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Manufacturing share of GDP — all countries

Manufacturing share of GDP — Latvia

Manufacturing share of GDP in Latvia in 2025 — 10%. Ranked 77 in the world out of 132. Since 1995, the indicator has fallen by 8.2 pp.

2025 10% +0 pp vs 2024
World rank 77of 132
Period maximum 18.7%1997
Period minimum 9.9%2024

Trend over time

1995–2025 · % of GDP

Manufacturing share of GDP — Latvia, 1995–20257.51012.51517.520199519982001200420072010201320162019202220251995: 18.2%1996: 17.6%1997: 18.7%1998: 15.2%1999: 13.9%2000: 14%2001: 13.9%2002: 14%2003: 12.9%2004: 12.8%2005: 11.9%2006: 11.1%2007: 10.6%2008: 10.1%2009: 10%2010: 12.1%2011: 12.2%2012: 11.8%2013: 11.5%2014: 10.9%2015: 10.8%2016: 10.5%2017: 10.9%2018: 10.9%2019: 11%2020: 11.5%2021: 12.8%2022: 12%2023: 10.9%2024: 9.9%2025: 10%
Change over the period: −8.2 pp Annual average: -0.27 pp

Comparison, 2025

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

Latvia 10%
World 14.9%
Europe & Central Asia 13.5%
Northern Europe computed 11.9%
Manufacturing share of GDP — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2025 10 +0 pp
2024 9.9 −0.9 pp
2023 10.9 −1.1 pp
2022 12 −0.9 pp
2021 12.8 +1.4 pp
2020 11.5 +0.5 pp
2019 11 +0.1 pp
2018 10.9 +0.1 pp
2017 10.9 +0.3 pp
2016 10.5 −0.3 pp
2015 10.8 −0.1 pp
2014 10.9 −0.6 pp
2013 11.5 −0.3 pp
2012 11.8 −0.4 pp
2011 12.2 +0 pp
2010 12.1 +2.1 pp
2009 10 −0.1 pp
2008 10.1 −0.5 pp
2007 10.6 −0.6 pp
2006 11.1 −0.7 pp
2005 11.9 −0.9 pp
2004 12.8 −0.1 pp
2003 12.9 −1.1 pp
2002 14 +0.1 pp
2001 13.9 −0.1 pp
2000 14 +0 pp
1999 13.9 −1.3 pp
1998 15.2 −3.5 pp
1997 18.7 +1.1 pp
1996 17.6 −0.6 pp
1995 18.2 —

Northern Europe, 2025

The same indicator for neighboring countries — with links to their pages

IE Ireland 33.9 DK Denmark 18.7 FI Finland 14.2 LT Lithuania 13.1 SE Sweden 12.5 EE Estonia 10.8 LV Latvia 10 IS Iceland 8.5 GB United Kingdom 7.7 NO Norway 6.1
Full table for all countries

About the indicator

The share of manufacturing value added in GDP. This is the cleanest indicator of an industrial base: unlike the share of industry as a whole it excludes mining and construction. A rising share usually accompanies industrialization, while its decline in advanced countries marks the shift to a service economy.

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

Other indicators for Latvia

Economy Manufacturing value added

How much a country's factories create — without mining, construction or utilities.

Latvia by year Economy Industry share of GDP

The contribution of industry and construction to the value added of the economy.

Latvia by year Trade High-technology exports (% of manufactured exports)

What part of manufactured exports consists of high-technology products.

Latvia by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Latvia by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Latvia by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Latvia by year
All indicators for Latvia