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
8th
of 28 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

Latvia recorded 36.53 for value added in foreign controlled enterprises 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.

That places Latvia 8th out of 28 countries with data for 2023, putting it in the middle of the range.

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

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. 5 Romania 41.25 compare
  2. 6 Hungary 40.63 compare
  3. 7 Czechia 40.15 compare
  4. 9 Estonia 35.71 compare
  5. 10 Bulgaria 34.11 compare
  6. 11 Croatia 31.75 compare

See the full ranking of 29 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 8th out of 28 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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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Value Added in Foreign Controlled Enterprises
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
29 places, 446 data points, 2008–2023
Last refreshed