Added value in manufacturing rose 25.4% to USD 4.77 bil in Latvia in 2021, according to the National Statistical Office.
Historically, added value in manufacturing in Latvia reached an all time high of USD 4.77 bil in 2021 and an all time low of USD 0.894 bil in 1994. When compared to Latvia's main peers, added value in manufacturing in Belarus amounted to USD 15.6 bil, USD 4.73 bil in Estonia, USD 10.7 bil in Lithuania and USD 257 bil in Russia in 2021.
Latvia has been ranked 81st within the group of 145 countries we follow in terms of added value in manufacturing, 14 places above the position seen 10 years ago.
Manufacturing, Added Value (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belarus | USD bil | 11.7 | 9.62 | 11.8 | 12.8 | 13.9 | ||||||||||||||||
China | USD bil | 3,203 | 3,153 | 3,460 | 3,868 | 3,823 | ||||||||||||||||
Estonia | USD bil | 3.18 | 3.34 | 3.66 | 4.13 | 4.07 | ||||||||||||||||
Finland | USD bil | 34.4 | 35.1 | 38.9 | 40.2 | 38.7 | ||||||||||||||||
Germany | USD bil | 683 | 717 | 753 | 796 | 760 | ||||||||||||||||
Japan | USD bil | 910 | 1,015 | 1,008 | 1,039 | 1,028 | ... | |||||||||||||||
Latvia | USD bil | 2.85 | 2.86 | 3.19 | 3.63 | 3.64 | ||||||||||||||||
Lithuania | USD bil | 7.13 | 7.27 | 8.11 | 8.91 | 8.81 | ||||||||||||||||
Poland | USD bil | 85.3 | 86.9 | 89.7 | 98.6 | 101 | ||||||||||||||||
Russia | USD bil | ... | 169 | 149 | 194 | 212 | 220 | |||||||||||||||
USA | USD bil | 2,123 | 2,098 | 2,193 | 2,330 | 2,364 | ||||||||||||||||
Ukraine | USD bil | 10.8 | 11.4 | 13.4 | 15.1 | 16.6 |