Milk, Total — Gross Production Value in Latvia
Latvia: Milk, Total — Gross Production Value was 422,998 1000 USD in 2024. ▲ Rising
Milk, Total — Gross Production Value in Latvia, 1992–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
The most recent figure for milk, total — gross production value in Latvia is 422,998 1000 USD, measured in 2024.
Compared with earlier readings it is up 14.0% on the previous year and up 12.3% over ten years.
Over the whole period, milk, total — gross production value in Latvia peaked at 484,423 1000 USD in 2022 and was at its lowest, 76,435 1000 USD, in 1992.
That places Latvia 75th out of 151 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Milk, Total — Gross Production Value in Latvia, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1992 | 76,435 1000 USD | — |
| 1993 | 102,985 1000 USD | +34.7% |
| 1994 | 125,659 1000 USD | +22.0% |
| 1995 | 157,743 1000 USD | +25.5% |
| 1996 | 163,143 1000 USD | +3.4% |
| 1997 | 158,770 1000 USD | -2.7% |
| 1998 | 147,314 1000 USD | -7.2% |
| 1999 | 111,274 1000 USD | -24.5% |
| 2000 | 118,757 1000 USD | +6.7% |
| 2001 | 130,514 1000 USD | +9.9% |
| 2002 | 124,325 1000 USD | -4.7% |
| 2003 | 133,748 1000 USD | +7.6% |
| 2004 | 191,321 1000 USD | +43.0% |
| 2005 | 223,423 1000 USD | +16.8% |
| 2006 | 237,863 1000 USD | +6.5% |
| 2007 | 301,541 1000 USD | +26.8% |
| 2008 | 334,763 1000 USD | +11.0% |
| 2009 | 213,314 1000 USD | -36.3% |
| 2010 | 280,867 1000 USD | +31.7% |
| 2011 | 351,292 1000 USD | +25.1% |
| 2012 | 306,657 1000 USD | -12.7% |
| 2013 | 372,851 1000 USD | +21.6% |
| 2014 | 376,752 1000 USD | +1.0% |
| 2015 | 236,270 1000 USD | -37.3% |
| 2016 | 236,172 1000 USD | -0.0% |
| 2017 | 346,246 1000 USD | +46.6% |
| 2018 | 329,735 1000 USD | -4.8% |
| 2019 | 323,091 1000 USD | -2.0% |
| 2020 | 318,011 1000 USD | -1.6% |
| 2021 | 374,157 1000 USD | +17.7% |
| 2022 | 484,423 1000 USD | +29.5% |
| 2023 | 371,186 1000 USD | -23.4% |
| 2024 | 422,998 1000 USD | +14.0% |
Latvia compared with similar countries
- Latvia's 422,998 1000 USD is below the median for high income countries, which is 980,029 1000 USD, 43% of the median. (50 countries reporting)
- Latvia's 422,998 1000 USD is below the median for Europe & Central Asia, which is 1.04 million 1000 USD, 41% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 130,415 1000 USD | 76,435 1000 USD | 163,143 1000 USD | 8 |
| 2000s | 200,957 1000 USD | 118,757 1000 USD | 334,763 1000 USD | 10 |
| 2010s | 315,993 1000 USD | 236,172 1000 USD | 376,752 1000 USD | 10 |
| 2020s | 394,155 1000 USD | 318,011 1000 USD | 484,423 1000 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)
- Share of GDP from agriculture 4.0% (2025)
- Agriculture as a share of GDP vs. GDP per capita 4.0% (2025)
- Agricultural raw materials exports 9.8% (2025)
- Agricultural raw materials imports 2.1% (2025)
Frequently asked questions
- What is milk, total — gross production value in Latvia?
- Milk, total — gross production value in Latvia was 422,998 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest milk, total — gross production value recorded in Latvia?
- The highest recorded value was 484,423 1000 USD in 2022.
- What is the lowest milk, total — gross production value recorded in Latvia?
- The lowest recorded value was 76,435 1000 USD in 1992.
- How does Latvia rank for milk, total — gross production value?
- Latvia ranks 75th out of 151 countries with data for 2024.
- Is milk, total — gross production value rising or falling in Latvia?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Milk, Total — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.
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About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.