Total manufacturing value added from high tech in Latvia

Latvia: Total manufacturing value added from high tech was 22.7 in 2023. ▲ Rising

Latest (2023)
22.7
Change on year
up 59.0%
World rank
61st
of 100 countries
All-time high
22.7
in 2023
All-time low
12.82
in 2021
Years of data
16
2008–2023

Total manufacturing value added from high tech in Latvia, 2008–2023

05101520252008201520232008: 15.32009: 14.92010: 15.62011: 14.72012: 14.32013: 15.82014: 17.22015: 18.32016: 13.22017: 13.32018: 14.52019: 14.22020: 18.22021: 12.82022: 14.32023: 22.7

Source: Our World in Data.

Analysis

The most recent figure for total manufacturing value added from high tech in Latvia is 22.7, measured in 2023. That is the highest value across all 16 years on record.

The figure is up 59.0% on the previous year and up 43.9% over ten years.

Over the whole period, total manufacturing value added from high tech in Latvia peaked at 22.7 in 2023 and was at its lowest, 12.82, in 2021.

Latvia ranks 61st of 100 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Total manufacturing value added from high tech in Latvia, year by year

Annual values for Total manufacturing value added from high tech in Latvia, 2008 to 2023.
Year Value Change
2008 15.29 —
2009 14.94 -2.3%
2010 15.62 +4.6%
2011 14.72 -5.8%
2012 14.28 -3.0%
2013 15.78 +10.5%
2014 17.18 +8.9%
2015 18.26 +6.3%
2016 13.22 -27.6%
2017 13.3 +0.6%
2018 14.54 +9.3%
2019 14.16 -2.6%
2020 18.23 +28.7%
2021 12.82 -29.7%
2022 14.28 +11.4%
2023 22.7 +59.0%

Latvia compared with similar countries

  • Latvia's 22.7 is below the median for high income countries, which is 37.81, 60% of the median. (49 countries reporting)
  • Latvia's 22.7 is below the median for Europe & Central Asia, which is 30.12, 75% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.11 14.94 15.29 2
2010s 15.11 13.22 18.26 10
2020s 17.01 12.82 22.7 4

Countries ranked near Latvia

  1. 58 Lithuania 23.91 compare
  2. 59 Croatia 23.27 compare
  3. 60 New Zealand 22.74 compare
  4. 62 Portugal 22.43 compare
  5. 63 Bosnia and Herzegovina 21.54 compare
  6. 64 Chile 20.77 compare

See the full ranking of 100 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is total manufacturing value added from high tech in Latvia?
Total manufacturing value added from high tech in Latvia was 22.7 in 2023, according to Our World in Data.
What is the highest total manufacturing value added from high tech recorded in Latvia?
The highest recorded value was 22.7 in 2023.
What is the lowest total manufacturing value added from high tech recorded in Latvia?
The lowest recorded value was 12.82 in 2021.
How does Latvia rank for total manufacturing value added from high tech?
Latvia ranks 61st out of 100 countries with data for 2023.
Is total manufacturing value added from high tech rising or falling in Latvia?
Over the last ten years it is up 43.9%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Our World in Data, published as part of Total manufacturing value added from high tech. Statizoid updates them automatically from the source API.

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Total manufacturing value added from high tech in Latvia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/total-manufacturing-value-added-from-high-tech/latvia/

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About this data

Indicator
Total manufacturing value added from high tech
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
100 places, 1,267 data points, 2008–2023
Last refreshed