Global value chain participation - EU perspective in Latvia

Latvia: Global value chain participation - EU perspective was 28.6 in 2024. ▼ Falling

Latest (2024)
28.6
Change on year
down 0.3%
World rank
25th
of 27 countries
All-time high
35.5
in 2011
All-time low
27.7
in 2020
Years of data
15
2010–2024

Global value chain participation - EU perspective in Latvia, 2010–2024

0102030402010201720242010: 342011: 35.52012: 34.92013: 342014: 32.82015: 32.12016: 30.62017: 312018: 31.82019: 30.42020: 27.72021: 29.92022: 31.62023: 28.72024: 28.6

Source: Eurostat.

Analysis

In 2024, global value chain participation - eu perspective in Latvia stood at 28.6.

The figure is 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 25th of 27 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2010s 32.71 30.4 35.5 10
2020s 29.3 27.7 31.6 5

Countries ranked near Latvia

  1. 22 Poland 32 compare
  2. 23 Spain 31.7 compare
  3. 24 Germany 29.2 compare
  4. 26 Romania 28.2 compare
  5. 27 Croatia 27.7 compare

See the full ranking of 28 places →

More reference data data for Latvia

All data for Latvia →

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 25th out of 27 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.

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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Global value chain participation - EU perspective (FIGARO application)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
28 places, 420 data points, 2010–2024
Last refreshed