Share of medium and high-tech manufacturing in gross domestic product in Latvia
Latvia: Share of medium and high-tech manufacturing in gross domestic product was 22.7% in 2023. ▲ Rising
Share of medium and high-tech manufacturing in gross domestic product in Latvia, 2008–2023
Source: United Nations Industrial Development Organization – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for share of medium and high-tech manufacturing in gross domestic product 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, share of medium and high-tech manufacturing in gross domestic product in Latvia peaked at 22.7% in 2023 and was at its lowest, 12.8%, 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.
Share of medium and high-tech manufacturing in gross domestic product in Latvia, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 15.3% | — |
| 2009 | 14.9% | -2.3% |
| 2010 | 15.6% | +4.6% |
| 2011 | 14.7% | -5.8% |
| 2012 | 14.3% | -3.0% |
| 2013 | 15.8% | +10.5% |
| 2014 | 17.2% | +8.9% |
| 2015 | 18.3% | +6.3% |
| 2016 | 13.2% | -27.6% |
| 2017 | 13.3% | +0.6% |
| 2018 | 14.5% | +9.3% |
| 2019 | 14.2% | -2.6% |
| 2020 | 18.2% | +28.7% |
| 2021 | 12.8% | -29.7% |
| 2022 | 14.3% | +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 37.8%, 60% of the median. (49 countries reporting)
- Latvia's 22.7% is below the median for Europe & Central Asia, which is 30.1%, 75% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.1% | 14.9% | 15.3% | 2 |
| 2010s | 15.1% | 13.2% | 18.3% | 10 |
| 2020s | 17.0% | 12.8% | 22.7% | 4 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is share of medium and high-tech manufacturing in gross domestic product in Latvia?
- Share of medium and high-tech manufacturing in gross domestic product in Latvia was 22.7% in 2023, according to United Nations Industrial Development Organization – processed by Our World in Data.
- What is the highest share of medium and high-tech manufacturing in gross domestic product recorded in Latvia?
- The highest recorded value was 22.7% in 2023.
- What is the lowest share of medium and high-tech manufacturing in gross domestic product recorded in Latvia?
- The lowest recorded value was 12.8% in 2021.
- How does Latvia rank for share of medium and high-tech manufacturing in gross domestic product?
- Latvia ranks 61st out of 100 countries with data for 2023.
- Is share of medium and high-tech manufacturing in gross domestic product 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 United Nations Industrial Development Organization – processed by Our World in Data, published as part of Share of medium and high-tech manufacturing in gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Proportion of medium and high-tech manufacturing value added in total value added (%).