BERD by NACE Rev. 2 activity and type of expenditure in Latvia

Latvia: BERD by NACE Rev. 2 activity and type of expenditure was 136 in 2024. ◆ Volatile

Latest (2024)
136
Change on year
up 15.1%
World rank
35th
of 40 countries
All-time high
136
in 2024
All-time low
27
in 2016
Years of data
20
2005–2024

BERD by NACE Rev. 2 activity and type of expenditure in Latvia, 2005–2024

2550751001252005201420242005: 29.62006: 56.62007: 40.92008: 35.42009: 30.92010: 40.22011: 39.12012: 33.12013: 39.52014: 57.82015: 37.62016: 272017: 37.52018: 46.32019: 51.32020: 77.32021: 92.82022: 105.92023: 118.12024: 136

Source: Eurostat.

Analysis

Latvia recorded 136 for berd by nace rev. 2 activity and type of expenditure in 2024. That is the highest value across all 20 years on record.

That represents a change of 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 type of expenditure in Latvia peaked at 136 in 2024 and was at its lowest, 27, in 2016.

Latvia ranks 35th of 40 countries on this measure, in the bottom quarter.

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

Averages by decade

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

Countries ranked near Latvia

  1. 32 Luxembourg 386.33 compare
  2. 33 Serbia 356.12 compare
  3. 34 Lithuania 335.92 compare
  4. 36 Cyprus 102 compare
  5. 37 Malta 86.78 compare
  6. 38 North Macedonia 14.86 compare

See the full ranking of 44 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is berd by nace rev. 2 activity and type of expenditure in Latvia?
Berd by nace rev. 2 activity and type of expenditure in Latvia was 136 in 2024, according to Eurostat.
What is the highest berd by nace rev. 2 activity and type of expenditure recorded in Latvia?
The highest recorded value was 136 in 2024.
What is the lowest berd by nace rev. 2 activity and type of expenditure recorded in Latvia?
The lowest recorded value was 27 in 2016.
How does Latvia rank for berd by nace rev. 2 activity and type of expenditure?
Latvia ranks 35th out of 40 countries with data for 2024.
Is berd by nace rev. 2 activity and type of expenditure 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 type of expenditure. Statizoid updates them automatically from the source API.

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About this data

Indicator
BERD by NACE Rev. 2 activity and type of expenditure
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
44 places, 813 data points, 2005–2024
Last refreshed