Domestic value added in foreign final use by industry of origin in Latvia

Latvia: Domestic value added in foreign final use by industry of origin was 11.64 million Thousand euro in 2024. ▲ Rising

Latest (2024)
11.64 million Thousand euro
Change on year
down 0.5%
World rank
32nd
of 35 countries
All-time high
11.70 million Thousand euro
in 2023
All-time low
5.00 million Thousand euro
in 2010
Years of data
15
2010–2024

Domestic value added in foreign final use by industry of origin in Latvia, 2010–2024

02.5M5.0M7.5M10.0M12.5M2010201720242010: 5.0M Thousand euro2011: 5.6M Thousand euro2012: 6.4M Thousand euro2013: 6.5M Thousand euro2014: 6.7M Thousand euro2015: 7.0M Thousand euro2016: 7.3M Thousand euro2017: 7.8M Thousand euro2018: 8.3M Thousand euro2019: 8.6M Thousand euro2020: 8.6M Thousand euro2021: 9.7M Thousand euro2022: 11.4M Thousand euro2023: 11.7M Thousand euro2024: 11.6M Thousand euro

Source: Eurostat. Measured in Thousand euro.

Analysis

The most recent figure for domestic value added in foreign final use by industry of origin in Latvia is 11.64 million Thousand euro, measured in 2024.

That represents a change of down 0.5% on the previous year and up 72.5% over ten years.

Over the whole period, domestic value added in foreign final use by industry of origin in Latvia peaked at 11.70 million Thousand euro in 2023 and was at its lowest, 5.00 million Thousand euro, in 2010.

Latvia ranks 32nd of 35 countries on this measure, in the bottom quarter.

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

Domestic value added in foreign final use by industry of origin in Latvia, year by year

Annual values for Domestic value added in foreign final use by industry of origin (FIGARO application) in Latvia, 2010 to 2024.
Year Thousand euro Change
2010 5.00 million Thousand euro
2011 5.60 million Thousand euro +12.0%
2012 6.38 million Thousand euro +14.1%
2013 6.46 million Thousand euro +1.1%
2014 6.75 million Thousand euro +4.6%
2015 7.04 million Thousand euro +4.4%
2016 7.27 million Thousand euro +3.2%
2017 7.84 million Thousand euro +7.8%
2018 8.33 million Thousand euro +6.3%
2019 8.57 million Thousand euro +2.8%
2020 8.56 million Thousand euro -0.1%
2021 9.68 million Thousand euro +13.0%
2022 11.43 million Thousand euro +18.2%
2023 11.70 million Thousand euro +2.4%
2024 11.64 million Thousand euro -0.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.92 million Thousand euro 5.00 million Thousand euro 8.57 million Thousand euro 10
2020s 10.60 million Thousand euro 8.56 million Thousand euro 11.70 million Thousand euro 5

Countries ranked near Latvia

  1. 30 Estonia 12.64 million Thousand euro compare
  2. 30 Estonia 12.64 million Thousand euro compare
  3. 32 Latvia 11.64 million Thousand euro compare
  4. 34 Cyprus 11.38 million Thousand euro compare
  5. 35 Malta 9.69 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 foreign final use by industry of origin in Latvia?
Domestic value added in foreign final use by industry of origin in Latvia was 11.64 million Thousand euro in 2024, according to Eurostat.
What is the highest domestic value added in foreign final use by industry of origin recorded in Latvia?
The highest recorded value was 11.70 million Thousand euro in 2023.
What is the lowest domestic value added in foreign final use by industry of origin recorded in Latvia?
The lowest recorded value was 5.00 million Thousand euro in 2010.
How does Latvia rank for domestic value added in foreign final use by industry of origin?
Latvia ranks 32nd out of 35 countries with data for 2024.
Is domestic value added in foreign final use by industry of origin rising or falling in Latvia?
Over the last ten years it is up 72.5%. 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 foreign final use by industry of origin (FIGARO application). Statizoid updates them automatically from the source API.

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Domestic value added in foreign final use by industry of origin in Latvia. Statizoid, drawing on Eurostat. Retrieved 01 September 2026, from https://reference.statizoid.com/stat/domestic-value-added-in-foreign-final-use-by-industry-of-origin-figaro-application/latvia-2/

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About this data

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