Food, beverages and tobacco in Latvia
Latvia: Food, beverages and tobacco was 16.4% in 2023. ▲ Rising
Food, beverages and tobacco 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 food, beverages and tobacco in Latvia is 16.4%, measured in 2023. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 63.4% on the previous year and down 60.9% over ten years.
Over the whole period, food, beverages and tobacco in Latvia peaked at 46.3% in 2010 and was at its lowest, 16.4%, in 2023.
That places Latvia 115th out of 157 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Food, beverages and tobacco in Latvia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1993 | 35.4% | — |
| 1994 | 37.5% | +6.2% |
| 1995 | 38.7% | +3.1% |
| 1996 | 39.1% | +0.9% |
| 1997 | 32.1% | -17.9% |
| 1998 | 26.4% | -17.8% |
| 1999 | 31.3% | +18.9% |
| 2000 | 26.6% | -15.2% |
| 2001 | 24.3% | -8.7% |
| 2002 | 28.5% | +17.5% |
| 2003 | 22.5% | -21.0% |
| 2004 | 19.9% | -11.5% |
| 2005 | 41.5% | +108.5% |
| 2006 | 40.0% | -3.6% |
| 2007 | 39.5% | -1.2% |
| 2008 | 45.4% | +14.9% |
| 2009 | 43.5% | -4.2% |
| 2010 | 46.3% | +6.5% |
| 2011 | 42.0% | -9.3% |
| 2012 | 39.9% | -5.1% |
| 2013 | 41.9% | +5.2% |
| 2014 | 43.0% | +2.6% |
| 2015 | 42.6% | -0.9% |
| 2016 | 42.2% | -0.9% |
| 2017 | 41.9% | -0.8% |
| 2018 | 43.7% | +4.4% |
| 2019 | 40.8% | -6.6% |
| 2020 | 41.5% | +1.7% |
| 2021 | 45.2% | +8.8% |
| 2022 | 44.8% | -0.8% |
| 2023 | 16.4% | -63.4% |
Latvia compared with similar countries
- Latvia's 16.4% is above the median for high income countries, which is 13.5%, 1.2× the median. (57 countries reporting)
- Latvia's 16.4% is below the median for Europe & Central Asia, which is 17.9%, 92% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Food, beverages and tobacco 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 |
|---|---|---|---|
| 2005 | +108.5% | 19.9% | 41.5% |
| 2023 | -63.4% | 44.8% | 16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.3% | 26.4% | 39.1% | 7 |
| 2000s | 33.2% | 19.9% | 45.4% | 10 |
| 2010s | 42.4% | 39.9% | 46.3% | 10 |
| 2020s | 37.0% | 16.4% | 45.2% | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is food, beverages and tobacco in Latvia?
- Food, beverages and tobacco in Latvia was 16.4% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest food, beverages and tobacco recorded in Latvia?
- The highest recorded value was 46.3% in 2010.
- What is the lowest food, beverages and tobacco recorded in Latvia?
- The lowest recorded value was 16.4% in 2023.
- How does Latvia rank for food, beverages and tobacco?
- Latvia ranks 115th out of 157 countries with data for 2023.
- Is food, beverages and tobacco rising or falling in Latvia?
- Over the last ten years it is down 60.9%. The long-run trend across the full record is rising.
- 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 Food, beverages and tobacco (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing of food, beverages, and tobacco includes industries classified in ISIC (Rev. 3) divisions 15 and 16. 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).