Global value chain participation - EU perspective in Latvia
Latvia: Global value chain participation - EU perspective was 28.6% in 2024. ▼ Falling
Global value chain participation - EU perspective in Latvia, 2010–2024
Source: Eurostat. Measured in Percentage of EU gross exports.
Analysis
Latvia recorded 28.6% for global value chain participation - eu perspective in 2024.
That represents a change of down 0.3% on the previous year and down 12.8% over ten years.
Over the whole period, global value chain participation - eu perspective in Latvia peaked at 35.5% in 2011 and was at its lowest, 27.7%, in 2020.
Latvia ranks 31st of 35 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Global value chain participation - EU perspective in Latvia, year by year
| Year | Percentage of EU gross exports | Change |
|---|---|---|
| 2010 | 34.0% | — |
| 2011 | 35.5% | +4.4% |
| 2012 | 34.9% | -1.7% |
| 2013 | 34.0% | -2.6% |
| 2014 | 32.8% | -3.5% |
| 2015 | 32.1% | -2.1% |
| 2016 | 30.6% | -4.7% |
| 2017 | 31.0% | +1.3% |
| 2018 | 31.8% | +2.6% |
| 2019 | 30.4% | -4.4% |
| 2020 | 27.7% | -8.9% |
| 2021 | 29.9% | +7.9% |
| 2022 | 31.6% | +5.7% |
| 2023 | 28.7% | -9.2% |
| 2024 | 28.6% | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.7% | 30.4% | 35.5% | 10 |
| 2020s | 29.3% | 27.7% | 31.6% | 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 perspective in Latvia?
- Global value chain participation - eu perspective in Latvia was 28.6% in 2024, according to Eurostat.
- What is the highest global value chain participation - eu perspective recorded in Latvia?
- The highest recorded value was 35.5% in 2011.
- What is the lowest global value chain participation - eu perspective recorded in Latvia?
- The lowest recorded value was 27.7% in 2020.
- How does Latvia rank for global value chain participation - eu perspective?
- Latvia ranks 31st out of 35 countries with data for 2024.
- Is global value chain participation - eu perspective rising or falling in Latvia?
- Over the last ten years it is down 12.8%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Global value chain participation - EU perspective (FIGARO application). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Eurostat).