GERD by sector of performance and socioeconomic objectives (NABS 2007) in Latvia
Latvia: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 372.64 Million euro in 2024. ◆ Volatile
Latest (2024)
372.64 Million euro
Change on year
up 14.9%
World rank
48th
of 54 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 48th 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 | 372.64 Million euro | +14.9% |
Latvia compared with similar countries
- Latvia's 372.64 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 7% of the median. (35 countries reporting)
- Latvia's 372.64 Million euro is below the median for high income countries, which is 8,893 Million euro, 4% of the median. (35 countries reporting)
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
- 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 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 48th 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 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
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (Eurostat).