Unit values at basic prices in Latvia
Latvia: Unit values at basic prices was 169.6 Euro per tonne in 2018. ▲ Rising
Latest (2018)
169.6 Euro per tonne
Change on year
up 16.3%
World rank
15th
of 40 countries
All-time high
191.6 Euro per tonne
in 2012
All-time low
66.1 Euro per tonne
in 1999
Years of data
20
1999–2018
Unit values at basic prices in Latvia, 1999–2018
Source: Eurostat. Measured in Euro per tonne.
Analysis
In 2018, unit values at basic prices in Latvia stood at 169.6 Euro per tonne.
That represents a change of up 16.3% on the previous year and up 76.7% over ten years.
Over the whole period, unit values at basic prices in Latvia peaked at 191.6 Euro per tonne in 2012 and was at its lowest, 66.1 Euro per tonne, in 1999.
That places Latvia 15th out of 40 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Unit values at basic prices in Latvia, year by year
| Year | Euro per tonne | Change |
|---|---|---|
| 1999 | 66.1 Euro per tonne | — |
| 2000 | 78.9 Euro per tonne | +19.4% |
| 2001 | 76.5 Euro per tonne | -3.0% |
| 2002 | 73.8 Euro per tonne | -3.5% |
| 2003 | 80.9 Euro per tonne | +9.6% |
| 2004 | 87.9 Euro per tonne | +8.7% |
| 2005 | 76.3 Euro per tonne | -13.2% |
| 2006 | 97.7 Euro per tonne | +28.0% |
| 2007 | 124.9 Euro per tonne | +27.8% |
| 2008 | 96 Euro per tonne | -23.1% |
| 2009 | 78.5 Euro per tonne | -18.2% |
| 2010 | 105.7 Euro per tonne | +34.6% |
| 2011 | 178.1 Euro per tonne | +68.5% |
| 2012 | 191.6 Euro per tonne | +7.6% |
| 2013 | 175.1 Euro per tonne | -8.6% |
| 2014 | 146.6 Euro per tonne | -16.3% |
| 2015 | 142.8 Euro per tonne | -2.6% |
| 2016 | 140.4 Euro per tonne | -1.7% |
| 2017 | 145.8 Euro per tonne | +3.8% |
| 2018 | 169.6 Euro per tonne | +16.3% |
Latvia compared with similar countries
- Latvia's 169.6 Euro per tonne is above the median for Europe & Central Asia, which is 166.8 Euro per tonne, 1.0× the median. (30 countries reporting)
- Latvia's 169.6 Euro per tonne is above the median for high income countries, which is 166.8 Euro per tonne, 1.0× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 66.1 Euro per tonne | 66.1 Euro per tonne | 66.1 Euro per tonne | 1 |
| 2000s | 87.14 Euro per tonne | 73.8 Euro per tonne | 124.9 Euro per tonne | 10 |
| 2010s | 155.08 Euro per tonne | 105.7 Euro per tonne | 191.6 Euro per tonne | 9 |
Countries ranked near Latvia
More economy & growth data for Latvia
- Foreign direct investment, net outflows (BoP, current US$), gaps 317.22 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0065 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 171.67 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 243.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -83.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 131.89 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.65 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1255 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,301 includes gold, current US$ per person (2025)
Frequently asked questions
- What is unit values at basic prices in Latvia?
- Unit values at basic prices in Latvia was 169.6 Euro per tonne in 2018, according to Eurostat.
- What is the highest unit values at basic prices recorded in Latvia?
- The highest recorded value was 191.6 Euro per tonne in 2012.
- What is the lowest unit values at basic prices recorded in Latvia?
- The lowest recorded value was 66.1 Euro per tonne in 1999.
- How does Latvia rank for unit values at basic prices?
- Latvia ranks 15th out of 40 countries with data for 2018.
- Is unit values at basic prices rising or falling in Latvia?
- Over the last ten years it is up 76.7%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Unit values at basic prices. Statizoid updates them automatically from the source API.
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