Manufacturing value added (current United States dollars) in Latvia
Latvia: Manufacturing value added (current United States dollars) was 9.9% in 2024. ▼ Falling
Manufacturing value added (current United States dollars) as a in Latvia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for manufacturing value added (current united states dollars) as a in Latvia is 9.9%, measured in 2024. That is the lowest value across all 25 years on record.
Compared with earlier readings it is down 8.6% on the previous year and down 8.8% over ten years.
Over the whole period, manufacturing value added (current united states dollars) as a in Latvia peaked at 14.0% in 2002 and was at its lowest, 9.9%, in 2024.
That places Latvia 122nd out of 229 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing value added (current United States dollars) in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 13.9% | — |
| 2001 | 13.9% | -0.4% |
| 2002 | 14.0% | +0.7% |
| 2003 | 12.9% | -7.5% |
| 2004 | 12.8% | -1.2% |
| 2005 | 11.9% | -7.0% |
| 2006 | 11.1% | -6.3% |
| 2007 | 10.6% | -5.0% |
| 2008 | 10.1% | -4.6% |
| 2009 | 10.0% | -0.9% |
| 2010 | 12.1% | +21.4% |
| 2011 | 12.2% | +0.2% |
| 2012 | 11.8% | -3.0% |
| 2013 | 11.5% | -2.5% |
| 2014 | 10.9% | -5.3% |
| 2015 | 10.8% | -0.5% |
| 2016 | 10.5% | -2.9% |
| 2017 | 10.9% | +3.1% |
| 2018 | 10.9% | +0.6% |
| 2019 | 11.0% | +0.7% |
| 2020 | 11.5% | +4.2% |
| 2021 | 12.8% | +11.9% |
| 2022 | 12.0% | -6.7% |
| 2023 | 10.9% | -9.3% |
| 2024 | 9.9% | -8.6% |
Latvia compared with similar countries
- Latvia's 9.9% is below the median for high income countries, which is 10.0%, 100% of the median. (74 countries reporting)
- Latvia's 9.9% is below the median for Europe & Central Asia, which is 12.5%, 80% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.1% | 10.0% | 14.0% | 10 |
| 2010s | 11.3% | 10.5% | 12.2% | 10 |
| 2020s | 11.4% | 9.9% | 12.8% | 5 |
Countries ranked near Latvia
- 120 Oman 10.0% compare
- 121 Burkina Faso 10.0% compare
- 123 United States 9.8% compare
- 124 France 9.6% compare
- 125 Guinea 9.5% compare
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is manufacturing value added (current united states dollars) as a in Latvia?
- Manufacturing value added (current united states dollars) as a in Latvia was 9.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest manufacturing value added (current united states dollars) as a recorded in Latvia?
- The highest recorded value was 14.0% in 2002.
- What is the lowest manufacturing value added (current united states dollars) as a recorded in Latvia?
- The lowest recorded value was 9.9% in 2024.
- How does Latvia rank for manufacturing value added (current united states dollars) as a?
- Latvia ranks 122nd out of 229 countries with data for 2024.
- Is manufacturing value added (current united states dollars) as a rising or falling in Latvia?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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