Gross domestic product (GDP) and Gross value added (GVA) in volume by in Latvija
Latvija: Gross domestic product (GDP) and Gross value added (GVA) in volume by was 109 Index, 2020=100 in 2024. ▲ Rising
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Latvija, 2000–2024
Source: Eurostat. Measured in Index, 2020=100.
Analysis
The most recent figure for gross domestic product (gdp) and gross value added (gva) in volume by in Latvija is 109 Index, 2020=100, measured in 2024.
The figure is up 21.0% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in Latvija peaked at 109.4 Index, 2020=100 in 2022 and was at its lowest, 51.7 Index, 2020=100, in 2000.
That places Latvija 220th out of 319 regions with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Latvija, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 51.7 Index, 2020=100 | — |
| 2001 | 55.2 Index, 2020=100 | +6.8% |
| 2002 | 59.6 Index, 2020=100 | +8.0% |
| 2003 | 64.6 Index, 2020=100 | +8.4% |
| 2004 | 70.3 Index, 2020=100 | +8.8% |
| 2005 | 78.7 Index, 2020=100 | +11.9% |
| 2006 | 88.5 Index, 2020=100 | +12.5% |
| 2007 | 97 Index, 2020=100 | +9.6% |
| 2008 | 95.4 Index, 2020=100 | -1.6% |
| 2009 | 82.4 Index, 2020=100 | -13.6% |
| 2010 | 79.1 Index, 2020=100 | -4.0% |
| 2011 | 81.3 Index, 2020=100 | +2.8% |
| 2012 | 87.1 Index, 2020=100 | +7.1% |
| 2013 | 88.4 Index, 2020=100 | +1.5% |
| 2014 | 90.1 Index, 2020=100 | +1.9% |
| 2015 | 93.5 Index, 2020=100 | +3.8% |
| 2016 | 95.5 Index, 2020=100 | +2.1% |
| 2017 | 98.9 Index, 2020=100 | +3.6% |
| 2018 | 102.7 Index, 2020=100 | +3.8% |
| 2019 | 103.5 Index, 2020=100 | +0.8% |
| 2020 | 100 Index, 2020=100 | -3.4% |
| 2021 | 107.5 Index, 2020=100 | +7.5% |
| 2022 | 109.4 Index, 2020=100 | +1.8% |
| 2023 | 109 Index, 2020=100 | -0.4% |
| 2024 | 109 Index, 2020=100 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.34 Index, 2020=100 | 51.7 Index, 2020=100 | 97 Index, 2020=100 | 10 |
| 2010s | 92.01 Index, 2020=100 | 79.1 Index, 2020=100 | 103.5 Index, 2020=100 | 10 |
| 2020s | 106.98 Index, 2020=100 | 100 Index, 2020=100 | 109.4 Index, 2020=100 | 5 |
More economy & growth data for Latvija
- Gross domestic product (GDP) at current market prices by NUTS 2 region 40,298 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 1,865 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 35,114 Current prices, million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 40,298 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 571.1 Million euro (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 6.7 Index (2025)
- Agricultural land prices by region 4,825 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 111 Euro per hectare (2024)
- Farms and hectares by crops, utilised agricultural area, economic 1.97 million Hectare (2023)
- Irrigation of agricultural holdings by utilised agricultural area 1.97 million Hectare (2023)
Frequently asked questions
- What is gross domestic product (gdp) and gross value added (gva) in volume by in Latvija?
- Gross domestic product (gdp) and gross value added (gva) in volume by in Latvija was 109 Index, 2020=100 in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Latvija?
- The highest recorded value was 109.4 Index, 2020=100 in 2022.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Latvija?
- The lowest recorded value was 51.7 Index, 2020=100 in 2000.
- How does Latvija rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- Latvija ranks 220th out of 319 regions with data for 2024.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in Latvija?
- Over the last ten years it is up 21.0%. The long-run trend across the full record is rising.
- Where does this Latvija data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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