Medium and high-tech manufacturing value added in Latvia
Latvia: Medium and high-tech manufacturing value added was 20.9% in 2022. βΌ Falling
Medium and high-tech manufacturing value added in Latvia, 1990β2022
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufacturing value added.
Analysis
In 2022, medium and high-tech manufacturing value added in Latvia stood at 20.9%.
That represents a change of up 10.9% on the previous year and up 26.2% over ten years.
Over the whole period, medium and high-tech manufacturing value added in Latvia peaked at 33.1% in 1990 and was at its lowest, 10.7%, in 1999.
Latvia ranks 78th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.3% | 10.7% | 33.1% | 10 |
| 2000s | 14.9% | 11.4% | 20.8% | 10 |
| 2010s | 18.1% | 16.6% | 20.2% | 10 |
| 2020s | 21.4% | 18.9% | 24.3% | 3 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.26 (2013)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.7931 (2013)
- Domestic currency per US dollar (End-of-period (EoP)) 0.515 (2013)
- US dollar per domestic currency (End-of-period (EoP)) 1.94 (2013)
- Gdp worldbank constant usd, annual growth rate 2.14 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.642 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 16,892 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- External balance on goods and services as a percent of gdp -4.58 (2025)
Frequently asked questions
- What is medium and high-tech manufacturing value added in Latvia?
- Medium and high-tech manufacturing value added in Latvia was 20.9% in 2022, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech manufacturing value added recorded in Latvia?
- The highest recorded value was 33.1% in 1990.
- What is the lowest medium and high-tech manufacturing value added recorded in Latvia?
- The lowest recorded value was 10.7% in 1999.
- How does Latvia rank for medium and high-tech manufacturing value added?
- Latvia ranks 78th out of 153 countries with data for 2022.
- Is medium and high-tech manufacturing value added rising or falling in Latvia?
- Over the last ten years it is up 26.2%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech manufacturing value added (% manufacturing value added). Statizoid updates them automatically from the source API.
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About this data
The proportion of medium and high-tech industry value added in total value added of manufacturing