Industry (including construction), value added (constant LCU), annual in Latvia
Latvia: Industry (including construction), value added (constant LCU), annual was 4.38 % change on previous year in 2025. ◆ Volatile
Industry (including construction), value added (constant LCU), annual in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 4.38 % change on previous year for industry (including construction), value added (constant lcu), annual in 2025.
That represents a change of up 227.6% on the previous year and down 15.4% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), annual in Latvia peaked at 14.77 % change on previous year in 2006 and was at its lowest, -23.75 % change on previous year, in 2009.
Latvia ranks 68th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (constant LCU), annual in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 3.45 % change on previous year | — |
| 1997 | 13.31 % change on previous year | +285.7% |
| 1998 | 6.91 % change on previous year | -48.1% |
| 1999 | -0.2591 % change on previous year | -103.7% |
| 2000 | 2.97 % change on previous year | -1247.4% |
| 2001 | 4.76 % change on previous year | +60.3% |
| 2002 | 11.14 % change on previous year | +133.9% |
| 2003 | 6.54 % change on previous year | -41.3% |
| 2004 | 7.76 % change on previous year | +18.7% |
| 2005 | 7.08 % change on previous year | -8.8% |
| 2006 | 14.77 % change on previous year | +108.7% |
| 2007 | 6.3 % change on previous year | -57.3% |
| 2008 | -4.24 % change on previous year | -167.2% |
| 2009 | -23.75 % change on previous year | +460.7% |
| 2010 | -6.62 % change on previous year | -72.1% |
| 2011 | 4.91 % change on previous year | -174.2% |
| 2012 | 5.96 % change on previous year | +21.3% |
| 2013 | -0.6322 % change on previous year | -110.6% |
| 2014 | -2.31 % change on previous year | +266.1% |
| 2015 | 5.18 % change on previous year | -323.8% |
| 2016 | -0.2176 % change on previous year | -104.2% |
| 2017 | 7.5 % change on previous year | -3545.0% |
| 2018 | 3.19 % change on previous year | -57.4% |
| 2019 | -0.0338 % change on previous year | -101.1% |
| 2020 | 1.36 % change on previous year | -4136.2% |
| 2021 | 3.82 % change on previous year | +180.4% |
| 2022 | -8.08 % change on previous year | -311.5% |
| 2023 | -2.09 % change on previous year | -74.1% |
| 2024 | -3.43 % change on previous year | +64.3% |
| 2025 | 4.38 % change on previous year | -227.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.85 % change on previous year | -0.2591 % change on previous year | 13.31 % change on previous year | 4 |
| 2000s | 3.33 % change on previous year | -23.75 % change on previous year | 14.77 % change on previous year | 10 |
| 2010s | 1.69 % change on previous year | -6.62 % change on previous year | 7.5 % change on previous year | 10 |
| 2020s | -0.673 % change on previous year | -8.08 % change on previous year | 4.38 % change on previous year | 6 |
Countries ranked near Latvia
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), 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)
- Services, value added (current LCU), per unit of GDP 0.5685 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), annual in Latvia?
- Industry (including construction), value added (constant lcu), annual in Latvia was 4.38 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), annual recorded in Latvia?
- The highest recorded value was 14.77 % change on previous year in 2006.
- What is the lowest industry (including construction), value added (constant lcu), annual recorded in Latvia?
- The lowest recorded value was -23.75 % change on previous year in 2009.
- How does Latvia rank for industry (including construction), value added (constant lcu), annual?
- Latvia ranks 68th out of 197 countries with data for 2025.
- Is industry (including construction), value added (constant lcu), annual rising or falling in Latvia?
- Over the last ten years it is down 15.4%. 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 Industry (including construction), value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.