Turnover in industry, total - annual data in Latvia
Latvia: Turnover in industry, total - annual data was 112.5 in 2025. ◆ Volatile
Latest (2025)
112.5
Change on year
up 5.9%
World rank
16th
of 46 countries
All-time high
118.2
in 2022
All-time low
14.9
in 2000
Years of data
26
2000–2025
Turnover in industry, total - annual data in Latvia, 2000–2025
Source: Eurostat.
Analysis
Latvia recorded 112.5 for turnover in industry, total - annual data in 2025.
The figure is up 5.9% on the previous year and up 86.9% over ten years.
Over the whole period, turnover in industry, total - annual data in Latvia peaked at 118.2 in 2022 and was at its lowest, 14.9, in 2000.
That places Latvia 16th out of 46 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Turnover in industry, total - annual data in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 14.9 | — |
| 2001 | 17.2 | +15.4% |
| 2002 | 19 | +10.5% |
| 2003 | 23.1 | +21.6% |
| 2004 | 28.9 | +25.1% |
| 2005 | 33.8 | +17.0% |
| 2006 | 39.3 | +16.3% |
| 2007 | 47.8 | +21.6% |
| 2008 | 47 | -1.7% |
| 2009 | 33.9 | -27.9% |
| 2010 | 43.7 | +28.9% |
| 2011 | 52.9 | +21.1% |
| 2012 | 60.6 | +14.6% |
| 2013 | 58.5 | -3.5% |
| 2014 | 58.2 | -0.5% |
| 2015 | 60.2 | +3.4% |
| 2016 | 61 | +1.3% |
| 2017 | 66.2 | +8.5% |
| 2018 | 73.9 | +11.6% |
| 2019 | 74.7 | +1.1% |
| 2020 | 77.8 | +4.1% |
| 2021 | 100 | +28.5% |
| 2022 | 118.2 | +18.2% |
| 2023 | 106.5 | -9.9% |
| 2024 | 106.2 | -0.3% |
| 2025 | 112.5 | +5.9% |
Latvia compared with similar countries
- Latvia's 112.5 is above the median for Europe & Central Asia, which is 106.35, 1.1× the median. (34 countries reporting)
- Latvia's 112.5 is above the median for high income countries, which is 106.8, 1.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.49 | 14.9 | 47.8 | 10 |
| 2010s | 60.99 | 43.7 | 74.7 | 10 |
| 2020s | 103.53 | 77.8 | 118.2 | 6 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Real gdp growth, annual growth rate 96.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 5.34 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0125 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 327.81 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3105 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0091 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 239.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -2.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 203.25 units per person (2025)
Frequently asked questions
- What is turnover in industry, total - annual data in Latvia?
- Turnover in industry, total - annual data in Latvia was 112.5 in 2025, according to Eurostat.
- What is the highest turnover in industry, total - annual data recorded in Latvia?
- The highest recorded value was 118.2 in 2022.
- What is the lowest turnover in industry, total - annual data recorded in Latvia?
- The lowest recorded value was 14.9 in 2000.
- How does Latvia rank for turnover in industry, total - annual data?
- Latvia ranks 16th out of 46 countries with data for 2025.
- Is turnover in industry, total - annual data rising or falling in Latvia?
- Over the last ten years it is up 86.9%. 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 Turnover in industry, total - annual data. Statizoid updates them automatically from the source API.
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