Share of small-scale manufacturing in total manufacturing in Latvia

Latvia: Share of small-scale manufacturing in total manufacturing was 12.5% in 2023. ▬ Flat

Latest (2023)
12.5%
Change on year
up 18.7%
World rank
18th
of 57 countries
All-time high
12.5%
in 2023
All-time low
9.7%
in 2011
Years of data
19
2005–2023

Share of small-scale manufacturing in total manufacturing in Latvia, 2005–2023

0510152005201420232005: 10.2 %2006: 11.4 %2007: 12 %2008: 12.4 %2009: 12.1 %2010: 11.8 %2011: 9.7 %2012: 10.8 %2013: 11.9 %2014: 10.8 %2015: 11.2 %2016: 11.5 %2017: 11.2 %2018: 11.9 %2019: 11.3 %2020: 11.6 %2021: 10.3 %2022: 10.6 %2023: 12.5 %

Source: United Nations Industrial Development Organization – processed by Our World in Data. Measured in %.

Analysis

Latvia recorded 12.5% for share of small-scale manufacturing in total manufacturing 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, share of small-scale manufacturing in total manufacturing in Latvia peaked at 12.5% in 2023 and was at its lowest, 9.7%, in 2011.

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

Share of small-scale manufacturing in total manufacturing in Latvia, year by year

Annual values for Share of small-scale manufacturing in total manufacturing in Latvia, 2005 to 2023.
Year % Change
2005 10.2%
2006 11.4% +12.2%
2007 12.0% +5.2%
2008 12.4% +3.1%
2009 12.1% -2.2%
2010 11.8% -2.6%
2011 9.7% -17.7%
2012 10.8% +10.8%
2013 11.9% +10.4%
2014 10.8% -9.3%
2015 11.2% +3.7%
2016 11.5% +2.4%
2017 11.2% -2.3%
2018 11.9% +5.9%
2019 11.3% -4.4%
2020 11.6% +2.6%
2021 10.3% -11.3%
2022 10.6% +2.2%
2023 12.5% +18.7%

Latvia compared with similar countries

  • Latvia's 12.5% is above the median for high income countries, which is 10.2%, 1.2× the median. (39 countries reporting)
  • Latvia's 12.5% is above the median for Europe & Central Asia, which is 10.6%, 1.2× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.6% 10.2% 12.4% 5
2010s 11.2% 9.7% 11.9% 10
2020s 11.3% 10.3% 12.5% 4

Countries ranked near Latvia

  1. 15 Spain 13.5% compare
  2. 16 North Macedonia 13.0% compare
  3. 17 Albania 12.7% compare
  4. 19 Netherlands 12.4% compare
  5. 20 Bosnia and Herzegovina 12.2% compare
  6. 20 Iceland 12.2% compare

See the full ranking of 57 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is share of small-scale manufacturing in total manufacturing in Latvia?
Share of small-scale manufacturing in total manufacturing in Latvia was 12.5% in 2023, according to United Nations Industrial Development Organization – processed by Our World in Data.
What is the highest share of small-scale manufacturing in total manufacturing recorded in Latvia?
The highest recorded value was 12.5% in 2023.
What is the lowest share of small-scale manufacturing in total manufacturing recorded in Latvia?
The lowest recorded value was 9.7% in 2011.
How does Latvia rank for share of small-scale manufacturing in total manufacturing?
Latvia ranks 18th out of 57 countries with data for 2023.
Is share of small-scale manufacturing in total manufacturing 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 United Nations Industrial Development Organization – processed by Our World in Data, published as part of Share of small-scale manufacturing in total manufacturing. Statizoid updates them automatically from the source API.

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Share of small-scale manufacturing in total manufacturing in Latvia. Statizoid, drawing on United Nations Industrial Development Organization – processed by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/small-scale-industries-share/latvia/

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About this data

Indicator
Share of small-scale manufacturing in total manufacturing
Unit
%
Source
United Nations Industrial Development Organization – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
57 places, 804 data points, 2004–2024
Last refreshed

Proportion of small-scale manufacturing industries in total manufacturing value added based on international classification (%).