Private investment and gross added value related to circular economy in Latvia

Latvia: Private investment and gross added value related to circular economy was 234 Million euro in 2023. ▲ Rising

Latest (2023)
234 Million euro
Change on year
up 2.2%
World rank
31st
of 37 countries
All-time high
349 Million euro
in 2019
All-time low
122 Million euro
in 2011
Years of data
19
2005–2023

Private investment and gross added value related to circular economy in Latvia, 2005–2023

1001502002503003502005201420232005: 161 Million euro2006: 173 Million euro2007: 206 Million euro2008: 346 Million euro2009: 166 Million euro2010: 124 Million euro2011: 122 Million euro2012: 183 Million euro2013: 173 Million euro2014: 186 Million euro2015: 173 Million euro2016: 125 Million euro2017: 189 Million euro2018: 241 Million euro2019: 349 Million euro2020: 215 Million euro2021: 205 Million euro2022: 229 Million euro2023: 234 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2023, private investment and gross added value related to circular economy in Latvia stood at 234 Million euro.

That represents a change of up 2.2% on the previous year and up 35.3% over ten years.

Over the whole period, private investment and gross added value related to circular economy in Latvia peaked at 349 Million euro in 2019 and was at its lowest, 122 Million euro, in 2011.

That places Latvia 31st out of 37 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Private investment and gross added value related to circular economy in Latvia, year by year

Annual values for Private investment and gross added value related to circular economy sectors in Latvia, 2005 to 2023.
Year Million euro Change
2005 161 Million euro
2006 173 Million euro +7.5%
2007 206 Million euro +19.1%
2008 346 Million euro +68.0%
2009 166 Million euro -52.0%
2010 124 Million euro -25.3%
2011 122 Million euro -1.6%
2012 183 Million euro +50.0%
2013 173 Million euro -5.5%
2014 186 Million euro +7.5%
2015 173 Million euro -7.0%
2016 125 Million euro -27.7%
2017 189 Million euro +51.2%
2018 241 Million euro +27.5%
2019 349 Million euro +44.8%
2020 215 Million euro -38.4%
2021 205 Million euro -4.7%
2022 229 Million euro +11.7%
2023 234 Million euro +2.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 210.4 Million euro 161 Million euro 346 Million euro 5
2010s 186.5 Million euro 122 Million euro 349 Million euro 10
2020s 220.75 Million euro 205 Million euro 234 Million euro 4

Countries ranked near Latvia

  1. 29 Estonia 256 Million euro compare
  2. 29 Estonia 256 Million euro compare
  3. 31 Latvia 234 Million euro compare
  4. 33 Greece 174 Million euro compare
  5. 34 Slovenia 127 Million euro compare
  6. 34 Slovenia 127 Million euro compare

See the full ranking of 38 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is private investment and gross added value related to circular economy in Latvia?
Private investment and gross added value related to circular economy in Latvia was 234 Million euro in 2023, according to Eurostat.
What is the highest private investment and gross added value related to circular economy recorded in Latvia?
The highest recorded value was 349 Million euro in 2019.
What is the lowest private investment and gross added value related to circular economy recorded in Latvia?
The lowest recorded value was 122 Million euro in 2011.
How does Latvia rank for private investment and gross added value related to circular economy?
Latvia ranks 31st out of 37 countries with data for 2023.
Is private investment and gross added value related to circular economy rising or falling in Latvia?
Over the last ten years it is up 35.3%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Private investment and gross added value related to circular economy sectors. Statizoid updates them automatically from the source API.

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Private investment and gross added value related to circular economy in Latvia. Statizoid, drawing on Eurostat. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/private-investment-and-gross-added-value-related-to-circular-economy-sectors/latvia-2/

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About this data

Indicator
Private investment and gross added value related to circular economy sectors
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 722 data points, 2005–2023
Last refreshed