Production in services - monthly data in Latvia

Latvia: Production in services - monthly data was 111.6 Index, 2021=100 in 2026. ▲ Rising

Latest (2026)
111.6 Index, 2021=100
Change on year
down 7.2%
World rank
23rd
of 32 countries
All-time high
120.9 Index, 2021=100
in 2022
All-time low
97.9 Index, 2021=100
in 2015
Years of data
12
2015–2026

Production in services - monthly data in Latvia, 2015–2026

02550751001252015202020262015: 97.9 Index, 2021=1002016: 99.9 Index, 2021=1002017: 108.1 Index, 2021=1002018: 114.6 Index, 2021=1002019: 111.8 Index, 2021=1002020: 106.4 Index, 2021=1002021: 119.8 Index, 2021=1002022: 120.9 Index, 2021=1002023: 118.4 Index, 2021=1002024: 113.1 Index, 2021=1002025: 120.3 Index, 2021=1002026: 111.6 Index, 2021=100

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

Analysis

In 2026, production in services - monthly data in Latvia stood at 111.6 Index, 2021=100.

The figure is down 7.2% on the previous year and up 11.7% over ten years.

Over the whole period, production in services - monthly data in Latvia peaked at 120.9 Index, 2021=100 in 2022 and was at its lowest, 97.9 Index, 2021=100, in 2015.

That places Latvia 23rd out of 32 countries with data for 2026, putting it in the middle of the range.

The long-run direction has been consistently rising across the 12 years of available data.

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

Annual values for Production in services - monthly data in Latvia, 2015 to 2026.
Year Index, 2021=100 Change
2015 97.9 Index, 2021=100 —
2016 99.9 Index, 2021=100 +2.0%
2017 108.1 Index, 2021=100 +8.2%
2018 114.6 Index, 2021=100 +6.0%
2019 111.8 Index, 2021=100 -2.4%
2020 106.4 Index, 2021=100 -4.8%
2021 119.8 Index, 2021=100 +12.6%
2022 120.9 Index, 2021=100 +0.9%
2023 118.4 Index, 2021=100 -2.1%
2024 113.1 Index, 2021=100 -4.5%
2025 120.3 Index, 2021=100 +6.4%
2026 111.6 Index, 2021=100 -7.2%

Latvia compared with similar countries

  • Latvia's 111.6 Index, 2021=100 is below the median for Europe & Central Asia, which is 115.2 Index, 2021=100, 97% of the median. (23 countries reporting)
  • Latvia's 111.6 Index, 2021=100 is below the median for high income countries, which is 116.35 Index, 2021=100, 96% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 106.46 Index, 2021=100 97.9 Index, 2021=100 114.6 Index, 2021=100 5
2020s 115.79 Index, 2021=100 106.4 Index, 2021=100 120.9 Index, 2021=100 7

Countries ranked near Latvia

  1. 20 Hungary 113.3 Index, 2021=100 compare
  2. 21 Denmark 112 Index, 2021=100 compare
  3. 22 Latvia 111.9 Index, 2021=100 compare
  4. 24 Germany 111.4 Index, 2021=100 compare
  5. 25 Italy 111.2 Index, 2021=100 compare
  6. 26 Slovakia 110.9 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 - monthly data in Latvia?
Production in services - monthly data in Latvia was 111.6 Index, 2021=100 in 2026, according to Eurostat.
What is the highest production in services - monthly data recorded in Latvia?
The highest recorded value was 120.9 Index, 2021=100 in 2022.
What is the lowest production in services - monthly data recorded in Latvia?
The lowest recorded value was 97.9 Index, 2021=100 in 2015.
How does Latvia rank for production in services - monthly data?
Latvia ranks 23rd out of 32 countries with data for 2026.
Is production in services - monthly data rising or falling in Latvia?
Over the last ten years it is up 11.7%. 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 - monthly data. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Production in services - monthly data
Unit
Index, 2021=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
32 places, 328 data points, 2005–2026
Last refreshed