Value of agricultural production in Latvia
Latvia: Value of agricultural production was 1.63 billion in 2023. ▲ Rising
Latest (2023)
1.63 billion
Change on year
down 23.2%
World rank
114th
of 174 countries
All-time high
2.13 billion
in 2022
All-time low
398.23 million
in 2000
Years of data
32
1992–2023
Value of agricultural production in Latvia, 1992–2023
Source: Our World in Data.
Analysis
The most recent figure for value of agricultural production in Latvia is 1.63 billion, measured in 2023.
Compared with earlier readings it is down 23.2% on the previous year and up 18.1% over ten years.
Over the whole period, value of agricultural production in Latvia peaked at 2.13 billion in 2022 and was at its lowest, 398.23 million, in 2000.
That places Latvia 114th out of 174 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Value of agricultural production in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 480.23 million | — |
| 1993 | 539.60 million | +12.4% |
| 1994 | 579.20 million | +7.3% |
| 1995 | 697.51 million | +20.4% |
| 1996 | 684.70 million | -1.8% |
| 1997 | 546.99 million | -20.1% |
| 1998 | 477.43 million | -12.7% |
| 1999 | 405.04 million | -15.2% |
| 2000 | 398.23 million | -1.7% |
| 2001 | 428.18 million | +7.5% |
| 2002 | 468.36 million | +9.4% |
| 2003 | 492.95 million | +5.3% |
| 2004 | 618.63 million | +25.5% |
| 2005 | 734.15 million | +18.7% |
| 2006 | 784.59 million | +6.9% |
| 2007 | 1.19 billion | +52.3% |
| 2008 | 1.31 billion | +9.3% |
| 2009 | 921.87 million | -29.4% |
| 2010 | 1.04 billion | +12.9% |
| 2011 | 1.30 billion | +24.6% |
| 2012 | 1.45 billion | +12.1% |
| 2013 | 1.38 billion | -4.9% |
| 2014 | 1.33 billion | -4.1% |
| 2015 | 1.22 billion | -8.1% |
| 2016 | 1.14 billion | -6.8% |
| 2017 | 1.34 billion | +18.1% |
| 2018 | 1.19 billion | -11.6% |
| 2019 | 1.42 billion | +20.0% |
| 2020 | 1.52 billion | +7.2% |
| 2021 | 1.67 billion | +9.7% |
| 2022 | 2.13 billion | +27.2% |
| 2023 | 1.63 billion | -23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 551.34 million | 405.04 million | 697.51 million | 8 |
| 2000s | 734.81 million | 398.23 million | 1.31 billion | 10 |
| 2010s | 1.28 billion | 1.04 billion | 1.45 billion | 10 |
| 2020s | 1.74 billion | 1.52 billion | 2.13 billion | 4 |
Countries ranked near Latvia
- 111 Palestine, State of 1.86 billion compare
- 112 Republic of Moldova 1.65 billion compare
- 113 Burundi 1.65 billion compare
- 115 Georgia 1.57 billion compare
- 116 Angola 1.53 billion compare
- 117 Guinea-Bissau 1.52 billion compare
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 value of agricultural production in Latvia?
- Value of agricultural production in Latvia was 1.63 billion in 2023, according to Our World in Data.
- What is the highest value of agricultural production recorded in Latvia?
- The highest recorded value was 2.13 billion in 2022.
- What is the lowest value of agricultural production recorded in Latvia?
- The lowest recorded value was 398.23 million in 2000.
- How does Latvia rank for value of agricultural production?
- Latvia ranks 114th out of 174 countries with data for 2023.
- Is value of agricultural production rising or falling in Latvia?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Our World in Data, published as part of Value of agricultural production. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).