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
31st
of 35 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
Source: Eurostat. Measured in Percentage of EU gross exports.
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 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% |
Latvia compared with similar countries
- Latvia's 28.6% is below the median for Europe & Central Asia, which is 34.1%, 84% of the median. (26 countries reporting)
- Latvia's 28.6% is below the median for high income countries, which is 34.5%, 83% of the median. (27 countries reporting)
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
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
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).