Global value chain participation - EU country perspective in Latvia
Latvia: Global value chain participation - EU country perspective was 51.1% in 2024. ▬ Flat
Latest (2024)
51.1%
Change on year
unchanged
World rank
24th
of 35 countries
All-time high
53.4%
in 2022
All-time low
47.4%
in 2010
Years of data
15
2010–2024
Global value chain participation - EU country perspective in Latvia, 2010–2024
Source: Eurostat. Measured in Percentage of total gross exports.
Analysis
The most recent figure for global value chain participation - eu country perspective in Latvia is 51.1%, measured in 2024.
The figure is up 4.1% over ten years.
Over the whole period, global value chain participation - eu country perspective in Latvia peaked at 53.4% in 2022 and was at its lowest, 47.4%, in 2010.
That places Latvia 24th out of 35 countries with data for 2024, putting it in the middle of the range.
Global value chain participation - EU country perspective in Latvia, year by year
| Year | Percentage of total gross exports | Change |
|---|---|---|
| 2010 | 47.4% | — |
| 2011 | 50.0% | +5.5% |
| 2012 | 50.3% | +0.6% |
| 2013 | 49.9% | -0.8% |
| 2014 | 49.1% | -1.6% |
| 2015 | 48.4% | -1.4% |
| 2016 | 47.6% | -1.7% |
| 2017 | 48.4% | +1.7% |
| 2018 | 49.0% | +1.2% |
| 2019 | 47.9% | -2.2% |
| 2020 | 47.6% | -0.6% |
| 2021 | 50.6% | +6.3% |
| 2022 | 53.4% | +5.5% |
| 2023 | 51.1% | -4.3% |
| 2024 | 51.1% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 48.8% | 47.4% | 50.3% | 10 |
| 2020s | 50.8% | 47.6% | 53.4% | 5 |
Countries ranked near Latvia
More reference data data for Latvia
- Cooling and heating degree days by NUTS 2 regions - annual data 4.98 % change on previous year (2025)
- Cooling and heating degree days by NUTS 2 regions - monthly data -2.4 % change on previous year (2025)
- 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 19.46 Percentage of GDP (2022)
- 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 41.31 Percentage of GDP (2022)
Frequently asked questions
- What is global value chain participation - eu country perspective in Latvia?
- Global value chain participation - eu country perspective in Latvia was 51.1% in 2024, according to Eurostat.
- What is the highest global value chain participation - eu country perspective recorded in Latvia?
- The highest recorded value was 53.4% in 2022.
- What is the lowest global value chain participation - eu country perspective recorded in Latvia?
- The lowest recorded value was 47.4% in 2010.
- How does Latvia rank for global value chain participation - eu country perspective?
- Latvia ranks 24th out of 35 countries with data for 2024.
- Is global value chain participation - eu country perspective rising or falling in Latvia?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is flat.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Global value chain participation - EU country perspective (FIGARO application). Statizoid updates them automatically from the source API.
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