GERD by sector of performance and socioeconomic objectives in Latvia
Latvia: GERD by sector of performance and socioeconomic objectives was 372.64 Million euro in 2024. ◆ Volatile
Latest (2024)
372.64 Million euro
Change on year
up 14.9%
World rank
46th
of 52 countries
All-time high
372.64 Million euro
in 2024
All-time low
37.72 Million euro
in 2003
Years of data
22
2003–2024
GERD by sector of performance and socioeconomic objectives in Latvia, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gerd by sector of performance and socioeconomic objectives in Latvia stood at 372.64 Million euro. That is the highest value across all 22 years on record.
The figure is up 14.9% on the previous year and up 128.9% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Latvia peaked at 372.64 Million euro in 2024 and was at its lowest, 37.72 Million euro, in 2003.
Latvia ranks 46th of 52 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 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 | 372.64 Million euro | +14.9% |
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 | 292.02 Million euro | 221.12 Million euro | 372.64 Million euro | 5 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Imports of goods and services (constant 2015 US$), annual growth rate 5.72 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5233 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 13,770 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -219.63 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -206.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 7.48 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0355 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 933.65 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -3.16 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0183 constant 2015 US$ per US$ of GDP (2025)
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 372.64 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 372.64 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 46th out of 52 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 128.9%. 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 GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
Download this data
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