Trade in low carbon technology products, Comparative advantage, Index in Latvia
Latvia: Trade in low carbon technology products, Comparative advantage, Index was 0.4518 in 2024. ▲ Rising
Trade in low carbon technology products, Comparative advantage, Index in Latvia, 1998–2024
Source: International Monetary Fund.
Analysis
The most recent figure for trade in low carbon technology products, comparative advantage, index in Latvia is 0.4518, measured in 2024.
Compared with earlier readings it is up 1.3% on the previous year and up 18.0% over ten years.
Over the whole period, trade in low carbon technology products, comparative advantage, index in Latvia peaked at 0.4953 in 2015 and was at its lowest, 0.1426, in 1999.
That places Latvia 51st out of 184 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Trade in low carbon technology products, Comparative advantage, Index in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 0.4175 | — |
| 1999 | 0.1426 | -65.8% |
| 2000 | 0.1751 | +22.8% |
| 2001 | 0.2244 | +28.2% |
| 2002 | 0.2393 | +6.6% |
| 2003 | 0.2477 | +3.5% |
| 2004 | 0.2889 | +16.7% |
| 2005 | 0.3963 | +37.2% |
| 2006 | 0.4044 | +2.1% |
| 2007 | 0.3698 | -8.6% |
| 2008 | 0.3784 | +2.3% |
| 2009 | 0.2834 | -25.1% |
| 2010 | 0.3279 | +15.7% |
| 2011 | 0.4048 | +23.4% |
| 2012 | 0.4221 | +4.3% |
| 2013 | 0.4915 | +16.4% |
| 2014 | 0.3829 | -22.1% |
| 2015 | 0.4953 | +29.4% |
| 2016 | 0.4295 | -13.3% |
| 2017 | 0.3841 | -10.6% |
| 2018 | 0.4042 | +5.2% |
| 2019 | 0.3841 | -5.0% |
| 2020 | 0.3966 | +3.3% |
| 2021 | 0.4526 | +14.1% |
| 2022 | 0.4439 | -1.9% |
| 2023 | 0.4461 | +0.5% |
| 2024 | 0.4518 | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2801 | 0.1426 | 0.4175 | 2 |
| 2000s | 0.3008 | 0.1751 | 0.4044 | 10 |
| 2010s | 0.4126 | 0.3279 | 0.4953 | 10 |
| 2020s | 0.4382 | 0.3966 | 0.4526 | 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 trade in low carbon technology products, comparative advantage, index in Latvia?
- Trade in low carbon technology products, comparative advantage, index in Latvia was 0.4518 in 2024, according to International Monetary Fund.
- What is the highest trade in low carbon technology products, comparative advantage, index recorded in Latvia?
- The highest recorded value was 0.4953 in 2015.
- What is the lowest trade in low carbon technology products, comparative advantage, index recorded in Latvia?
- The lowest recorded value was 0.1426 in 1999.
- How does Latvia rank for trade in low carbon technology products, comparative advantage, index?
- Latvia ranks 51st out of 184 countries with data for 2024.
- Is trade in low carbon technology products, comparative advantage, index rising or falling in Latvia?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from International Monetary Fund, published as part of Trade in low carbon technology products, Comparative advantage, Index (World). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.