Research and development expenditure as a proportion of GDP in Latvia
Latvia: Research and development expenditure as a proportion of GDP was 0.8% in 2023. ▲ Rising
Research and development expenditure as a proportion of GDP in Latvia, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, research and development expenditure as a proportion of gdp in Latvia stood at 0.8%. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 29.6% over ten years.
Over the whole period, research and development expenditure as a proportion of gdp in Latvia peaked at 0.8% in 2023 and was at its lowest, 0.4%, in 2003.
That places Latvia 43rd out of 106 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Research and development expenditure as a proportion of GDP in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.4% | — |
| 2001 | 0.4% | -7.8% |
| 2002 | 0.4% | +2.7% |
| 2003 | 0.4% | -10.9% |
| 2004 | 0.4% | +10.6% |
| 2005 | 0.5% | +32.1% |
| 2006 | 0.7% | +24.2% |
| 2007 | 0.6% | -14.8% |
| 2008 | 0.6% | +4.2% |
| 2009 | 0.5% | -23.9% |
| 2010 | 0.6% | +34.1% |
| 2011 | 0.7% | +19.7% |
| 2012 | 0.7% | -6.9% |
| 2013 | 0.6% | -7.8% |
| 2014 | 0.7% | +12.4% |
| 2015 | 0.6% | -10.3% |
| 2016 | 0.5% | -29.7% |
| 2017 | 0.5% | +17.6% |
| 2018 | 0.7% | +24.8% |
| 2019 | 0.7% | -0.2% |
| 2020 | 0.8% | +14.6% |
| 2021 | 0.8% | +1.9% |
| 2022 | 0.8% | +5.4% |
| 2023 | 0.8% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.4% | 0.7% | 10 |
| 2010s | 0.6% | 0.5% | 0.7% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 4 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Manufacturing, value added (current US$), per unit of GDP 0.0999 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,628 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0884 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 2,326 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.073 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,920 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1,898 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.34 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1868 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,916 current US$ per person (2025)
Frequently asked questions
- What is research and development expenditure as a proportion of gdp in Latvia?
- Research and development expenditure as a proportion of gdp in Latvia was 0.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest research and development expenditure as a proportion of gdp recorded in Latvia?
- The highest recorded value was 0.8% in 2023.
- What is the lowest research and development expenditure as a proportion of gdp recorded in Latvia?
- The lowest recorded value was 0.4% in 2003.
- How does Latvia rank for research and development expenditure as a proportion of gdp?
- Latvia ranks 43rd out of 106 countries with data for 2023.
- Is research and development expenditure as a proportion of gdp rising or falling in Latvia?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Research and development expenditure as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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