Value added and turnover of enterprises in the cultural sectors by in Latvia
Latvia: Value added and turnover of enterprises in the cultural sectors by was 646.5 Million euro in 2020. ▲ Rising
Latest (2020)
646.5 Million euro
Change on year
down 4.9%
World rank
31st
of 35 countries
All-time high
679.6 Million euro
in 2019
All-time low
548.9 Million euro
in 2015
Years of data
7
2013–2020
Value added and turnover of enterprises in the cultural sectors by in Latvia, 2013–2020
Source: Eurostat. Measured in Million euro.
Analysis
In 2020, value added and turnover of enterprises in the cultural sectors by in Latvia stood at 646.5 Million euro.
The figure is down 4.9% on the previous year and up 13.6% over ten years.
Latvia ranks 31st of 35 countries on this measure, in the bottom quarter.
Value added and turnover of enterprises in the cultural sectors by in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2013 | 569.1 Million euro | — |
| 2015 | 548.9 Million euro | -3.5% |
| 2016 | 553.5 Million euro | +0.8% |
| 2017 | 604.8 Million euro | +9.3% |
| 2018 | 636.9 Million euro | +5.3% |
| 2019 | 679.6 Million euro | +6.7% |
| 2020 | 646.5 Million euro | -4.9% |
Latvia compared with similar countries
- Latvia's 646.5 Million euro is below the median for Europe & Central Asia, which is 4,136 Million euro, 16% of the median. (27 countries reporting)
- Latvia's 646.5 Million euro is below the median for high income countries, which is 4,710 Million euro, 14% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 598.8 Million euro | 548.9 Million euro | 679.6 Million euro | 6 |
| 2020s | 646.5 Million euro | 646.5 Million euro | 646.5 Million euro | 1 |
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 value added and turnover of enterprises in the cultural sectors by in Latvia?
- Value added and turnover of enterprises in the cultural sectors by in Latvia was 646.5 Million euro in 2020, according to Eurostat.
- What is the highest value added and turnover of enterprises in the cultural sectors by recorded in Latvia?
- The highest recorded value was 679.6 Million euro in 2019.
- What is the lowest value added and turnover of enterprises in the cultural sectors by recorded in Latvia?
- The lowest recorded value was 548.9 Million euro in 2015.
- How does Latvia rank for value added and turnover of enterprises in the cultural sectors by?
- Latvia ranks 31st out of 35 countries with data for 2020.
- Is value added and turnover of enterprises in the cultural sectors by rising or falling in Latvia?
- Over the last ten years it is up 13.6%. 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 Value added and turnover of enterprises in the cultural sectors by NACE Rev. 2 activity (2011-2020). Statizoid updates them automatically from the source API.
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