Manufacturing value added — all countries

Manufacturing value added — Latvia

Manufacturing value added in Latvia in 2025 — 4,855,973,714 US$. Ranked 81 in the world out of 132. Since 1995, the indicator has risen by 376.1%.

2025 4.86B US$ +10.92% vs 2024
World rank 81of 132
Period maximum 4.91B US$2021
Period minimum 1.02B US$1995

Trend over time

1995–2025 · US$

Manufacturing value added — Latvia, 1995–202502B4B6B199519982001200420072010201320162019202220251995: 1,019,918,711 US$1996: 1,020,496,427 US$1997: 1,189,518,510 US$1998: 1,060,209,699 US$1999: 1,020,581,312 US$2000: 1,082,982,619 US$2001: 1,137,578,912 US$2002: 1,294,361,073 US$2003: 1,454,853,032 US$2004: 1,769,037,336 US$2005: 1,938,686,994 US$2006: 2,277,386,506 US$2007: 3,111,787,717 US$2008: 3,444,762,462 US$2009: 2,570,248,818 US$2010: 2,849,558,817 US$2011: 3,233,880,601 US$2012: 3,203,221,760 US$2013: 3,354,683,925 US$2014: 3,300,083,629 US$2015: 2,857,352,957 US$2016: 2,857,944,140 US$2017: 3,196,154,987 US$2018: 3,637,741,415 US$2019: 3,648,403,251 US$2020: 3,832,874,336 US$2021: 4,905,836,492 US$2022: 4,554,779,707 US$2023: 4,655,164,196 US$2024: 4,377,870,728 US$2025: 4,855,973,714 US$
Change over the period: +3.84B (+376.11%) Average annual rate: 5.34 %

Comparison, 2025

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

Latvia 4.86B US$
World 17.6T US$
Northern Europe computed 825B US$
Manufacturing value added — Latvia, by year Latvia All countries CSV XLSX
Year US$ Change Change, %
2025 4.86B +478M +10.92%
2024 4.38B −277M −5.96%
2023 4.66B +100M +2.2%
2022 4.55B −351M −7.16%
2021 4.91B +1.07B +27.99%
2020 3.83B +184M +5.06%
2019 3.65B +10.66M +0.29%
2018 3.64B +442M +13.82%
2017 3.2B +338M +11.83%
2016 2.86B +591,184 +0.02%
2015 2.86B −443M −13.42%
2014 3.3B −54.6M −1.63%
2013 3.35B +151M +4.73%
2012 3.2B −30.66M −0.95%
2011 3.23B +384M +13.49%
2010 2.85B +279M +10.87%
2009 2.57B −875M −25.39%
2008 3.44B +333M +10.7%
2007 3.11B +834M +36.64%
2006 2.28B +339M +17.47%
2005 1.94B +170M +9.59%
2004 1.77B +314M +21.6%
2003 1.45B +160M +12.4%
2002 1.29B +157M +13.78%
2001 1.14B +54.6M +5.04%
2000 1.08B +62.4M +6.11%
1999 1.02B −39.63M −3.74%
1998 1.06B −129M −10.87%
1997 1.19B +169M +16.56%
1996 1.02B +577,716 +0.06%
1995 1.02B

About the indicator

Manufacturing value added in current US dollars — what plants and factories create, without mining, construction or energy. It is a subset of industry in the broad sense, and in absolute figures it is the measure by which industrial powers are identified: the top ten by this indicator differ from the list of the largest economies, and the divergence shows where an economy rests on production and where on services or raw materials.

Important: Part of industrial value added, not a quantity separate from it: the two indicators cannot be added together.

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