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 12.7% in 2022. ▼ Falling

Latest (2022)
12.7%
Change on year
up 11.7%
World rank
73rd
of 94 countries
All-time high
17.4%
in 2015
All-time low
11.4%
in 2021
Years of data
15
2008–2022

Share of medium and high-tech manufacturing in gross domestic product in Latvia, 2008–2022

0510152008201520222008: 14.6 %2009: 14.3 %2010: 14.8 %2011: 13.7 %2012: 13.2 %2013: 14.8 %2014: 16.4 %2015: 17.4 %2016: 11.8 %2017: 12 %2018: 13.2 %2019: 12.7 %2020: 17.4 %2021: 11.4 %2022: 12.7 %

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 12.7%, measured in 2022.

The figure is up 11.7% on the previous year and down 3.5% over ten years.

Over the whole period, share of medium and high-tech manufacturing in gross domestic product in Latvia peaked at 17.4% in 2015 and was at its lowest, 11.4%, in 2021.

Latvia ranks 73rd of 94 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.4% 14.3% 14.6% 2
2010s 14.0% 11.8% 17.4% 10
2020s 13.8% 11.4% 17.4% 3

Countries ranked near Latvia

  1. 70 Croatia 13.8% compare
  2. 70 Kenya 13.8% compare
  3. 72 Azerbaijan 13.7% compare
  4. 74 Ecuador 12.7% compare
  5. 75 Tunisia 11.6% compare
  6. 76 Zambia 10.1% compare

See the full ranking of 94 places →

More reference data data for Latvia

All data for Latvia →

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 12.7% in 2022, 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 17.4% in 2015.
What is the lowest share of medium and high-tech manufacturing in gross domestic product recorded in Latvia?
The lowest recorded value was 11.4% in 2021.
How does Latvia rank for share of medium and high-tech manufacturing in gross domestic product?
Latvia ranks 73rd out of 94 countries with data for 2022.
Is share of medium and high-tech manufacturing in gross domestic product rising or falling in Latvia?
Over the last ten years it is down 3.5%. The long-run trend across the full record is falling.
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

Indicator
Share of medium and high-tech manufacturing in gross domestic product
Unit
%
Source
United Nations Industrial Development Organization – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
94 places, 1,132 data points, 2008–2022
Last refreshed

Proportion of medium and high-tech manufacturing value added in total value added (%)