Value Added (Total Manufacturing) — Value Standard Local Currency in Latvia
Latvia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0 million SLC per US$ of GDP in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Latvia, 1995–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Latvia recorded 0 million SLC per US$ of GDP for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is down 8.3% on the previous year and up 18.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Latvia peaked at 0 million SLC per US$ of GDP in 1997 and was at its lowest, 0 million SLC per US$ of GDP, in 2008.
That places Latvia 154th out of 193 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Latvia, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1995 | 0 million SLC per US$ of GDP | — |
| 1996 | 0 million SLC per US$ of GDP | +8.1% |
| 1997 | 0 million SLC per US$ of GDP | +12.3% |
| 1998 | 0 million SLC per US$ of GDP | -17.6% |
| 1999 | 0 million SLC per US$ of GDP | -9.1% |
| 2000 | 0 million SLC per US$ of GDP | +3.8% |
| 2001 | 0 million SLC per US$ of GDP | +3.0% |
| 2002 | 0 million SLC per US$ of GDP | -0.8% |
| 2003 | 0 million SLC per US$ of GDP | -14.5% |
| 2004 | 0 million SLC per US$ of GDP | -6.5% |
| 2005 | 0 million SLC per US$ of GDP | -2.9% |
| 2006 | 0 million SLC per US$ of GDP | -7.0% |
| 2007 | 0 million SLC per US$ of GDP | -13.0% |
| 2008 | 0 million SLC per US$ of GDP | -10.7% |
| 2009 | 0 million SLC per US$ of GDP | +4.3% |
| 2010 | 0 million SLC per US$ of GDP | +27.4% |
| 2011 | 0 million SLC per US$ of GDP | -4.5% |
| 2012 | 0 million SLC per US$ of GDP | +5.0% |
| 2013 | 0 million SLC per US$ of GDP | -5.7% |
| 2014 | 0 million SLC per US$ of GDP | -5.3% |
| 2015 | 0 million SLC per US$ of GDP | +19.1% |
| 2016 | 0 million SLC per US$ of GDP | -2.6% |
| 2017 | 0 million SLC per US$ of GDP | +1.1% |
| 2018 | 0 million SLC per US$ of GDP | -3.8% |
| 2019 | 0 million SLC per US$ of GDP | +6.3% |
| 2020 | 0 million SLC per US$ of GDP | +2.1% |
| 2021 | 0 million SLC per US$ of GDP | +8.1% |
| 2022 | 0 million SLC per US$ of GDP | +3.3% |
| 2023 | 0 million SLC per US$ of GDP | -8.3% |
Latvia compared with similar countries
- Latvia's 0 million SLC per US$ of GDP is below the median for high income countries, which is 0 million SLC per US$ of GDP, 71% of the median. (72 countries reporting)
- Latvia's 0 million SLC per US$ of GDP is below the median for Europe & Central Asia, which is 0 million SLC per US$ of GDP, 43% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 5 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 4 |
Countries ranked near Latvia
- 151 Barbados 0 million SLC per US$ of GDP compare
- 152 Palestine 0 million SLC per US$ of GDP compare
- 153 Belgium 0 million SLC per US$ of GDP compare
- 155 Saint Kitts and Nevis 0 million SLC per US$ of GDP compare
- 156 United States 0 million SLC per US$ of GDP compare
- 157 Spain 0 million SLC per US$ of GDP 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 million SLC per US$ of GDP 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 million SLC per US$ of GDP in 1997.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Latvia?
- The lowest recorded value was 0 million SLC per US$ of GDP in 2008.
- How does Latvia rank for value added (total manufacturing) — value standard local currency?
- Latvia ranks 154th out of 193 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 18.7%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.