Physical size of farms by utilised agricultural area and legal form in Latvia

Latvia: Physical size of farms by utilised agricultural area and legal form was 1.78 billion Euro in 2023. ▲ Rising

Latest (2023)
1.78 billion Euro
Change on year
up 31.2%
World rank
32nd
of 40 countries
All-time high
1.78 billion Euro
in 2023
All-time low
597.29 million Euro
in 2007
Years of data
7
2005–2023

Physical size of farms by utilised agricultural area and legal form in Latvia, 2005–2023

500.0M750.0M1.0B1.2B1.5B1.8B2005201420232005: 604.0M Euro2007: 597.3M Euro2010: 796.9M Euro2013: 990.0M Euro2016: 1.2B Euro2020: 1.4B Euro2023: 1.8B Euro

Source: Eurostat. Measured in Euro.

Analysis

The most recent figure for physical size of farms by utilised agricultural area and legal form in Latvia is 1.78 billion Euro, measured in 2023. That is the highest value across all 7 years on record.

That represents a change of up 31.2% on the previous year and up 79.7% over ten years.

Over the whole period, physical size of farms by utilised agricultural area and legal form in Latvia peaked at 1.78 billion Euro in 2023 and was at its lowest, 597.29 million Euro, in 2007.

That places Latvia 32nd out of 40 countries with data for 2023, putting it in the bottom quarter.

Physical size of farms by utilised agricultural area and legal form in Latvia, year by year

Annual values for Physical size of farms by utilised agricultural area and legal form in Latvia, 2005 to 2023.
Year Euro Change
2005 604.00 million Euro
2007 597.29 million Euro -1.1%
2010 796.95 million Euro +33.4%
2013 990.01 million Euro +24.2%
2016 1.22 billion Euro +23.4%
2020 1.36 billion Euro +11.0%
2023 1.78 billion Euro +31.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 600.65 million Euro 597.29 million Euro 604.00 million Euro 2
2010s 1.00 billion Euro 796.95 million Euro 1.22 billion Euro 3
2020s 1.57 billion Euro 1.36 billion Euro 1.78 billion Euro 2

Countries ranked near Latvia

  1. 30 Slovakia 2.25 billion Euro compare
  2. 30 Slovakia 2.25 billion Euro compare
  3. 32 Latvia 1.78 billion Euro compare
  4. 34 Slovenia 1.23 billion Euro compare
  5. 34 Slovenia 1.23 billion Euro compare

See the full ranking of 41 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is physical size of farms by utilised agricultural area and legal form in Latvia?
Physical size of farms by utilised agricultural area and legal form in Latvia was 1.78 billion Euro in 2023, according to Eurostat.
What is the highest physical size of farms by utilised agricultural area and legal form recorded in Latvia?
The highest recorded value was 1.78 billion Euro in 2023.
What is the lowest physical size of farms by utilised agricultural area and legal form recorded in Latvia?
The lowest recorded value was 597.29 million Euro in 2007.
How does Latvia rank for physical size of farms by utilised agricultural area and legal form?
Latvia ranks 32nd out of 40 countries with data for 2023.
Is physical size of farms by utilised agricultural area and legal form rising or falling in Latvia?
Over the last ten years it is up 79.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Eurostat, published as part of Physical size of farms by utilised agricultural area and legal form. Statizoid updates them automatically from the source API.

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Physical size of farms by utilised agricultural area and legal form in Latvia. Statizoid, drawing on Eurostat. Retrieved 14 September 2026, from https://agriculture.statizoid.com/stat/physical-size-of-farms-by-utilised-agricultural-area-and-legal-form/latvia-2/

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About this data

Indicator
Physical size of farms by utilised agricultural area and legal form
Unit
Euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
41 places, 278 data points, 2005–2023
Last refreshed