% |
| 2004 | 118.4 Million euro | +24.1% |
| 2005 | 129.89 Million euro | +9.7% |
| 2006 | 143.78 Million euro | +10.7% |
| 2007 | 248.54 Million euro | +72.9% |
| 2008 | 214.56 Million euro | -13.7% |
| 2009 | 171.42 Million euro | -20.1% |
| 2010 | 202.81 Million euro | +18.3% |
| 2011 | 234.49 Million euro | +15.6% |
| 2012 | 387.16 Million euro | +65.1% |
| 2013 | 321.44 Million euro | -17.0% |
| 2014 | 310.55 Million euro | -3.4% |
| 2015 | 415.11 Million euro | +33.7% |
| 2016 | 359.77 Million euro | -13.3% |
| 2017 | 376.76 Million euro | +4.7% |
| 2018 | 353.48 Million euro | -6.2% |
| 2019 | 478.91 Million euro | +35.5% |
| 2020 | 553.3 Million euro | +15.5% |
| 2021 | 578.51 Million euro | +4.6% |
| 2022 | 880.41 Million euro | +52.2% |
| 2023 | 548.75 Million euro | -37.7% |
| 2024 | 571.1 Million euro | +4.1% |
Latvia compared with similar countries
- Latvia's 571.1 Million euro is below the median for Europe & Central Asia, which is 859.97 Million euro, 66% of the median. (27 countries reporting)
- Latvia's 571.1 Million euro is below the median for high income countries, which is 756.48 Million euro, 75% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.59 Million euro | 54.7 Million euro | 64.48 Million euro | 2 |
| 2000s | 139.57 Million euro | 88.55 Million euro | 248.54 Million euro | 10 |
| 2010s | 344.05 Million euro | 202.81 Million euro | 478.91 Million euro | 10 |
| 2020s | 626.41 Million euro | 548.75 Million euro | 880.41 Million euro | 5 |
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 economic accounts for agriculture by nuts 2 region - values at in Latvia?
- Economic accounts for agriculture by nuts 2 region - values at in Latvia was 571.1 Million euro in 2024, according to Eurostat.
- What is the highest economic accounts for agriculture by nuts 2 region - values at recorded in Latvia?
- The highest recorded value was 880.41 Million euro in 2022.
- What is the lowest economic accounts for agriculture by nuts 2 region - values at recorded in Latvia?
- The lowest recorded value was 54.7 Million euro in 1998.
- How does Latvia rank for economic accounts for agriculture by nuts 2 region - values at?
- Latvia ranks 21st out of 39 countries with data for 2024.
- Is economic accounts for agriculture by nuts 2 region - values at rising or falling in Latvia?
- Over the last ten years it is up 83.9%. 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 Economic accounts for agriculture by NUTS 2 region - values at current prices. Statizoid updates them automatically from the source API.
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