Services share of GDP — all countries

Services share of GDP — Latvia

Services share of GDP in Latvia in 2025 — 64.2%. Ranked 38 in the world out of 158. Since 1995, the indicator has risen by 11.4 pp.

2025 64.2% −0.5 pp vs 2024
World rank 38of 158
Period maximum 64.9%2009
Period minimum 52.9%1995

Trend over time

1995–2025 · % of GDP

Services share of GDP — Latvia, 1995–202550556065199519982001200420072010201320162019202220251995: 52.9%1996: 54.4%1997: 54.8%1998: 57.6%1999: 59.8%2000: 60.5%2001: 62%2002: 61.8%2003: 62.8%2004: 62.6%2005: 63.5%2006: 62.6%2007: 62.1%2008: 63.6%2009: 64.9%2010: 63.7%2011: 62.9%2012: 63%2013: 63.5%2014: 64.3%2015: 64.1%2016: 64.4%2017: 63.4%2018: 63.3%2019: 63.1%2020: 62.4%2021: 61.6%2022: 61.6%2023: 63.9%2024: 64.7%2025: 64.2%
Change over the period: +11.4 pp Annual average: 0.38 pp

Comparison, 2025

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

Latvia 64.2%
World computed 59.9%
Northern Europe computed 68%
Services share of GDP — Latvia, by year Latvia All countries CSV XLSX
Year % Change, pp
2025 64.2 −0.5 pp
2024 64.7 +0.9 pp
2023 63.9 +2.2 pp
2022 61.6 +0 pp
2021 61.6 −0.8 pp
2020 62.4 −0.7 pp
2019 63.1 −0.2 pp
2018 63.3 −0.2 pp
2017 63.4 −0.9 pp
2016 64.4 +0.2 pp
2015 64.1 −0.2 pp
2014 64.3 +0.8 pp
2013 63.5 +0.5 pp
2012 63 +0.2 pp
2011 62.9 −0.8 pp
2010 63.7 −1.1 pp
2009 64.9 +1.3 pp
2008 63.6 +1.5 pp
2007 62.1 −0.5 pp
2006 62.6 −0.9 pp
2005 63.5 +0.9 pp
2004 62.6 −0.2 pp
2003 62.8 +1 pp
2002 61.8 −0.2 pp
2001 62 +1.6 pp
2000 60.5 +0.7 pp
1999 59.8 +2.2 pp
1998 57.6 +2.8 pp
1997 54.8 +0.4 pp
1996 54.4 +1.5 pp
1995 52.9

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

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