Industry (including construction), value added (constant 2015 US$) in Latvia
Latvia: Industry (including construction), value added (constant 2015 US$) was 87,768 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Industry (including construction), value added (constant 2015 US$) in Latvia, 1995–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
Latvia recorded 87,768 constant 2015 US$ per square kilometre for industry (including construction), value added (constant 2015 us$) in 2023.
Compared with earlier readings it is down 2.1% on the previous year and up 7.7% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Latvia peaked at 108,231 constant 2015 US$ per square kilometre in 2007 and was at its lowest, 48,147 constant 2015 US$ per square kilometre, in 1995.
Latvia ranks 105th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Industry (including construction), value added (constant 2015 US$) in Latvia, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1995 | 48,147 constant 2015 US$ per square kilometre | — |
| 1996 | 49,809 constant 2015 US$ per square kilometre | +3.5% |
| 1997 | 56,441 constant 2015 US$ per square kilometre | +13.3% |
| 1998 | 60,342 constant 2015 US$ per square kilometre | +6.9% |
| 1999 | 60,186 constant 2015 US$ per square kilometre | -0.3% |
| 2000 | 61,975 constant 2015 US$ per square kilometre | +3.0% |
| 2001 | 64,928 constant 2015 US$ per square kilometre | +4.8% |
| 2002 | 72,163 constant 2015 US$ per square kilometre | +11.1% |
| 2003 | 76,880 constant 2015 US$ per square kilometre | +6.5% |
| 2004 | 82,847 constant 2015 US$ per square kilometre | +7.8% |
| 2005 | 88,710 constant 2015 US$ per square kilometre | +7.1% |
| 2006 | 101,813 constant 2015 US$ per square kilometre | +14.8% |
| 2007 | 108,231 constant 2015 US$ per square kilometre | +6.3% |
| 2008 | 103,647 constant 2015 US$ per square kilometre | -4.2% |
| 2009 | 79,031 constant 2015 US$ per square kilometre | -23.8% |
| 2010 | 73,797 constant 2015 US$ per square kilometre | -6.6% |
| 2011 | 77,422 constant 2015 US$ per square kilometre | +4.9% |
| 2012 | 82,036 constant 2015 US$ per square kilometre | +6.0% |
| 2013 | 81,517 constant 2015 US$ per square kilometre | -0.6% |
| 2014 | 79,630 constant 2015 US$ per square kilometre | -2.3% |
| 2015 | 83,756 constant 2015 US$ per square kilometre | +5.2% |
| 2016 | 83,573 constant 2015 US$ per square kilometre | -0.2% |
| 2017 | 89,839 constant 2015 US$ per square kilometre | +7.5% |
| 2018 | 92,705 constant 2015 US$ per square kilometre | +3.2% |
| 2019 | 92,674 constant 2015 US$ per square kilometre | -0.0% |
| 2020 | 93,932 constant 2015 US$ per square kilometre | +1.4% |
| 2021 | 97,521 constant 2015 US$ per square kilometre | +3.8% |
| 2022 | 89,641 constant 2015 US$ per square kilometre | -8.1% |
| 2023 | 87,768 constant 2015 US$ per square kilometre | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54,985 constant 2015 US$ per square kilometre | 48,147 constant 2015 US$ per square kilometre | 60,342 constant 2015 US$ per square kilometre | 5 |
| 2000s | 84,022 constant 2015 US$ per square kilometre | 61,975 constant 2015 US$ per square kilometre | 108,231 constant 2015 US$ per square kilometre | 10 |
| 2010s | 83,695 constant 2015 US$ per square kilometre | 73,797 constant 2015 US$ per square kilometre | 92,705 constant 2015 US$ per square kilometre | 10 |
| 2020s | 92,215 constant 2015 US$ per square kilometre | 87,768 constant 2015 US$ per square kilometre | 97,521 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Latvia
- 102 North Macedonia 93,693 constant 2015 US$ per square kilometre compare
- 103 Ghana 91,932 constant 2015 US$ per square kilometre compare
- 104 Chile 91,553 constant 2015 US$ per square kilometre compare
- 106 Cambodia 86,907 constant 2015 US$ per square kilometre compare
- 107 Bosnia and Herzegovina 85,807 constant 2015 US$ per square kilometre compare
- 108 Nigeria 85,041 constant 2015 US$ per square kilometre compare
More economy & growth data for Latvia
- Industry (including construction), value added (constant 2015 US$) 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1132 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,979 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 4.38 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1151 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 3,029 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6425 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 16,904 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.05 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Latvia?
- Industry (including construction), value added (constant 2015 us$) in Latvia was 87,768 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Latvia?
- The highest recorded value was 108,231 constant 2015 US$ per square kilometre in 2007.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Latvia?
- The lowest recorded value was 48,147 constant 2015 US$ per square kilometre in 1995.
- How does Latvia rank for industry (including construction), value added (constant 2015 us$)?
- Latvia ranks 105th out of 193 countries with data for 2023.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Latvia?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) 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.
Industry (including construction), value added (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) 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.