BERD by NACE Rev. 2 activity and source of funds in Latvia

Latvia: BERD by NACE Rev. 2 activity and source of funds was 136 Million euro in 2024. ◆ Volatile

Latest (2024)
136 Million euro
Change on year
up 15.1%
World rank
46th
of 52 countries
All-time high
136 Million euro
in 2024
All-time low
27 Million euro
in 2016
Years of data
20
2005–2024

BERD by NACE Rev. 2 activity and source of funds in Latvia, 2005–2024

2550751001252005201420242005: 29.6 Million euro2006: 56.6 Million euro2007: 40.9 Million euro2008: 35.4 Million euro2009: 30.9 Million euro2010: 40.2 Million euro2011: 39.1 Million euro2012: 33.1 Million euro2013: 39.5 Million euro2014: 57.8 Million euro2015: 37.6 Million euro2016: 27 Million euro2017: 37.5 Million euro2018: 46.3 Million euro2019: 51.3 Million euro2020: 77.3 Million euro2021: 92.8 Million euro2022: 105.9 Million euro2023: 118.1 Million euro2024: 136 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for berd by nace rev. 2 activity and source of funds in Latvia is 136 Million euro, measured in 2024. That is the highest value across all 20 years on record.

The figure is up 15.1% on the previous year and up 135.3% over ten years.

Over the whole period, berd by nace rev. 2 activity and source of funds in Latvia peaked at 136 Million euro in 2024 and was at its lowest, 27 Million euro, in 2016.

Latvia ranks 46th of 52 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

BERD by NACE Rev. 2 activity and source of funds in Latvia, year by year

Annual values for BERD by NACE Rev. 2 activity and source of funds in Latvia, 2005 to 2024.
Year Million euro Change
2005 29.61 Million euro
2006 56.59 Million euro +91.1%
2007 40.89 Million euro -27.8%
2008 35.44 Million euro -13.3%
2009 30.89 Million euro -12.8%
2010 40.21 Million euro +30.2%
2011 39.08 Million euro -2.8%
2012 33.1 Million euro -15.3%
2013 39.47 Million euro +19.3%
2014 57.8 Million euro +46.4%
2015 37.6 Million euro -34.9%
2016 27 Million euro -28.2%
2017 37.5 Million euro +38.9%
2018 46.3 Million euro +23.5%
2019 51.3 Million euro +10.8%
2020 77.32 Million euro +50.7%
2021 92.79 Million euro +20.0%
2022 105.9 Million euro +14.1%
2023 118.11 Million euro +11.5%
2024 136 Million euro +15.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.68 Million euro 29.61 Million euro 56.59 Million euro 5
2010s 40.94 Million euro 27 Million euro 57.8 Million euro 10
2020s 106.02 Million euro 77.32 Million euro 136 Million euro 5

Countries ranked near Latvia

  1. 43 Serbia 356.12 Million euro compare
  2. 44 Lithuania 335.92 Million euro compare
  3. 44 Lithuania 335.92 Million euro compare
  4. 46 Latvia 136 Million euro compare
  5. 48 Cyprus 102 Million euro compare
  6. 49 Malta 86.78 Million euro compare

See the full ranking of 56 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is berd by nace rev. 2 activity and source of funds in Latvia?
Berd by nace rev. 2 activity and source of funds in Latvia was 136 Million euro in 2024, according to Eurostat.
What is the highest berd by nace rev. 2 activity and source of funds recorded in Latvia?
The highest recorded value was 136 Million euro in 2024.
What is the lowest berd by nace rev. 2 activity and source of funds recorded in Latvia?
The lowest recorded value was 27 Million euro in 2016.
How does Latvia rank for berd by nace rev. 2 activity and source of funds?
Latvia ranks 46th out of 52 countries with data for 2024.
Is berd by nace rev. 2 activity and source of funds rising or falling in Latvia?
Over the last ten years it is up 135.3%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of BERD by NACE Rev. 2 activity and source of funds. Statizoid updates them automatically from the source API.

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BERD by NACE Rev. 2 activity and source of funds in Latvia. Statizoid, drawing on Eurostat. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/berd-by-nace-rev-2-activity-and-source-of-funds/latvia-2/

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About this data

Indicator
BERD by NACE Rev. 2 activity and source of funds
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,040 data points, 2005–2024
Last refreshed