Concentration of trade by NACE Rev. 2 activity in Latvia

Latvia: Concentration of trade by NACE Rev. 2 activity was 16.72 million in 2024. ▲ Rising

Latest (2024)
16.72 million
Change on year
down 4.8%
World rank
25th
of 29 countries
All-time high
19.47 million
in 2022
All-time low
10.02 million
in 2016
Years of data
13
2012–2024

Concentration of trade by NACE Rev. 2 activity in Latvia, 2012–2024

05.0M10.0M15.0M20.0M2012201820242012: 10.1M2013: 10.4M2014: 10.6M2015: 10.1M2016: 10.0M2017: 11.2M2018: 11.3M2019: 11.9M2020: 10.9M2021: 13.5M2022: 19.5M2023: 17.6M2024: 16.7M

Source: Eurostat.

Analysis

Latvia recorded 16.72 million for concentration of trade by nace rev. 2 activity in 2024.

That represents a change of down 4.8% on the previous year and up 57.9% over ten years.

Over the whole period, concentration of trade by nace rev. 2 activity in Latvia peaked at 19.47 million in 2022 and was at its lowest, 10.02 million, in 2016.

That places Latvia 25th out of 29 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Concentration of trade by NACE Rev. 2 activity in Latvia, year by year

Annual values for Concentration of trade by NACE Rev. 2 activity in Latvia, 2012 to 2024.
Year Value Change
2012 10.13 million
2013 10.39 million +2.6%
2014 10.59 million +1.9%
2015 10.07 million -4.9%
2016 10.02 million -0.5%
2017 11.22 million +12.0%
2018 11.31 million +0.8%
2019 11.85 million +4.8%
2020 10.91 million -7.9%
2021 13.49 million +23.6%
2022 19.47 million +44.3%
2023 17.57 million -9.8%
2024 16.72 million -4.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.70 million 10.02 million 11.85 million 8
2020s 15.63 million 10.91 million 19.47 million 5

Countries ranked near Latvia

  1. 22 Bulgaria 26.78 million compare
  2. 23 Lithuania 25.63 million compare
  3. 24 Luxembourg 21.61 million compare
  4. 26 Estonia 16.13 million compare
  5. 27 Cyprus 7.29 million compare
  6. 28 Malta 5.58 million compare

See the full ranking of 29 places →

More trade data for Latvia

All data for Latvia →

Frequently asked questions

What is concentration of trade by nace rev. 2 activity in Latvia?
Concentration of trade by nace rev. 2 activity in Latvia was 16.72 million in 2024, according to Eurostat.
What is the highest concentration of trade by nace rev. 2 activity recorded in Latvia?
The highest recorded value was 19.47 million in 2022.
What is the lowest concentration of trade by nace rev. 2 activity recorded in Latvia?
The lowest recorded value was 10.02 million in 2016.
How does Latvia rank for concentration of trade by nace rev. 2 activity?
Latvia ranks 25th out of 29 countries with data for 2024.
Is concentration of trade by nace rev. 2 activity rising or falling in Latvia?
Over the last ten years it is up 57.9%. 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 Concentration of trade by NACE Rev. 2 activity. Statizoid updates them automatically from the source API.

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Concentration of trade by NACE Rev. 2 activity in Latvia. Statizoid, drawing on Eurostat. Retrieved 22 August 2026, from https://trade.statizoid.com/stat/concentration-of-trade-by-nace-rev-2-activity/latvia/

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About this data

Indicator
Concentration of trade by NACE Rev. 2 activity
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
29 places, 359 data points, 2012–2024
Last refreshed