Latvia - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Latvia was 1,185,805,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 1,224,408,000 in 2019 and a minimum value of 229,447,000 in 1999.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 318,321,000
1996 316,541,000
1997 268,029,000
1998 229,793,000
1999 229,447,000
2000 306,700,000
2001 329,728,000
2002 378,189,000
2003 376,683,000
2004 465,719,000
2005 508,684,000
2006 560,026,000
2007 745,579,000
2008 724,755,000
2009 609,867,000
2010 733,880,000
2011 728,875,000
2012 757,434,000
2013 721,977,000
2014 836,538,000
2015 858,716,000
2016 826,989,000
2017 958,593,000
2018 1,047,722,000
2019 1,224,408,000
2020 1,185,805,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts