Production in services - annual data in Latvia

Latvia: Production in services - annual data was 107 Index, 2021=100 in 2025. ▲ Rising

Latest (2025)
107 Index, 2021=100
Change on year
up 3.3%
World rank
23rd
of 32 countries
All-time high
107.6 Index, 2021=100
in 2022
All-time low
85.1 Index, 2021=100
in 2015
Years of data
11
2015–2025

Production in services - annual data in Latvia, 2015–2025

02550751002015202020252015: 85.1 Index, 2021=1002016: 87.8 Index, 2021=1002017: 94 Index, 2021=1002018: 100.2 Index, 2021=1002019: 102.7 Index, 2021=1002020: 94.3 Index, 2021=1002021: 100 Index, 2021=1002022: 107.6 Index, 2021=1002023: 106.1 Index, 2021=1002024: 103.6 Index, 2021=1002025: 107 Index, 2021=100

Source: Eurostat. Measured in Index, 2021=100.

Analysis

Latvia recorded 107 Index, 2021=100 for production in services - annual data in 2025.

That represents a change of up 3.3% on the previous year and up 25.7% over ten years.

Over the whole period, production in services - annual data in Latvia peaked at 107.6 Index, 2021=100 in 2022 and was at its lowest, 85.1 Index, 2021=100, in 2015.

That places Latvia 23rd out of 32 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 11 years of available data.

Production in services - annual data in Latvia, year by year

Annual values for Production in services - annual data in Latvia, 2015 to 2025.
Year Index, 2021=100 Change
2015 85.1 Index, 2021=100 —
2016 87.8 Index, 2021=100 +3.2%
2017 94 Index, 2021=100 +7.1%
2018 100.2 Index, 2021=100 +6.6%
2019 102.7 Index, 2021=100 +2.5%
2020 94.3 Index, 2021=100 -8.2%
2021 100 Index, 2021=100 +6.0%
2022 107.6 Index, 2021=100 +7.6%
2023 106.1 Index, 2021=100 -1.4%
2024 103.6 Index, 2021=100 -2.4%
2025 107 Index, 2021=100 +3.3%

Latvia compared with similar countries

  • Latvia's 107 Index, 2021=100 is below the median for Europe & Central Asia, which is 109.5 Index, 2021=100, 98% of the median. (23 countries reporting)
  • Latvia's 107 Index, 2021=100 is below the median for high income countries, which is 111.45 Index, 2021=100, 96% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 93.96 Index, 2021=100 85.1 Index, 2021=100 102.7 Index, 2021=100 5
2020s 103.1 Index, 2021=100 94.3 Index, 2021=100 107.6 Index, 2021=100 6

Countries ranked near Latvia

  1. 20 Germany 107.9 Index, 2021=100 compare
  2. 21 Italy 107.8 Index, 2021=100 compare
  3. 22 Denmark 107.3 Index, 2021=100 compare
  4. 23 Latvia 107 Index, 2021=100 compare
  5. 25 Hungary 106.8 Index, 2021=100 compare
  6. 26 Belgium 105.2 Index, 2021=100 compare
  7. 26 Finland 105.2 Index, 2021=100 compare

See the full ranking of 32 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is production in services - annual data in Latvia?
Production in services - annual data in Latvia was 107 Index, 2021=100 in 2025, according to Eurostat.
What is the highest production in services - annual data recorded in Latvia?
The highest recorded value was 107.6 Index, 2021=100 in 2022.
What is the lowest production in services - annual data recorded in Latvia?
The lowest recorded value was 85.1 Index, 2021=100 in 2015.
How does Latvia rank for production in services - annual data?
Latvia ranks 23rd out of 32 countries with data for 2025.
Is production in services - annual data rising or falling in Latvia?
Over the last ten years it is up 25.7%. 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 Production in services - annual data. Statizoid updates them automatically from the source API.

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Production in services - annual data in Latvia. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/production-in-services-annual-data/latvia/

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About this data

Indicator
Production in services - annual data
Unit
Index, 2021=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
32 places, 295 data points, 2006–2025
Last refreshed