Wheat — Gross Production Value in Latvia
Latvia: Wheat — Gross Production Value was 531,558 1000 USD in 2024. ◆ Volatile
Wheat — Gross Production Value in Latvia, 1992–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
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 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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About this data
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.