Foreign value added in domestic final use by industry of origin in Latvia
Latvia: Foreign value added in domestic final use by industry of origin was 12.62 million Thousand euro in 2024. ▲ Rising
Latest (2024)
12.62 million Thousand euro
Change on year
down 5.7%
World rank
32nd
of 35 countries
All-time high
13.50 million Thousand euro
in 2022
All-time low
5.49 million Thousand euro
in 2010
Years of data
15
2010–2024
Foreign value added in domestic final use by industry of origin in Latvia, 2010–2024
Source: Eurostat. Measured in Thousand euro.
Analysis
In 2024, foreign value added in domestic final use by industry of origin in Latvia stood at 12.62 million Thousand euro.
That represents a change of down 5.7% on the previous year and up 61.9% over ten years.
Over the whole period, foreign value added in domestic final use by industry of origin in Latvia peaked at 13.50 million Thousand euro in 2022 and was at its lowest, 5.49 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.
Foreign value added in domestic final use by industry of origin in Latvia, year by year
| Year | Thousand euro | Change |
|---|---|---|
| 2010 | 5.49 million Thousand euro | — |
| 2011 | 6.91 million Thousand euro | +25.8% |
| 2012 | 7.76 million Thousand euro | +12.3% |
| 2013 | 7.70 million Thousand euro | -0.7% |
| 2014 | 7.79 million Thousand euro | +1.2% |
| 2015 | 7.79 million Thousand euro | -0.0% |
| 2016 | 7.58 million Thousand euro | -2.7% |
| 2017 | 8.41 million Thousand euro | +10.9% |
| 2018 | 8.99 million Thousand euro | +7.0% |
| 2019 | 9.14 million Thousand euro | +1.6% |
| 2020 | 8.58 million Thousand euro | -6.1% |
| 2021 | 10.91 million Thousand euro | +27.2% |
| 2022 | 13.50 million Thousand euro | +23.7% |
| 2023 | 13.38 million Thousand euro | -0.9% |
| 2024 | 12.62 million Thousand euro | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.75 million Thousand euro | 5.49 million Thousand euro | 9.14 million Thousand euro | 10 |
| 2020s | 11.80 million Thousand euro | 8.58 million Thousand euro | 13.50 million Thousand euro | 5 |
Countries ranked near Latvia
More reference data data for Latvia
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 2 regions - monthly data 505.67 Number (2025)
- Cooling and heating degree days by NUTS 2 regions - annual data 3,617 Number (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.15 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.71 Percentage of GDP (2022)
Frequently asked questions
- What is foreign value added in domestic final use by industry of origin in Latvia?
- Foreign value added in domestic final use by industry of origin in Latvia was 12.62 million Thousand euro in 2024, according to Eurostat.
- What is the highest foreign value added in domestic final use by industry of origin recorded in Latvia?
- The highest recorded value was 13.50 million Thousand euro in 2022.
- What is the lowest foreign value added in domestic final use by industry of origin recorded in Latvia?
- The lowest recorded value was 5.49 million Thousand euro in 2010.
- How does Latvia rank for foreign value added in domestic final use by industry of origin?
- Latvia ranks 32nd out of 35 countries with data for 2024.
- Is foreign value added in domestic final use by industry of origin rising or falling in Latvia?
- Over the last ten years it is up 61.9%. 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 Foreign value added in domestic final use by industry of origin (FIGARO application). Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Eurostat).