Manufacturing value added to gdp, annual growth rate in Latvia
Latvia: Manufacturing value added to gdp, annual growth rate was 0.3862 % change on previous year in 2025. ◆ Volatile
Manufacturing value added to gdp, annual growth rate in Latvia, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing value added to gdp, annual growth rate in Latvia is 0.3862 % change on previous year, measured in 2025.
That represents a change of up 104.5% on the previous year and up 178.7% over ten years.
Over the whole period, manufacturing value added to gdp, annual growth rate in Latvia peaked at 21.37 % change on previous year in 2010 and was at its lowest, -18.85 % change on previous year, in 1998.
Latvia ranks 63rd of 202 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.
Manufacturing value added to gdp, annual growth rate in Latvia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | -3.24 % change on previous year | — |
| 1997 | 6.47 % change on previous year | -299.4% |
| 1998 | -18.85 % change on previous year | -391.6% |
| 1999 | -8.34 % change on previous year | -55.8% |
| 2000 | 0.1385 % change on previous year | -101.7% |
| 2001 | -0.4687 % change on previous year | -438.4% |
| 2002 | 0.7654 % change on previous year | -263.3% |
| 2003 | -7.55 % change on previous year | -1086.0% |
| 2004 | -1.12 % change on previous year | -85.2% |
| 2005 | -7.08 % change on previous year | +533.6% |
| 2006 | -6.26 % change on previous year | -11.5% |
| 2007 | -5.09 % change on previous year | -18.6% |
| 2008 | -4.59 % change on previous year | -9.9% |
| 2009 | -0.8641 % change on previous year | -81.2% |
| 2010 | 21.37 % change on previous year | -2573.0% |
| 2011 | 0.2182 % change on previous year | -99.0% |
| 2012 | -2.92 % change on previous year | -1439.0% |
| 2013 | -2.59 % change on previous year | -11.5% |
| 2014 | -5.28 % change on previous year | +104.3% |
| 2015 | -0.4908 % change on previous year | -90.7% |
| 2016 | -2.83 % change on previous year | +476.3% |
| 2017 | 3.18 % change on previous year | -212.5% |
| 2018 | 0.6134 % change on previous year | -80.7% |
| 2019 | 0.7421 % change on previous year | +21.0% |
| 2020 | 4.17 % change on previous year | +462.5% |
| 2021 | 11.89 % change on previous year | +184.9% |
| 2022 | -6.72 % change on previous year | -156.5% |
| 2023 | -9.21 % change on previous year | +37.1% |
| 2024 | -8.57 % change on previous year | -6.9% |
| 2025 | 0.3862 % change on previous year | -104.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -5.99 % change on previous year | -18.85 % change on previous year | 6.47 % change on previous year | 4 |
| 2000s | -3.21 % change on previous year | -7.55 % change on previous year | 0.7654 % change on previous year | 10 |
| 2010s | 1.2 % change on previous year | -5.28 % change on previous year | 21.37 % change on previous year | 10 |
| 2020s | -1.34 % change on previous year | -9.21 % change on previous year | 11.89 % change on previous year | 6 |
Countries ranked near Latvia
- 60 Cape Verde 0.5874 % change on previous year compare
- 61 United States 0.5013 % change on previous year compare
- 62 Indonesia 0.4272 % change on previous year compare
- 64 Bahrain 0.1394 % change on previous year compare
- 65 Greece 0.1125 % change on previous year compare
- 66 Comoros 0.1118 % change on previous year compare
More economy & growth data for Latvia
- Gross value added at basic prices (GVA) (current US$), annual growth 10.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8694 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 22,876 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7694 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 20,244 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.99 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5567 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 14,649 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.99 % change on previous year (2025)
Frequently asked questions
- What is manufacturing value added to gdp, annual growth rate in Latvia?
- Manufacturing value added to gdp, annual growth rate in Latvia was 0.3862 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest manufacturing value added to gdp, annual growth rate recorded in Latvia?
- The highest recorded value was 21.37 % change on previous year in 2010.
- What is the lowest manufacturing value added to gdp, annual growth rate recorded in Latvia?
- The lowest recorded value was -18.85 % change on previous year in 1998.
- How does Latvia rank for manufacturing value added to gdp, annual growth rate?
- Latvia ranks 63rd out of 202 countries with data for 2025.
- Is manufacturing value added to gdp, annual growth rate rising or falling in Latvia?
- Over the last ten years it is up 178.7%. 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 to gdp, 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 to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Share of manufacturing in gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
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 to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.