Other manufacturing in Latvia
Latvia: Other manufacturing was 61.2% in 2023. ▬ Flat
Other manufacturing in Latvia, 1993–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, other manufacturing in Latvia stood at 61.2%. That is the highest value across all 31 years on record.
The figure is up 48.2% on the previous year and up 69.0% over ten years.
Over the whole period, other manufacturing in Latvia peaked at 61.2% in 2023 and was at its lowest, 30.3%, in 2010.
That places Latvia 13th out of 157 countries with data for 2023, putting it in the top 10%.
Other manufacturing in Latvia, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1993 | 31.3% | — |
| 1994 | 32.9% | +5.1% |
| 1995 | 33.1% | +0.8% |
| 1996 | 33.4% | +0.8% |
| 1997 | 43.4% | +29.8% |
| 1998 | 51.9% | +19.7% |
| 1999 | 45.6% | -12.1% |
| 2000 | 51.3% | +12.4% |
| 2001 | 51.6% | +0.6% |
| 2002 | 51.1% | -1.0% |
| 2003 | 56.6% | +10.8% |
| 2004 | 59.8% | +5.6% |
| 2005 | 37.8% | -36.7% |
| 2006 | 40.3% | +6.6% |
| 2007 | 40.6% | +0.6% |
| 2008 | 30.4% | -25.0% |
| 2009 | 31.9% | +4.8% |
| 2010 | 30.3% | -5.0% |
| 2011 | 35.4% | +16.9% |
| 2012 | 37.6% | +6.2% |
| 2013 | 36.2% | -3.8% |
| 2014 | 34.5% | -4.5% |
| 2015 | 34.6% | +0.1% |
| 2016 | 35.2% | +1.7% |
| 2017 | 34.4% | -2.2% |
| 2018 | 33.9% | -1.2% |
| 2019 | 43.2% | +27.4% |
| 2020 | 38.2% | -11.6% |
| 2021 | 41.2% | +7.9% |
| 2022 | 41.3% | +0.1% |
| 2023 | 61.2% | +48.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.8% | 31.3% | 51.9% | 7 |
| 2000s | 45.1% | 30.4% | 59.8% | 10 |
| 2010s | 35.5% | 30.3% | 43.2% | 10 |
| 2020s | 45.5% | 38.2% | 61.2% | 4 |
Countries ranked near Latvia
- 10 Palestine, State of 62.2% compare
- 11 Bermuda 62.1% compare
- 12 Kuwait 61.8% compare
- 14 Puerto Rico 59.2% compare
- 15 Kazakhstan 58.5% compare
- 16 Finland 57.8% compare
More economy & growth data for Latvia
- Exports of goods and services (current LCU), annual growth rate 2.1 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.5538 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 14,570 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.074 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4394 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 11,562 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 16.57 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2347 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 6,175 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2077 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is other manufacturing in Latvia?
- Other manufacturing in Latvia was 61.2% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest other manufacturing recorded in Latvia?
- The highest recorded value was 61.2% in 2023.
- What is the lowest other manufacturing recorded in Latvia?
- The lowest recorded value was 30.3% in 2010.
- How does Latvia rank for other manufacturing?
- Latvia ranks 13th out of 157 countries with data for 2023.
- Is other manufacturing rising or falling in Latvia?
- Over the last ten years it is up 69.0%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Other manufacturing (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Other manufacturing, a residual, covers wood and related products (ISIC Rev. 3 division 20), paper and related products (ISIC Rev. 3 divisions 21 and 22), petroleum and related products (ISIC Rev. 3 division 23), basic metals and mineral products (ISIC Rev. 3 division27), fabricated metal products and professional goods (ISIC Rev. 3 division 28), and other industries (ISIC Rev. 3 divisions 25, 26, 31, 33, 36, and 37). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).