Manufacturing, value added (current US$), annual growth rate in Latvia
Latvia: Manufacturing, value added (current US$), annual growth rate was 10.92 % change on previous year in 2025. ◆ Volatile
Manufacturing, value added (current US$), annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latvia recorded 10.92 % change on previous year for manufacturing, value added (current us$), annual growth rate in 2025.
The figure is up 283.3% on the previous year and up 181.4% over ten years.
Over the whole period, manufacturing, value added (current us$), annual growth rate in Latvia peaked at 36.64 % change on previous year in 2007 and was at its lowest, -25.39 % change on previous year, in 2009.
That places Latvia 49th out of 203 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current US$), annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 0.0569 % change on previous year | — |
| 1997 | 16.56 % change on previous year | +29024.9% |
| 1998 | -10.87 % change on previous year | -165.6% |
| 1999 | -3.74 % change on previous year | -65.6% |
| 2000 | 6.11 % change on previous year | -263.6% |
| 2001 | 5.04 % change on previous year | -17.5% |
| 2002 | 13.78 % change on previous year | +173.4% |
| 2003 | 12.4 % change on previous year | -10.0% |
| 2004 | 21.6 % change on previous year | +74.2% |
| 2005 | 9.59 % change on previous year | -55.6% |
| 2006 | 17.47 % change on previous year | +82.2% |
| 2007 | 36.64 % change on previous year | +109.7% |
| 2008 | 10.7 % change on previous year | -70.8% |
| 2009 | -25.39 % change on previous year | -337.3% |
| 2010 | 10.87 % change on previous year | -142.8% |
| 2011 | 13.49 % change on previous year | +24.1% |
| 2012 | -0.9481 % change on previous year | -107.0% |
| 2013 | 4.73 % change on previous year | -598.7% |
| 2014 | -1.63 % change on previous year | -134.4% |
| 2015 | -13.42 % change on previous year | +724.3% |
| 2016 | 0.0206 % change on previous year | -100.2% |
| 2017 | 11.83 % change on previous year | +57211.7% |
| 2018 | 13.82 % change on previous year | +16.8% |
| 2019 | 0.293 % change on previous year | -97.9% |
| 2020 | 5.06 % change on previous year | +1625.4% |
| 2021 | 27.99 % change on previous year | +453.7% |
| 2022 | -7.16 % change on previous year | -125.6% |
| 2023 | 2.2 % change on previous year | -130.8% |
| 2024 | -5.96 % change on previous year | -370.3% |
| 2025 | 10.92 % change on previous year | -283.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5027 % change on previous year | -10.87 % change on previous year | 16.56 % change on previous year | 4 |
| 2000s | 10.79 % change on previous year | -25.39 % change on previous year | 36.64 % change on previous year | 10 |
| 2010s | 3.91 % change on previous year | -13.42 % change on previous year | 13.82 % change on previous year | 10 |
| 2020s | 5.51 % change on previous year | -7.16 % change on previous year | 27.99 % change on previous year | 6 |
Countries ranked near Latvia
- 46 Morocco 11.07 % change on previous year compare
- 47 Isle of Man 11.07 % change on previous year compare
- 48 Sao Tome and Principe 10.95 % change on previous year compare
- 50 Ukraine 10.9 % change on previous year compare
- 51 Rwanda 10.9 % change on previous year compare
- 52 Madagascar 10.6 % change on previous year compare
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is manufacturing, value added (current us$), annual growth rate in Latvia?
- Manufacturing, value added (current us$), annual growth rate in Latvia was 10.92 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest manufacturing, value added (current us$), annual growth rate recorded in Latvia?
- The highest recorded value was 36.64 % change on previous year in 2007.
- What is the lowest manufacturing, value added (current us$), annual growth rate recorded in Latvia?
- The lowest recorded value was -25.39 % change on previous year in 2009.
- How does Latvia rank for manufacturing, value added (current us$), annual growth rate?
- Latvia ranks 49th out of 203 countries with data for 2025.
- Is manufacturing, value added (current us$), annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 181.4%. 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 Manufacturing, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.