Value Added (Agriculture) — Annual growth US$ in Latvia

Latvia: Value Added (Agriculture) — Annual growth US$ was 16.38 % in 2021. ◆ Volatile

Latest (2021)
16.38 %
Change on year
down 17.3%
World rank
15th
of 77 countries
All-time high
37.79 %
in 2004
All-time low
-26.81 %
in 1998
Years of data
26
1996–2021

Value Added (Agriculture) — Annual growth US$ in Latvia, 1996–2021

-20020401996200820211996: -2.7 %1997: -23.3 %1998: -26.8 %1999: -11.6 %2000: 32.9 %2001: 10.8 %2002: 7.5 %2003: 9.4 %2004: 37.8 %2005: 5.5 %2006: 3.9 %2007: 33.6 %2008: -4.5 %2009: -23.9 %2010: 11.9 %2011: 7.4 %2012: 0.933 %2013: -17.2 %2014: 23.9 %2015: -5.9 %2016: -9.4 %2017: 28.4 %2018: -4.3 %2019: 15.5 %2020: 19.8 %2021: 16.4 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2021, value added (agriculture) — annual growth us$ in Latvia stood at 16.38 %.

Compared with earlier readings it is down 17.3% on the previous year and up 120.7% over ten years.

Over the whole period, value added (agriculture) — annual growth us$ in Latvia peaked at 37.79 % in 2004 and was at its lowest, -26.81 %, in 1998.

Latvia ranks 15th of 77 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Agriculture) — Annual growth US$ in Latvia, year by year

Annual values for Value Added (Agriculture) — Annual growth US$ in Latvia, 1996 to 2021.
Year % Change
1996 -2.73 %
1997 -23.25 % +750.9%
1998 -26.81 % +15.3%
1999 -11.65 % -56.6%
2000 32.94 % -382.9%
2001 10.8 % -67.2%
2002 7.53 % -30.3%
2003 9.44 % +25.4%
2004 37.79 % +300.3%
2005 5.52 % -85.4%
2006 3.86 % -30.1%
2007 33.6 % +771.3%
2008 -4.48 % -113.3%
2009 -23.85 % +432.8%
2010 11.9 % -149.9%
2011 7.42 % -37.6%
2012 0.933 % -87.4%
2013 -17.19 % -1942.6%
2014 23.85 % -238.8%
2015 -5.89 % -124.7%
2016 -9.37 % +59.1%
2017 28.42 % -403.3%
2018 -4.32 % -115.2%
2019 15.55 % -459.6%
2020 19.82 % +27.5%
2021 16.38 % -17.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s -16.11 % -26.81 % -2.73 % 4
2000s 11.31 % -23.85 % 37.79 % 10
2010s 5.13 % -17.19 % 28.42 % 10
2020s 18.1 % 16.38 % 19.82 % 2

Countries ranked near Latvia

  1. 12 Guatemala 18.2 % compare
  2. 13 Belize 17.73 % compare
  3. 14 Slovenia 17.6 % compare
  4. 16 Mexico 14.97 % compare
  5. 17 Brazil 14.31 % compare
  6. 18 Costa Rica 14.22 % compare

See the full ranking of 81 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is value added (agriculture) — annual growth us$ in Latvia?
Value added (agriculture) — annual growth us$ in Latvia was 16.38 % in 2021, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture) — annual growth us$ recorded in Latvia?
The highest recorded value was 37.79 % in 2004.
What is the lowest value added (agriculture) — annual growth us$ recorded in Latvia?
The lowest recorded value was -26.81 % in 1998.
How does Latvia rank for value added (agriculture) — annual growth us$?
Latvia ranks 15th out of 77 countries with data for 2021.
Is value added (agriculture) — annual growth us$ rising or falling in Latvia?
Over the last ten years it is up 120.7%. 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) — Annual growth US$. Statizoid updates them automatically from the source API.

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Value Added (Agriculture) — Annual growth US$ in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 23 August 2026, from https://agriculture.statizoid.com/stat/value-added-agriculture-annual-growth-us/latvia/

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About this data

Indicator
Value Added (Agriculture) — Annual growth US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
81 places, 1,587 data points, 1971–2023
Last refreshed

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).