Value Added (Agriculture) — Value Standard Local Currency in Latvia
Latvia: Value Added (Agriculture) — Value Standard Local Currency was 728.73 million SLC in 2021. ▲ Rising
Value Added (Agriculture) — Value Standard Local Currency in Latvia, 1995–2021
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Latvia recorded 728.73 million SLC for value added (agriculture) — value standard local currency in 2021. That is the highest value across all 27 years on record.
That represents a change of up 12.4% on the previous year and up 107.2% over ten years.
Over the whole period, value added (agriculture) — value standard local currency in Latvia peaked at 728.73 million SLC in 2021 and was at its lowest, 134.27 million SLC, in 1999.
Latvia ranks 72nd of 85 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Value Added (Agriculture) — Value Standard Local Currency in Latvia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1995 | 250.76 million SLC | — |
| 1996 | 254.61 million SLC | +1.5% |
| 1997 | 206.12 million SLC | -19.0% |
| 1998 | 153.18 million SLC | -25.7% |
| 1999 | 134.27 million SLC | -12.3% |
| 2000 | 185 million SLC | +37.8% |
| 2001 | 212.23 million SLC | +14.7% |
| 2002 | 224.68 million SLC | +5.9% |
| 2003 | 227.3 million SLC | +1.2% |
| 2004 | 296.07 million SLC | +30.3% |
| 2005 | 326.57 million SLC | +10.3% |
| 2006 | 336.58 million SLC | +3.1% |
| 2007 | 412.26 million SLC | +22.5% |
| 2008 | 368.53 million SLC | -10.6% |
| 2009 | 295.06 million SLC | -19.9% |
| 2010 | 346.45 million SLC | +17.4% |
| 2011 | 351.65 million SLC | +1.5% |
| 2012 | 387.25 million SLC | +10.1% |
| 2013 | 310.43 million SLC | -19.8% |
| 2014 | 384.21 million SLC | +23.8% |
| 2015 | 432.95 million SLC | +12.7% |
| 2016 | 393.31 million SLC | -9.2% |
| 2017 | 494.89 million SLC | +25.8% |
| 2018 | 452.94 million SLC | -8.5% |
| 2019 | 552.1 million SLC | +21.9% |
| 2020 | 648.38 million SLC | +17.4% |
| 2021 | 728.73 million SLC | +12.4% |
Latvia compared with similar countries
- Latvia's 728.73 million SLC is below the median for high income countries, which is 4,996 million SLC, 15% of the median. (42 countries reporting)
- Latvia's 728.73 million SLC is below the median for Europe & Central Asia, which is 13,919 million SLC, 5% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 199.79 million SLC | 134.27 million SLC | 254.61 million SLC | 5 |
| 2000s | 288.43 million SLC | 185 million SLC | 412.26 million SLC | 10 |
| 2010s | 410.62 million SLC | 310.43 million SLC | 552.1 million SLC | 10 |
| 2020s | 688.55 million SLC | 648.38 million SLC | 728.73 million SLC | 2 |
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 value added (agriculture) — value standard local currency in Latvia?
- Value added (agriculture) — value standard local currency in Latvia was 728.73 million SLC in 2021, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (agriculture) — value standard local currency recorded in Latvia?
- The highest recorded value was 728.73 million SLC in 2021.
- What is the lowest value added (agriculture) — value standard local currency recorded in Latvia?
- The lowest recorded value was 134.27 million SLC in 1999.
- How does Latvia rank for value added (agriculture) — value standard local currency?
- Latvia ranks 72nd out of 85 countries with data for 2021.
- Is value added (agriculture) — value standard local currency rising or falling in Latvia?
- Over the last ten years it is up 107.2%. 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 Value Added (Agriculture) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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).