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

Latest (2023)
13.04
Change on year
down 6.1%
World rank
13th
of 32 countries
All-time high
17.08
in 2021
All-time low
-20.72
in 2009
Years of data
15
2009–2023

Percentage change of value added by ICT sector at current prices in Latvia, 2009–2023

-20-10010202009201620232009: -20.72010: -1.92011: 5.12012: 15.22013: 112014: 3.12015: 14.22016: 12.72017: 10.32018: 12.52019: 142020: 62021: 17.12022: 13.92023: 13

Source: Eurostat.

Analysis

The most recent figure for percentage change of value added by ict sector at current prices in Latvia is 13.04, measured in 2023.

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.

That places Latvia 13th out of 32 countries with data for 2023, putting it 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

Annual values for Percentage change of value added by ICT sector at current prices in Latvia, 2009 to 2023.
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

DecadeAverage LowestHighest 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

  1. 10 Greece 15.03 compare
  2. 11 Poland 13.85 compare
  3. 11 Poland 13.85 compare
  4. 13 Latvia 13.04 compare
  5. 15 Croatia 12.81 compare
  6. 15 Croatia 12.81 compare

See the full ranking of 32 places →

More economy & growth data for Latvia

All data for Latvia →

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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Percentage change of value added by ICT sector at current prices in Latvia. Statizoid, drawing on Eurostat. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/percentage-change-of-value-added-by-ict-sector-at-current-prices/latvia/

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About this data

Indicator
Percentage change of value added by ICT sector at current prices
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
32 places, 399 data points, 2009–2023
Last refreshed