Value Added (Total Manufacturing) — Value Standard Local Currency in Latvia
Latvia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0023 million SLC per person in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Latvia, 1991–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Latvia recorded 0.0023 million SLC per person for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 33 years on record.
The figure is up 3.0% on the previous year and up 86.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Latvia peaked at 0.0023 million SLC per person in 2023 and was at its lowest, 0 million SLC per person, in 1991.
That places Latvia 143rd out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Latvia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1991 | 0 million SLC per person | — |
| 1992 | 0.0002 million SLC per person | +440.2% |
| 1993 | 0.0002 million SLC per person | +18.3% |
| 1994 | 0.0002 million SLC per person | +19.4% |
| 1995 | 0.0003 million SLC per person | +33.7% |
| 1996 | 0.0003 million SLC per person | +13.1% |
| 1997 | 0.0004 million SLC per person | +24.2% |
| 1998 | 0.0004 million SLC per person | -8.6% |
| 1999 | 0.0004 million SLC per person | -3.7% |
| 2000 | 0.0004 million SLC per person | +11.1% |
| 2001 | 0.0004 million SLC per person | +10.2% |
| 2002 | 0.0005 million SLC per person | +13.3% |
| 2003 | 0.0005 million SLC per person | +4.9% |
| 2004 | 0.0006 million SLC per person | +16.2% |
| 2005 | 0.0007 million SLC per person | +15.8% |
| 2006 | 0.0008 million SLC per person | +17.7% |
| 2007 | 0.001 million SLC per person | +26.3% |
| 2008 | 0.0011 million SLC per person | +4.7% |
| 2009 | 0.0009 million SLC per person | -20.2% |
| 2010 | 0.001 million SLC per person | +18.8% |
| 2011 | 0.0011 million SLC per person | +10.1% |
| 2012 | 0.0012 million SLC per person | +8.5% |
| 2013 | 0.0013 million SLC per person | +2.4% |
| 2014 | 0.0012 million SLC per person | -0.8% |
| 2015 | 0.0013 million SLC per person | +4.5% |
| 2016 | 0.0013 million SLC per person | +1.2% |
| 2017 | 0.0015 million SLC per person | +10.6% |
| 2018 | 0.0016 million SLC per person | +9.7% |
| 2019 | 0.0017 million SLC per person | +6.5% |
| 2020 | 0.0018 million SLC per person | +3.7% |
| 2021 | 0.0022 million SLC per person | +24.7% |
| 2022 | 0.0023 million SLC per person | +3.1% |
| 2023 | 0.0023 million SLC per person | +3.0% |
Latvia compared with similar countries
- Latvia's 0.0023 million SLC per person is below the median for high income countries, which is 0.0067 million SLC per person, 35% of the median. (73 countries reporting)
- Latvia's 0.0023 million SLC per person is below the median for Europe & Central Asia, which is 0.0084 million SLC per person, 28% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +440.2% | 0 million SLC per person | 0.0002 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0003 million SLC per person | 0 million SLC per person | 0.0004 million SLC per person | 9 |
| 2000s | 0.0007 million SLC per person | 0.0004 million SLC per person | 0.0011 million SLC per person | 10 |
| 2010s | 0.0013 million SLC per person | 0.001 million SLC per person | 0.0017 million SLC per person | 10 |
| 2020s | 0.0021 million SLC per person | 0.0018 million SLC per person | 0.0023 million SLC per person | 4 |
Countries ranked near Latvia
- 140 Afghanistan 0.0025 million SLC per person compare
- 141 Croatia 0.0025 million SLC per person compare
- 142 Lesotho 0.0024 million SLC per person compare
- 144 Saint Kitts and Nevis 0.0023 million SLC per person compare
- 145 Malta 0.0023 million SLC per person compare
- 146 Zambia 0.0023 million SLC per person compare
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 (total manufacturing) — value standard local currency in Latvia?
- Value added (total manufacturing) — value standard local currency in Latvia was 0.0023 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Latvia?
- The highest recorded value was 0.0023 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Latvia?
- The lowest recorded value was 0 million SLC per person in 1991.
- How does Latvia rank for value added (total manufacturing) — value standard local currency?
- Latvia ranks 143rd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Latvia?
- Over the last ten years it is up 86.2%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.