Gross value added at basic prices by other typologies in Latvia
Latvia: Gross value added at basic prices by other typologies was 22,904 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by other typologies in Latvia, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2023, gross value added at basic prices by other typologies in Latvia stood at 22,904 Current prices, million euro. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 12.5% on the previous year and up 82.8% over ten years.
Over the whole period, gross value added at basic prices by other typologies in Latvia peaked at 22,904 Current prices, million euro in 2023 and was at its lowest, 4,648 Current prices, million euro, in 2000.
That places Latvia 25th out of 26 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,994 Current prices, million euro | 4,648 Current prices, million euro | 13,355 Current prices, million euro | 10 |
| 2010s | 13,362 Current prices, million euro | 9,965 Current prices, million euro | 16,818 Current prices, million euro | 10 |
| 2020s | 19,454 Current prices, million euro | 16,350 Current prices, million euro | 22,904 Current prices, million euro | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- External balance on goods and services as a percent of GDP -4.6% (2025)
- Inflation of consumer prices 3.7% (2025)
- GDP per capita 16,892 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 31.21 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 16,892 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 849.88 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 919.89 million current US$ (2024)
- Taxes less subsidies on products 5.62 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices by other typologies in Latvia?
- Gross value added at basic prices by other typologies in Latvia was 22,904 Current prices, million euro in 2023, according to Eurostat.
- What is the highest gross value added at basic prices by other typologies recorded in Latvia?
- The highest recorded value was 22,904 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by other typologies recorded in Latvia?
- The lowest recorded value was 4,648 Current prices, million euro in 2000.
- How does Latvia rank for gross value added at basic prices by other typologies?
- Latvia ranks 25th out of 26 countries with data for 2023.
- Is gross value added at basic prices by other typologies rising or falling in Latvia?
- Over the last ten years it is up 82.8%. 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 at basic prices by other typologies. Statizoid updates them automatically from the source API.
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