GERD by sector of performance and socioeconomic objectives (NABS 2007) in Latvia
Latvia: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 382.98 Million euro in 2024. ◆ Volatile
GERD by sector of performance and socioeconomic objectives in Latvia, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gerd by sector of performance and socioeconomic objectives in Latvia is 382.98 Million euro, measured in 2024. That is the highest value across all 22 years on record.
The figure is up 18.1% on the previous year and up 135.2% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Latvia peaked at 382.98 Million euro in 2024 and was at its lowest, 37.72 Million euro, in 2003.
Latvia ranks 47th of 54 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 37.72 Million euro | — |
| 2004 | 46.71 Million euro | +23.8% |
| 2005 | 72.69 Million euro | +55.6% |
| 2006 | 112.32 Million euro | +54.5% |
| 2007 | 125.6 Million euro | +11.8% |
| 2008 | 141.6 Million euro | +12.7% |
| 2009 | 84.88 Million euro | -40.1% |
| 2010 | 108.65 Million euro | +28.0% |
| 2011 | 140.73 Million euro | +29.5% |
| 2012 | 146.52 Million euro | +4.1% |
| 2013 | 139.76 Million euro | -4.6% |
| 2014 | 162.8 Million euro | +16.5% |
| 2015 | 152.2 Million euro | -6.5% |
| 2016 | 110.4 Million euro | -27.5% |
| 2017 | 137.9 Million euro | +24.9% |
| 2018 | 186.2 Million euro | +35.0% |
| 2019 | 195.2 Million euro | +4.8% |
| 2020 | 221.12 Million euro | +13.3% |
| 2021 | 248.86 Million euro | +12.5% |
| 2022 | 293.2 Million euro | +17.8% |
| 2023 | 324.27 Million euro | +10.6% |
| 2024 | 382.98 Million euro | +18.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88.79 Million euro | 37.72 Million euro | 141.6 Million euro | 7 |
| 2010s | 148.04 Million euro | 108.65 Million euro | 195.2 Million euro | 10 |
| 2020s | 294.09 Million euro | 221.12 Million euro | 382.98 Million euro | 5 |
Countries ranked near Latvia
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- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
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- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is gerd by sector of performance and socioeconomic objectives in Latvia?
- Gerd by sector of performance and socioeconomic objectives in Latvia was 382.98 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in Latvia?
- The highest recorded value was 382.98 Million euro in 2024.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Latvia?
- The lowest recorded value was 37.72 Million euro in 2003.
- How does Latvia rank for gerd by sector of performance and socioeconomic objectives?
- Latvia ranks 47th out of 54 countries with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in Latvia?
- Over the last ten years it is up 135.2%. 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 GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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