Industry share of GDP — all countries

Industry share of GDP — Latvia

Industry share of GDP in Latvia in 2025 — 18.7%. Ranked 119 in the world out of 158. Since 1995, the indicator has fallen by 8.9 pp.

2025 18.7% +0.1 pp vs 2024
World rank 119of 158
Period maximum 28.7%1997
Period minimum 18.5%2024

Trend over time

1995–2025 · % of GDP

Industry share of GDP — Latvia, 1995–202515202530199519982001200420072010201320162019202220251995: 27.5%1996: 27.3%1997: 28.7%1998: 26.4%1999: 25.4%2000: 24.2%2001: 23.3%2002: 23.4%2003: 22.3%2004: 22.3%2005: 21%2006: 21.9%2007: 22.8%2008: 22.8%2009: 21.5%2010: 20.9%2011: 21.4%2012: 21.4%2013: 20.8%2014: 19.6%2015: 19.8%2016: 19.2%2017: 19.8%2018: 19.3%2019: 19.6%2020: 20.3%2021: 21.1%2022: 20.6%2023: 20.1%2024: 18.5%2025: 18.7%
Change over the period: −8.9 pp Annual average: -0.3 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Latvia

Latvia 18.7%
World 25%
Northern Europe computed 21.5%
Industry share of GDP — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2025 18.7 +0.1 pp
2024 18.5 −1.6 pp
2023 20.1 −0.4 pp
2022 20.6 −0.5 pp
2021 21.1 +0.8 pp
2020 20.3 +0.7 pp
2019 19.6 +0.3 pp
2018 19.3 −0.4 pp
2017 19.8 +0.6 pp
2016 19.2 −0.6 pp
2015 19.8 +0.2 pp
2014 19.6 −1.2 pp
2013 20.8 −0.6 pp
2012 21.4 −0 pp
2011 21.4 +0.6 pp
2010 20.9 −0.7 pp
2009 21.5 −1.3 pp
2008 22.8 +0.1 pp
2007 22.8 +0.9 pp
2006 21.9 +0.8 pp
2005 21 −1.3 pp
2004 22.3 +0.1 pp
2003 22.3 −1.1 pp
2002 23.4 +0.1 pp
2001 23.3 −1 pp
2000 24.2 −1.1 pp
1999 25.4 −1 pp
1998 26.4 −2.2 pp
1997 28.7 +1.4 pp
1996 27.3 −0.3 pp
1995 27.5

About the indicator

The share of industrial value added — mining, manufacturing, electricity, water supply and construction — in GDP. The classification follows the ISIC divisions. A high share can mean either a developed manufacturing sector or dependence on resource extraction, so the indicator should be read alongside the share of manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.