Value Added (Total Manufacturing) — Value US$, per capita in Latvia
Latvia: Value Added (Total Manufacturing) — Value US$, per capita was 0.0025 million USD per person in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, per capita in Latvia, 1991–2023
Source: Statizoid (derived). Measured in million USD per person.
Analysis
The most recent figure for value added (total manufacturing) — value us$, per capita in Latvia is 0.0025 million USD per person, measured in 2023.
That represents a change of up 5.8% on the previous year and up 51.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$, per capita in Latvia peaked at 0.0026 million USD per person in 2021 and was at its lowest, 0.0003 million USD per person, in 1994.
Latvia ranks 48th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, per capita in Latvia, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1991 | 0.0011 million USD per person | — |
| 1992 | 0.0006 million USD per person | -48.7% |
| 1993 | 0.0004 million USD per person | -29.4% |
| 1994 | 0.0003 million USD per person | -11.8% |
| 1995 | 0.0004 million USD per person | +10.2% |
| 1996 | 0.0004 million USD per person | +8.3% |
| 1997 | 0.0005 million USD per person | +17.7% |
| 1998 | 0.0004 million USD per person | -10.0% |
| 1999 | 0.0004 million USD per person | -3.0% |
| 2000 | 0.0005 million USD per person | +7.1% |
| 2001 | 0.0005 million USD per person | +6.4% |
| 2002 | 0.0006 million USD per person | +15.1% |
| 2003 | 0.0006 million USD per person | +13.5% |
| 2004 | 0.0008 million USD per person | +22.9% |
| 2005 | 0.0009 million USD per person | +10.8% |
| 2006 | 0.001 million USD per person | +18.6% |
| 2007 | 0.0014 million USD per person | +37.8% |
| 2008 | 0.0016 million USD per person | +11.9% |
| 2009 | 0.0012 million USD per person | -24.1% |
| 2010 | 0.0014 million USD per person | +13.2% |
| 2011 | 0.0016 million USD per person | +16.5% |
| 2012 | 0.0016 million USD per person | -0.6% |
| 2013 | 0.0017 million USD per person | +5.8% |
| 2014 | 0.0017 million USD per person | -0.7% |
| 2015 | 0.0014 million USD per person | -12.7% |
| 2016 | 0.0015 million USD per person | +0.9% |
| 2017 | 0.0016 million USD per person | +12.8% |
| 2018 | 0.0019 million USD per person | +14.7% |
| 2019 | 0.0019 million USD per person | +1.0% |
| 2020 | 0.002 million USD per person | +5.8% |
| 2021 | 0.0026 million USD per person | +29.1% |
| 2022 | 0.0024 million USD per person | -8.2% |
| 2023 | 0.0025 million USD per person | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0005 million USD per person | 0.0003 million USD per person | 0.0011 million USD per person | 9 |
| 2000s | 0.0009 million USD per person | 0.0005 million USD per person | 0.0016 million USD per person | 10 |
| 2010s | 0.0016 million USD per person | 0.0014 million USD per person | 0.0019 million USD per person | 10 |
| 2020s | 0.0024 million USD per person | 0.002 million USD per person | 0.0026 million USD per person | 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 (total manufacturing) — value us$, per capita in Latvia?
- Value added (total manufacturing) — value us$, per capita in Latvia was 0.0025 million USD per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, per capita recorded in Latvia?
- The highest recorded value was 0.0026 million USD per person in 2021.
- What is the lowest value added (total manufacturing) — value us$, per capita recorded in Latvia?
- The lowest recorded value was 0.0003 million USD per person in 1994.
- How does Latvia rank for value added (total manufacturing) — value us$, per capita?
- Latvia ranks 48th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value us$, per capita rising or falling in Latvia?
- Over the last ten years it is up 51.6%. 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 US$, per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Value Added (Total Manufacturing) — Value US$ 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 US$ ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value US$ 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 US$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.