Gross value added and income by main industry (NACE Rev.2 ) in Latvia
Latvia: Gross value added and income by main industry (NACE Rev.2 ) was 105.56 Chain linked volumes, index 2020=100 in 2026. ▲ Rising
Latest (2026)
105.56 Chain linked volumes, index 2020=100
Change on year
down 7.9%
World rank
33rd
of 46 countries
All-time high
117.29 Chain linked volumes, index 2020=100
in 2021
All-time low
44.23 Chain linked volumes, index 2020=100
in 1995
Years of data
32
1995–2026
Gross value added and income by main industry (NACE Rev.2 ) in Latvia, 1995–2026
Source: Eurostat. Measured in Chain linked volumes, index 2020=100.
Analysis
The most recent figure for gross value added and income by main industry (nace rev.2 ) in Latvia is 105.56 Chain linked volumes, index 2020=100, measured in 2026.
The figure is down 7.9% on the previous year and up 2.2% over ten years.
Over the whole period, gross value added and income by main industry (nace rev.2 ) in Latvia peaked at 117.29 Chain linked volumes, index 2020=100 in 2021 and was at its lowest, 44.23 Chain linked volumes, index 2020=100, in 1995.
That places Latvia 33rd out of 46 countries with data for 2026, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Gross value added and income by main industry (NACE Rev.2 ) in Latvia, year by year
| Year | Chain linked volumes, index 2020=100 | Change |
|---|---|---|
| 1995 | 44.23 Chain linked volumes, index 2020=100 | — |
| 1996 | 45.97 Chain linked volumes, index 2020=100 | +3.9% |
| 1997 | 49.61 Chain linked volumes, index 2020=100 | +7.9% |
| 1998 | 50.93 Chain linked volumes, index 2020=100 | +2.7% |
| 1999 | 56.03 Chain linked volumes, index 2020=100 | +10.0% |
| 2000 | 58.17 Chain linked volumes, index 2020=100 | +3.8% |
| 2001 | 63.24 Chain linked volumes, index 2020=100 | +8.7% |
| 2002 | 69 Chain linked volumes, index 2020=100 | +9.1% |
| 2003 | 73.96 Chain linked volumes, index 2020=100 | +7.2% |
| 2004 | 80.28 Chain linked volumes, index 2020=100 | +8.5% |
| 2005 | 91.94 Chain linked volumes, index 2020=100 | +14.5% |
| 2006 | 104.06 Chain linked volumes, index 2020=100 | +13.2% |
| 2007 | 108.24 Chain linked volumes, index 2020=100 | +4.0% |
| 2008 | 102.49 Chain linked volumes, index 2020=100 | -5.3% |
| 2009 | 88.54 Chain linked volumes, index 2020=100 | -13.6% |
| 2010 | 87.9 Chain linked volumes, index 2020=100 | -0.7% |
| 2011 | 90.36 Chain linked volumes, index 2020=100 | +2.8% |
| 2012 | 94.94 Chain linked volumes, index 2020=100 | +5.1% |
| 2013 | 96.76 Chain linked volumes, index 2020=100 | +1.9% |
| 2014 | 97.69 Chain linked volumes, index 2020=100 | +1.0% |
| 2015 | 101.33 Chain linked volumes, index 2020=100 | +3.7% |
| 2016 | 103.26 Chain linked volumes, index 2020=100 | +1.9% |
| 2017 | 107.08 Chain linked volumes, index 2020=100 | +3.7% |
| 2018 | 112.28 Chain linked volumes, index 2020=100 | +4.9% |
| 2019 | 111.11 Chain linked volumes, index 2020=100 | -1.0% |
| 2020 | 110.12 Chain linked volumes, index 2020=100 | -0.9% |
| 2021 | 117.29 Chain linked volumes, index 2020=100 | +6.5% |
| 2022 | 113.95 Chain linked volumes, index 2020=100 | -2.8% |
| 2023 | 111.42 Chain linked volumes, index 2020=100 | -2.2% |
| 2024 | 111.67 Chain linked volumes, index 2020=100 | +0.2% |
| 2025 | 114.58 Chain linked volumes, index 2020=100 | +2.6% |
| 2026 | 105.56 Chain linked volumes, index 2020=100 | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.36 Chain linked volumes, index 2020=100 | 44.23 Chain linked volumes, index 2020=100 | 56.03 Chain linked volumes, index 2020=100 | 5 |
| 2000s | 83.99 Chain linked volumes, index 2020=100 | 58.17 Chain linked volumes, index 2020=100 | 108.24 Chain linked volumes, index 2020=100 | 10 |
| 2010s | 100.27 Chain linked volumes, index 2020=100 | 87.9 Chain linked volumes, index 2020=100 | 112.28 Chain linked volumes, index 2020=100 | 10 |
| 2020s | 112.08 Chain linked volumes, index 2020=100 | 105.56 Chain linked volumes, index 2020=100 | 117.29 Chain linked volumes, index 2020=100 | 7 |
Countries ranked near Latvia
- 30 Austria 108.98 Chain linked volumes, index 2020=100 compare
- 31 Finland 107.71 Chain linked volumes, index 2020=100 compare
- 32 North Macedonia 106.74 Chain linked volumes, index 2020=100 compare
- 33 Latvia 105.56 Chain linked volumes, index 2020=100 compare
- 35 Luxembourg 105.44 Chain linked volumes, index 2020=100 compare
- 36 Germany 104.88 Chain linked volumes, index 2020=100 compare
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is gross value added and income by main industry (nace rev.2 ) in Latvia?
- Gross value added and income by main industry (nace rev.2 ) in Latvia was 105.56 Chain linked volumes, index 2020=100 in 2026, according to Eurostat.
- What is the highest gross value added and income by main industry (nace rev.2 ) recorded in Latvia?
- The highest recorded value was 117.29 Chain linked volumes, index 2020=100 in 2021.
- What is the lowest gross value added and income by main industry (nace rev.2 ) recorded in Latvia?
- The lowest recorded value was 44.23 Chain linked volumes, index 2020=100 in 1995.
- How does Latvia rank for gross value added and income by main industry (nace rev.2 )?
- Latvia ranks 33rd out of 46 countries with data for 2026.
- Is gross value added and income by main industry (nace rev.2 ) rising or falling in Latvia?
- Over the last ten years it is up 2.2%. 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 main industry (NACE Rev.2 ) - quarterly data. Statizoid updates them automatically from the source API.
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