Domestic value added: EU country perspective (FIGARO) in Latvia
Latvia: Domestic value added: EU country perspective (FIGARO) was 11.68 million Thousand euro in 2024. ▲ Rising
Latest (2024)
11.68 million Thousand euro
Change on year
down 0.6%
World rank
32nd
of 35 countries
All-time high
11.74 million Thousand euro
in 2023
All-time low
5.01 million Thousand euro
in 2010
Years of data
15
2010–2024
Domestic value added in exports - EU country perspective in Latvia, 2010–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
Latvia recorded 11.68 million Thousand euro for domestic value added in exports - eu country perspective in 2024.
The figure is down 0.6% on the previous year and up 72.5% over ten years.
Over the whole period, domestic value added in exports - eu country perspective in Latvia peaked at 11.74 million Thousand euro in 2023 and was at its lowest, 5.01 million Thousand euro, in 2010.
Latvia ranks 32nd of 35 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Domestic value added: EU country perspective (FIGARO) in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2010 | 5.01 million Thousand euro | — |
| 2011 | 5.61 million Thousand euro | +12.0% |
| 2012 | 6.40 million Thousand euro | +14.0% |
| 2013 | 6.48 million Thousand euro | +1.1% |
| 2014 | 6.77 million Thousand euro | +4.5% |
| 2015 | 7.06 million Thousand euro | +4.4% |
| 2016 | 7.29 million Thousand euro | +3.2% |
| 2017 | 7.86 million Thousand euro | +7.8% |
| 2018 | 8.35 million Thousand euro | +6.3% |
| 2019 | 8.59 million Thousand euro | +2.8% |
| 2020 | 8.58 million Thousand euro | -0.1% |
| 2021 | 9.71 million Thousand euro | +13.1% |
| 2022 | 11.47 million Thousand euro | +18.2% |
| 2023 | 11.74 million Thousand euro | +2.4% |
| 2024 | 11.68 million Thousand euro | -0.6% |
Latvia compared with similar countries
- Latvia's 11.68 million Thousand euro is below the median for Europe & Central Asia, which is 71.57 million Thousand euro, 16% of the median. (26 countries reporting)
- Latvia's 11.68 million Thousand euro is below the median for high income countries, which is 63.30 million Thousand euro, 18% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.94 million Thousand euro | 5.01 million Thousand euro | 8.59 million Thousand euro | 10 |
| 2020s | 10.64 million Thousand euro | 8.58 million Thousand euro | 11.74 million Thousand euro | 5 |
Countries ranked near Latvia
More trade data for Latvia
- Commodity Net Export Price Index, Individual Commodities Weighted by 108.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.59 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.34 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.53 (2024)
- Imports of low carbon technology products, US dollar (World), per 356.69 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0151 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 467.61 million (2024)
Frequently asked questions
- What is domestic value added in exports - eu country perspective in Latvia?
- Domestic value added in exports - eu country perspective in Latvia was 11.68 million Thousand euro in 2024, according to Eurostat.
- What is the highest domestic value added in exports - eu country perspective recorded in Latvia?
- The highest recorded value was 11.74 million Thousand euro in 2023.
- What is the lowest domestic value added in exports - eu country perspective recorded in Latvia?
- The lowest recorded value was 5.01 million Thousand euro in 2010.
- How does Latvia rank for domestic value added in exports - eu country perspective?
- Latvia ranks 32nd out of 35 countries with data for 2024.
- Is domestic value added in exports - eu country perspective rising or falling in Latvia?
- Over the last ten years it is up 72.5%. 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 Domestic value added in exports - EU country perspective (FIGARO application). Statizoid updates them automatically from the source API.
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