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Country contents
LVA · UN M49 428Latvia

Source-specific country analysis

Latvia Economic Overview

UNSD Analysis of Main Aggregates (UNSD AMA)

ReleaseJanuary 28, 2026Observations1970–20243 analysis periods1970–1990 · 1990–2010 · 2010–2024Currency basesNational · U.S. dollars
View source and methodology

Three fixed historical periods

Read the economy through three eras

Every chart uses the same labeled periods. There is no page-wide selection to remember as you move between topics.

Formation1970–1990
Integration1990–2010
Current era2010–2024

01 · Economic overview

What should a reader know first?

Latest values orient the reader; the three-era analysis below shows how the economic record developed.

Nominal GDP$43.68B2024 · Latest current-price total · World rank 100 of 210
Real GDP growth-0.0%2024 · Latest constant-price annual change · Constant-price annual change
GDP per capita$23,3372024 · Current U.S. dollars; not PPP adjusted · Current U.S. dollars; not PPP adjusted
Share of world GDP0.0%2024 · Share of the official world total · Official world aggregate denominator
Largest broad activity45.5%2024 · Largest broad production activity · Other activities
Manufacturing11.4%2024 · Share of total gross value added · World gap −4.3 pp
Economic overview annual rank and index table35 annual rows

Annual core economic measures, world ranks and comparable world indices. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Economic overview annual rank and index table
Latvia1990$9.27B86 of 206 · highest-to-lowest58.5 / 1000.0 (world = 100)Source observation unavailableNot calculable without a source observationNot calculable without a source observationComparable world observation unavailable$3,48374 of 206 · highest-to-lowest64.4 / 10080.3 (world = 100)0.0%86 of 206 · highest-to-lowest58.5 / 100-100.0 pp vs world
Latvia1991$8.58B85 of 206 · highest-to-lowest59.0 / 1000.0 (world = 100)-10.4%186 of 206 · highest-to-lowest9.8 / 100-11.6 pp vs world$3,24074 of 206 · highest-to-lowest64.4 / 10072.3 (world = 100)0.0%85 of 206 · highest-to-lowest59.0 / 100-100.0 pp vs world
Latvia1992$5.72B102 of 206 · highest-to-lowest50.7 / 1000.0 (world = 100)-34.9%203 of 206 · highest-to-lowest1.5 / 100-36.9 pp vs world$2,18794 of 206 · highest-to-lowest54.6 / 10046.3 (world = 100)0.0%102 of 206 · highest-to-lowest50.7 / 100-100.0 pp vs world
Latvia1993$4.98B106 of 206 · highest-to-lowest48.8 / 1000.0 (world = 100)-14.9%192 of 206 · highest-to-lowest6.8 / 100-16.6 pp vs world$1,94399 of 206 · highest-to-lowest52.2 / 10041.0 (world = 100)0.0%106 of 206 · highest-to-lowest48.8 / 100-100.0 pp vs world
Latvia1994$5.12B107 of 206 · highest-to-lowest48.3 / 1000.0 (world = 100)0.6%161 of 206 · highest-to-lowest22.0 / 100-2.6 pp vs world$2,03299 of 206 · highest-to-lowest52.2 / 10040.8 (world = 100)0.0%107 of 206 · highest-to-lowest48.3 / 100-100.0 pp vs world
Latvia1995$5.24B111 of 206 · highest-to-lowest46.3 / 1000.0 (world = 100)0.2%172 of 206 · highest-to-lowest16.6 / 100-2.9 pp vs world$2,107107 of 206 · highest-to-lowest48.3 / 10038.7 (world = 100)0.0%111 of 206 · highest-to-lowest46.3 / 100-100.0 pp vs world
Latvia1996$5.80B110 of 206 · highest-to-lowest46.8 / 1000.0 (world = 100)2.3%147 of 206 · highest-to-lowest28.8 / 100-1.3 pp vs world$2,359101 of 206 · highest-to-lowest51.2 / 10043.1 (world = 100)0.0%110 of 206 · highest-to-lowest46.8 / 100-100.0 pp vs world
Latvia1997$6.35B106 of 206 · highest-to-lowest48.8 / 1000.0 (world = 100)9.2%20 of 206 · highest-to-lowest90.7 / 100+5.3 pp vs world$2,61095 of 206 · highest-to-lowest54.1 / 10048.5 (world = 100)0.0%106 of 206 · highest-to-lowest48.8 / 100-100.0 pp vs world
Latvia1998$6.97B103 of 206 · highest-to-lowest50.2 / 1000.0 (world = 100)6.6%52 of 206 · highest-to-lowest75.1 / 100+3.7 pp vs world$2,89493 of 206 · highest-to-lowest55.1 / 10054.9 (world = 100)0.0%103 of 206 · highest-to-lowest50.2 / 100-100.0 pp vs world
Latvia1999$7.32B103 of 206 · highest-to-lowest50.2 / 1000.0 (world = 100)2.8%123 of 206 · highest-to-lowest40.5 / 100-0.8 pp vs world$3,06391 of 206 · highest-to-lowest56.1 / 10056.7 (world = 100)0.0%103 of 206 · highest-to-lowest50.2 / 100-100.0 pp vs world
Latvia2000$7.76B104 of 206 · highest-to-lowest49.8 / 1000.0 (world = 100)5.8%56 of 206 · highest-to-lowest73.2 / 100+1.4 pp vs world$3,27790 of 206 · highest-to-lowest56.6 / 10059.7 (world = 100)0.0%104 of 206 · highest-to-lowest49.8 / 100-100.0 pp vs world
Latvia2001$8.19B102 of 206 · highest-to-lowest50.7 / 1000.0 (world = 100)6.5%35 of 206 · highest-to-lowest83.4 / 100+4.4 pp vs world$3,50387 of 206 · highest-to-lowest58.0 / 10065.0 (world = 100)0.0%102 of 206 · highest-to-lowest50.7 / 100-100.0 pp vs world
Latvia2002$9.25B99 of 206 · highest-to-lowest52.2 / 1000.0 (world = 100)7.7%26 of 206 · highest-to-lowest87.8 / 100+5.5 pp vs world$4,00283 of 206 · highest-to-lowest60.0 / 10072.4 (world = 100)0.0%99 of 206 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2003$11.24B95 of 206 · highest-to-lowest54.1 / 1000.0 (world = 100)8.4%30 of 206 · highest-to-lowest85.9 / 100+5.4 pp vs world$4,91274 of 206 · highest-to-lowest64.4 / 10080.2 (world = 100)0.0%95 of 206 · highest-to-lowest54.1 / 100-100.0 pp vs world
Latvia2004$13.83B92 of 206 · highest-to-lowest55.6 / 1000.0 (world = 100)8.7%33 of 206 · highest-to-lowest84.4 / 100+4.3 pp vs world$6,10774 of 206 · highest-to-lowest64.4 / 10089.7 (world = 100)0.0%92 of 206 · highest-to-lowest55.6 / 100-100.0 pp vs world
Latvia2005$16.31B92 of 208 · highest-to-lowest56.0 / 1000.0 (world = 100)11.6%14 of 206 · highest-to-lowest93.7 / 100+7.6 pp vs world$7,28076 of 208 · highest-to-lowest63.8 / 10099.9 (world = 100)0.0%92 of 208 · highest-to-lowest56.0 / 100-100.0 pp vs world
Latvia2006$20.44B88 of 208 · highest-to-lowest58.0 / 1000.0 (world = 100)12.8%15 of 208 · highest-to-lowest93.2 / 100+8.4 pp vs world$9,20973 of 208 · highest-to-lowest65.2 / 100118.1 (world = 100)0.0%88 of 208 · highest-to-lowest58.0 / 100-100.0 pp vs world
Latvia2007$29.42B83 of 208 · highest-to-lowest60.4 / 1000.1 (world = 100)10.4%28 of 208 · highest-to-lowest87.0 / 100+6.1 pp vs world$13,36966 of 208 · highest-to-lowest68.6 / 100153.9 (world = 100)0.1%83 of 208 · highest-to-lowest60.4 / 100-99.9 pp vs world
Latvia2008$34.13B85 of 210 · highest-to-lowest59.8 / 1000.1 (world = 100)-3.4%199 of 208 · highest-to-lowest4.3 / 100-5.4 pp vs world$15,67467 of 210 · highest-to-lowest68.4 / 100166.5 (world = 100)0.1%85 of 210 · highest-to-lowest59.8 / 100-99.9 pp vs world
Latvia2009$25.69B94 of 210 · highest-to-lowest55.5 / 1000.0 (world = 100)-16.0%207 of 210 · highest-to-lowest1.4 / 100-14.6 pp vs world$11,99568 of 210 · highest-to-lowest67.9 / 100136.0 (world = 100)0.0%94 of 210 · highest-to-lowest55.5 / 100-100.0 pp vs world
Latvia2010$23.48B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)-3.7%200 of 210 · highest-to-lowest4.8 / 100-8.1 pp vs world$11,19175 of 210 · highest-to-lowest64.6 / 100117.3 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2011$26.81B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)3.0%124 of 210 · highest-to-lowest41.1 / 100-0.2 pp vs world$13,01373 of 210 · highest-to-lowest65.6 / 100124.1 (world = 100)0.0%102 of 210 · highest-to-lowest51.7 / 100-100.0 pp vs world
Latvia2012$27.12B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)7.3%34 of 210 · highest-to-lowest84.2 / 100+4.6 pp vs world$13,33072 of 210 · highest-to-lowest66.0 / 100126.1 (world = 100)0.0%102 of 210 · highest-to-lowest51.7 / 100-100.0 pp vs world
Latvia2013$29.15B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)2.1%136 of 210 · highest-to-lowest35.4 / 100-0.7 pp vs world$14,48069 of 210 · highest-to-lowest67.5 / 100134.7 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world
Latvia2014$30.28B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)2.1%142 of 210 · highest-to-lowest32.5 / 100-1.0 pp vs world$15,18367 of 210 · highest-to-lowest68.4 / 100139.3 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2015$26.34B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)3.8%89 of 210 · highest-to-lowest57.9 / 100+0.6 pp vs world$13,32071 of 210 · highest-to-lowest66.5 / 100130.8 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2016$27.12B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)2.6%125 of 210 · highest-to-lowest40.7 / 100-0.2 pp vs world$13,83669 of 210 · highest-to-lowest67.5 / 100135.2 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world
Latvia2017$29.39B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)3.4%103 of 210 · highest-to-lowest51.2 / 100-0.0 pp vs world$15,13068 of 210 · highest-to-lowest67.9 / 100140.5 (world = 100)0.0%102 of 210 · highest-to-lowest51.7 / 100-100.0 pp vs world
Latvia2018$33.25B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)4.3%71 of 210 · highest-to-lowest66.5 / 100+1.1 pp vs world$17,24864 of 210 · highest-to-lowest69.9 / 100152.6 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2019$33.10B103 of 210 · highest-to-lowest51.2 / 1000.0 (world = 100)0.7%171 of 210 · highest-to-lowest18.7 / 100-1.9 pp vs world$17,29164 of 210 · highest-to-lowest69.9 / 100152.4 (world = 100)0.0%103 of 210 · highest-to-lowest51.2 / 100-100.0 pp vs world
Latvia2020$33.38B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)-3.5%99 of 210 · highest-to-lowest53.1 / 100-0.5 pp vs world$17,55860 of 210 · highest-to-lowest71.8 / 100160.2 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world
Latvia2021$38.18B97 of 210 · highest-to-lowest54.1 / 1000.0 (world = 100)6.9%69 of 210 · highest-to-lowest67.5 / 100+0.5 pp vs world$20,25059 of 210 · highest-to-lowest72.2 / 100163.1 (world = 100)0.0%97 of 210 · highest-to-lowest54.1 / 100-100.0 pp vs world
Latvia2022$38.00B103 of 210 · highest-to-lowest51.2 / 1000.0 (world = 100)1.9%166 of 210 · highest-to-lowest21.1 / 100-1.4 pp vs world$20,20361 of 210 · highest-to-lowest71.3 / 100157.8 (world = 100)0.0%103 of 210 · highest-to-lowest51.2 / 100-100.0 pp vs world
Latvia2023$42.78B99 of 210 · highest-to-lowest53.1 / 1000.0 (world = 100)-0.9%196 of 210 · highest-to-lowest6.7 / 100-3.9 pp vs world$22,72660 of 210 · highest-to-lowest71.8 / 100171.5 (world = 100)0.0%99 of 210 · highest-to-lowest53.1 / 100-100.0 pp vs world
Latvia2024$43.68B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)-0.0%187 of 210 · highest-to-lowest11.0 / 100-2.9 pp vs world$23,33764 of 210 · highest-to-lowest69.9 / 100170.7 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

The long view

Real output, indexed to a shared starting year

Indexing allows the country and benchmark trajectories to be compared without confusing their very different economic sizes.

Real GDP trajectory. All series equal 100 in the shared starting year.1970–19901990–20102010–2024263.8210.3156.8103.249.71970198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaEuropeNorthern EuropeWorldConstant prices · U.S. dollars · index, shared start = 100
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Real GDP trajectory

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02 · Economic size and world position

How large is the economy, and where does it sit globally?

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Full historical record

Nominal GDP

Nominal scale, real volume and share of world output provide three distinct views of economic size.

Latvia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Nominal GDP across the full available AMA record, divided into three labeled analytical periods.1970–19901990–20102010–2024111.6T83.7T55.8T27.9T5B1970198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaNorthern EuropeEuropeWorldCurrent prices · U.S. dollars
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Nominal GDP and UN benchmarks

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Formation1970–1990

$9.27B → $9.27B

Compound annual change: 0.0% CAGR
Integration1990–2010

$9.27B → $23.48B

Compound annual change: +4.8% CAGR
Current era2010–2024

$23.48B → $43.68B

Compound annual change: +4.5% CAGR
Nominal GDP$43.68B2024 · Published series · World rank 100 of 210 · highest-to-lowest
Real GDP$36.02B2024 · Published series · World rank 102 of 210 · highest-to-lowest
Share of world GDP0.0%2024 · Derived measure · World rank 100 of 210 · highest-to-lowest
Economic size and world position: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the economic size and world position section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Economic size and world position: annual rates, ranks and comparison indices
Latvia1990$9.27B86 of 206 · highest-to-lowest58.5 / 1000.0 (world = 100)$27.26B75 of 206 · highest-to-lowest63.9 / 1000.1 (world = 100)0.0%86 of 206 · highest-to-lowest58.5 / 100-100.0 pp vs world
Latvia1991$8.58B85 of 206 · highest-to-lowest59.0 / 1000.0 (world = 100)$24.42B74 of 206 · highest-to-lowest64.4 / 1000.1 (world = 100)0.0%85 of 206 · highest-to-lowest59.0 / 100-100.0 pp vs world
Latvia1992$5.72B102 of 206 · highest-to-lowest50.7 / 1000.0 (world = 100)$15.91B90 of 206 · highest-to-lowest56.6 / 1000.0 (world = 100)0.0%102 of 206 · highest-to-lowest50.7 / 100-100.0 pp vs world
Latvia1993$4.98B106 of 206 · highest-to-lowest48.8 / 1000.0 (world = 100)$13.54B97 of 206 · highest-to-lowest53.2 / 1000.0 (world = 100)0.0%106 of 206 · highest-to-lowest48.8 / 100-100.0 pp vs world
Latvia1994$5.12B107 of 206 · highest-to-lowest48.3 / 1000.0 (world = 100)$13.63B96 of 206 · highest-to-lowest53.7 / 1000.0 (world = 100)0.0%107 of 206 · highest-to-lowest48.3 / 100-100.0 pp vs world
Latvia1995$5.24B111 of 206 · highest-to-lowest46.3 / 1000.0 (world = 100)$13.66B97 of 206 · highest-to-lowest53.2 / 1000.0 (world = 100)0.0%111 of 206 · highest-to-lowest46.3 / 100-100.0 pp vs world
Latvia1996$5.80B110 of 206 · highest-to-lowest46.8 / 1000.0 (world = 100)$13.97B97 of 206 · highest-to-lowest53.2 / 1000.0 (world = 100)0.0%110 of 206 · highest-to-lowest46.8 / 100-100.0 pp vs world
Latvia1997$6.35B106 of 206 · highest-to-lowest48.8 / 1000.0 (world = 100)$15.25B95 of 206 · highest-to-lowest54.1 / 1000.0 (world = 100)0.0%106 of 206 · highest-to-lowest48.8 / 100-100.0 pp vs world
Latvia1998$6.97B103 of 206 · highest-to-lowest50.2 / 1000.0 (world = 100)$16.25B93 of 206 · highest-to-lowest55.1 / 1000.0 (world = 100)0.0%103 of 206 · highest-to-lowest50.2 / 100-100.0 pp vs world
Latvia1999$7.32B103 of 206 · highest-to-lowest50.2 / 1000.0 (world = 100)$16.71B93 of 206 · highest-to-lowest55.1 / 1000.0 (world = 100)0.0%103 of 206 · highest-to-lowest50.2 / 100-100.0 pp vs world
Latvia2000$7.76B104 of 206 · highest-to-lowest49.8 / 1000.0 (world = 100)$17.68B92 of 206 · highest-to-lowest55.6 / 1000.0 (world = 100)0.0%104 of 206 · highest-to-lowest49.8 / 100-100.0 pp vs world
Latvia2001$8.19B102 of 206 · highest-to-lowest50.7 / 1000.0 (world = 100)$18.83B90 of 206 · highest-to-lowest56.6 / 1000.0 (world = 100)0.0%102 of 206 · highest-to-lowest50.7 / 100-100.0 pp vs world
Latvia2002$9.25B99 of 206 · highest-to-lowest52.2 / 1000.0 (world = 100)$20.27B89 of 206 · highest-to-lowest57.1 / 1000.0 (world = 100)0.0%99 of 206 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2003$11.24B95 of 206 · highest-to-lowest54.1 / 1000.0 (world = 100)$21.98B88 of 206 · highest-to-lowest57.6 / 1000.0 (world = 100)0.0%95 of 206 · highest-to-lowest54.1 / 100-100.0 pp vs world
Latvia2004$13.83B92 of 206 · highest-to-lowest55.6 / 1000.0 (world = 100)$23.89B88 of 206 · highest-to-lowest57.6 / 1000.0 (world = 100)0.0%92 of 206 · highest-to-lowest55.6 / 100-100.0 pp vs world
Latvia2005$16.31B92 of 208 · highest-to-lowest56.0 / 1000.0 (world = 100)$26.67B87 of 208 · highest-to-lowest58.5 / 1000.0 (world = 100)0.0%92 of 208 · highest-to-lowest56.0 / 100-100.0 pp vs world
Latvia2006$20.44B88 of 208 · highest-to-lowest58.0 / 1000.0 (world = 100)$30.09B86 of 208 · highest-to-lowest58.9 / 1000.0 (world = 100)0.0%88 of 208 · highest-to-lowest58.0 / 100-100.0 pp vs world
Latvia2007$29.42B83 of 208 · highest-to-lowest60.4 / 1000.1 (world = 100)$33.22B85 of 208 · highest-to-lowest59.4 / 1000.1 (world = 100)0.1%83 of 208 · highest-to-lowest60.4 / 100-99.9 pp vs world
Latvia2008$34.13B85 of 210 · highest-to-lowest59.8 / 1000.1 (world = 100)$32.10B91 of 210 · highest-to-lowest56.9 / 1000.0 (world = 100)0.1%85 of 210 · highest-to-lowest59.8 / 100-99.9 pp vs world
Latvia2009$25.69B94 of 210 · highest-to-lowest55.5 / 1000.0 (world = 100)$26.95B94 of 210 · highest-to-lowest55.5 / 1000.0 (world = 100)0.0%94 of 210 · highest-to-lowest55.5 / 100-100.0 pp vs world
Latvia2010$23.48B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)$25.96B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2011$26.81B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)$26.75B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)0.0%102 of 210 · highest-to-lowest51.7 / 100-100.0 pp vs world
Latvia2012$27.12B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)$28.71B99 of 210 · highest-to-lowest53.1 / 1000.0 (world = 100)0.0%102 of 210 · highest-to-lowest51.7 / 100-100.0 pp vs world
Latvia2013$29.15B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)$29.31B99 of 210 · highest-to-lowest53.1 / 1000.0 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world
Latvia2014$30.28B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)$29.92B99 of 210 · highest-to-lowest53.1 / 1000.0 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2015$26.34B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)$31.05B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2016$27.12B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)$31.85B99 of 210 · highest-to-lowest53.1 / 1000.0 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world
Latvia2017$29.39B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)$32.93B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)0.0%102 of 210 · highest-to-lowest51.7 / 100-100.0 pp vs world
Latvia2018$33.25B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)$34.35B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia2019$33.10B103 of 210 · highest-to-lowest51.2 / 1000.0 (world = 100)$34.58B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)0.0%103 of 210 · highest-to-lowest51.2 / 100-100.0 pp vs world
Latvia2020$33.38B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)$33.38B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world
Latvia2021$38.18B97 of 210 · highest-to-lowest54.1 / 1000.0 (world = 100)$35.70B99 of 210 · highest-to-lowest53.1 / 1000.0 (world = 100)0.0%97 of 210 · highest-to-lowest54.1 / 100-100.0 pp vs world
Latvia2022$38.00B103 of 210 · highest-to-lowest51.2 / 1000.0 (world = 100)$36.38B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)0.0%103 of 210 · highest-to-lowest51.2 / 100-100.0 pp vs world
Latvia2023$42.78B99 of 210 · highest-to-lowest53.1 / 1000.0 (world = 100)$36.04B101 of 210 · highest-to-lowest52.2 / 1000.0 (world = 100)0.0%99 of 210 · highest-to-lowest53.1 / 100-100.0 pp vs world
Latvia2024$43.68B100 of 210 · highest-to-lowest52.6 / 1000.0 (world = 100)$36.02B102 of 210 · highest-to-lowest51.7 / 1000.0 (world = 100)0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Current U.S.-dollar GDP reflects domestic prices and exchange rates as well as production. It is not PPP adjusted.

Latest common comparison

Europe$27.20T2024
Northern Europe$6.28T2024
World$111.57T2024

03 · Output and income per person

What does the record show per person?

Current and constant-price per-person measures separate present-dollar scale from real change.

Full historical record

GDP per person

Current and constant-price per-person measures separate present-dollar scale from real change.

Latvia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

GDP per person across the full available AMA record, divided into three labeled analytical periods.1970–19901990–20102010–202457.8K43.6K29.4K15.1K928.41970198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaNorthern EuropeEuropeWorldCurrent prices · U.S. dollars per person
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GDP per person and UN benchmarks

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Formation1970–1990

$3,483 → $3,483

Compound annual change: 0.0% CAGR
Integration1990–2010

$3,483 → $11,191

Compound annual change: +6.0% CAGR
Current era2010–2024

$11,191 → $23,337

Compound annual change: +5.4% CAGR
GDP per person$23,3372024 · Published series · World rank 64 of 210 · highest-to-lowest
Real GDP per person$19,2432024 · Published series · World rank 63 of 210 · highest-to-lowest
Output and income per person: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the output and income per person section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Output and income per person: annual rates, ranks and comparison indices
Latvia1990$3,48374 of 206 · highest-to-lowest64.4 / 10080.3 (world = 100)$10,24863 of 206 · highest-to-lowest69.8 / 100143.2 (world = 100)
Latvia1991$3,24074 of 206 · highest-to-lowest64.4 / 10072.3 (world = 100)$9,22065 of 206 · highest-to-lowest68.8 / 100129.4 (world = 100)
Latvia1992$2,18794 of 206 · highest-to-lowest54.6 / 10046.3 (world = 100)$6,08480 of 206 · highest-to-lowest61.5 / 10085.0 (world = 100)
Latvia1993$1,94399 of 206 · highest-to-lowest52.2 / 10041.0 (world = 100)$5,28386 of 206 · highest-to-lowest58.5 / 10073.7 (world = 100)
Latvia1994$2,03299 of 206 · highest-to-lowest52.2 / 10040.8 (world = 100)$5,40784 of 206 · highest-to-lowest59.5 / 10074.1 (world = 100)
Latvia1995$2,107107 of 206 · highest-to-lowest48.3 / 10038.7 (world = 100)$5,49386 of 206 · highest-to-lowest58.5 / 10074.1 (world = 100)
Latvia1996$2,359101 of 206 · highest-to-lowest51.2 / 10043.1 (world = 100)$5,68385 of 206 · highest-to-lowest59.0 / 10075.1 (world = 100)
Latvia1997$2,61095 of 206 · highest-to-lowest54.1 / 10048.5 (world = 100)$6,26883 of 206 · highest-to-lowest60.0 / 10080.9 (world = 100)
Latvia1998$2,89493 of 206 · highest-to-lowest55.1 / 10054.9 (world = 100)$6,74281 of 206 · highest-to-lowest61.0 / 10085.8 (world = 100)
Latvia1999$3,06391 of 206 · highest-to-lowest56.1 / 10056.7 (world = 100)$6,98881 of 206 · highest-to-lowest61.0 / 10087.0 (world = 100)
Latvia2000$3,27790 of 206 · highest-to-lowest56.6 / 10059.7 (world = 100)$7,46778 of 206 · highest-to-lowest62.4 / 10090.2 (world = 100)
Latvia2001$3,50387 of 206 · highest-to-lowest58.0 / 10065.0 (world = 100)$8,05173 of 206 · highest-to-lowest64.9 / 10096.6 (world = 100)
Latvia2002$4,00283 of 206 · highest-to-lowest60.0 / 10072.4 (world = 100)$8,76970 of 206 · highest-to-lowest66.3 / 100104.3 (world = 100)
Latvia2003$4,91274 of 206 · highest-to-lowest64.4 / 10080.2 (world = 100)$9,60168 of 206 · highest-to-lowest67.3 / 100112.3 (world = 100)
Latvia2004$6,10774 of 206 · highest-to-lowest64.4 / 10089.7 (world = 100)$10,55368 of 206 · highest-to-lowest67.3 / 100119.7 (world = 100)
Latvia2005$7,28076 of 208 · highest-to-lowest63.8 / 10099.9 (world = 100)$11,90869 of 208 · highest-to-lowest67.1 / 100131.6 (world = 100)
Latvia2006$9,20973 of 208 · highest-to-lowest65.2 / 100118.1 (world = 100)$13,56065 of 208 · highest-to-lowest69.1 / 100145.4 (world = 100)
Latvia2007$13,36966 of 208 · highest-to-lowest68.6 / 100153.9 (world = 100)$15,09765 of 208 · highest-to-lowest69.1 / 100157.1 (world = 100)
Latvia2008$15,67467 of 210 · highest-to-lowest68.4 / 100166.5 (world = 100)$14,74065 of 210 · highest-to-lowest69.4 / 100152.3 (world = 100)
Latvia2009$11,99568 of 210 · highest-to-lowest67.9 / 100136.0 (world = 100)$12,58170 of 210 · highest-to-lowest67.0 / 100133.6 (world = 100)
Latvia2010$11,19175 of 210 · highest-to-lowest64.6 / 100117.3 (world = 100)$12,37671 of 210 · highest-to-lowest66.5 / 100127.4 (world = 100)
Latvia2011$13,01373 of 210 · highest-to-lowest65.6 / 100124.1 (world = 100)$12,98769 of 210 · highest-to-lowest67.5 / 100131.1 (world = 100)
Latvia2012$13,33072 of 210 · highest-to-lowest66.0 / 100126.1 (world = 100)$14,10967 of 210 · highest-to-lowest68.4 / 100140.4 (world = 100)
Latvia2013$14,48069 of 210 · highest-to-lowest67.5 / 100134.7 (world = 100)$14,55966 of 210 · highest-to-lowest68.9 / 100142.7 (world = 100)
Latvia2014$15,18367 of 210 · highest-to-lowest68.4 / 100139.3 (world = 100)$15,00565 of 210 · highest-to-lowest69.4 / 100144.4 (world = 100)
Latvia2015$13,32071 of 210 · highest-to-lowest66.5 / 100130.8 (world = 100)$15,70166 of 210 · highest-to-lowest68.9 / 100148.3 (world = 100)
Latvia2016$13,83669 of 210 · highest-to-lowest67.5 / 100135.2 (world = 100)$16,24966 of 210 · highest-to-lowest68.9 / 100151.1 (world = 100)
Latvia2017$15,13068 of 210 · highest-to-lowest67.9 / 100140.5 (world = 100)$16,95164 of 210 · highest-to-lowest69.9 / 100154.2 (world = 100)
Latvia2018$17,24864 of 210 · highest-to-lowest69.9 / 100152.6 (world = 100)$17,81962 of 210 · highest-to-lowest70.8 / 100158.7 (world = 100)
Latvia2019$17,29164 of 210 · highest-to-lowest69.9 / 100152.4 (world = 100)$18,06462 of 210 · highest-to-lowest70.8 / 100158.4 (world = 100)
Latvia2020$17,55860 of 210 · highest-to-lowest71.8 / 100160.2 (world = 100)$17,55860 of 210 · highest-to-lowest71.8 / 100160.2 (world = 100)
Latvia2021$20,25059 of 210 · highest-to-lowest72.2 / 100163.1 (world = 100)$18,93260 of 210 · highest-to-lowest71.8 / 100163.7 (world = 100)
Latvia2022$20,20361 of 210 · highest-to-lowest71.3 / 100157.8 (world = 100)$19,33961 of 210 · highest-to-lowest71.3 / 100163.2 (world = 100)
Latvia2023$22,72660 of 210 · highest-to-lowest71.8 / 100171.5 (world = 100)$19,14461 of 210 · highest-to-lowest71.3 / 100158.4 (world = 100)
Latvia2024$23,33764 of 210 · highest-to-lowest69.9 / 100170.7 (world = 100)$19,24363 of 210 · highest-to-lowest70.3 / 100156.1 (world = 100)

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

GDP per person is an accounting average, not a measure of household income distribution or living costs.

Latest common comparison

Europe$36,4082024
Northern Europe$57,7922024
World$13,6732024

04 · Real growth and output prices

How quickly has real activity changed, and how have output prices moved?

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Full historical record

Real GDP growth

Real GDP growth, per-person growth and the implicit deflator answer different questions.

Latvia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Real GDP growth across the full available AMA record, divided into three labeled analytical periods.1970–19901990–20102010–202412.80.9-11-22.9-34.91971198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaNorthern EuropeEuropeWorldConstant prices · percent
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Real GDP growth and UN benchmarks

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Formation1970–1990

Unavailable

Change: Unavailable
Integration1990–2010

-10.4% → -3.7%

Average annual rate: +0.5%
Current era2010–2024

-3.7% → -0.0%

Average annual rate: +2.0%
Real GDP growth-0.0%2024 · Published series · World rank 187 of 210 · highest-to-lowest
Real GDP-per-person growth0.5%2024 · Published series · World rank 158 of 210 · highest-to-lowest
Implicit GDP deflator128.02024 · Published series · World rank 73 of 210 · highest-to-lowest
Real growth and output prices: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the real growth and output prices section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Real growth and output prices: annual rates, ranks and comparison indices
Latvia1990Source observation unavailableNot calculable without a source observationNot calculable without a source observationComparable world observation unavailableSource observation unavailableNot calculable without a source observationNot calculable without a source observationComparable world observation unavailable0.4174 of 206 · highest-to-lowest15.6 / 100
Latvia1991-10.4%186 of 206 · highest-to-lowest9.8 / 100-11.6 pp vs world-10.0%183 of 206 · highest-to-lowest11.2 / 100-9.6 pp vs world1.0172 of 206 · highest-to-lowest16.6 / 100
Latvia1992-34.9%203 of 206 · highest-to-lowest1.5 / 100-36.9 pp vs world-34.0%203 of 206 · highest-to-lowest1.5 / 100-34.4 pp vs world11.2144 of 206 · highest-to-lowest30.2 / 100
Latvia1993-14.9%192 of 206 · highest-to-lowest6.8 / 100-16.6 pp vs world-13.2%189 of 206 · highest-to-lowest8.3 / 100-13.4 pp vs world19.2131 of 206 · highest-to-lowest36.6 / 100
Latvia19940.6%161 of 206 · highest-to-lowest22.0 / 100-2.6 pp vs world2.3%94 of 206 · highest-to-lowest54.6 / 100+0.6 pp vs world26.6124 of 206 · highest-to-lowest40.0 / 100
Latvia19950.2%172 of 206 · highest-to-lowest16.6 / 100-2.9 pp vs world1.6%128 of 206 · highest-to-lowest38.0 / 100-0.0 pp vs world32.9118 of 206 · highest-to-lowest42.9 / 100
Latvia19962.3%147 of 206 · highest-to-lowest28.8 / 100-1.3 pp vs world3.5%82 of 206 · highest-to-lowest60.5 / 100+1.4 pp vs world37.2115 of 206 · highest-to-lowest44.4 / 100
Latvia19979.2%20 of 206 · highest-to-lowest90.7 / 100+5.3 pp vs world10.3%11 of 206 · highest-to-lowest95.1 / 100+7.8 pp vs world39.3116 of 206 · highest-to-lowest43.9 / 100
Latvia19986.6%52 of 206 · highest-to-lowest75.1 / 100+3.7 pp vs world7.6%23 of 206 · highest-to-lowest89.3 / 100+6.2 pp vs world41.1113 of 206 · highest-to-lowest45.4 / 100
Latvia19992.8%123 of 206 · highest-to-lowest40.5 / 100-0.8 pp vs world3.7%66 of 206 · highest-to-lowest68.3 / 100+1.5 pp vs world41.7115 of 206 · highest-to-lowest44.4 / 100
Latvia20005.8%56 of 206 · highest-to-lowest73.2 / 100+1.4 pp vs world6.8%29 of 206 · highest-to-lowest86.3 / 100+3.8 pp vs world43.3119 of 206 · highest-to-lowest42.4 / 100
Latvia20016.5%35 of 206 · highest-to-lowest83.4 / 100+4.4 pp vs world7.8%16 of 206 · highest-to-lowest92.7 / 100+7.1 pp vs world44.4122 of 206 · highest-to-lowest41.0 / 100
Latvia20027.7%26 of 206 · highest-to-lowest87.8 / 100+5.5 pp vs world8.9%14 of 206 · highest-to-lowest93.7 / 100+8.1 pp vs world45.8122 of 206 · highest-to-lowest41.0 / 100
Latvia20038.4%30 of 206 · highest-to-lowest85.9 / 100+5.4 pp vs world9.5%14 of 206 · highest-to-lowest93.7 / 100+7.8 pp vs world47.5125 of 206 · highest-to-lowest39.5 / 100
Latvia20048.7%33 of 206 · highest-to-lowest84.4 / 100+4.3 pp vs world9.9%18 of 206 · highest-to-lowest91.7 / 100+6.8 pp vs world50.8123 of 206 · highest-to-lowest40.5 / 100
Latvia200511.6%14 of 206 · highest-to-lowest93.7 / 100+7.6 pp vs world12.8%5 of 206 · highest-to-lowest98.0 / 100+10.2 pp vs world56.1121 of 208 · highest-to-lowest42.0 / 100
Latvia200612.8%15 of 208 · highest-to-lowest93.2 / 100+8.4 pp vs world13.9%6 of 208 · highest-to-lowest97.6 / 100+10.8 pp vs world61.9114 of 208 · highest-to-lowest45.4 / 100
Latvia200710.4%28 of 208 · highest-to-lowest87.0 / 100+6.1 pp vs world11.3%15 of 208 · highest-to-lowest93.2 / 100+8.3 pp vs world73.992 of 208 · highest-to-lowest56.0 / 100
Latvia2008-3.4%199 of 208 · highest-to-lowest4.3 / 100-5.4 pp vs world-2.4%183 of 208 · highest-to-lowest12.1 / 100-3.1 pp vs world83.167 of 210 · highest-to-lowest68.4 / 100
Latvia2009-16.0%207 of 210 · highest-to-lowest1.4 / 100-14.6 pp vs world-14.6%205 of 210 · highest-to-lowest2.4 / 100-12.0 pp vs world78.3101 of 210 · highest-to-lowest52.2 / 100
Latvia2010-3.7%200 of 210 · highest-to-lowest4.8 / 100-8.1 pp vs world-1.6%188 of 210 · highest-to-lowest10.5 / 100-4.7 pp vs world78.0107 of 210 · highest-to-lowest49.3 / 100
Latvia20113.0%124 of 210 · highest-to-lowest41.1 / 100-0.2 pp vs world4.9%52 of 210 · highest-to-lowest75.6 / 100+2.9 pp vs world81.6107 of 210 · highest-to-lowest49.3 / 100
Latvia20127.3%34 of 210 · highest-to-lowest84.2 / 100+4.6 pp vs world8.6%10 of 210 · highest-to-lowest95.7 / 100+7.2 pp vs world84.0110 of 210 · highest-to-lowest47.8 / 100
Latvia20132.1%136 of 210 · highest-to-lowest35.4 / 100-0.7 pp vs world3.2%68 of 210 · highest-to-lowest67.9 / 100+1.7 pp vs world85.6114 of 210 · highest-to-lowest45.9 / 100
Latvia20142.1%142 of 210 · highest-to-lowest32.5 / 100-1.0 pp vs world3.1%74 of 210 · highest-to-lowest65.1 / 100+1.2 pp vs world87.0120 of 210 · highest-to-lowest43.1 / 100
Latvia20153.8%89 of 210 · highest-to-lowest57.9 / 100+0.6 pp vs world4.6%38 of 210 · highest-to-lowest82.3 / 100+2.7 pp vs world87.3130 of 210 · highest-to-lowest38.3 / 100
Latvia20162.6%125 of 210 · highest-to-lowest40.7 / 100-0.2 pp vs world3.5%58 of 210 · highest-to-lowest72.7 / 100+1.9 pp vs world87.9136 of 210 · highest-to-lowest35.4 / 100
Latvia20173.4%103 of 210 · highest-to-lowest51.2 / 100-0.0 pp vs world4.3%46 of 210 · highest-to-lowest78.5 / 100+2.1 pp vs world90.2143 of 210 · highest-to-lowest32.1 / 100
Latvia20184.3%71 of 210 · highest-to-lowest66.5 / 100+1.1 pp vs world5.1%31 of 210 · highest-to-lowest85.6 / 100+3.0 pp vs world93.6137 of 210 · highest-to-lowest34.9 / 100
Latvia20190.7%171 of 210 · highest-to-lowest18.7 / 100-1.9 pp vs world1.4%122 of 210 · highest-to-lowest42.1 / 100-0.2 pp vs world97.7113 of 210 · highest-to-lowest46.4 / 100
Latvia2020-3.5%99 of 210 · highest-to-lowest53.1 / 100-0.5 pp vs world-2.8%66 of 210 · highest-to-lowest68.9 / 100+1.1 pp vs world100.01 of 210 · highest-to-lowest100.0 / 100
Latvia20216.9%69 of 210 · highest-to-lowest67.5 / 100+0.5 pp vs world7.8%46 of 210 · highest-to-lowest78.5 / 100+2.3 pp vs world103.3128 of 210 · highest-to-lowest39.2 / 100
Latvia20221.9%166 of 210 · highest-to-lowest21.1 / 100-1.4 pp vs world2.2%135 of 210 · highest-to-lowest35.9 / 100-0.3 pp vs world113.396 of 210 · highest-to-lowest54.5 / 100
Latvia2023-0.9%196 of 210 · highest-to-lowest6.7 / 100-3.9 pp vs world-1.0%180 of 210 · highest-to-lowest14.4 / 100-3.0 pp vs world125.460 of 210 · highest-to-lowest71.8 / 100
Latvia2024-0.0%187 of 210 · highest-to-lowest11.0 / 100-2.9 pp vs world0.5%158 of 210 · highest-to-lowest24.9 / 100-1.4 pp vs world128.073 of 210 · highest-to-lowest65.6 / 100

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

The implicit GDP deflator covers domestically produced output and is not a consumer price index. Annual growth can be volatile.

Latest common comparison

Europe1.3%2024
Northern Europe1.3%2024
World2.8%2024

05 · Consumption and domestic demand

How is output used for consumption and domestic demand?

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Full historical record

Final Consumption

Household and government consumption sit inside final consumption; domestic demand also includes capital formation.

Latvia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Final Consumption across the full available AMA record, divided into three labeled analytical periods.1970–19901990–20102010–202489.780.671.462.2531970198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaNorthern EuropeEuropeWorldCurrent prices · national currency · percent
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Final consumption and UN benchmarks

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Formation1970–1990

63.0% → 63.0%

Percentage-point change: 0.0 pp
Integration1990–2010

63.0% → 81.2%

Percentage-point change: +18.2 pp
Current era2010–2024

81.2% → 80.7%

Percentage-point change: -0.5 pp
Final consumption80.7%2024 · Published series · World rank 99 of 210 · highest-to-lowest
Household consumption58.8%2024 · Published series · World rank 127 of 209 · highest-to-lowest
Government consumption21.9%2024 · Published series · World rank 45 of 209 · highest-to-lowest
Domestic demand101.6%2024 · Derived measure · World rank 110 of 209 · highest-to-lowest
Consumption and domestic demand: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the consumption and domestic demand section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Consumption and domestic demand: annual rates, ranks and comparison indices
Latvia199063.0%185 of 206 · highest-to-lowest10.2 / 100-11.8 pp vs world54.8%143 of 205 · highest-to-lowest30.4 / 100-3.3 pp vs world8.2%186 of 205 · highest-to-lowest9.3 / 100-8.5 pp vs world105.3%88 of 205 · highest-to-lowest57.4 / 100+4.7 pp vs world
Latvia199158.0%198 of 206 · highest-to-lowest3.9 / 100-17.1 pp vs world48.1%178 of 205 · highest-to-lowest13.2 / 100-10.1 pp vs world9.9%176 of 205 · highest-to-lowest14.2 / 100-7.0 pp vs world93.6%174 of 205 · highest-to-lowest15.2 / 100-6.7 pp vs world
Latvia199253.0%199 of 206 · highest-to-lowest3.4 / 100-22.3 pp vs world41.0%194 of 205 · highest-to-lowest5.4 / 100-17.4 pp vs world12.0%151 of 205 · highest-to-lowest26.5 / 100-4.8 pp vs world96.6%164 of 205 · highest-to-lowest20.1 / 100-3.3 pp vs world
Latvia199375.8%143 of 206 · highest-to-lowest30.7 / 100+0.3 pp vs world54.6%155 of 205 · highest-to-lowest24.5 / 100-4.2 pp vs world21.3%58 of 205 · highest-to-lowest72.1 / 100+4.6 pp vs world85.5%196 of 205 · highest-to-lowest4.4 / 100-14.2 pp vs world
Latvia199480.4%107 of 206 · highest-to-lowest48.3 / 100+4.9 pp vs world61.0%113 of 205 · highest-to-lowest45.1 / 100+2.1 pp vs world19.4%67 of 205 · highest-to-lowest67.6 / 100+2.8 pp vs world100.6%121 of 205 · highest-to-lowest41.2 / 100+0.7 pp vs world
Latvia199588.8%56 of 206 · highest-to-lowest73.2 / 100+13.9 pp vs world66.4%94 of 205 · highest-to-lowest54.4 / 100+7.9 pp vs world22.4%47 of 205 · highest-to-lowest77.5 / 100+6.0 pp vs world104.9%89 of 205 · highest-to-lowest56.9 / 100+5.4 pp vs world
Latvia199689.7%56 of 206 · highest-to-lowest73.2 / 100+14.7 pp vs world68.7%85 of 205 · highest-to-lowest58.8 / 100+9.9 pp vs world21.1%53 of 205 · highest-to-lowest74.5 / 100+4.9 pp vs world109.3%66 of 205 · highest-to-lowest68.1 / 100+9.8 pp vs world
Latvia199788.0%65 of 206 · highest-to-lowest68.8 / 100+12.9 pp vs world67.8%88 of 205 · highest-to-lowest57.4 / 100+8.7 pp vs world20.2%58 of 205 · highest-to-lowest72.1 / 100+4.2 pp vs world109.3%64 of 205 · highest-to-lowest69.1 / 100+9.9 pp vs world
Latvia199886.3%81 of 206 · highest-to-lowest61.0 / 100+10.7 pp vs world64.5%105 of 205 · highest-to-lowest49.0 / 100+4.9 pp vs world21.9%46 of 205 · highest-to-lowest77.9 / 100+5.8 pp vs world112.4%57 of 205 · highest-to-lowest72.5 / 100+12.8 pp vs world
Latvia199987.5%72 of 206 · highest-to-lowest65.4 / 100+11.7 pp vs world65.8%102 of 205 · highest-to-lowest50.5 / 100+6.0 pp vs world21.7%42 of 205 · highest-to-lowest79.9 / 100+5.7 pp vs world110.1%62 of 205 · highest-to-lowest70.1 / 100+10.3 pp vs world
Latvia200083.2%90 of 206 · highest-to-lowest56.6 / 100+7.6 pp vs world63.0%112 of 205 · highest-to-lowest45.6 / 100+3.4 pp vs world20.2%50 of 205 · highest-to-lowest76.0 / 100+4.3 pp vs world108.2%76 of 205 · highest-to-lowest63.2 / 100+8.3 pp vs world
Latvia200182.3%102 of 206 · highest-to-lowest50.7 / 100+5.9 pp vs world62.3%117 of 205 · highest-to-lowest43.1 / 100+2.1 pp vs world20.0%51 of 205 · highest-to-lowest75.5 / 100+3.8 pp vs world110.6%61 of 205 · highest-to-lowest70.6 / 100+10.6 pp vs world
Latvia200281.8%101 of 206 · highest-to-lowest51.2 / 100+5.0 pp vs world61.4%120 of 205 · highest-to-lowest41.7 / 100+1.2 pp vs world20.5%51 of 205 · highest-to-lowest75.5 / 100+3.9 pp vs world110.5%60 of 205 · highest-to-lowest71.1 / 100+10.7 pp vs world
Latvia200382.1%101 of 206 · highest-to-lowest51.2 / 100+5.4 pp vs world61.3%122 of 205 · highest-to-lowest40.7 / 100+1.4 pp vs world20.8%44 of 205 · highest-to-lowest78.9 / 100+4.0 pp vs world113.1%53 of 205 · highest-to-lowest74.5 / 100+13.2 pp vs world
Latvia200481.6%103 of 206 · highest-to-lowest50.2 / 100+5.8 pp vs world62.3%118 of 205 · highest-to-lowest42.6 / 100+3.2 pp vs world19.3%56 of 205 · highest-to-lowest73.0 / 100+2.6 pp vs world116.0%45 of 205 · highest-to-lowest78.4 / 100+16.2 pp vs world
Latvia200578.5%118 of 208 · highest-to-lowest43.5 / 100+3.1 pp vs world61.1%120 of 207 · highest-to-lowest42.2 / 100+2.4 pp vs world17.4%70 of 207 · highest-to-lowest66.5 / 100+0.8 pp vs world114.9%55 of 207 · highest-to-lowest73.8 / 100+15.3 pp vs world
Latvia200680.0%103 of 208 · highest-to-lowest50.7 / 100+5.5 pp vs world63.1%104 of 207 · highest-to-lowest50.0 / 100+5.1 pp vs world16.9%75 of 207 · highest-to-lowest64.1 / 100+0.4 pp vs world121.8%35 of 207 · highest-to-lowest83.5 / 100+22.5 pp vs world
Latvia200776.4%123 of 208 · highest-to-lowest41.1 / 100+2.5 pp vs world59.0%126 of 207 · highest-to-lowest39.3 / 100+1.5 pp vs world17.5%70 of 207 · highest-to-lowest66.5 / 100+1.0 pp vs world120.1%47 of 207 · highest-to-lowest77.7 / 100+20.8 pp vs world
Latvia200876.3%124 of 210 · highest-to-lowest41.1 / 100+2.4 pp vs world56.5%140 of 209 · highest-to-lowest33.2 / 100-0.6 pp vs world19.9%44 of 209 · highest-to-lowest79.3 / 100+3.0 pp vs world113.3%70 of 209 · highest-to-lowest66.8 / 100+14.0 pp vs world
Latvia200978.8%125 of 210 · highest-to-lowest40.7 / 100+2.8 pp vs world59.3%132 of 209 · highest-to-lowest37.0 / 100+1.2 pp vs world19.5%70 of 209 · highest-to-lowest66.8 / 100+1.6 pp vs world102.0%118 of 209 · highest-to-lowest43.8 / 100+2.6 pp vs world
Latvia201081.2%100 of 210 · highest-to-lowest52.6 / 100+6.7 pp vs world62.7%111 of 209 · highest-to-lowest47.1 / 100+5.6 pp vs world18.5%73 of 209 · highest-to-lowest65.4 / 100+1.1 pp vs world102.1%114 of 209 · highest-to-lowest45.7 / 100+3.0 pp vs world
Latvia201179.4%111 of 210 · highest-to-lowest47.4 / 100+5.6 pp vs world60.9%121 of 209 · highest-to-lowest42.3 / 100+4.3 pp vs world18.5%74 of 209 · highest-to-lowest64.9 / 100+1.2 pp vs world106.1%93 of 209 · highest-to-lowest55.8 / 100+7.1 pp vs world
Latvia201276.9%136 of 210 · highest-to-lowest35.4 / 100+3.2 pp vs world59.7%129 of 209 · highest-to-lowest38.5 / 100+3.1 pp vs world17.2%95 of 209 · highest-to-lowest54.8 / 100+0.1 pp vs world105.5%99 of 209 · highest-to-lowest52.9 / 100+6.5 pp vs world
Latvia201379.2%115 of 210 · highest-to-lowest45.5 / 100+5.6 pp vs world61.4%122 of 209 · highest-to-lowest41.8 / 100+4.8 pp vs world17.8%90 of 209 · highest-to-lowest57.2 / 100+0.9 pp vs world104.5%104 of 209 · highest-to-lowest50.5 / 100+5.5 pp vs world
Latvia201478.2%124 of 210 · highest-to-lowest41.1 / 100+4.7 pp vs world60.1%130 of 209 · highest-to-lowest38.0 / 100+3.5 pp vs world18.1%86 of 209 · highest-to-lowest59.1 / 100+1.3 pp vs world102.9%109 of 209 · highest-to-lowest48.1 / 100+3.6 pp vs world
Latvia201577.0%132 of 210 · highest-to-lowest37.3 / 100+3.3 pp vs world58.9%132 of 209 · highest-to-lowest37.0 / 100+1.8 pp vs world18.2%83 of 209 · highest-to-lowest60.6 / 100+1.6 pp vs world101.2%123 of 209 · highest-to-lowest41.3 / 100+1.7 pp vs world
Latvia201677.7%124 of 210 · highest-to-lowest41.1 / 100+3.9 pp vs world59.7%128 of 209 · highest-to-lowest38.9 / 100+2.4 pp vs world18.0%87 of 209 · highest-to-lowest58.7 / 100+1.4 pp vs world99.5%137 of 209 · highest-to-lowest34.6 / 100+0.2 pp vs world
Latvia201777.7%119 of 210 · highest-to-lowest43.5 / 100+4.4 pp vs world59.4%126 of 209 · highest-to-lowest39.9 / 100+2.5 pp vs world18.3%77 of 209 · highest-to-lowest63.5 / 100+1.9 pp vs world100.4%120 of 209 · highest-to-lowest42.8 / 100+1.2 pp vs world
Latvia201876.6%123 of 210 · highest-to-lowest41.6 / 100+3.8 pp vs world58.4%130 of 209 · highest-to-lowest38.0 / 100+2.1 pp vs world18.2%79 of 209 · highest-to-lowest62.5 / 100+1.8 pp vs world100.5%128 of 209 · highest-to-lowest38.9 / 100+1.4 pp vs world
Latvia201976.9%125 of 210 · highest-to-lowest40.7 / 100+3.9 pp vs world57.4%134 of 209 · highest-to-lowest36.1 / 100+1.0 pp vs world19.5%65 of 209 · highest-to-lowest69.2 / 100+2.9 pp vs world100.2%123 of 209 · highest-to-lowest41.3 / 100+0.8 pp vs world
Latvia202076.4%141 of 210 · highest-to-lowest33.0 / 100+3.2 pp vs world55.4%146 of 209 · highest-to-lowest30.3 / 100-0.0 pp vs world21.0%72 of 209 · highest-to-lowest65.9 / 100+3.2 pp vs world98.6%142 of 209 · highest-to-lowest32.2 / 100-0.9 pp vs world
Latvia202177.5%122 of 210 · highest-to-lowest42.1 / 100+5.5 pp vs world55.6%137 of 209 · highest-to-lowest34.6 / 100+0.7 pp vs world21.8%50 of 209 · highest-to-lowest76.4 / 100+4.8 pp vs world103.2%104 of 209 · highest-to-lowest50.5 / 100+4.2 pp vs world
Latvia202280.2%105 of 210 · highest-to-lowest50.2 / 100+8.3 pp vs world59.5%121 of 209 · highest-to-lowest42.3 / 100+4.0 pp vs world20.7%52 of 209 · highest-to-lowest75.5 / 100+4.3 pp vs world104.9%97 of 209 · highest-to-lowest53.8 / 100+5.7 pp vs world
Latvia202379.0%113 of 210 · highest-to-lowest46.4 / 100+6.0 pp vs world58.0%131 of 209 · highest-to-lowest37.5 / 100+1.5 pp vs world21.0%48 of 209 · highest-to-lowest77.4 / 100+4.5 pp vs world103.7%97 of 209 · highest-to-lowest53.8 / 100+4.4 pp vs world
Latvia202480.7%99 of 210 · highest-to-lowest53.1 / 100+7.5 pp vs world58.8%127 of 209 · highest-to-lowest39.4 / 100+2.2 pp vs world21.9%45 of 209 · highest-to-lowest78.8 / 100+5.3 pp vs world101.6%110 of 209 · highest-to-lowest47.6 / 100+2.4 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Parent aggregates and their components should not be added together. Shares describe composition, not the quality of spending.

Latest common comparison

Europe74.5%2024
Northern Europe74.0%2024
World73.2%2024

06 · Investment and capital formation

How much current output is directed toward capital formation?

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Full historical record

Gross Capital Formation

Gross capital formation combines fixed investment and inventory change as shares of GDP.

Latvia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Gross Capital Formation across the full available AMA record, divided into three labeled analytical periods.1970–19901990–20102010–202443.735.226.718.29.71970198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaNorthern EuropeEuropeWorldCurrent prices · national currency · percent
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Gross capital formation and UN benchmarks

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Formation1970–1990

42.3% → 42.3%

Percentage-point change: 0.0 pp
Integration1990–2010

42.3% → 20.9%

Percentage-point change: -21.4 pp
Current era2010–2024

20.9% → 20.9%

Percentage-point change: -0.0 pp
Gross capital formation20.9%2024 · Published series · World rank 127 of 209 · highest-to-lowest
Gross fixed capital formation22.5%2024 · Published series · World rank 101 of 209 · highest-to-lowest
Changes in inventories-1.6%2024 · Published series · World rank 152 of 163 · highest-to-lowest
Investment and capital formation: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the investment and capital formation section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Investment and capital formation: annual rates, ranks and comparison indices
Latvia199042.3%10 of 205 · highest-to-lowest95.6 / 100+16.5 pp vs world24.1%79 of 205 · highest-to-lowest61.8 / 100-0.9 pp vs world18.2%1 of 174 · highest-to-lowest100.0 / 100+17.5 pp vs world
Latvia199135.6%22 of 205 · highest-to-lowest89.7 / 100+10.4 pp vs world6.4%202 of 205 · highest-to-lowest1.5 / 100-17.9 pp vs world29.2%1 of 172 · highest-to-lowest100.0 / 100+28.3 pp vs world
Latvia199243.6%6 of 205 · highest-to-lowest97.5 / 100+18.9 pp vs world11.7%189 of 205 · highest-to-lowest7.8 / 100-12.2 pp vs world31.9%2 of 167 · highest-to-lowest99.4 / 100+31.1 pp vs world
Latvia19939.7%194 of 205 · highest-to-lowest5.4 / 100-14.5 pp vs world14.4%172 of 205 · highest-to-lowest16.2 / 100-9.3 pp vs world-4.7%161 of 170 · highest-to-lowest5.3 / 100-5.2 pp vs world
Latvia199420.2%122 of 205 · highest-to-lowest40.7 / 100-4.2 pp vs world15.6%165 of 205 · highest-to-lowest19.6 / 100-8.1 pp vs world4.7%19 of 170 · highest-to-lowest89.3 / 100+3.9 pp vs world
Latvia199516.1%173 of 205 · highest-to-lowest15.7 / 100-8.5 pp vs world14.2%175 of 205 · highest-to-lowest14.7 / 100-9.5 pp vs world1.9%59 of 171 · highest-to-lowest65.9 / 100+1.0 pp vs world
Latvia199619.5%137 of 205 · highest-to-lowest33.3 / 100-4.9 pp vs world18.1%149 of 205 · highest-to-lowest27.5 / 100-5.6 pp vs world1.4%59 of 171 · highest-to-lowest65.9 / 100+0.7 pp vs world
Latvia199721.3%121 of 205 · highest-to-lowest41.2 / 100-3.0 pp vs world17.6%151 of 205 · highest-to-lowest26.5 / 100-5.9 pp vs world3.8%24 of 172 · highest-to-lowest86.5 / 100+2.9 pp vs world
Latvia199826.1%77 of 205 · highest-to-lowest62.7 / 100+2.1 pp vs world24.0%78 of 205 · highest-to-lowest62.3 / 100+0.7 pp vs world2.0%38 of 168 · highest-to-lowest77.8 / 100+1.4 pp vs world
Latvia199922.6%100 of 205 · highest-to-lowest51.5 / 100-1.3 pp vs world22.9%91 of 205 · highest-to-lowest55.9 / 100-0.6 pp vs world-0.3%130 of 168 · highest-to-lowest22.8 / 100-0.8 pp vs world
Latvia200025.0%70 of 205 · highest-to-lowest66.2 / 100+0.7 pp vs world25.2%53 of 205 · highest-to-lowest74.5 / 100+1.5 pp vs world-0.2%150 of 170 · highest-to-lowest11.8 / 100-0.9 pp vs world
Latvia200128.3%38 of 205 · highest-to-lowest81.9 / 100+4.7 pp vs world27.2%39 of 205 · highest-to-lowest81.4 / 100+3.9 pp vs world1.1%66 of 172 · highest-to-lowest62.0 / 100+0.9 pp vs world
Latvia200228.6%34 of 205 · highest-to-lowest83.8 / 100+5.6 pp vs world24.3%65 of 205 · highest-to-lowest68.6 / 100+1.6 pp vs world4.3%12 of 175 · highest-to-lowest93.7 / 100+4.0 pp vs world
Latvia200331.0%27 of 205 · highest-to-lowest87.3 / 100+7.8 pp vs world25.4%58 of 205 · highest-to-lowest72.1 / 100+2.6 pp vs world5.6%11 of 174 · highest-to-lowest94.2 / 100+5.2 pp vs world
Latvia200434.4%17 of 205 · highest-to-lowest92.2 / 100+10.5 pp vs world29.4%26 of 205 · highest-to-lowest87.7 / 100+6.3 pp vs world4.9%15 of 178 · highest-to-lowest92.1 / 100+4.1 pp vs world
Latvia200536.4%17 of 207 · highest-to-lowest92.2 / 100+12.1 pp vs world32.0%22 of 207 · highest-to-lowest89.8 / 100+8.4 pp vs world4.4%19 of 178 · highest-to-lowest89.8 / 100+3.7 pp vs world
Latvia200641.8%6 of 207 · highest-to-lowest97.6 / 100+17.0 pp vs world35.3%18 of 207 · highest-to-lowest91.7 / 100+11.3 pp vs world6.5%10 of 180 · highest-to-lowest95.0 / 100+5.7 pp vs world
Latvia200743.7%9 of 207 · highest-to-lowest96.1 / 100+18.4 pp vs world38.1%11 of 207 · highest-to-lowest95.1 / 100+13.8 pp vs world5.5%13 of 179 · highest-to-lowest93.3 / 100+4.6 pp vs world
Latvia200837.0%29 of 209 · highest-to-lowest86.5 / 100+11.6 pp vs world33.4%30 of 209 · highest-to-lowest86.1 / 100+9.0 pp vs world3.6%33 of 180 · highest-to-lowest82.1 / 100+2.6 pp vs world
Latvia200923.2%97 of 209 · highest-to-lowest53.8 / 100-0.2 pp vs world22.9%101 of 209 · highest-to-lowest51.9 / 100-0.7 pp vs world0.3%78 of 179 · highest-to-lowest56.7 / 100+0.6 pp vs world
Latvia201020.9%136 of 209 · highest-to-lowest35.1 / 100-3.6 pp vs world19.5%146 of 209 · highest-to-lowest30.3 / 100-4.0 pp vs world1.4%57 of 178 · highest-to-lowest68.4 / 100+0.4 pp vs world
Latvia201126.8%64 of 209 · highest-to-lowest69.7 / 100+1.5 pp vs world23.7%82 of 209 · highest-to-lowest61.1 / 100-0.3 pp vs world3.0%32 of 179 · highest-to-lowest82.6 / 100+1.8 pp vs world
Latvia201228.6%53 of 209 · highest-to-lowest75.0 / 100+3.3 pp vs world27.0%54 of 209 · highest-to-lowest74.5 / 100+2.5 pp vs world1.6%56 of 178 · highest-to-lowest68.9 / 100+0.7 pp vs world
Latvia201325.3%78 of 209 · highest-to-lowest63.0 / 100-0.1 pp vs world25.0%73 of 209 · highest-to-lowest65.4 / 100+0.4 pp vs world0.3%106 of 176 · highest-to-lowest40.0 / 100-0.5 pp vs world
Latvia201424.7%92 of 209 · highest-to-lowest56.3 / 100-1.1 pp vs world23.7%87 of 209 · highest-to-lowest58.7 / 100-1.2 pp vs world1.0%59 of 175 · highest-to-lowest66.7 / 100+0.1 pp vs world
Latvia201524.1%97 of 209 · highest-to-lowest53.8 / 100-1.6 pp vs world22.3%116 of 209 · highest-to-lowest44.7 / 100-2.7 pp vs world1.8%37 of 176 · highest-to-lowest79.4 / 100+1.1 pp vs world
Latvia201621.8%121 of 209 · highest-to-lowest42.3 / 100-3.6 pp vs world20.2%132 of 209 · highest-to-lowest37.0 / 100-4.7 pp vs world1.6%40 of 176 · highest-to-lowest77.7 / 100+1.1 pp vs world
Latvia201722.7%105 of 209 · highest-to-lowest50.0 / 100-3.2 pp vs world21.5%113 of 209 · highest-to-lowest46.2 / 100-3.6 pp vs world1.2%60 of 175 · highest-to-lowest66.1 / 100+0.4 pp vs world
Latvia201823.9%96 of 209 · highest-to-lowest54.3 / 100-2.5 pp vs world22.9%92 of 209 · highest-to-lowest56.3 / 100-2.7 pp vs world1.0%78 of 175 · highest-to-lowest55.7 / 100+0.2 pp vs world
Latvia201923.3%101 of 209 · highest-to-lowest51.9 / 100-3.1 pp vs world22.7%98 of 209 · highest-to-lowest53.4 / 100-3.1 pp vs world0.6%87 of 174 · highest-to-lowest50.3 / 100+0.1 pp vs world
Latvia202022.2%108 of 209 · highest-to-lowest48.6 / 100-4.1 pp vs world23.1%86 of 209 · highest-to-lowest59.1 / 100-2.9 pp vs world-0.9%146 of 173 · highest-to-lowest15.7 / 100-1.2 pp vs world
Latvia202125.7%76 of 209 · highest-to-lowest63.9 / 100-1.3 pp vs world22.9%100 of 209 · highest-to-lowest52.4 / 100-3.1 pp vs world2.8%38 of 171 · highest-to-lowest78.2 / 100+1.8 pp vs world
Latvia202224.7%94 of 209 · highest-to-lowest55.3 / 100-2.5 pp vs world23.4%85 of 209 · highest-to-lowest59.6 / 100-2.6 pp vs world1.3%85 of 170 · highest-to-lowest50.3 / 100+0.0 pp vs world
Latvia202324.7%85 of 209 · highest-to-lowest59.6 / 100-1.6 pp vs world24.1%79 of 209 · highest-to-lowest62.5 / 100-1.7 pp vs world0.6%72 of 169 · highest-to-lowest57.7 / 100+0.1 pp vs world
Latvia202420.9%127 of 209 · highest-to-lowest39.4 / 100-5.1 pp vs world22.5%101 of 209 · highest-to-lowest51.9 / 100-2.9 pp vs world-1.6%152 of 163 · highest-to-lowest6.8 / 100-2.1 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

A larger investment share is not automatically better; depreciation, utilization and project quality are outside this accounting measure.

Latest common comparison

Europe21.8%2024
Northern Europe20.5%2024
World26.0%2024

07 · Trade structure and external balance

How exposed is the economy to trade, and what is the external balance?

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Full historical record

Trade openness

Exports, imports, openness and net exports distinguish exposure from surplus or deficit.

Latvia is shown against compatible UN benchmarks. The three fixed eras are labeled on the chart and summarized below.

Trade openness across the full available AMA record, divided into three labeled analytical periods.1970–19901990–20102010–2024159.9125.591.256.922.51970198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaNorthern EuropeEuropeWorldCurrent prices · percent
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Trade openness and UN benchmarks

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Formation1970–1990

82.9% → 82.9%

Percentage-point change: 0.0 pp
Integration1990–2010

82.9% → 110.9%

Percentage-point change: +27.9 pp
Current era2010–2024

110.9% → 132.3%

Percentage-point change: +21.4 pp
Exports65.3%2024 · Published series · World rank 41 of 210 · highest-to-lowest
Imports66.9%2024 · Published series · World rank 47 of 210 · highest-to-lowest
Net exports-1.6%2024 · Derived measure · World rank 101 of 210 · highest-to-lowest
Trade openness132.3%2024 · Derived measure · World rank 38 of 210 · highest-to-lowest
Trade structure and external balance: annual rates, ranks and comparison indices35 annual rows

Annual non-duplicative measures used in the trade structure and external balance section. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Trade structure and external balance: annual rates, ranks and comparison indices
Latvia199039.4%71 of 206 · highest-to-lowest65.9 / 100+20.4 pp vs world43.5%78 of 206 · highest-to-lowest62.4 / 100+24.4 pp vs world-4.2%107 of 206 · highest-to-lowest48.3 / 100-3.9 pp vs world82.9%75 of 206 · highest-to-lowest63.9 / 100+44.8 pp vs world
Latvia199129.1%93 of 206 · highest-to-lowest55.1 / 100+10.5 pp vs world22.6%158 of 206 · highest-to-lowest23.4 / 100+4.0 pp vs world6.4%23 of 206 · highest-to-lowest89.3 / 100+6.5 pp vs world51.7%125 of 206 · highest-to-lowest39.5 / 100+14.5 pp vs world
Latvia199266.0%19 of 206 · highest-to-lowest91.2 / 100+46.2 pp vs world64.9%38 of 206 · highest-to-lowest82.0 / 100+45.5 pp vs world1.1%61 of 206 · highest-to-lowest70.7 / 100+0.7 pp vs world130.9%25 of 206 · highest-to-lowest88.3 / 100+91.7 pp vs world
Latvia199360.4%24 of 206 · highest-to-lowest88.8 / 100+41.6 pp vs world50.6%65 of 206 · highest-to-lowest68.8 / 100+32.3 pp vs world9.8%15 of 206 · highest-to-lowest93.2 / 100+9.3 pp vs world111.1%39 of 206 · highest-to-lowest81.5 / 100+73.9 pp vs world
Latvia199438.3%73 of 206 · highest-to-lowest64.9 / 100+18.9 pp vs world39.4%96 of 206 · highest-to-lowest53.7 / 100+20.5 pp vs world-1.1%87 of 206 · highest-to-lowest58.0 / 100-1.6 pp vs world77.8%87 of 206 · highest-to-lowest58.0 / 100+39.4 pp vs world
Latvia199535.7%87 of 206 · highest-to-lowest58.0 / 100+15.1 pp vs world40.6%98 of 206 · highest-to-lowest52.7 / 100+20.4 pp vs world-4.9%114 of 206 · highest-to-lowest44.9 / 100-5.4 pp vs world76.3%93 of 206 · highest-to-lowest55.1 / 100+35.5 pp vs world
Latvia199641.6%68 of 206 · highest-to-lowest67.3 / 100+20.5 pp vs world50.9%70 of 206 · highest-to-lowest66.3 / 100+30.3 pp vs world-9.3%138 of 206 · highest-to-lowest33.2 / 100-9.7 pp vs world92.6%68 of 206 · highest-to-lowest67.3 / 100+50.8 pp vs world
Latvia199740.8%73 of 206 · highest-to-lowest64.9 / 100+18.8 pp vs world50.1%73 of 206 · highest-to-lowest64.9 / 100+28.6 pp vs world-9.3%144 of 206 · highest-to-lowest30.2 / 100-9.8 pp vs world90.9%74 of 206 · highest-to-lowest64.4 / 100+47.4 pp vs world
Latvia199840.3%68 of 206 · highest-to-lowest67.3 / 100+18.5 pp vs world52.7%64 of 206 · highest-to-lowest69.3 / 100+31.3 pp vs world-12.4%149 of 206 · highest-to-lowest27.8 / 100-12.8 pp vs world93.0%63 of 206 · highest-to-lowest69.8 / 100+49.8 pp vs world
Latvia199936.0%91 of 206 · highest-to-lowest56.1 / 100+14.2 pp vs world46.1%83 of 206 · highest-to-lowest60.0 / 100+24.5 pp vs world-10.1%143 of 206 · highest-to-lowest30.7 / 100-10.3 pp vs world82.2%91 of 206 · highest-to-lowest56.1 / 100+38.7 pp vs world
Latvia200037.7%93 of 206 · highest-to-lowest55.1 / 100+14.2 pp vs world45.9%86 of 206 · highest-to-lowest58.5 / 100+22.5 pp vs world-8.2%133 of 206 · highest-to-lowest35.6 / 100-8.3 pp vs world83.6%94 of 206 · highest-to-lowest54.6 / 100+36.6 pp vs world
Latvia200138.8%84 of 206 · highest-to-lowest59.5 / 100+15.9 pp vs world49.4%72 of 206 · highest-to-lowest65.4 / 100+26.4 pp vs world-10.6%147 of 206 · highest-to-lowest28.8 / 100-10.6 pp vs world88.2%77 of 206 · highest-to-lowest62.9 / 100+42.3 pp vs world
Latvia200237.8%90 of 206 · highest-to-lowest56.6 / 100+14.6 pp vs world48.2%72 of 206 · highest-to-lowest65.4 / 100+25.2 pp vs world-10.5%146 of 206 · highest-to-lowest29.3 / 100-10.7 pp vs world86.0%82 of 206 · highest-to-lowest60.5 / 100+39.8 pp vs world
Latvia200337.7%88 of 206 · highest-to-lowest57.6 / 100+13.8 pp vs world50.8%68 of 206 · highest-to-lowest67.3 / 100+27.1 pp vs world-13.1%156 of 206 · highest-to-lowest24.4 / 100-13.3 pp vs world88.6%77 of 206 · highest-to-lowest62.9 / 100+40.9 pp vs world
Latvia200440.6%85 of 206 · highest-to-lowest59.0 / 100+14.9 pp vs world56.6%56 of 206 · highest-to-lowest73.2 / 100+31.2 pp vs world-16.0%165 of 206 · highest-to-lowest20.0 / 100-16.3 pp vs world97.2%63 of 206 · highest-to-lowest69.8 / 100+46.0 pp vs world
Latvia200544.8%79 of 208 · highest-to-lowest62.3 / 100+17.8 pp vs world59.7%54 of 208 · highest-to-lowest74.4 / 100+33.1 pp vs world-14.9%153 of 208 · highest-to-lowest26.6 / 100-15.3 pp vs world104.5%62 of 208 · highest-to-lowest70.5 / 100+50.8 pp vs world
Latvia200642.0%88 of 208 · highest-to-lowest58.0 / 100+13.2 pp vs world63.7%51 of 208 · highest-to-lowest75.8 / 100+35.7 pp vs world-21.8%173 of 208 · highest-to-lowest16.9 / 100-22.4 pp vs world105.7%61 of 208 · highest-to-lowest71.0 / 100+48.9 pp vs world
Latvia200740.4%92 of 208 · highest-to-lowest56.0 / 100+10.8 pp vs world60.5%57 of 208 · highest-to-lowest72.9 / 100+31.6 pp vs world-20.1%161 of 208 · highest-to-lowest22.7 / 100-20.8 pp vs world100.9%71 of 208 · highest-to-lowest66.2 / 100+42.4 pp vs world
Latvia200841.2%92 of 210 · highest-to-lowest56.5 / 100+10.3 pp vs world54.5%80 of 210 · highest-to-lowest62.2 / 100+24.3 pp vs world-13.3%139 of 210 · highest-to-lowest34.0 / 100-14.0 pp vs world95.8%88 of 210 · highest-to-lowest58.4 / 100+34.6 pp vs world
Latvia200943.4%75 of 210 · highest-to-lowest64.6 / 100+17.1 pp vs world45.4%91 of 210 · highest-to-lowest56.9 / 100+19.8 pp vs world-2.0%93 of 210 · highest-to-lowest56.0 / 100-2.7 pp vs world88.8%79 of 210 · highest-to-lowest62.7 / 100+37.0 pp vs world
Latvia201054.4%46 of 210 · highest-to-lowest78.5 / 100+25.8 pp vs world56.5%66 of 210 · highest-to-lowest68.9 / 100+28.8 pp vs world-2.1%97 of 210 · highest-to-lowest54.1 / 100-3.1 pp vs world110.9%50 of 210 · highest-to-lowest76.6 / 100+54.6 pp vs world
Latvia201161.8%44 of 210 · highest-to-lowest79.4 / 100+31.4 pp vs world67.9%43 of 210 · highest-to-lowest79.9 / 100+38.5 pp vs world-6.1%119 of 210 · highest-to-lowest43.5 / 100-7.0 pp vs world129.7%39 of 210 · highest-to-lowest81.8 / 100+69.9 pp vs world
Latvia201263.8%42 of 210 · highest-to-lowest80.4 / 100+33.7 pp vs world69.4%42 of 210 · highest-to-lowest80.4 / 100+40.2 pp vs world-5.5%112 of 210 · highest-to-lowest46.9 / 100-6.5 pp vs world133.2%35 of 210 · highest-to-lowest83.7 / 100+73.9 pp vs world
Latvia201362.6%43 of 210 · highest-to-lowest79.9 / 100+32.5 pp vs world67.1%42 of 210 · highest-to-lowest80.4 / 100+38.0 pp vs world-4.5%106 of 210 · highest-to-lowest49.8 / 100-5.5 pp vs world129.7%40 of 210 · highest-to-lowest81.3 / 100+70.5 pp vs world
Latvia201463.6%41 of 210 · highest-to-lowest80.9 / 100+33.8 pp vs world66.5%40 of 210 · highest-to-lowest81.3 / 100+37.5 pp vs world-2.9%102 of 210 · highest-to-lowest51.7 / 100-3.7 pp vs world130.0%35 of 210 · highest-to-lowest83.7 / 100+71.4 pp vs world
Latvia201562.6%37 of 210 · highest-to-lowest82.8 / 100+34.5 pp vs world63.8%44 of 210 · highest-to-lowest79.4 / 100+36.3 pp vs world-1.2%87 of 210 · highest-to-lowest58.9 / 100-1.8 pp vs world126.4%38 of 210 · highest-to-lowest82.3 / 100+70.8 pp vs world
Latvia201661.9%39 of 210 · highest-to-lowest81.8 / 100+34.7 pp vs world61.4%45 of 210 · highest-to-lowest78.9 / 100+35.0 pp vs world0.5%72 of 210 · highest-to-lowest66.0 / 100-0.3 pp vs world123.3%37 of 210 · highest-to-lowest82.8 / 100+69.7 pp vs world
Latvia201764.1%39 of 210 · highest-to-lowest81.8 / 100+36.1 pp vs world64.6%41 of 210 · highest-to-lowest80.9 / 100+37.2 pp vs world-0.4%88 of 210 · highest-to-lowest58.4 / 100-1.2 pp vs world128.7%35 of 210 · highest-to-lowest83.7 / 100+73.3 pp vs world
Latvia201863.9%38 of 210 · highest-to-lowest82.3 / 100+34.8 pp vs world64.4%42 of 210 · highest-to-lowest80.4 / 100+36.1 pp vs world-0.5%84 of 210 · highest-to-lowest60.3 / 100-1.3 pp vs world128.2%36 of 210 · highest-to-lowest83.3 / 100+70.9 pp vs world
Latvia201962.5%37 of 210 · highest-to-lowest82.8 / 100+34.4 pp vs world62.8%41 of 210 · highest-to-lowest80.9 / 100+35.3 pp vs world-0.2%87 of 210 · highest-to-lowest58.9 / 100-0.8 pp vs world125.3%35 of 210 · highest-to-lowest83.7 / 100+69.7 pp vs world
Latvia202062.7%29 of 210 · highest-to-lowest86.6 / 100+36.6 pp vs world61.2%44 of 210 · highest-to-lowest79.4 / 100+35.8 pp vs world1.4%71 of 210 · highest-to-lowest66.5 / 100+0.7 pp vs world123.9%29 of 210 · highest-to-lowest86.6 / 100+72.4 pp vs world
Latvia202166.8%35 of 210 · highest-to-lowest83.7 / 100+38.2 pp vs world70.0%34 of 210 · highest-to-lowest84.2 / 100+42.3 pp vs world-3.2%107 of 210 · highest-to-lowest49.3 / 100-4.2 pp vs world136.8%31 of 210 · highest-to-lowest85.6 / 100+80.5 pp vs world
Latvia202277.5%28 of 210 · highest-to-lowest87.1 / 100+46.6 pp vs world82.4%32 of 210 · highest-to-lowest85.2 / 100+52.3 pp vs world-4.9%113 of 210 · highest-to-lowest46.4 / 100-5.7 pp vs world159.9%26 of 210 · highest-to-lowest88.0 / 100+98.9 pp vs world
Latvia202366.0%41 of 210 · highest-to-lowest80.9 / 100+36.9 pp vs world69.7%39 of 210 · highest-to-lowest81.8 / 100+41.3 pp vs world-3.7%112 of 210 · highest-to-lowest46.9 / 100-4.4 pp vs world135.6%32 of 210 · highest-to-lowest85.2 / 100+78.3 pp vs world
Latvia202465.3%41 of 210 · highest-to-lowest80.9 / 100+36.3 pp vs world66.9%47 of 210 · highest-to-lowest78.0 / 100+38.8 pp vs world-1.6%101 of 210 · highest-to-lowest52.2 / 100-2.5 pp vs world132.3%38 of 210 · highest-to-lowest82.3 / 100+75.2 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Trade openness is exports plus imports relative to GDP. Imports are positive in the source but subtracted in the expenditure identity.

Latest common comparison

Europe88.4%2024
Northern Europe93.8%2024
World57.1%2024

08 · Industry mix and structural change

Which activities produce value, and how is the mix changing?

Six mutually exclusive activities show the production structure. Manufacturing remains nested inside its parent activity.

Full historical record

Structural change across six activities

Other activities is the largest current activity at 45.5%. Each activity shows change separately for 1970–1990, 1990–2010, and 2010–current.

AMA activity values measure gross value added, not sales, revenue, shipments, gross output, or physical production.

Agriculture, forestry and fishing4.6%
1970–19900.0 pp1990–2010-17.0 pp2010–2024-0.0 pp

World specialization: 1.09×

Mining, manufacturing and utilities15.2%
1970–19900.0 pp1990–2010-17.1 pp2010–2024-3.3 pp

World specialization: 0.72×

Construction6.0%
1970–19900.0 pp1990–2010-5.4 pp2010–2024+1.0 pp

World specialization: 1.03×

Trade, restaurants and hotels15.9%
1970–19900.0 pp1990–2010+11.8 pp2010–2024-2.3 pp

World specialization: 1.10×

Transport, storage and communication12.7%
1970–19900.0 pp1990–2010+3.1 pp2010–2024-2.8 pp

World specialization: 1.30×

Other activities45.5%
1970–19900.0 pp1990–2010+24.5 pp2010–2024+7.3 pp

World specialization: 1.02×

Industry composition and economic scale

The 100% area view isolates changes in production mix. The current-dollar area view combines those shares with nominal GDP so the total height also shows the expansion or contraction of the economy.

A one-hundred-percent stacked area chart showing the changing share of six industries.0%25%50%75%100%19902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

Agriculture, forestry and fishingMining, manufacturing and utilitiesConstructionTrade, restaurants and hotelsTransport, storage and communicationOther activitiesShare of total gross value added
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Broad industry structure over time

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Formation1970–1990

13.7% → 13.7%

Percentage-point change: 0.0 pp
Integration1990–2010

13.7% → 38.2%

Percentage-point change: +24.5 pp
Current era2010–2024

38.2% → 45.5%

Percentage-point change: +7.3 pp
How to read specialization

World specialization compares an activity's share of this country's gross value added with that activity's share of world gross value added. A result of 1.00× means the shares match; above 1.00× means the activity is relatively more prominent locally, while below 1.00× means it is relatively less prominent. It describes economic structure, not productivity or competitiveness.

Current specialization against world

Agriculture, forestry and fishing1.09×
Mining, manufacturing and utilities0.72×
Construction1.03×
Trade, restaurants and hotels1.10×
Transport, storage and communication1.30×
Other activities1.02×
Industry mix, specialization and world comparison table35 annual rows

Annual shares for the six mutually exclusive broad industries, with world comparisons and ranks wherever comparable data exist. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Industry mix, specialization and world comparison table
Latvia199021.7%63 of 204 · highest-to-lowest69.5 / 100+16.5 pp vs world35.7%32 of 206 · highest-to-lowest84.9 / 100+9.1 pp vs world10.3%22 of 206 · highest-to-lowest89.8 / 100+4.1 pp vs world6.3%190 of 205 · highest-to-lowest7.4 / 100-8.2 pp vs world12.4%19 of 205 · highest-to-lowest91.2 / 100+4.2 pp vs world13.7%197 of 206 · highest-to-lowest4.4 / 100-25.9 pp vs world
Latvia199123.1%59 of 204 · highest-to-lowest71.4 / 100+18.3 pp vs world38.0%23 of 206 · highest-to-lowest89.3 / 100+11.9 pp vs world6.1%79 of 206 · highest-to-lowest62.0 / 100+0.1 pp vs world11.0%154 of 205 · highest-to-lowest25.0 / 100-3.9 pp vs world8.6%81 of 205 · highest-to-lowest60.8 / 100+0.3 pp vs world13.2%197 of 206 · highest-to-lowest4.4 / 100-27.0 pp vs world
Latvia199217.3%76 of 204 · highest-to-lowest63.1 / 100+13.0 pp vs world29.1%58 of 206 · highest-to-lowest72.2 / 100+3.8 pp vs world5.3%109 of 206 · highest-to-lowest47.3 / 100-0.6 pp vs world13.4%124 of 205 · highest-to-lowest39.7 / 100-2.0 pp vs world20.3%3 of 205 · highest-to-lowest99.0 / 100+12.0 pp vs world14.6%190 of 206 · highest-to-lowest7.8 / 100-26.5 pp vs world
Latvia199311.3%106 of 204 · highest-to-lowest48.3 / 100+7.2 pp vs world30.2%43 of 206 · highest-to-lowest79.5 / 100+5.5 pp vs world4.4%139 of 206 · highest-to-lowest32.7 / 100-1.6 pp vs world8.7%178 of 205 · highest-to-lowest13.2 / 100-6.4 pp vs world25.9%1 of 205 · highest-to-lowest100.0 / 100+17.5 pp vs world19.5%173 of 206 · highest-to-lowest16.1 / 100-22.2 pp vs world
Latvia19949.2%116 of 204 · highest-to-lowest43.3 / 100+5.2 pp vs world25.0%73 of 206 · highest-to-lowest64.9 / 100+0.5 pp vs world6.1%84 of 206 · highest-to-lowest59.5 / 100+0.2 pp vs world10.3%164 of 205 · highest-to-lowest20.1 / 100-4.9 pp vs world23.1%1 of 205 · highest-to-lowest100.0 / 100+14.7 pp vs world26.3%137 of 206 · highest-to-lowest33.7 / 100-14.9 pp vs world
Latvia19959.1%118 of 204 · highest-to-lowest42.4 / 100+5.2 pp vs world26.3%63 of 206 · highest-to-lowest69.8 / 100+1.8 pp vs world4.8%131 of 206 · highest-to-lowest36.6 / 100-0.9 pp vs world10.2%166 of 205 · highest-to-lowest19.1 / 100-4.9 pp vs world17.0%5 of 205 · highest-to-lowest98.0 / 100+8.4 pp vs world32.5%101 of 206 · highest-to-lowest51.2 / 100-9.5 pp vs world
Latvia19967.8%123 of 204 · highest-to-lowest39.9 / 100+3.7 pp vs world26.1%63 of 206 · highest-to-lowest69.8 / 100+1.9 pp vs world4.6%133 of 206 · highest-to-lowest35.6 / 100-1.1 pp vs world12.9%136 of 205 · highest-to-lowest33.8 / 100-2.1 pp vs world18.1%4 of 205 · highest-to-lowest98.5 / 100+9.6 pp vs world30.4%108 of 206 · highest-to-lowest47.8 / 100-12.0 pp vs world
Latvia19975.7%134 of 204 · highest-to-lowest34.5 / 100+1.8 pp vs world27.5%51 of 206 · highest-to-lowest75.6 / 100+3.4 pp vs world4.9%122 of 206 · highest-to-lowest41.0 / 100-0.6 pp vs world13.3%127 of 205 · highest-to-lowest38.2 / 100-1.7 pp vs world18.3%3 of 205 · highest-to-lowest99.0 / 100+9.6 pp vs world30.3%113 of 206 · highest-to-lowest45.4 / 100-12.4 pp vs world
Latvia19984.4%146 of 204 · highest-to-lowest28.6 / 100+0.6 pp vs world23.4%80 of 206 · highest-to-lowest61.5 / 100+0.3 pp vs world6.6%64 of 206 · highest-to-lowest69.3 / 100+1.1 pp vs world14.2%114 of 205 · highest-to-lowest44.6 / 100-0.9 pp vs world18.2%3 of 205 · highest-to-lowest99.0 / 100+9.2 pp vs world33.1%102 of 206 · highest-to-lowest50.7 / 100-10.4 pp vs world
Latvia19994.2%148 of 204 · highest-to-lowest27.6 / 100+0.6 pp vs world21.3%99 of 206 · highest-to-lowest52.2 / 100-1.8 pp vs world7.3%42 of 206 · highest-to-lowest80.0 / 100+1.8 pp vs world14.6%103 of 205 · highest-to-lowest50.0 / 100-0.5 pp vs world17.9%3 of 205 · highest-to-lowest99.0 / 100+8.7 pp vs world34.8%90 of 206 · highest-to-lowest56.6 / 100-8.8 pp vs world
Latvia20005.1%138 of 204 · highest-to-lowest32.5 / 100+1.7 pp vs world20.0%112 of 206 · highest-to-lowest45.9 / 100-3.5 pp vs world7.2%38 of 206 · highest-to-lowest82.0 / 100+1.8 pp vs world16.0%82 of 205 · highest-to-lowest60.3 / 100+1.0 pp vs world18.0%3 of 205 · highest-to-lowest99.0 / 100+8.9 pp vs world33.7%100 of 206 · highest-to-lowest51.7 / 100-9.9 pp vs world
Latvia20015.0%136 of 204 · highest-to-lowest33.5 / 100+1.6 pp vs world19.6%116 of 206 · highest-to-lowest43.9 / 100-2.9 pp vs world6.3%60 of 206 · highest-to-lowest71.2 / 100+1.0 pp vs world16.0%83 of 205 · highest-to-lowest59.8 / 100+1.1 pp vs world19.8%2 of 205 · highest-to-lowest99.5 / 100+10.6 pp vs world33.3%109 of 206 · highest-to-lowest47.3 / 100-11.2 pp vs world
Latvia20025.2%133 of 204 · highest-to-lowest35.0 / 100+1.7 pp vs world19.5%114 of 206 · highest-to-lowest44.9 / 100-2.6 pp vs world6.5%59 of 206 · highest-to-lowest71.7 / 100+1.2 pp vs world16.6%71 of 205 · highest-to-lowest65.7 / 100+1.7 pp vs world19.7%2 of 205 · highest-to-lowest99.5 / 100+10.4 pp vs world32.6%114 of 206 · highest-to-lowest44.9 / 100-12.4 pp vs world
Latvia20034.6%134 of 204 · highest-to-lowest34.5 / 100+1.2 pp vs world18.5%121 of 206 · highest-to-lowest41.5 / 100-3.7 pp vs world6.5%63 of 206 · highest-to-lowest69.8 / 100+1.1 pp vs world17.2%60 of 205 · highest-to-lowest71.1 / 100+2.5 pp vs world19.6%2 of 205 · highest-to-lowest99.5 / 100+10.3 pp vs world33.6%111 of 206 · highest-to-lowest46.3 / 100-11.5 pp vs world
Latvia20044.9%132 of 204 · highest-to-lowest35.5 / 100+1.4 pp vs world18.2%121 of 206 · highest-to-lowest41.5 / 100-4.4 pp vs world6.8%55 of 206 · highest-to-lowest73.7 / 100+1.4 pp vs world17.6%59 of 205 · highest-to-lowest71.6 / 100+2.9 pp vs world18.9%3 of 205 · highest-to-lowest99.0 / 100+9.4 pp vs world33.6%106 of 206 · highest-to-lowest48.8 / 100-10.7 pp vs world
Latvia20054.4%133 of 205 · highest-to-lowest35.3 / 100+1.0 pp vs world16.7%133 of 208 · highest-to-lowest36.2 / 100-6.4 pp vs world7.1%53 of 208 · highest-to-lowest74.9 / 100+1.6 pp vs world19.2%39 of 207 · highest-to-lowest81.6 / 100+4.6 pp vs world17.6%4 of 207 · highest-to-lowest98.5 / 100+8.3 pp vs world35.0%102 of 208 · highest-to-lowest51.2 / 100-9.1 pp vs world
Latvia20063.9%136 of 205 · highest-to-lowest33.8 / 100+0.6 pp vs world15.8%137 of 208 · highest-to-lowest34.3 / 100-7.7 pp vs world9.0%31 of 208 · highest-to-lowest85.5 / 100+3.4 pp vs world19.7%38 of 207 · highest-to-lowest82.0 / 100+5.3 pp vs world14.8%6 of 207 · highest-to-lowest97.6 / 100+5.5 pp vs world36.7%85 of 208 · highest-to-lowest59.4 / 100-7.1 pp vs world
Latvia20073.9%138 of 205 · highest-to-lowest32.8 / 100+0.4 pp vs world15.1%146 of 208 · highest-to-lowest30.0 / 100-8.5 pp vs world10.7%20 of 208 · highest-to-lowest90.8 / 100+5.0 pp vs world18.7%46 of 207 · highest-to-lowest78.2 / 100+4.4 pp vs world12.7%24 of 207 · highest-to-lowest88.8 / 100+3.4 pp vs world38.9%77 of 208 · highest-to-lowest63.3 / 100-4.7 pp vs world
Latvia20083.5%142 of 207 · highest-to-lowest31.6 / 100-0.3 pp vs world14.8%145 of 210 · highest-to-lowest31.1 / 100-9.3 pp vs world10.7%24 of 210 · highest-to-lowest89.0 / 100+5.1 pp vs world16.8%80 of 209 · highest-to-lowest62.0 / 100+2.7 pp vs world13.9%7 of 209 · highest-to-lowest97.1 / 100+4.6 pp vs world40.3%65 of 210 · highest-to-lowest69.4 / 100-2.8 pp vs world
Latvia20093.7%138 of 207 · highest-to-lowest33.5 / 100-0.1 pp vs world16.0%134 of 210 · highest-to-lowest36.4 / 100-6.4 pp vs world8.0%49 of 210 · highest-to-lowest77.0 / 100+2.5 pp vs world17.6%67 of 209 · highest-to-lowest68.3 / 100+3.5 pp vs world15.1%5 of 209 · highest-to-lowest98.1 / 100+5.9 pp vs world39.6%82 of 210 · highest-to-lowest61.2 / 100-5.4 pp vs world
Latvia20104.6%126 of 207 · highest-to-lowest39.3 / 100+0.6 pp vs world18.6%118 of 210 · highest-to-lowest44.0 / 100-5.1 pp vs world4.9%135 of 210 · highest-to-lowest35.9 / 100-0.4 pp vs world18.1%60 of 209 · highest-to-lowest71.6 / 100+4.1 pp vs world15.5%5 of 209 · highest-to-lowest98.1 / 100+6.4 pp vs world38.2%93 of 210 · highest-to-lowest56.0 / 100-5.6 pp vs world
Latvia20114.3%128 of 207 · highest-to-lowest38.3 / 100+0.1 pp vs world18.5%120 of 210 · highest-to-lowest43.1 / 100-5.8 pp vs world5.8%99 of 210 · highest-to-lowest53.1 / 100+0.4 pp vs world17.2%72 of 209 · highest-to-lowest65.9 / 100+3.2 pp vs world15.1%6 of 209 · highest-to-lowest97.6 / 100+6.3 pp vs world39.1%82 of 210 · highest-to-lowest61.2 / 100-4.1 pp vs world
Latvia20124.0%131 of 207 · highest-to-lowest36.9 / 100-0.2 pp vs world18.0%122 of 210 · highest-to-lowest42.1 / 100-6.1 pp vs world6.3%76 of 210 · highest-to-lowest64.1 / 100+0.8 pp vs world17.0%77 of 209 · highest-to-lowest63.5 / 100+2.9 pp vs world15.3%4 of 209 · highest-to-lowest98.6 / 100+6.5 pp vs world39.3%87 of 210 · highest-to-lowest58.9 / 100-3.9 pp vs world
Latvia20133.7%137 of 207 · highest-to-lowest34.0 / 100-0.7 pp vs world17.3%129 of 210 · highest-to-lowest38.8 / 100-6.4 pp vs world6.5%79 of 210 · highest-to-lowest62.7 / 100+1.0 pp vs world16.8%79 of 209 · highest-to-lowest62.5 / 100+2.7 pp vs world15.3%4 of 209 · highest-to-lowest98.6 / 100+6.3 pp vs world40.5%77 of 210 · highest-to-lowest63.6 / 100-2.8 pp vs world
Latvia20144.1%132 of 207 · highest-to-lowest36.4 / 100-0.3 pp vs world15.9%135 of 210 · highest-to-lowest35.9 / 100-7.4 pp vs world6.5%73 of 210 · highest-to-lowest65.6 / 100+0.9 pp vs world17.0%78 of 209 · highest-to-lowest63.0 / 100+2.8 pp vs world14.9%4 of 209 · highest-to-lowest98.6 / 100+5.9 pp vs world41.6%73 of 210 · highest-to-lowest65.6 / 100-2.0 pp vs world
Latvia20154.1%133 of 207 · highest-to-lowest35.9 / 100-0.4 pp vs world16.3%128 of 210 · highest-to-lowest39.2 / 100-6.0 pp vs world6.3%86 of 210 · highest-to-lowest59.3 / 100+0.7 pp vs world17.3%75 of 209 · highest-to-lowest64.4 / 100+3.0 pp vs world14.8%5 of 209 · highest-to-lowest98.1 / 100+5.6 pp vs world41.3%77 of 210 · highest-to-lowest63.6 / 100-3.0 pp vs world
Latvia20163.8%135 of 207 · highest-to-lowest35.0 / 100-0.5 pp vs world16.5%123 of 210 · highest-to-lowest41.6 / 100-5.2 pp vs world5.5%111 of 210 · highest-to-lowest47.4 / 100-0.1 pp vs world17.3%76 of 209 · highest-to-lowest63.9 / 100+3.0 pp vs world14.7%6 of 209 · highest-to-lowest97.6 / 100+5.5 pp vs world42.1%72 of 210 · highest-to-lowest66.0 / 100-2.7 pp vs world
Latvia20174.2%131 of 207 · highest-to-lowest36.9 / 100-0.2 pp vs world16.7%121 of 210 · highest-to-lowest42.6 / 100-5.3 pp vs world6.1%93 of 210 · highest-to-lowest56.0 / 100+0.4 pp vs world17.3%75 of 209 · highest-to-lowest64.4 / 100+2.9 pp vs world14.9%8 of 209 · highest-to-lowest96.6 / 100+5.7 pp vs world40.8%78 of 210 · highest-to-lowest63.2 / 100-3.5 pp vs world
Latvia20184.2%125 of 207 · highest-to-lowest39.8 / 100+0.1 pp vs world15.8%133 of 210 · highest-to-lowest36.8 / 100-6.7 pp vs world6.6%78 of 210 · highest-to-lowest63.2 / 100+0.9 pp vs world17.0%79 of 209 · highest-to-lowest62.5 / 100+2.8 pp vs world15.2%6 of 209 · highest-to-lowest97.6 / 100+6.0 pp vs world41.1%74 of 210 · highest-to-lowest65.1 / 100-3.2 pp vs world
Latvia20194.5%124 of 207 · highest-to-lowest40.3 / 100+0.2 pp vs world15.9%131 of 210 · highest-to-lowest37.8 / 100-5.8 pp vs world6.8%76 of 210 · highest-to-lowest64.1 / 100+1.0 pp vs world17.3%76 of 210 · highest-to-lowest64.1 / 100+3.1 pp vs world14.9%10 of 210 · highest-to-lowest95.7 / 100+5.4 pp vs world40.7%76 of 210 · highest-to-lowest64.1 / 100-3.9 pp vs world
Latvia20204.7%126 of 207 · highest-to-lowest39.3 / 100+0.1 pp vs world16.8%127 of 210 · highest-to-lowest39.7 / 100-4.2 pp vs world6.6%80 of 210 · highest-to-lowest62.2 / 100+0.8 pp vs world16.9%65 of 210 · highest-to-lowest69.4 / 100+3.1 pp vs world13.7%17 of 210 · highest-to-lowest92.3 / 100+4.4 pp vs world41.3%87 of 210 · highest-to-lowest58.9 / 100-4.3 pp vs world
Latvia20214.8%124 of 207 · highest-to-lowest40.3 / 100+0.3 pp vs world18.7%118 of 210 · highest-to-lowest44.0 / 100-3.6 pp vs world5.5%115 of 210 · highest-to-lowest45.5 / 100-0.2 pp vs world15.9%85 of 210 · highest-to-lowest59.8 / 100+2.0 pp vs world13.5%16 of 210 · highest-to-lowest92.8 / 100+4.0 pp vs world41.5%79 of 210 · highest-to-lowest62.7 / 100-2.5 pp vs world
Latvia20225.9%109 of 207 · highest-to-lowest47.6 / 100+1.3 pp vs world17.8%127 of 210 · highest-to-lowest39.7 / 100-5.0 pp vs world5.7%96 of 210 · highest-to-lowest54.5 / 100+0.1 pp vs world15.3%106 of 210 · highest-to-lowest49.8 / 100+1.0 pp vs world14.2%18 of 210 · highest-to-lowest91.9 / 100+4.7 pp vs world41.1%75 of 210 · highest-to-lowest64.6 / 100-2.1 pp vs world
Latvia20234.5%119 of 207 · highest-to-lowest42.7 / 100+0.1 pp vs world16.8%127 of 210 · highest-to-lowest39.7 / 100-5.0 pp vs world6.1%89 of 210 · highest-to-lowest57.9 / 100+0.3 pp vs world16.8%88 of 210 · highest-to-lowest58.4 / 100+2.3 pp vs world13.4%24 of 210 · highest-to-lowest89.0 / 100+3.7 pp vs world42.5%67 of 210 · highest-to-lowest68.4 / 100-1.5 pp vs world
Latvia20244.6%117 of 207 · highest-to-lowest43.7 / 100+0.4 pp vs world15.2%136 of 210 · highest-to-lowest35.4 / 100-5.9 pp vs world6.0%98 of 210 · highest-to-lowest53.6 / 100+0.2 pp vs world15.9%104 of 210 · highest-to-lowest50.7 / 100+1.4 pp vs world12.7%29 of 210 · highest-to-lowest86.6 / 100+2.9 pp vs world45.5%57 of 210 · highest-to-lowest73.2 / 100+1.1 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

09 · Manufacturing position

What role does manufacturing play at home and in the world?

Domestic share, its place inside the parent industry, real growth, specialization and world contribution are kept together.

Full historical record

Manufacturing in the economic structure

Manufacturing accounts for 11.4% of total gross value added in 2024. In 2024, Latvia was 4.3 percentage points below the world value.

Latest share
11.4%
World specialization
0.73×
Latest year
2024
Manufacturing share of total gross value added across the full AMA record, divided into three labeled analytical periods.1970–19901990–20102010–202435.229.223.217.211.21970198019902000201020202024

Created by Tesseron World Observatory; data from UN Statistics Division Analysis of Main Aggregates - 28 January 2026 data snapshot.

LatviaNorthern EuropeEuropeWorldCurrent prices · national currency · percent
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Manufacturing share of gross value added

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Formation1970–1990

33.5% → 33.5%

Percentage-point change: 0.0 pp
Integration1990–2010

33.5% → 13.7%

Percentage-point change: -19.8 pp
Current era2010–2024

13.7% → 11.4%

Percentage-point change: -2.3 pp
Share of total GVA11.4%2024 · Derived measure · World rank 105 of 210 · highest-to-lowest
Share within parent activity74.8%2024 · Derived measure · World rank 81 of 210 · highest-to-lowest
Real manufacturing growth-3.3%2024 · Published series · World rank 179 of 210 · highest-to-lowest
Share of world manufacturing0.0%2024 · Derived measure · World rank 98 of 210 · highest-to-lowest
Manufacturing annual rates, ranks and specialization table35 annual rows

Manufacturing's annual structural, growth and world-position measures. Annual rows cover the full 1970–2024 AMA record wherever the source publishes a value. World ranks run highest-to-lowest. The position index converts rank to a 0–100 scale: 100 is first and 0 is last; it is not a performance score. World comparison is either a world-equals-100 value index or a percentage-point gap, according to the measure.

Showing 35 of 35 rows

Manufacturing annual rates, ranks and specialization table
Latvia199033.5%7 of 205 · highest-to-lowest97.1 / 100+12.7 pp vs world93.9%15 of 205 · highest-to-lowest93.1 / 100+15.5 pp vs worldSource observation unavailableNot calculable without a source observationNot calculable without a source observationComparable world observation unavailable0.1%66 of 205 · highest-to-lowest68.1 / 100-99.9 pp vs world
Latvia199135.2%10 of 205 · highest-to-lowest95.6 / 100+14.7 pp vs world92.7%19 of 205 · highest-to-lowest91.2 / 100+14.0 pp vs world0.7%113 of 205 · highest-to-lowest45.1 / 100+0.7 pp vs world0.1%67 of 205 · highest-to-lowest67.6 / 100-99.9 pp vs world
Latvia199227.4%18 of 205 · highest-to-lowest91.7 / 100+7.6 pp vs world94.0%15 of 205 · highest-to-lowest93.1 / 100+15.7 pp vs world-48.4%202 of 205 · highest-to-lowest1.5 / 100-47.8 pp vs world0.0%86 of 205 · highest-to-lowest58.3 / 100-100.0 pp vs world
Latvia199321.9%41 of 205 · highest-to-lowest80.4 / 100+2.8 pp vs world72.5%113 of 205 · highest-to-lowest45.1 / 100-5.0 pp vs world-31.7%197 of 205 · highest-to-lowest3.9 / 100-31.0 pp vs world0.0%88 of 205 · highest-to-lowest57.4 / 100-100.0 pp vs world
Latvia199419.1%61 of 205 · highest-to-lowest70.6 / 100-0.1 pp vs world76.4%101 of 205 · highest-to-lowest51.0 / 100-1.8 pp vs world-9.5%179 of 205 · highest-to-lowest12.7 / 100-13.0 pp vs world0.0%93 of 205 · highest-to-lowest54.9 / 100-100.0 pp vs world
Latvia199520.6%48 of 205 · highest-to-lowest77.0 / 100+1.4 pp vs world78.2%93 of 205 · highest-to-lowest54.9 / 100+0.1 pp vs world-0.5%161 of 205 · highest-to-lowest21.6 / 100-5.4 pp vs world0.0%92 of 205 · highest-to-lowest55.4 / 100-100.0 pp vs world
Latvia199619.9%51 of 205 · highest-to-lowest75.5 / 100+1.3 pp vs world76.0%103 of 205 · highest-to-lowest50.0 / 100-0.6 pp vs world3.7%100 of 205 · highest-to-lowest51.5 / 100+1.2 pp vs world0.0%92 of 205 · highest-to-lowest55.4 / 100-100.0 pp vs world
Latvia199721.2%39 of 205 · highest-to-lowest81.4 / 100+2.9 pp vs world77.0%97 of 205 · highest-to-lowest52.9 / 100+1.0 pp vs world16.7%24 of 205 · highest-to-lowest88.7 / 100+12.1 pp vs world0.0%87 of 205 · highest-to-lowest57.8 / 100-100.0 pp vs world
Latvia199817.3%66 of 205 · highest-to-lowest68.1 / 100-0.5 pp vs world73.8%109 of 205 · highest-to-lowest47.1 / 100-3.0 pp vs world4.9%75 of 205 · highest-to-lowest63.7 / 100+3.6 pp vs world0.0%93 of 205 · highest-to-lowest54.9 / 100-100.0 pp vs world
Latvia199915.7%81 of 205 · highest-to-lowest60.8 / 100-1.8 pp vs world73.7%108 of 205 · highest-to-lowest47.5 / 100-2.2 pp vs world-4.1%177 of 205 · highest-to-lowest13.7 / 100-7.4 pp vs world0.0%93 of 205 · highest-to-lowest54.9 / 100-100.0 pp vs world
Latvia200015.6%85 of 205 · highest-to-lowest58.8 / 100-1.7 pp vs world78.3%85 of 205 · highest-to-lowest58.8 / 100+4.4 pp vs world6.8%84 of 205 · highest-to-lowest59.3 / 100+0.4 pp vs world0.0%94 of 205 · highest-to-lowest54.4 / 100-100.0 pp vs world
Latvia200115.5%86 of 205 · highest-to-lowest58.3 / 100-0.9 pp vs world78.9%79 of 205 · highest-to-lowest61.8 / 100+6.3 pp vs world7.1%54 of 205 · highest-to-lowest74.0 / 100+7.9 pp vs world0.0%93 of 205 · highest-to-lowest54.9 / 100-100.0 pp vs world
Latvia200215.6%82 of 205 · highest-to-lowest60.3 / 100-0.4 pp vs world80.0%75 of 205 · highest-to-lowest63.7 / 100+7.9 pp vs world11.5%32 of 205 · highest-to-lowest84.8 / 100+10.4 pp vs world0.0%91 of 205 · highest-to-lowest55.9 / 100-100.0 pp vs world
Latvia200314.5%90 of 205 · highest-to-lowest56.4 / 100-1.3 pp vs world78.4%74 of 205 · highest-to-lowest64.2 / 100+6.9 pp vs world3.2%104 of 205 · highest-to-lowest49.5 / 100-0.2 pp vs world0.0%92 of 205 · highest-to-lowest55.4 / 100-100.0 pp vs world
Latvia200414.3%92 of 206 · highest-to-lowest55.6 / 100-2.9 pp vs world78.8%77 of 206 · highest-to-lowest62.9 / 100+2.2 pp vs world6.4%73 of 205 · highest-to-lowest64.7 / 100-13.2 pp vs world0.0%92 of 206 · highest-to-lowest55.6 / 100-100.0 pp vs world
Latvia200513.4%95 of 208 · highest-to-lowest54.6 / 100-3.6 pp vs world80.4%69 of 208 · highest-to-lowest67.1 / 100+6.4 pp vs world5.1%88 of 206 · highest-to-lowest57.6 / 100+0.8 pp vs world0.0%94 of 208 · highest-to-lowest55.1 / 100-100.0 pp vs world
Latvia200612.7%105 of 208 · highest-to-lowest49.8 / 100-4.4 pp vs world80.0%71 of 208 · highest-to-lowest66.2 / 100+7.5 pp vs world7.4%73 of 207 · highest-to-lowest65.0 / 100+0.8 pp vs world0.0%92 of 208 · highest-to-lowest56.0 / 100-100.0 pp vs world
Latvia200712.0%109 of 208 · highest-to-lowest47.8 / 100-5.1 pp vs world79.6%66 of 208 · highest-to-lowest68.6 / 100+7.1 pp vs world-0.8%165 of 207 · highest-to-lowest20.4 / 100-6.8 pp vs world0.0%90 of 208 · highest-to-lowest57.0 / 100-100.0 pp vs world
Latvia200811.3%116 of 210 · highest-to-lowest45.0 / 100-5.6 pp vs world76.1%84 of 210 · highest-to-lowest60.3 / 100+6.2 pp vs world-7.2%184 of 208 · highest-to-lowest11.6 / 100-8.4 pp vs world0.0%93 of 210 · highest-to-lowest56.0 / 100-100.0 pp vs world
Latvia200911.2%115 of 210 · highest-to-lowest45.5 / 100-5.1 pp vs world69.9%108 of 210 · highest-to-lowest48.8 / 100-2.7 pp vs world-21.8%203 of 210 · highest-to-lowest3.3 / 100-15.5 pp vs world0.0%98 of 210 · highest-to-lowest53.6 / 100-100.0 pp vs world
Latvia201013.7%88 of 210 · highest-to-lowest58.4 / 100-3.1 pp vs world73.7%86 of 210 · highest-to-lowest59.3 / 100+2.9 pp vs world14.0%28 of 210 · highest-to-lowest87.1 / 100+4.9 pp vs world0.0%97 of 210 · highest-to-lowest54.1 / 100-100.0 pp vs world
Latvia201113.8%85 of 210 · highest-to-lowest59.8 / 100-3.0 pp vs world74.8%78 of 210 · highest-to-lowest63.2 / 100+5.5 pp vs world2.1%134 of 210 · highest-to-lowest36.4 / 100-2.2 pp vs world0.0%98 of 210 · highest-to-lowest53.6 / 100-100.0 pp vs world
Latvia201213.4%81 of 210 · highest-to-lowest61.7 / 100-3.3 pp vs world74.4%75 of 210 · highest-to-lowest64.6 / 100+4.9 pp vs world4.9%61 of 210 · highest-to-lowest71.3 / 100+2.5 pp vs world0.0%100 of 210 · highest-to-lowest52.6 / 100-100.0 pp vs world
Latvia201313.1%84 of 210 · highest-to-lowest60.3 / 100-3.5 pp vs world75.9%66 of 210 · highest-to-lowest68.9 / 100+5.9 pp vs world-0.8%159 of 210 · highest-to-lowest24.4 / 100-4.0 pp vs world0.0%99 of 210 · highest-to-lowest53.1 / 100-100.0 pp vs world
Latvia201412.5%92 of 210 · highest-to-lowest56.5 / 100-4.3 pp vs world78.2%60 of 210 · highest-to-lowest71.8 / 100+6.5 pp vs world-1.6%168 of 210 · highest-to-lowest20.1 / 100-5.8 pp vs world0.0%103 of 210 · highest-to-lowest51.2 / 100-100.0 pp vs world
Latvia201512.4%95 of 210 · highest-to-lowest55.0 / 100-4.6 pp vs world76.0%74 of 210 · highest-to-lowest65.1 / 100-0.2 pp vs world4.4%78 of 210 · highest-to-lowest63.2 / 100+0.8 pp vs world0.0%103 of 210 · highest-to-lowest51.2 / 100-100.0 pp vs world
Latvia201612.1%98 of 210 · highest-to-lowest53.6 / 100-4.6 pp vs world73.4%86 of 210 · highest-to-lowest59.3 / 100-3.9 pp vs world1.7%132 of 210 · highest-to-lowest37.3 / 100-0.8 pp vs world0.0%105 of 210 · highest-to-lowest50.2 / 100-100.0 pp vs world
Latvia201712.5%94 of 210 · highest-to-lowest55.5 / 100-4.2 pp vs world75.1%82 of 210 · highest-to-lowest61.2 / 100-1.0 pp vs world6.8%51 of 210 · highest-to-lowest76.1 / 100+3.5 pp vs world0.0%104 of 210 · highest-to-lowest50.7 / 100-100.0 pp vs world
Latvia201812.7%92 of 210 · highest-to-lowest56.5 / 100-4.2 pp vs world80.3%57 of 210 · highest-to-lowest73.2 / 100+5.3 pp vs world7.4%45 of 210 · highest-to-lowest78.9 / 100+3.5 pp vs world0.0%101 of 210 · highest-to-lowest52.2 / 100-100.0 pp vs world
Latvia201912.7%92 of 210 · highest-to-lowest56.5 / 100-3.7 pp vs world80.2%55 of 210 · highest-to-lowest74.2 / 100+4.7 pp vs world1.0%127 of 210 · highest-to-lowest39.7 / 100-0.4 pp vs world0.0%99 of 210 · highest-to-lowest53.1 / 100-100.0 pp vs world
Latvia202013.2%88 of 210 · highest-to-lowest58.4 / 100-3.1 pp vs world78.7%62 of 210 · highest-to-lowest70.8 / 100+1.1 pp vs world0.8%49 of 210 · highest-to-lowest77.0 / 100+3.2 pp vs world0.0%95 of 210 · highest-to-lowest55.0 / 100-100.0 pp vs world
Latvia202114.8%69 of 210 · highest-to-lowest67.5 / 100-2.0 pp vs world78.9%61 of 210 · highest-to-lowest71.3 / 100+3.4 pp vs world10.2%60 of 210 · highest-to-lowest71.8 / 100+1.2 pp vs world0.0%91 of 210 · highest-to-lowest56.9 / 100-100.0 pp vs world
Latvia202213.7%88 of 210 · highest-to-lowest58.4 / 100-2.7 pp vs world77.0%73 of 210 · highest-to-lowest65.6 / 100+5.1 pp vs world-4.2%180 of 210 · highest-to-lowest14.4 / 100-6.2 pp vs world0.0%98 of 210 · highest-to-lowest53.6 / 100-100.0 pp vs world
Latvia202312.4%96 of 210 · highest-to-lowest54.5 / 100-3.6 pp vs world73.7%82 of 210 · highest-to-lowest61.2 / 100+0.3 pp vs world-2.3%157 of 210 · highest-to-lowest25.4 / 100-3.9 pp vs world0.0%96 of 210 · highest-to-lowest54.5 / 100-100.0 pp vs world
Latvia202411.4%105 of 210 · highest-to-lowest50.2 / 100-4.3 pp vs world74.8%81 of 210 · highest-to-lowest61.7 / 100+0.7 pp vs world-3.3%179 of 210 · highest-to-lowest14.8 / 100-6.2 pp vs world0.0%98 of 210 · highest-to-lowest53.6 / 100-100.0 pp vs world

Calculations created by Tesseron World Observatory, data from UNSD Analysis of Main Aggregates (2026-01-28_89ede278; source updated 2026-01-28T00:00:00).

Interpretation note

Manufacturing is part of mining, manufacturing and utilities; it is not a seventh broad-industry slice. Share and real growth describe different dimensions.

Current manufacturing specialization

Europe0.78×
Northern Europe0.92×
World0.73×