GBARD by socioeconomic objectives in Latvia
Latvia: GBARD by socioeconomic objectives was 194.07 Million euro in 2025. ◆ Volatile
GBARD by socioeconomic objectives in Latvia, 2004–2025
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gbard by socioeconomic objectives in Latvia is 194.07 Million euro, measured in 2025. That is the highest value across all 22 years on record.
The figure is up 30.6% on the previous year and up 316.5% over ten years.
Over the whole period, gbard by socioeconomic objectives in Latvia peaked at 194.07 Million euro in 2025 and was at its lowest, 20.14 Million euro, in 2004.
Latvia ranks 46th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GBARD by socioeconomic objectives in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2004 | 20.14 Million euro | — |
| 2005 | 25.42 Million euro | +26.2% |
| 2006 | 42.8 Million euro | +68.4% |
| 2007 | 62.7 Million euro | +46.5% |
| 2008 | 67.17 Million euro | +7.1% |
| 2009 | 37.98 Million euro | -43.5% |
| 2010 | 28.64 Million euro | -24.6% |
| 2011 | 29.59 Million euro | +3.3% |
| 2012 | 32.84 Million euro | +11.0% |
| 2013 | 32.46 Million euro | -1.2% |
| 2014 | 38.2 Million euro | +17.7% |
| 2015 | 46.6 Million euro | +22.0% |
| 2016 | 52.6 Million euro | +12.9% |
| 2017 | 60 Million euro | +14.1% |
| 2018 | 63.9 Million euro | +6.5% |
| 2019 | 69 Million euro | +8.0% |
| 2020 | 79.2 Million euro | +14.8% |
| 2021 | 84.35 Million euro | +6.5% |
| 2022 | 93.36 Million euro | +10.7% |
| 2023 | 118 Million euro | +26.4% |
| 2024 | 148.62 Million euro | +26.0% |
| 2025 | 194.07 Million euro | +30.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.7 Million euro | 20.14 Million euro | 67.17 Million euro | 6 |
| 2010s | 45.38 Million euro | 28.64 Million euro | 69 Million euro | 10 |
| 2020s | 119.6 Million euro | 79.2 Million euro | 194.07 Million euro | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
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- 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 (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is gbard by socioeconomic objectives in Latvia?
- Gbard by socioeconomic objectives in Latvia was 194.07 Million euro in 2025, according to Eurostat.
- What is the highest gbard by socioeconomic objectives recorded in Latvia?
- The highest recorded value was 194.07 Million euro in 2025.
- What is the lowest gbard by socioeconomic objectives recorded in Latvia?
- The lowest recorded value was 20.14 Million euro in 2004.
- How does Latvia rank for gbard by socioeconomic objectives?
- Latvia ranks 46th out of 50 countries with data for 2025.
- Is gbard by socioeconomic objectives rising or falling in Latvia?
- Over the last ten years it is up 316.5%. 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 GBARD by socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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