Small scale industries share in Latvia

Latvia: Small scale industries share was 12.52 in 2023. ▬ Flat

Latest (2023)
12.52
Change on year
up 18.7%
World rank
18th
of 57 countries
All-time high
12.52
in 2023
All-time low
9.73
in 2011
Years of data
19
2005–2023

Small scale industries share in Latvia, 2005–2023

0510152005201420232005: 10.22006: 11.42007: 122008: 12.42009: 12.12010: 11.82011: 9.72012: 10.82013: 11.92014: 10.82015: 11.22016: 11.52017: 11.22018: 11.92019: 11.32020: 11.62021: 10.32022: 10.62023: 12.5

Source: Our World in Data.

Analysis

Latvia recorded 12.52 for small scale industries share in 2023. That is the highest value across all 19 years on record.

The figure is up 18.7% on the previous year and up 5.2% over ten years.

Over the whole period, small scale industries share in Latvia peaked at 12.52 in 2023 and was at its lowest, 9.73, in 2011.

That places Latvia 18th out of 57 countries with data for 2023, putting it in the middle of the range.

Small scale industries share in Latvia, year by year

Annual values for Small scale industries share in Latvia, 2005 to 2023.
Year Value Change
2005 10.19 —
2006 11.43 +12.2%
2007 12.03 +5.2%
2008 12.4 +3.1%
2009 12.13 -2.2%
2010 11.82 -2.6%
2011 9.73 -17.7%
2012 10.78 +10.8%
2013 11.9 +10.4%
2014 10.79 -9.3%
2015 11.19 +3.7%
2016 11.46 +2.4%
2017 11.2 -2.3%
2018 11.86 +5.9%
2019 11.34 -4.4%
2020 11.64 +2.6%
2021 10.32 -11.3%
2022 10.55 +2.2%
2023 12.52 +18.7%

Latvia compared with similar countries

  • Latvia's 12.52 is above the median for high income countries, which is 10.22, 1.2× the median. (39 countries reporting)
  • Latvia's 12.52 is above the median for Europe & Central Asia, which is 10.55, 1.2× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.64 10.19 12.4 5
2010s 11.21 9.73 11.9 10
2020s 11.26 10.32 12.52 4

Countries ranked near Latvia

  1. 15 Spain 13.5 compare
  2. 16 North Macedonia 12.97 compare
  3. 17 Albania 12.7 compare
  4. 19 Netherlands 12.43 compare
  5. 20 Bosnia and Herzegovina 12.25 compare
  6. 20 Iceland 12.25 compare

See the full ranking of 57 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is small scale industries share in Latvia?
Small scale industries share in Latvia was 12.52 in 2023, according to Our World in Data.
What is the highest small scale industries share recorded in Latvia?
The highest recorded value was 12.52 in 2023.
What is the lowest small scale industries share recorded in Latvia?
The lowest recorded value was 9.73 in 2011.
How does Latvia rank for small scale industries share?
Latvia ranks 18th out of 57 countries with data for 2023.
Is small scale industries share rising or falling in Latvia?
Over the last ten years it is up 5.2%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from Our World in Data, published as part of Small scale industries share. Statizoid updates them automatically from the source API.

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Small scale industries share in Latvia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/small-scale-industries-share/latvia/

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About this data

Indicator
Small scale industries share
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
57 places, 804 data points, 2004–2024
Last refreshed