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

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
12.8%
in 2021
Years of data
16
2008–2023

Share of medium and high-tech manufacturing in gross domestic product in Latvia, 2008–2023

05101520252008201520232008: 15.3 %2009: 14.9 %2010: 15.6 %2011: 14.7 %2012: 14.3 %2013: 15.8 %2014: 17.2 %2015: 18.3 %2016: 13.2 %2017: 13.3 %2018: 14.5 %2019: 14.2 %2020: 18.2 %2021: 12.8 %2022: 14.3 %2023: 22.7 %

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 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

Annual values for Share of medium and high-tech manufacturing in gross domestic product in Latvia, 2008 to 2023.
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

DecadeAverage LowestHighest 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

  1. 58 Lithuania 23.9% compare
  2. 59 Croatia 23.3% compare
  3. 60 New Zealand 22.7% compare
  4. 62 Portugal 22.4% compare
  5. 63 Bosnia and Herzegovina 21.5% compare
  6. 64 Chile 20.8% compare

See the full ranking of 100 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 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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Share of medium and high-tech manufacturing in gross domestic product 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/total-manufacturing-value-added-from-high-tech/latvia/

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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
100 places, 1,267 data points, 2008–2023
Last refreshed

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