Industry value added in Latvia in 2025 — 9,084,245,186 US$. Ranked 96 in the world out of 158. Since 1995, the indicator has risen by 488.1%.
1995–2025 · US$
How the value compares with the world and the groups this territory belongs to: Latvia
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2025 | 9.08B | +925M | +11.34% |
| 2024 | 8.16B | −454M | −5.27% |
| 2023 | 8.61B | +792M | +10.13% |
| 2022 | 7.82B | −232M | −2.88% |
| 2021 | 8.05B | +1.27B | +18.65% |
| 2020 | 6.79B | +300M | +4.63% |
| 2019 | 6.49B | +55.19M | +0.86% |
| 2018 | 6.43B | +619M | +10.66% |
| 2017 | 5.81B | +615M | +11.84% |
| 2016 | 5.2B | −14.75M | −0.28% |
| 2015 | 5.21B | −728M | −12.26% |
| 2014 | 5.94B | −130M | −2.14% |
| 2013 | 6.07B | +263M | +4.52% |
| 2012 | 5.81B | +115M | +2.02% |
| 2011 | 5.69B | +796M | +16.27% |
| 2010 | 4.9B | −634M | −11.46% |
| 2009 | 5.53B | −2.27B | −29.09% |
| 2008 | 7.8B | +1.1B | +16.5% |
| 2007 | 6.69B | +2.22B | +49.75% |
| 2006 | 4.47B | +1.04B | +30.28% |
| 2005 | 3.43B | +342M | +11.07% |
| 2004 | 3.09B | +584M | +23.32% |
| 2003 | 2.5B | +344M | +15.94% |
| 2002 | 2.16B | +256M | +13.44% |
| 2001 | 1.9B | +24.62M | +1.31% |
| 2000 | 1.88B | +22.51M | +1.21% |
| 1999 | 1.86B | +15.77M | +0.86% |
| 1998 | 1.84B | +22.35M | +1.23% |
| 1997 | 1.82B | +237M | +14.95% |
| 1996 | 1.58B | +37.9M | +2.45% |
| 1995 | 1.54B | — | — |
The same indicator for neighboring countries — with links to their pages
Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.
Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The contribution of industry and construction to the value added of the economy.
Economy Manufacturing value addedHow much a country's factories create — without mining, construction or utilities.
Economy Services value addedHow much the service sector creates — trade, transport, finance, health care, education.
Economy Agriculture value addedHow much agriculture, forestry and fishing create in money terms.
