Export Diversification, Theil index in Latvia
Latvia: Export Diversification, Theil index was 1.86 in 2014. ◆ Volatile
Export Diversification, Theil index in Latvia, 1962–2014
Source: International Monetary Fund.
Analysis
The most recent figure for export diversification, theil index in Latvia is 1.86, measured in 2014.
Compared with earlier readings it is up 1.2% on the previous year and down 7.8% over ten years.
Over the whole period, export diversification, theil index in Latvia peaked at 3.03 in 1992 and was at its lowest, 0, in 1962.
Latvia ranks 178th of 189 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Export Diversification, Theil index in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 0 | — |
| 1963 | 0 | — |
| 1964 | 0 | — |
| 1965 | 0 | — |
| 1966 | 0 | — |
| 1967 | 0 | — |
| 1968 | 0 | — |
| 1969 | 0 | — |
| 1970 | 0 | — |
| 1971 | 0 | — |
| 1972 | 0 | — |
| 1973 | 0 | — |
| 1974 | 0 | — |
| 1975 | 0 | — |
| 1976 | 0 | — |
| 1977 | 0 | — |
| 1978 | 0 | — |
| 1979 | 0 | — |
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 3.03 | — |
| 1993 | 3.01 | -0.6% |
| 1994 | 2.4 | -20.1% |
| 1995 | 2.25 | -6.3% |
| 1996 | 2.45 | +8.8% |
| 1997 | 2.31 | -5.8% |
| 1998 | 2.18 | -5.6% |
| 1999 | 2.32 | +6.6% |
| 2000 | 2.37 | +2.1% |
| 2001 | 2.34 | -1.4% |
| 2002 | 2.23 | -4.6% |
| 2003 | 2.24 | +0.2% |
| 2004 | 2.02 | -9.5% |
| 2005 | 1.85 | -8.7% |
| 2006 | 1.73 | -6.3% |
| 2007 | 1.7 | -1.5% |
| 2008 | 1.64 | -3.6% |
| 2009 | 1.67 | +1.5% |
| 2010 | 1.76 | +5.4% |
| 2011 | 1.79 | +1.7% |
| 2012 | 1.85 | +3.7% |
| 2013 | 1.84 | -0.6% |
| 2014 | 1.86 | +1.2% |
Latvia compared with similar countries
- Latvia's 1.86 is below the median for high income countries, which is 2.57, 72% of the median. (62 countries reporting)
- Latvia's 1.86 is below the median for Europe & Central Asia, which is 2.17, 86% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 | 0 | 0 | 8 |
| 1970s | 0 | 0 | 0 | 10 |
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 2 | 0 | 3.03 | 10 |
| 2000s | 1.98 | 1.64 | 2.37 | 10 |
| 2010s | 1.82 | 1.76 | 1.86 | 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 export diversification, theil index in Latvia?
- Export diversification, theil index in Latvia was 1.86 in 2014, according to International Monetary Fund.
- What is the highest export diversification, theil index recorded in Latvia?
- The highest recorded value was 3.03 in 1992.
- What is the lowest export diversification, theil index recorded in Latvia?
- The lowest recorded value was 0 in 1962.
- How does Latvia rank for export diversification, theil index?
- Latvia ranks 178th out of 189 countries with data for 2014.
- Is export diversification, theil index rising or falling in Latvia?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Export Diversification, Theil index. Statizoid updates them automatically from the source API.
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About this data
Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.