Percentage change of value added by ICT sector at current prices in Latvia
Latvia: Percentage change of value added by ICT sector at current prices was 13.04 in 2023. ◆ Volatile
Percentage change of value added by ICT sector at current prices in Latvia, 2009–2023
Source: Eurostat.
Analysis
In 2023, percentage change of value added by ict sector at current prices in Latvia stood at 13.04.
Compared with earlier readings it is down 6.1% on the previous year and up 18.9% over ten years.
Over the whole period, percentage change of value added by ict sector at current prices in Latvia peaked at 17.08 in 2021 and was at its lowest, -20.72, in 2009.
Latvia ranks 13th of 32 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.
Percentage change of value added by ICT sector at current prices in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | -20.72 | — |
| 2010 | -1.93 | -90.7% |
| 2011 | 5.12 | -365.3% |
| 2012 | 15.19 | +196.7% |
| 2013 | 10.97 | -27.8% |
| 2014 | 3.14 | -71.4% |
| 2015 | 14.19 | +351.9% |
| 2016 | 12.7 | -10.5% |
| 2017 | 10.26 | -19.2% |
| 2018 | 12.52 | +22.0% |
| 2019 | 13.99 | +11.7% |
| 2020 | 5.95 | -57.5% |
| 2021 | 17.08 | +187.1% |
| 2022 | 13.89 | -18.7% |
| 2023 | 13.04 | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -20.72 | -20.72 | -20.72 | 1 |
| 2010s | 9.62 | -1.93 | 15.19 | 10 |
| 2020s | 12.49 | 5.95 | 17.08 | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
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Frequently asked questions
- What is percentage change of value added by ict sector at current prices in Latvia?
- Percentage change of value added by ict sector at current prices in Latvia was 13.04 in 2023, according to Eurostat.
- What is the highest percentage change of value added by ict sector at current prices recorded in Latvia?
- The highest recorded value was 17.08 in 2021.
- What is the lowest percentage change of value added by ict sector at current prices recorded in Latvia?
- The lowest recorded value was -20.72 in 2009.
- How does Latvia rank for percentage change of value added by ict sector at current prices?
- Latvia ranks 13th out of 32 countries with data for 2023.
- Is percentage change of value added by ict sector at current prices rising or falling in Latvia?
- Over the last ten years it is up 18.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Percentage change of value added by ICT sector at current prices. Statizoid updates them automatically from the source API.
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