Value Added in Foreign Controlled Enterprises in Latvia

Latvia: Value Added in Foreign Controlled Enterprises was 36.53 in 2023. ▲ Rising

Latest (2023)
36.53
Change on year
up 3.6%
World rank
9th
of 36 countries
All-time high
36.53
in 2023
All-time low
22.92
in 2008
Years of data
16
2008–2023

Value Added in Foreign Controlled Enterprises in Latvia, 2008–2023

0102030402008201520232008: 22.92009: 25.72010: 29.32011: 30.52012: 30.32013: 32.12014: 31.12015: 33.52016: 32.92017: 33.82018: 32.52019: 32.12020: 32.72021: 34.52022: 35.22023: 36.5

Source: Eurostat.

Analysis

The most recent figure for value added in foreign controlled enterprises in Latvia is 36.53, measured in 2023. That is the highest value across all 16 years on record.

Compared with earlier readings it is up 3.6% on the previous year and up 13.9% over ten years.

Over the whole period, value added in foreign controlled enterprises in Latvia peaked at 36.53 in 2023 and was at its lowest, 22.92, in 2008.

Latvia ranks 9th of 36 countries on this measure, in the top quarter.

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

Value Added in Foreign Controlled Enterprises in Latvia, year by year

Annual values for Value Added in Foreign Controlled Enterprises in Latvia, 2008 to 2023.
Year Value Change
2008 22.92 —
2009 25.68 +12.0%
2010 29.34 +14.3%
2011 30.47 +3.9%
2012 30.3 -0.6%
2013 32.06 +5.8%
2014 31.06 -3.1%
2015 33.51 +7.9%
2016 32.87 -1.9%
2017 33.75 +2.7%
2018 32.48 -3.8%
2019 32.1 -1.2%
2020 32.67 +1.8%
2021 34.54 +5.7%
2022 35.25 +2.1%
2023 36.53 +3.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.3 22.92 25.68 2
2010s 31.79 29.34 33.75 10
2020s 34.75 32.67 36.53 4

Countries ranked near Latvia

  1. 6 Romania 41.25 compare
  2. 7 Hungary 40.63 compare
  3. 8 Czechia 40.15 compare
  4. 9 Latvia 36.53 compare
  5. 11 Estonia 35.71 compare
  6. 11 Estonia 35.71 compare

See the full ranking of 37 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is value added in foreign controlled enterprises in Latvia?
Value added in foreign controlled enterprises in Latvia was 36.53 in 2023, according to Eurostat.
What is the highest value added in foreign controlled enterprises recorded in Latvia?
The highest recorded value was 36.53 in 2023.
What is the lowest value added in foreign controlled enterprises recorded in Latvia?
The lowest recorded value was 22.92 in 2008.
How does Latvia rank for value added in foreign controlled enterprises?
Latvia ranks 9th out of 36 countries with data for 2023.
Is value added in foreign controlled enterprises rising or falling in Latvia?
Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Value Added in Foreign Controlled Enterprises. Statizoid updates them automatically from the source API.

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Value Added in Foreign Controlled Enterprises in Latvia. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/value-added-in-foreign-controlled-enterprises/latvia-2/

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About this data

Indicator
Value Added in Foreign Controlled Enterprises
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
37 places, 571 data points, 2008–2023
Last refreshed