Domestic value added in exports - EU perspective (FIGARO application) in Latvia
Latvia: Domestic value added in exports - EU perspective (FIGARO application) was 345,904 Thousand euro in 2024. ▲ Rising
Latest (2024)
345,904 Thousand euro
Change on year
down 1.7%
World rank
23rd
of 35 countries
All-time high
389,356 Thousand euro
in 2022
All-time low
195,003 Thousand euro
in 2010
Years of data
15
2010–2024
Domestic value added in exports - EU perspective in Latvia, 2010–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
In 2024, domestic value added in exports - eu perspective in Latvia stood at 345,904 Thousand euro.
That represents a change of down 1.7% on the previous year and up 4.7% over ten years.
Over the whole period, domestic value added in exports - eu perspective in Latvia peaked at 389,356 Thousand euro in 2022 and was at its lowest, 195,003 Thousand euro, in 2010.
Latvia ranks 23rd of 35 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Domestic value added in exports - EU perspective (FIGARO application) in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2010 | 195,003 Thousand euro | — |
| 2011 | 211,623 Thousand euro | +8.5% |
| 2012 | 258,982 Thousand euro | +22.4% |
| 2013 | 263,017 Thousand euro | +1.6% |
| 2014 | 330,230 Thousand euro | +25.6% |
| 2015 | 332,313 Thousand euro | +0.6% |
| 2016 | 306,705 Thousand euro | -7.7% |
| 2017 | 293,837 Thousand euro | -4.2% |
| 2018 | 343,391 Thousand euro | +16.9% |
| 2019 | 346,499 Thousand euro | +0.9% |
| 2020 | 311,286 Thousand euro | -10.2% |
| 2021 | 310,715 Thousand euro | -0.2% |
| 2022 | 389,356 Thousand euro | +25.3% |
| 2023 | 351,731 Thousand euro | -9.7% |
| 2024 | 345,904 Thousand euro | -1.7% |
Latvia compared with similar countries
- Latvia's 345,904 Thousand euro is below the median for Europe & Central Asia, which is 791,914 Thousand euro, 44% of the median. (26 countries reporting)
- Latvia's 345,904 Thousand euro is below the median for high income countries, which is 711,770 Thousand euro, 49% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 288,160 Thousand euro | 195,003 Thousand euro | 346,499 Thousand euro | 10 |
| 2020s | 341,798 Thousand euro | 310,715 Thousand euro | 389,356 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 perspective in Latvia?
- Domestic value added in exports - eu perspective in Latvia was 345,904 Thousand euro in 2024, according to Eurostat.
- What is the highest domestic value added in exports - eu perspective recorded in Latvia?
- The highest recorded value was 389,356 Thousand euro in 2022.
- What is the lowest domestic value added in exports - eu perspective recorded in Latvia?
- The lowest recorded value was 195,003 Thousand euro in 2010.
- How does Latvia rank for domestic value added in exports - eu perspective?
- Latvia ranks 23rd out of 35 countries with data for 2024.
- Is domestic value added in exports - eu perspective rising or falling in Latvia?
- Over the last ten years it is up 4.7%. 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 perspective (FIGARO application). Statizoid updates them automatically from the source API.
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