Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Latvia
Latvia: Value Added Deflator (Manufacturing) — Value US$, 2015 prices was 134.42 USD in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Latvia, 1990–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Latvia recorded 134.42 USD for value added deflator (manufacturing) — value us$, 2015 prices in 2023. That is the highest value across all 34 years on record.
That represents a change of up 5.8% on the previous year and up 11.5% over ten years.
Over the whole period, value added deflator (manufacturing) — value us$, 2015 prices in Latvia peaked at 134.42 USD in 2023 and was at its lowest, 49.3 USD, in 2001.
Latvia ranks 38th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Value Added Deflator (Manufacturing) — Value US$, 2015 prices in Latvia, year by year
| Year | USD | Change |
|---|---|---|
| 1990 | 57.61 USD | — |
| 1991 | 55.4 USD | -3.8% |
| 1992 | 54.32 USD | -1.9% |
| 1993 | 55.02 USD | +1.3% |
| 1994 | 52.71 USD | -4.2% |
| 1995 | 57.56 USD | +9.2% |
| 1996 | 59.43 USD | +3.3% |
| 1997 | 59.39 USD | -0.1% |
| 1998 | 50.44 USD | -15.1% |
| 1999 | 50.61 USD | +0.3% |
| 2000 | 50.29 USD | -0.6% |
| 2001 | 49.3 USD | -2.0% |
| 2002 | 50.33 USD | +2.1% |
| 2003 | 54.81 USD | +8.9% |
| 2004 | 62.66 USD | +14.3% |
| 2005 | 65.3 USD | +4.2% |
| 2006 | 71.42 USD | +9.4% |
| 2007 | 98.35 USD | +37.7% |
| 2008 | 117.3 USD | +19.3% |
| 2009 | 111.98 USD | -4.5% |
| 2010 | 108.97 USD | -2.7% |
| 2011 | 122.07 USD | +12.0% |
| 2012 | 114.27 USD | -6.4% |
| 2013 | 120.59 USD | +5.5% |
| 2014 | 120.61 USD | +0.0% |
| 2015 | 100 USD | -17.1% |
| 2016 | 98.34 USD | -1.7% |
| 2017 | 102.95 USD | +4.7% |
| 2018 | 109.07 USD | +5.9% |
| 2019 | 108.27 USD | -0.7% |
| 2020 | 112.89 USD | +4.3% |
| 2021 | 131.16 USD | +16.2% |
| 2022 | 127.03 USD | -3.1% |
| 2023 | 134.42 USD | +5.8% |
Latvia compared with similar countries
- Latvia's 134.42 USD is above the median for high income countries, which is 118.6 USD, 1.1× the median. (68 countries reporting)
- Latvia's 134.42 USD is above the median for Europe & Central Asia, which is 120.84 USD, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 55.25 USD | 50.44 USD | 59.43 USD | 10 |
| 2000s | 73.17 USD | 49.3 USD | 117.3 USD | 10 |
| 2010s | 110.51 USD | 98.34 USD | 122.07 USD | 10 |
| 2020s | 126.37 USD | 112.89 USD | 134.42 USD | 4 |
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 deflator (manufacturing) — value us$, 2015 prices in Latvia?
- Value added deflator (manufacturing) — value us$, 2015 prices in Latvia was 134.42 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value us$, 2015 prices recorded in Latvia?
- The highest recorded value was 134.42 USD in 2023.
- What is the lowest value added deflator (manufacturing) — value us$, 2015 prices recorded in Latvia?
- The lowest recorded value was 49.3 USD in 2001.
- How does Latvia rank for value added deflator (manufacturing) — value us$, 2015 prices?
- Latvia ranks 38th out of 203 countries with data for 2023.
- Is value added deflator (manufacturing) — value us$, 2015 prices rising or falling in Latvia?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).