Meat of sheep, fresh or chilled (biological) — Producer Price in Latvia
Latvia: Meat of sheep, fresh or chilled (biological) — Producer Price was 2,637 USD in 2024. ▲ Rising
Meat of sheep, fresh or chilled (biological) — Producer Price in Latvia, 1992–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Latvia recorded 2,637 USD for meat of sheep, fresh or chilled (biological) — producer price in 2024. That is the highest value across all 33 years on record.
That represents a change of up 5.0% on the previous year and up 18.4% over ten years.
Over the whole period, meat of sheep, fresh or chilled (biological) — producer price in Latvia peaked at 2,637 USD in 2024 and was at its lowest, 162.9 USD, in 1992.
Latvia ranks 59th of 97 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Meat of sheep, fresh or chilled (biological) — Producer Price in Latvia, year by year
| Year | USD | Change |
|---|---|---|
| 1992 | 162.9 USD | — |
| 1993 | 253.2 USD | +55.4% |
| 1994 | 532.4 USD | +110.3% |
| 1995 | 608.4 USD | +14.3% |
| 1996 | 679.1 USD | +11.6% |
| 1997 | 802.2 USD | +18.1% |
| 1998 | 661.2 USD | -17.6% |
| 1999 | 787.8 USD | +19.1% |
| 2000 | 725.5 USD | -7.9% |
| 2001 | 955.5 USD | +31.7% |
| 2002 | 1,165 USD | +21.9% |
| 2003 | 1,207 USD | +3.7% |
| 2004 | 905.2 USD | -25.0% |
| 2005 | 986.3 USD | +9.0% |
| 2006 | 1,270 USD | +28.8% |
| 2007 | 1,401 USD | +10.3% |
| 2008 | 1,643 USD | +17.2% |
| 2009 | 1,598 USD | -2.7% |
| 2010 | 1,559 USD | -2.5% |
| 2011 | 1,436 USD | -7.9% |
| 2012 | 1,254 USD | -12.7% |
| 2013 | 2,031 USD | +61.9% |
| 2014 | 2,226 USD | +9.6% |
| 2015 | 1,841 USD | -17.3% |
| 2016 | 1,857 USD | +0.9% |
| 2017 | 1,920 USD | +3.4% |
| 2018 | 2,032 USD | +5.8% |
| 2019 | 1,846 USD | -9.2% |
| 2020 | 1,966 USD | +6.5% |
| 2021 | 2,354 USD | +19.7% |
| 2022 | 2,513 USD | +6.8% |
| 2023 | 2,511 USD | -0.1% |
| 2024 | 2,637 USD | +5.0% |
Latvia compared with similar countries
- Latvia's 2,637 USD is below the median for high income countries, which is 3,345 USD, 79% of the median. (37 countries reporting)
- Latvia's 2,637 USD is below the median for Europe & Central Asia, which is 3,278 USD, 80% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Meat of sheep, fresh or chilled (biological) — Producer Price in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +110.3% | 253.2 USD | 532.4 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 560.9 USD | 162.9 USD | 802.2 USD | 8 |
| 2000s | 1,186 USD | 725.5 USD | 1,643 USD | 10 |
| 2010s | 1,800 USD | 1,254 USD | 2,226 USD | 10 |
| 2020s | 2,396 USD | 1,966 USD | 2,637 USD | 5 |
Countries ranked near Latvia
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 meat of sheep, fresh or chilled (biological) — producer price in Latvia?
- Meat of sheep, fresh or chilled (biological) — producer price in Latvia was 2,637 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest meat of sheep, fresh or chilled (biological) — producer price recorded in Latvia?
- The highest recorded value was 2,637 USD in 2024.
- What is the lowest meat of sheep, fresh or chilled (biological) — producer price recorded in Latvia?
- The lowest recorded value was 162.9 USD in 1992.
- How does Latvia rank for meat of sheep, fresh or chilled (biological) — producer price?
- Latvia ranks 59th out of 97 countries with data for 2024.
- Is meat of sheep, fresh or chilled (biological) — producer price rising or falling in Latvia?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Meat of sheep, fresh or chilled (biological) — Producer Price (USD/tonne). Statizoid updates them automatically from the source API.
Download this data
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About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.