Industrial Production, constant US$, seas. adj. in Latvia

Latvia: Industrial Production, constant US$, seas. adj. was 7.22 billion in 2025. ▲ Rising

Latest (2025)
7.22 billion
Change on year
up 3.8%
World rank
69th
of 89 countries
All-time high
7.55 billion
in 2022
All-time low
3.42 billion
in 1999
Years of data
27
1999–2025

Industrial Production, constant US$, seas. adj. in Latvia, 1999–2025

02.0B4.0B6.0B8.0B1999201220251999: 3.4B2000: 3.6B2001: 4.0B2002: 4.3B2003: 4.6B2004: 4.9B2005: 5.3B2006: 5.7B2007: 5.7B2008: 5.5B2009: 4.5B2010: 5.2B2011: 5.6B2012: 6.0B2013: 6.0B2014: 5.9B2015: 6.1B2016: 6.4B2017: 7.0B2018: 7.1B2019: 7.2B2020: 7.0B2021: 7.5B2022: 7.6B2023: 7.1B2024: 7.0B2025: 7.2B

Source: World Bank staff calculations based on Datastream data.

Analysis

Latvia recorded 7.22 billion for industrial production, constant us$, seas. adj. in 2025.

That represents a change of up 3.8% on the previous year and up 18.1% over ten years.

Over the whole period, industrial production, constant us$, seas. adj. in Latvia peaked at 7.55 billion in 2022 and was at its lowest, 3.42 billion, in 1999.

That places Latvia 69th out of 89 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 27 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.42 billion 3.42 billion 3.42 billion 1
2000s 4.83 billion 3.62 billion 5.74 billion 10
2010s 6.25 billion 5.18 billion 7.16 billion 10
2020s 7.23 billion 6.96 billion 7.55 billion 6

Countries ranked near Latvia

  1. 66 Uganda 11.35 billion compare
  2. 67 Estonia 8.37 billion compare
  3. 68 Mongolia 7.68 billion compare
  4. 70 Iceland 6.85 billion compare
  5. 71 Jordan 6.04 billion compare
  6. 72 Honduras 5.89 billion compare

See the full ranking of 99 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is industrial production, constant us$, seas. adj. in Latvia?
Industrial production, constant us$, seas. adj. in Latvia was 7.22 billion in 2025, according to World Bank staff calculations based on Datastream data.
What is the highest industrial production, constant us$, seas. adj. recorded in Latvia?
The highest recorded value was 7.55 billion in 2022.
What is the lowest industrial production, constant us$, seas. adj. recorded in Latvia?
The lowest recorded value was 3.42 billion in 1999.
How does Latvia rank for industrial production, constant us$, seas. adj.?
Latvia ranks 69th out of 89 countries with data for 2025.
Is industrial production, constant us$, seas. adj. rising or falling in Latvia?
Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from World Bank staff calculations based on Datastream data, published as part of Industrial Production, constant US$, seas. adj.. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Industrial Production, constant US$, seas. adj.
Source
World Bank staff calculations based on Datastream data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
99 places, 2,694 data points, 1991–2025
Last refreshed

An economic indicator that measures changes in output for the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Data is in constant US$, seasonally adjusted. The base year is 2005.