Gross domestic expenditure on R&D by sector of performance and type in Latvia
Latvia: Gross domestic expenditure on R&D by sector of performance and type was 550.57 US dollars, PPP converted in 2023. ◆ Volatile
Latest (2023)
550.57 US dollars, PPP converted
Change on year
down 0.1%
World rank
13th
of 13 countries
All-time high
550.95 US dollars, PPP converted
in 2022
All-time low
103.15 US dollars, PPP converted
in 1994
Years of data
32
1992–2023
Gross domestic expenditure on R&D by sector of performance and type in Latvia, 1992–2023
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.
Analysis
In 2023, gross domestic expenditure on r&d by sector of performance and type in Latvia stood at 550.57 US dollars, PPP converted.
The figure is down 0.1% on the previous year and up 58.6% over ten years.
Over the whole period, gross domestic expenditure on r&d by sector of performance and type in Latvia peaked at 550.95 US dollars, PPP converted in 2022 and was at its lowest, 103.15 US dollars, PPP converted, in 1994.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic expenditure on R&D by sector of performance and type in Latvia, year by year
| Year | US dollars, PPP converted | Change |
|---|---|---|
| 1992 | 147.16 US dollars, PPP converted | — |
| 1993 | 115.87 US dollars, PPP converted | -21.3% |
| 1994 | 103.15 US dollars, PPP converted | -11.0% |
| 1995 | 113.38 US dollars, PPP converted | +9.9% |
| 1996 | 106.48 US dollars, PPP converted | -6.1% |
| 1997 | 107.05 US dollars, PPP converted | +0.5% |
| 1998 | 118.03 US dollars, PPP converted | +10.3% |
| 1999 | 112.71 US dollars, PPP converted | -4.5% |
| 2000 | 146.98 US dollars, PPP converted | +30.4% |
| 2001 | 144.25 US dollars, PPP converted | -1.9% |
| 2002 | 159.46 US dollars, PPP converted | +10.5% |
| 2003 | 154.1 US dollars, PPP converted | -3.4% |
| 2004 | 185.26 US dollars, PPP converted | +20.2% |
| 2005 | 273.23 US dollars, PPP converted | +47.5% |
| 2006 | 383.02 US dollars, PPP converted | +40.2% |
| 2007 | 360.25 US dollars, PPP converted | -5.9% |
| 2008 | 362.76 US dollars, PPP converted | +0.7% |
| 2009 | 231.66 US dollars, PPP converted | -36.1% |
| 2010 | 299.25 US dollars, PPP converted | +29.2% |
| 2011 | 368.93 US dollars, PPP converted | +23.3% |
| 2012 | 368.6 US dollars, PPP converted | -0.1% |
| 2013 | 347.11 US dollars, PPP converted | -5.8% |
| 2014 | 398.43 US dollars, PPP converted | +14.8% |
| 2015 | 371.05 US dollars, PPP converted | -6.9% |
| 2016 | 267.52 US dollars, PPP converted | -27.9% |
| 2017 | 325.35 US dollars, PPP converted | +21.6% |
| 2018 | 423.46 US dollars, PPP converted | +30.2% |
| 2019 | 425.56 US dollars, PPP converted | +0.5% |
| 2020 | 470.8 US dollars, PPP converted | +10.6% |
| 2021 | 512.95 US dollars, PPP converted | +9.0% |
| 2022 | 550.95 US dollars, PPP converted | +7.4% |
| 2023 | 550.57 US dollars, PPP converted | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 115.48 US dollars, PPP converted | 103.15 US dollars, PPP converted | 147.16 US dollars, PPP converted | 8 |
| 2000s | 240.1 US dollars, PPP converted | 144.25 US dollars, PPP converted | 383.02 US dollars, PPP converted | 10 |
| 2010s | 359.53 US dollars, PPP converted | 267.52 US dollars, PPP converted | 425.56 US dollars, PPP converted | 10 |
| 2020s | 521.32 US dollars, PPP converted | 470.8 US dollars, PPP converted | 550.95 US dollars, PPP converted | 4 |
Countries ranked near Latvia
- 10 Australia 26,905 US dollars, PPP converted compare
- 10 Croatia 1,996 US dollars, PPP converted compare
- 11 Belgium 23,563 US dollars, PPP converted compare
- 11 Lithuania 1,328 US dollars, PPP converted compare
- 12 Estonia 1,030 US dollars, PPP converted compare
- 12 Sweden 22,720 US dollars, PPP converted compare
- 13 Switzerland 22,104 US dollars, PPP converted compare
- 14 Austria 18,446 US dollars, PPP converted compare
- 15 Singapore 13,603 US dollars, PPP converted compare
- 16 Denmark 12,265 US dollars, PPP converted compare
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 41.31 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 4.99 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 gross domestic expenditure on r&d by sector of performance and type in Latvia?
- Gross domestic expenditure on r&d by sector of performance and type in Latvia was 550.57 US dollars, PPP converted in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest gross domestic expenditure on r&d by sector of performance and type recorded in Latvia?
- The highest recorded value was 550.95 US dollars, PPP converted in 2022.
- What is the lowest gross domestic expenditure on r&d by sector of performance and type recorded in Latvia?
- The lowest recorded value was 103.15 US dollars, PPP converted in 1994.
- How does Latvia rank for gross domestic expenditure on r&d by sector of performance and type?
- Latvia ranks 13th out of 13 countries with data for 2023.
- Is gross domestic expenditure on r&d by sector of performance and type rising or falling in Latvia?
- Over the last ten years it is up 58.6%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Gross domestic expenditure on R&D by sector of performance and type of expenditure — Gross Domestic Expenditure on R&D (GERD). Statizoid updates them automatically from the source API.
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About this data
This table presents research and development (R&D) expenditure statistics. Data include gross domestic R&D expenditure by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by type of expenditure (current expenditure, capital expenditure and their respective breakdowns).