Domestic value added in final use by final producer industry in Latvia

Latvia: Domestic value added in final use by final producer industry was 35.17 million Thousand euro in 2024. ▲ Rising

Latest (2024)
35.17 million Thousand euro
Change on year
up 1.1%
World rank
30th
of 35 countries
All-time high
35.17 million Thousand euro
in 2024
All-time low
15.59 million Thousand euro
in 2010
Years of data
15
2010–2024

Domestic value added in final use by final producer industry in Latvia, 2010–2024

010.0M20.0M30.0M40.0M2010201720242010: 15.6M Thousand euro2011: 16.8M Thousand euro2012: 18.7M Thousand euro2013: 19.3M Thousand euro2014: 20.0M Thousand euro2015: 20.8M Thousand euro2016: 21.3M Thousand euro2017: 22.6M Thousand euro2018: 24.3M Thousand euro2019: 25.6M Thousand euro2020: 25.4M Thousand euro2021: 28.1M Thousand euro2022: 31.5M Thousand euro2023: 34.8M Thousand euro2024: 35.2M Thousand euro

Source: Eurostat. Measured in Thousand euro.

Analysis

Latvia recorded 35.17 million Thousand euro for domestic value added in final use by final producer industry in 2024. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 1.1% on the previous year and up 76.3% over ten years.

Over the whole period, domestic value added in final use by final producer industry in Latvia peaked at 35.17 million Thousand euro in 2024 and was at its lowest, 15.59 million Thousand euro, in 2010.

That places Latvia 30th out of 35 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Domestic value added in final use by final producer industry in Latvia, year by year

Annual values for Domestic value added in final use by final producer industry (FIGARO application) in Latvia, 2010 to 2024.
Year Thousand euro Change
2010 15.59 million Thousand euro —
2011 16.76 million Thousand euro +7.5%
2012 18.72 million Thousand euro +11.7%
2013 19.26 million Thousand euro +2.9%
2014 19.95 million Thousand euro +3.6%
2015 20.77 million Thousand euro +4.1%
2016 21.28 million Thousand euro +2.5%
2017 22.59 million Thousand euro +6.2%
2018 24.29 million Thousand euro +7.5%
2019 25.59 million Thousand euro +5.4%
2020 25.37 million Thousand euro -0.9%
2021 28.06 million Thousand euro +10.6%
2022 31.52 million Thousand euro +12.3%
2023 34.79 million Thousand euro +10.4%
2024 35.17 million Thousand euro +1.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20.48 million Thousand euro 15.59 million Thousand euro 25.59 million Thousand euro 10
2020s 30.98 million Thousand euro 25.37 million Thousand euro 35.17 million Thousand euro 5

Countries ranked near Latvia

  1. 28 Slovenia 59.69 million Thousand euro compare
  2. 28 Slovenia 59.69 million Thousand euro compare
  3. 30 Latvia 35.17 million Thousand euro compare
  4. 32 Estonia 34.91 million Thousand euro compare
  5. 32 Estonia 34.91 million Thousand euro compare

See the full ranking of 36 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is domestic value added in final use by final producer industry in Latvia?
Domestic value added in final use by final producer industry in Latvia was 35.17 million Thousand euro in 2024, according to Eurostat.
What is the highest domestic value added in final use by final producer industry recorded in Latvia?
The highest recorded value was 35.17 million Thousand euro in 2024.
What is the lowest domestic value added in final use by final producer industry recorded in Latvia?
The lowest recorded value was 15.59 million Thousand euro in 2010.
How does Latvia rank for domestic value added in final use by final producer industry?
Latvia ranks 30th out of 35 countries with data for 2024.
Is domestic value added in final use by final producer industry rising or falling in Latvia?
Over the last ten years it is up 76.3%. 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 final use by final producer industry (FIGARO application). Statizoid updates them automatically from the source API.

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Domestic value added in final use by final producer industry in Latvia. Statizoid, drawing on Eurostat. Retrieved 03 October 2026, from https://reference.statizoid.com/stat/domestic-value-added-in-final-use-by-final-producer-industry-figaro-application/latvia-2/

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About this data

Indicator
Domestic value added in final use by final producer industry (FIGARO application)
Unit
Thousand euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
36 places, 540 data points, 2010–2024
Last refreshed