Gross value added at basic prices by NUTS 3 region in Latvija
Latvija: Gross value added at basic prices by NUTS 3 region was 35,114 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
35,114 Current prices, million euro
Change on year
up 1.1%
Rank
311th
of 1664 regions
All-time high
35,114 Current prices, million euro
in 2024
All-time low
7,506 Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in Latvija, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
The most recent figure for gross value added at basic prices by nuts 3 region in Latvija is 35,114 Current prices, million euro, measured in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 1.1% on the previous year and up 76.3% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Latvija peaked at 35,114 Current prices, million euro in 2024 and was at its lowest, 7,506 Current prices, million euro, in 2000.
That places Latvija 311th out of 1664 regions with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices by NUTS 3 region in Latvija, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 7,506 Current prices, million euro | — |
| 2001 | 8,232 Current prices, million euro | +9.7% |
| 2002 | 8,835 Current prices, million euro | +7.3% |
| 2003 | 8,941 Current prices, million euro | +1.2% |
| 2004 | 10,031 Current prices, million euro | +12.2% |
| 2005 | 11,688 Current prices, million euro | +16.5% |
| 2006 | 14,446 Current prices, million euro | +23.6% |
| 2007 | 19,042 Current prices, million euro | +31.8% |
| 2008 | 20,864 Current prices, million euro | +9.6% |
| 2009 | 16,474 Current prices, million euro | -21.0% |
| 2010 | 15,561 Current prices, million euro | -5.5% |
| 2011 | 16,729 Current prices, million euro | +7.5% |
| 2012 | 18,687 Current prices, million euro | +11.7% |
| 2013 | 19,239 Current prices, million euro | +3.0% |
| 2014 | 19,920 Current prices, million euro | +3.5% |
| 2015 | 20,736 Current prices, million euro | +4.1% |
| 2016 | 21,250 Current prices, million euro | +2.5% |
| 2017 | 22,558 Current prices, million euro | +6.2% |
| 2018 | 24,254 Current prices, million euro | +7.5% |
| 2019 | 25,554 Current prices, million euro | +5.4% |
| 2020 | 25,330 Current prices, million euro | -0.9% |
| 2021 | 28,024 Current prices, million euro | +10.6% |
| 2022 | 31,480 Current prices, million euro | +12.3% |
| 2023 | 34,737 Current prices, million euro | +10.3% |
| 2024 | 35,114 Current prices, million euro | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12,606 Current prices, million euro | 7,506 Current prices, million euro | 20,864 Current prices, million euro | 10 |
| 2010s | 20,449 Current prices, million euro | 15,561 Current prices, million euro | 25,554 Current prices, million euro | 10 |
| 2020s | 30,937 Current prices, million euro | 25,330 Current prices, million euro | 35,114 Current prices, million euro | 5 |
More economy & growth data for Latvija
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 109 Index, 2020=100 (2024)
- 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 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 value added at basic prices by nuts 3 region in Latvija?
- Gross value added at basic prices by nuts 3 region in Latvija was 35,114 Current prices, million euro in 2024, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Latvija?
- The highest recorded value was 35,114 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Latvija?
- The lowest recorded value was 7,506 Current prices, million euro in 2000.
- How does Latvija rank for gross value added at basic prices by nuts 3 region?
- Latvija ranks 311th out of 1664 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Latvija?
- Over the last ten years it is up 76.3%. 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 value added at basic prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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