Wheat — Gross Production Value in Latvia

Latvia: Wheat — Gross Production Value was 531,558 1000 USD in 2024. ◆ Volatile

Latest (2024)
531,558 1000 USD
Change on year
up 8.7%
World rank
36th
of 105 countries
All-time high
774,449 1000 USD
in 2022
All-time low
20,485 1000 USD
in 1994
Years of data
33
1992–2024

Wheat — Gross Production Value in Latvia, 1992–2024

0200.0k400.0k600.0k800.0k1992200820241992: 42.9k 1000 USD1993: 24.5k 1000 USD1994: 20.5k 1000 USD1995: 32.3k 1000 USD1996: 61.7k 1000 USD1997: 53.7k 1000 USD1998: 41.8k 1000 USD1999: 36.1k 1000 USD2000: 43.0k 1000 USD2001: 42.4k 1000 USD2002: 50.4k 1000 USD2003: 51.6k 1000 USD2004: 62.9k 1000 USD2005: 74.3k 1000 USD2006: 83.3k 1000 USD2007: 207.4k 1000 USD2008: 224.3k 1000 USD2009: 164.0k 1000 USD2010: 216.4k 1000 USD2011: 260.5k 1000 USD2012: 419.5k 1000 USD2013: 349.7k 1000 USD2014: 301.8k 1000 USD2015: 369.3k 1000 USD2016: 308.0k 1000 USD2017: 357.6k 1000 USD2018: 290.8k 1000 USD2019: 432.0k 1000 USD2020: 517.5k 1000 USD2021: 575.3k 1000 USD2022: 774.4k 1000 USD2023: 489.0k 1000 USD2024: 531.6k 1000 USD

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

In 2024, wheat — gross production value in Latvia stood at 531,558 1000 USD.

Compared with earlier readings it is up 8.7% on the previous year and up 76.1% over ten years.

Over the whole period, wheat — gross production value in Latvia peaked at 774,449 1000 USD in 2022 and was at its lowest, 20,485 1000 USD, in 1994.

Latvia ranks 36th of 105 countries on this measure, in the middle of the range.

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

Wheat — Gross Production Value in Latvia, year by year

Annual values for Wheat — Gross Production Value (current thousand US$) in Latvia, 1992 to 2024.
Year 1000 USD Change
1992 42,878 1000 USD —
1993 24,546 1000 USD -42.8%
1994 20,485 1000 USD -16.5%
1995 32,334 1000 USD +57.8%
1996 61,666 1000 USD +90.7%
1997 53,662 1000 USD -13.0%
1998 41,807 1000 USD -22.1%
1999 36,082 1000 USD -13.7%
2000 42,987 1000 USD +19.1%
2001 42,442 1000 USD -1.3%
2002 50,421 1000 USD +18.8%
2003 51,637 1000 USD +2.4%
2004 62,923 1000 USD +21.9%
2005 74,273 1000 USD +18.0%
2006 83,274 1000 USD +12.1%
2007 207,406 1000 USD +149.1%
2008 224,340 1000 USD +8.2%
2009 164,004 1000 USD -26.9%
2010 216,354 1000 USD +31.9%
2011 260,538 1000 USD +20.4%
2012 419,530 1000 USD +61.0%
2013 349,675 1000 USD -16.7%
2014 301,782 1000 USD -13.7%
2015 369,336 1000 USD +22.4%
2016 307,964 1000 USD -16.6%
2017 357,592 1000 USD +16.1%
2018 290,793 1000 USD -18.7%
2019 432,010 1000 USD +48.6%
2020 517,517 1000 USD +19.8%
2021 575,261 1000 USD +11.2%
2022 774,449 1000 USD +34.6%
2023 489,031 1000 USD -36.9%
2024 531,558 1000 USD +8.7%

Latvia compared with similar countries

  • Latvia's 531,558 1000 USD is above the median for high income countries, which is 297,952 1000 USD, 1.8× the median. (40 countries reporting)
  • Latvia's 531,558 1000 USD is above the median for Europe & Central Asia, which is 353,335 1000 USD, 1.5× the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 39,182 1000 USD 20,485 1000 USD 61,666 1000 USD 8
2000s 100,371 1000 USD 42,442 1000 USD 224,340 1000 USD 10
2010s 330,557 1000 USD 216,354 1000 USD 432,010 1000 USD 10
2020s 577,563 1000 USD 489,031 1000 USD 774,449 1000 USD 5

Countries ranked near Latvia

  1. 33 Saudi Arabia 621,437 1000 USD compare
  2. 34 Sweden 583,478 1000 USD compare
  3. 35 South Africa 563,016 1000 USD compare
  4. 37 Serbia 526,246 1000 USD compare
  5. 38 Uruguay 454,537 1000 USD compare
  6. 39 Tunisia 446,848 1000 USD compare

See the full ranking of 142 places →

More agriculture & rural data for Latvia

All data for Latvia →

Frequently asked questions

What is wheat — gross production value in Latvia?
Wheat — gross production value in Latvia was 531,558 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — gross production value recorded in Latvia?
The highest recorded value was 774,449 1000 USD in 2022.
What is the lowest wheat — gross production value recorded in Latvia?
The lowest recorded value was 20,485 1000 USD in 1994.
How does Latvia rank for wheat — gross production value?
Latvia ranks 36th out of 105 countries with data for 2024.
Is wheat — gross production value rising or falling in Latvia?
Over the last ten years it is up 76.1%. 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 Wheat — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Wheat — Gross Production Value in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 30 September 2026, from https://agriculture.statizoid.com/stat/wheat-gross-production-value-current-thousand-us/latvia/

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About this data

Indicator
Wheat — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
142 places, 4,377 data points, 1991–2024
Last refreshed

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.