Gross value added and income by detailed industry (NACE Rev.2 ) in Latvia
Latvia: Gross value added and income by detailed industry (NACE Rev.2 ) was 111.02 Chain linked volumes, index 2020=100 in 2025. ▲ Rising
Gross value added and income by detailed industry in Latvia, 1995–2025
Source: Eurostat. Measured in Chain linked volumes, index 2020=100.
Analysis
Latvia recorded 111.02 Chain linked volumes, index 2020=100 for gross value added and income by detailed industry in 2025. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 17.9% over ten years.
Over the whole period, gross value added and income by detailed industry in Latvia peaked at 111.02 Chain linked volumes, index 2020=100 in 2025 and was at its lowest, 40.73 Chain linked volumes, index 2020=100, in 1995.
Latvia ranks 36th of 46 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added and income by detailed industry (NACE Rev.2 ) in Latvia, year by year
| Year | Chain linked volumes, index 2020=100 | Change |
|---|---|---|
| 1995 | 40.73 Chain linked volumes, index 2020=100 | — |
| 1996 | 41.57 Chain linked volumes, index 2020=100 | +2.1% |
| 1997 | 45.54 Chain linked volumes, index 2020=100 | +9.5% |
| 1998 | 48.69 Chain linked volumes, index 2020=100 | +6.9% |
| 1999 | 50.24 Chain linked volumes, index 2020=100 | +3.2% |
| 2000 | 53.07 Chain linked volumes, index 2020=100 | +5.6% |
| 2001 | 56.56 Chain linked volumes, index 2020=100 | +6.6% |
| 2002 | 61.02 Chain linked volumes, index 2020=100 | +7.9% |
| 2003 | 66.13 Chain linked volumes, index 2020=100 | +8.4% |
| 2004 | 71.91 Chain linked volumes, index 2020=100 | +8.7% |
| 2005 | 80.47 Chain linked volumes, index 2020=100 | +11.9% |
| 2006 | 90.4 Chain linked volumes, index 2020=100 | +12.3% |
| 2007 | 99.01 Chain linked volumes, index 2020=100 | +9.5% |
| 2008 | 97.19 Chain linked volumes, index 2020=100 | -1.8% |
| 2009 | 83.85 Chain linked volumes, index 2020=100 | -13.7% |
| 2010 | 80.26 Chain linked volumes, index 2020=100 | -4.3% |
| 2011 | 82.38 Chain linked volumes, index 2020=100 | +2.6% |
| 2012 | 88.07 Chain linked volumes, index 2020=100 | +6.9% |
| 2013 | 89.32 Chain linked volumes, index 2020=100 | +1.4% |
| 2014 | 90.95 Chain linked volumes, index 2020=100 | +1.8% |
| 2015 | 94.16 Chain linked volumes, index 2020=100 | +3.5% |
| 2016 | 96.05 Chain linked volumes, index 2020=100 | +2.0% |
| 2017 | 99.31 Chain linked volumes, index 2020=100 | +3.4% |
| 2018 | 102.97 Chain linked volumes, index 2020=100 | +3.7% |
| 2019 | 103.61 Chain linked volumes, index 2020=100 | +0.6% |
| 2020 | 100 Chain linked volumes, index 2020=100 | -3.5% |
| 2021 | 107.3 Chain linked volumes, index 2020=100 | +7.3% |
| 2022 | 108.93 Chain linked volumes, index 2020=100 | +1.5% |
| 2023 | 108.29 Chain linked volumes, index 2020=100 | -0.6% |
| 2024 | 108.7 Chain linked volumes, index 2020=100 | +0.4% |
| 2025 | 111.02 Chain linked volumes, index 2020=100 | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 45.35 Chain linked volumes, index 2020=100 | 40.73 Chain linked volumes, index 2020=100 | 50.24 Chain linked volumes, index 2020=100 | 5 |
| 2000s | 75.96 Chain linked volumes, index 2020=100 | 53.07 Chain linked volumes, index 2020=100 | 99.01 Chain linked volumes, index 2020=100 | 10 |
| 2010s | 92.71 Chain linked volumes, index 2020=100 | 80.26 Chain linked volumes, index 2020=100 | 103.61 Chain linked volumes, index 2020=100 | 10 |
| 2020s | 107.37 Chain linked volumes, index 2020=100 | 100 Chain linked volumes, index 2020=100 | 111.02 Chain linked volumes, index 2020=100 | 6 |
Countries ranked near Latvia
- 33 Czechia 111.22 Chain linked volumes, index 2020=100 compare
- 34 Slovakia 111.14 Chain linked volumes, index 2020=100 compare
- 35 Sweden 111.05 Chain linked volumes, index 2020=100 compare
- 37 Austria 110.76 Chain linked volumes, index 2020=100 compare
- 38 Latvia 108.44 Chain linked volumes, index 2020=100 compare
- 39 Luxembourg 108.26 Chain linked volumes, index 2020=100 compare
More economy & growth data for Latvia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- 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) — E. Wider 0.0451 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.0727 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0123 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0249 Index (2024)
- Index of digital trade integration and openness 0.1982 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0431 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 20 Percentage of taxable income (2026)
Frequently asked questions
- What is gross value added and income by detailed industry in Latvia?
- Gross value added and income by detailed industry in Latvia was 111.02 Chain linked volumes, index 2020=100 in 2025, according to Eurostat.
- What is the highest gross value added and income by detailed industry recorded in Latvia?
- The highest recorded value was 111.02 Chain linked volumes, index 2020=100 in 2025.
- What is the lowest gross value added and income by detailed industry recorded in Latvia?
- The lowest recorded value was 40.73 Chain linked volumes, index 2020=100 in 1995.
- How does Latvia rank for gross value added and income by detailed industry?
- Latvia ranks 36th out of 46 countries with data for 2025.
- Is gross value added and income by detailed industry rising or falling in Latvia?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Gross value added and income by detailed industry (NACE Rev.2 ). Statizoid updates them automatically from the source API.
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