Gross value added at basic prices (GVA) (current LCU), per square in Latvia

Latvia: Gross value added at basic prices (GVA) (current LCU), per square was 559,026 current LCU per square kilometre in 2023. ◆ Volatile

Latest (2023)
559,026 current LCU per square kilometre
Change on year
up 10.4%
World rank
181st
of 204 countries
All-time high
559,026 current LCU per square kilometre
in 2023
All-time low
55,918 current LCU per square kilometre
in 1995
Years of data
29
1995–2023

Gross value added at basic prices (GVA) (current LCU), per square in Latvia, 1995–2023

0200.0k400.0k600.0k1995200920231995: 55.9k current LCU per square kilometre1996: 64.7k current LCU per square kilometre1997: 74.7k current LCU per square kilometre1998: 82.7k current LCU per square kilometre1999: 87.1k current LCU per square kilometre2000: 96.0k current LCU per square kilometre2001: 105.5k current LCU per square kilometre2002: 117.4k current LCU per square kilometre2003: 131.1k current LCU per square kilometre2004: 152.6k current LCU per square kilometre2005: 186.3k current LCU per square kilometre2006: 230.2k current LCU per square kilometre2007: 305.2k current LCU per square kilometre2008: 335.9k current LCU per square kilometre2009: 266.4k current LCU per square kilometre2010: 252.6k current LCU per square kilometre2011: 270.6k current LCU per square kilometre2012: 298.4k current LCU per square kilometre2013: 309.0k current LCU per square kilometre2014: 320.6k current LCU per square kilometre2015: 333.8k current LCU per square kilometre2016: 342.0k current LCU per square kilometre2017: 363.0k current LCU per square kilometre2018: 390.3k current LCU per square kilometre2019: 411.2k current LCU per square kilometre2020: 407.6k current LCU per square kilometre2021: 450.9k current LCU per square kilometre2022: 506.5k current LCU per square kilometre2023: 559.0k current LCU per square kilometre

Source: Statizoid (derived). Measured in current LCU per square kilometre.

Analysis

Latvia recorded 559,026 current LCU per square kilometre for gross value added at basic prices (gva) (current lcu), per square in 2023. That is the highest value across all 29 years on record.

That represents a change of up 10.4% on the previous year and up 80.9% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), per square in Latvia peaked at 559,026 current LCU per square kilometre in 2023 and was at its lowest, 55,918 current LCU per square kilometre, in 1995.

That places Latvia 181st out of 204 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current LCU), per square in Latvia, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), per square kilometre in Latvia, 1995 to 2023.
Year current LCU per square kilometre Change
1995 55,918 current LCU per square kilometre
1996 64,719 current LCU per square kilometre +15.7%
1997 74,662 current LCU per square kilometre +15.4%
1998 82,711 current LCU per square kilometre +10.8%
1999 87,116 current LCU per square kilometre +5.3%
2000 96,050 current LCU per square kilometre +10.3%
2001 105,539 current LCU per square kilometre +9.9%
2002 117,446 current LCU per square kilometre +11.3%
2003 131,056 current LCU per square kilometre +11.6%
2004 152,624 current LCU per square kilometre +16.5%
2005 186,255 current LCU per square kilometre +22.0%
2006 230,188 current LCU per square kilometre +23.6%
2007 305,178 current LCU per square kilometre +32.6%
2008 335,891 current LCU per square kilometre +10.1%
2009 266,360 current LCU per square kilometre -20.7%
2010 252,591 current LCU per square kilometre -5.2%
2011 270,611 current LCU per square kilometre +7.1%
2012 298,425 current LCU per square kilometre +10.3%
2013 308,994 current LCU per square kilometre +3.5%
2014 320,608 current LCU per square kilometre +3.8%
2015 333,754 current LCU per square kilometre +4.1%
2016 341,974 current LCU per square kilometre +2.5%
2017 363,021 current LCU per square kilometre +6.2%
2018 390,311 current LCU per square kilometre +7.5%
2019 411,244 current LCU per square kilometre +5.4%
2020 407,633 current LCU per square kilometre -0.9%
2021 450,943 current LCU per square kilometre +10.6%
2022 506,531 current LCU per square kilometre +12.3%
2023 559,026 current LCU per square kilometre +10.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 73,025 current LCU per square kilometre 55,918 current LCU per square kilometre 87,116 current LCU per square kilometre 5
2000s 192,659 current LCU per square kilometre 96,050 current LCU per square kilometre 335,891 current LCU per square kilometre 10
2010s 329,153 current LCU per square kilometre 252,591 current LCU per square kilometre 411,244 current LCU per square kilometre 10
2020s 481,033 current LCU per square kilometre 407,633 current LCU per square kilometre 559,026 current LCU per square kilometre 4

Countries ranked near Latvia

  1. 178 Zambia 705,987 current LCU per square kilometre compare
  2. 179 Micronesia (country) 607,829 current LCU per square kilometre compare
  3. 180 Fiji 582,326 current LCU per square kilometre compare
  4. 182 Kiribati 553,415 current LCU per square kilometre compare
  5. 183 Palau 518,578 current LCU per square kilometre compare
  6. 184 Ecuador 458,033 current LCU per square kilometre compare

See the full ranking of 205 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), per square in Latvia?
Gross value added at basic prices (gva) (current lcu), per square in Latvia was 559,026 current LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), per square recorded in Latvia?
The highest recorded value was 559,026 current LCU per square kilometre in 2023.
What is the lowest gross value added at basic prices (gva) (current lcu), per square recorded in Latvia?
The lowest recorded value was 55,918 current LCU per square kilometre in 1995.
How does Latvia rank for gross value added at basic prices (gva) (current lcu), per square?
Latvia ranks 181st out of 204 countries with data for 2023.
Is gross value added at basic prices (gva) (current lcu), per square rising or falling in Latvia?
Over the last ten years it is up 80.9%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), per square in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-per-square-kilometre/latvia/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-per-square-kilometre/latvia/">Gross value added at basic prices (GVA) (current LCU), per square in Latvia</a> — Statizoid

How this figure is calculated

Gross value added at basic prices (GVA) (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross value added at basic prices (GVA) (current LCU) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
205 places, 8,532 data points, 1961–2023
Last refreshed

Gross value added at basic prices (GVA) (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.