Value Added (Agriculture, Forestry and Fishing) — Value Standard in Latvia
Latvia: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 1,608 million SLC in 2024. ◆ Volatile
Value Added (Agriculture, Forestry and Fishing) — Value Standard in Latvia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Latvia recorded 1,608 million SLC for value added (agriculture, forestry and fishing) — value standard in 2024.
That represents a change of up 7.0% on the previous year and up 95.0% over ten years.
Over the whole period, value added (agriculture, forestry and fishing) — value standard in Latvia peaked at 1,833 million SLC in 2022 and was at its lowest, 49.11 million SLC, in 1991.
Latvia ranks 152nd of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Agriculture, Forestry and Fishing) — Value Standard in Latvia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 49.11 million SLC | — |
| 1992 | 252.09 million SLC | +413.4% |
| 1993 | 239.12 million SLC | -5.1% |
| 1994 | 261.08 million SLC | +9.2% |
| 1995 | 316.75 million SLC | +21.3% |
| 1996 | 314.85 million SLC | -0.6% |
| 1997 | 266.19 million SLC | -15.5% |
| 1998 | 227.75 million SLC | -14.4% |
| 1999 | 227.4 million SLC | -0.2% |
| 2000 | 304.73 million SLC | +34.0% |
| 2001 | 327.91 million SLC | +7.6% |
| 2002 | 376.48 million SLC | +14.8% |
| 2003 | 375.07 million SLC | -0.4% |
| 2004 | 463.95 million SLC | +23.7% |
| 2005 | 506.77 million SLC | +9.2% |
| 2006 | 557.8 million SLC | +10.1% |
| 2007 | 742.93 million SLC | +33.2% |
| 2008 | 721.87 million SLC | -2.8% |
| 2009 | 607.49 million SLC | -15.8% |
| 2010 | 729.32 million SLC | +20.1% |
| 2011 | 722.21 million SLC | -1.0% |
| 2012 | 745.59 million SLC | +3.2% |
| 2013 | 705.25 million SLC | -5.4% |
| 2014 | 824.2 million SLC | +16.9% |
| 2015 | 843.98 million SLC | +2.4% |
| 2016 | 814.64 million SLC | -3.5% |
| 2017 | 943.06 million SLC | +15.8% |
| 2018 | 1,031 million SLC | +9.3% |
| 2019 | 1,139 million SLC | +10.5% |
| 2020 | 1,192 million SLC | +4.6% |
| 2021 | 1,358 million SLC | +13.9% |
| 2022 | 1,833 million SLC | +35.0% |
| 2023 | 1,503 million SLC | -18.0% |
| 2024 | 1,608 million SLC | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 239.37 million SLC | 49.11 million SLC | 316.75 million SLC | 9 |
| 2000s | 498.5 million SLC | 304.73 million SLC | 742.93 million SLC | 10 |
| 2010s | 849.83 million SLC | 705.25 million SLC | 1,139 million SLC | 10 |
| 2020s | 1,499 million SLC | 1,192 million SLC | 1,833 million SLC | 5 |
Countries ranked near Latvia
- 149 Lithuania 2,018 million SLC compare
- 150 Jordan 1,906 million SLC compare
- 151 El Salvador 1,611 million SLC compare
- 153 China, Hong Kong SAR 1,465 million SLC compare
- 154 Trinidad and Tobago 1,449 million SLC compare
- 155 Palestine, State of 1,147 million SLC compare
More environment data for Latvia
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.883 °C (2025)
- Temperature change 2.56 °C (2025)
- Paper and paperboard — Import value, per unit of GDP 0 1000 USD per US$ of GDP (2024)
- Paper and paperboard — Import value, per capita 0.0816 1000 USD per person (2024)
- Graphic papers — Import quantity, annual growth rate 6.33 % change on previous year (2024)
- Graphic papers — Import quantity, per unit of GDP 0 t per US$ of GDP (2024)
- Graphic papers — Import quantity, per capita 0.0387 t per person (2024)
- Graphic papers — Import value, annual growth rate -0.361 % change on previous year (2024)
- Graphic papers — Import value, per unit of GDP 0 1000 USD per US$ of GDP (2024)
Frequently asked questions
- What is value added (agriculture, forestry and fishing) — value standard in Latvia?
- Value added (agriculture, forestry and fishing) — value standard in Latvia was 1,608 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Latvia?
- The highest recorded value was 1,833 million SLC in 2022.
- What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Latvia?
- The lowest recorded value was 49.11 million SLC in 1991.
- How does Latvia rank for value added (agriculture, forestry and fishing) — value standard?
- Latvia ranks 152nd out of 199 countries with data for 2024.
- Is value added (agriculture, forestry and fishing) — value standard rising or falling in Latvia?
- Over the last ten years it is up 95.0%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).