ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Latvia
Latvia: ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) was 14,030 USD in 2024. β Volatile
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Latvia, 1992β2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, ilo - modelled estimates; faostat - value added (2015 us$) in Latvia stood at 14,030 USD.
Compared with earlier readings it is down 11.8% on the previous year and up 3.3% over ten years.
Over the whole period, ilo - modelled estimates; faostat - value added (2015 us$) in Latvia peaked at 21,428 USD in 2021 and was at its lowest, 2,787 USD, in 1997.
Latvia ranks 62nd of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,267 USD | 2,787 USD | 3,653 USD | 8 |
| 2000s | 6,423 USD | 4,356 USD | 10,704 USD | 10 |
| 2010s | 13,001 USD | 10,694 USD | 16,932 USD | 10 |
| 2020s | 16,711 USD | 14,030 USD | 21,428 USD | 5 |
Countries ranked near Latvia
More agriculture & rural data for Latvia
- Agriculture, forestry, and fishing, value added (current US$), annual 12.21 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0401 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 1,055 current US$ per person (2025)
- Rural population, annual growth rate -1.45 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3137 units per person (2025)
- Agriculture share gdp 4.01 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 4.01 (2025)
- Agricultural raw materials exports 9.8% (2025)
- Agricultural raw materials imports 2.1% (2025)
Frequently asked questions
- What is ilo - modelled estimates; faostat - value added (2015 us$) in Latvia?
- Ilo - modelled estimates; faostat - value added (2015 us$) in Latvia was 14,030 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Latvia?
- The highest recorded value was 21,428 USD in 2021.
- What is the lowest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Latvia?
- The lowest recorded value was 2,787 USD in 1997.
- How does Latvia rank for ilo - modelled estimates; faostat - value added (2015 us$)?
- Latvia ranks 62nd out of 168 countries with data for 2024.
- Is ilo - modelled estimates; faostat - value added (2015 us$) rising or falling in Latvia?
- Over the last ten years it is up 3.3%. 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 ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) β Agriculture value added per worker (constant 2015 US$) β Value. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 33 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Employment indicators domain focuses on indicators related to employment in agrifood systems and rural areas. The update is performed yearly, using data from the International Labour Organization (ILO) database that contains a rich set of indicators from a wide range of topics related to labour statistics. The indicators published in FAOSTAT are derived from the labour force statistics (LFS) and rural and urban labour markets (RURURB) databases of the ILOSTAT database. In addition, the ILO modelled estimates and projections (ILOEST) are used to provide information on employment in agriculture. FAOSTAT also publishes indicators on employment in agrifood systems (AFS) from 2000 at the national, regional, and global levels, using a methodology developed by the FAO to estimate the number of people employed within these systems.