Manufacturing, value added (constant LCU), annual growth rate in Latvia
Latvia: Manufacturing, value added (constant LCU), annual growth rate was 4.75 % change on previous year in 2025. ◆ Volatile
Manufacturing, value added (constant LCU), annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 4.75 % change on previous year for manufacturing, value added (constant lcu), annual growth rate in 2025.
The figure is up 244.4% on the previous year and up 7.3% over ten years.
Over the whole period, manufacturing, value added (constant lcu), annual growth rate in Latvia peaked at 16.66 % change on previous year in 1997 and was at its lowest, -21.83 % change on previous year, in 2009.
That places Latvia 59th out of 190 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant LCU), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 3.74 % change on previous year | — |
| 1997 | 16.66 % change on previous year | +345.7% |
| 1998 | 4.94 % change on previous year | -70.4% |
| 1999 | -4.06 % change on previous year | -182.3% |
| 2000 | 6.79 % change on previous year | -267.1% |
| 2001 | 7.14 % change on previous year | +5.2% |
| 2002 | 11.46 % change on previous year | +60.3% |
| 2003 | 3.22 % change on previous year | -71.9% |
| 2004 | 6.37 % change on previous year | +97.9% |
| 2005 | 5.14 % change on previous year | -19.2% |
| 2006 | 7.41 % change on previous year | +44.1% |
| 2007 | -0.7635 % change on previous year | -110.3% |
| 2008 | -7.19 % change on previous year | +841.9% |
| 2009 | -21.83 % change on previous year | +203.6% |
| 2010 | 13.96 % change on previous year | -163.9% |
| 2011 | 2.15 % change on previous year | -84.6% |
| 2012 | 4.93 % change on previous year | +129.6% |
| 2013 | -0.7885 % change on previous year | -116.0% |
| 2014 | -1.63 % change on previous year | +106.8% |
| 2015 | 4.43 % change on previous year | -371.4% |
| 2016 | 1.71 % change on previous year | -61.4% |
| 2017 | 6.83 % change on previous year | +299.9% |
| 2018 | 7.43 % change on previous year | +8.8% |
| 2019 | 1.03 % change on previous year | -86.1% |
| 2020 | 0.7633 % change on previous year | -26.2% |
| 2021 | 10.17 % change on previous year | +1231.8% |
| 2022 | -4.17 % change on previous year | -141.0% |
| 2023 | -2.29 % change on previous year | -44.9% |
| 2024 | -3.29 % change on previous year | +43.2% |
| 2025 | 4.75 % change on previous year | -244.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.32 % change on previous year | -4.06 % change on previous year | 16.66 % change on previous year | 4 |
| 2000s | 1.77 % change on previous year | -21.83 % change on previous year | 11.46 % change on previous year | 10 |
| 2010s | 4 % change on previous year | -1.63 % change on previous year | 13.96 % change on previous year | 10 |
| 2020s | 0.9883 % change on previous year | -4.17 % change on previous year | 10.17 % change on previous year | 6 |
Countries ranked near Latvia
- 56 Tajikistan 5 % change on previous year
- 57 Saint Kitts and Nevis 5 % change on previous year compare
- 58 Zimbabwe 4.75 % change on previous year compare
- 60 Serbia 4.59 % change on previous year compare
- 61 Malaysia 4.53 % change on previous year compare
- 62 Côte d'Ivoire 4.52 % change on previous year compare
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is manufacturing, value added (constant lcu), annual growth rate in Latvia?
- Manufacturing, value added (constant lcu), annual growth rate in Latvia was 4.75 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), annual growth rate recorded in Latvia?
- The highest recorded value was 16.66 % change on previous year in 1997.
- What is the lowest manufacturing, value added (constant lcu), annual growth rate recorded in Latvia?
- The lowest recorded value was -21.83 % change on previous year in 2009.
- How does Latvia rank for manufacturing, value added (constant lcu), annual growth rate?
- Latvia ranks 59th out of 190 countries with data for 2025.
- Is manufacturing, value added (constant lcu), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 7.3%. 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 Manufacturing, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, 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 Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.