Latvia - Manufacturing
Manufacturing, value added (current US$)
The latest value for Manufacturing, value added (current US$) in Latvia was $3,655,414,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $3,655,414,000 in 2020 and $1,019,919,000 in 1995.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | $1,019,919,000 |
| 1996 | $1,020,496,000 |
| 1997 | $1,189,518,000 |
| 1998 | $1,060,210,000 |
| 1999 | $1,020,581,000 |
| 2000 | $1,082,983,000 |
| 2001 | $1,137,579,000 |
| 2002 | $1,294,361,000 |
| 2003 | $1,454,853,000 |
| 2004 | $1,769,037,000 |
| 2005 | $1,938,687,000 |
| 2006 | $2,277,386,000 |
| 2007 | $3,111,788,000 |
| 2008 | $3,443,244,000 |
| 2009 | $2,566,845,000 |
| 2010 | $2,845,354,000 |
| 2011 | $3,228,812,000 |
| 2012 | $3,198,906,000 |
| 2013 | $3,349,839,000 |
| 2014 | $3,296,147,000 |
| 2015 | $2,853,887,000 |
| 2016 | $2,855,113,000 |
| 2017 | $3,191,710,000 |
| 2018 | $3,634,723,000 |
| 2019 | $3,640,548,000 |
| 2020 | $3,655,414,000 |
Manufacturing, value added (current LCU)
The value for Manufacturing, value added (current LCU) in Latvia was 3,200,338,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 3,252,015,000 in 2019 and a minimum value of 715,167,000 in 1995.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 715,167,000 |
| 1996 | 799,661,000 |
| 1997 | 983,256,000 |
| 1998 | 889,834,000 |
| 1999 | 849,736,000 |
| 2000 | 934,614,000 |
| 2001 | 1,016,313,000 |
| 2002 | 1,138,520,000 |
| 2003 | 1,182,941,000 |
| 2004 | 1,359,859,000 |
| 2005 | 1,557,735,000 |
| 2006 | 1,815,988,000 |
| 2007 | 2,275,028,000 |
| 2008 | 2,355,523,000 |
| 2009 | 1,846,588,000 |
| 2010 | 2,148,370,000 |
| 2011 | 2,322,663,000 |
| 2012 | 2,489,688,000 |
| 2013 | 2,522,962,000 |
| 2014 | 2,481,103,000 |
| 2015 | 2,572,198,000 |
| 2016 | 2,579,370,000 |
| 2017 | 2,825,319,000 |
| 2018 | 3,077,784,000 |
| 2019 | 3,252,015,000 |
| 2020 | 3,200,338,000 |
Manufacturing, value added (constant 2010 US$)
The latest value for Manufacturing, value added (constant 2010 US$) in Latvia was 3,427,906,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 3,457,735,000 in 2019 and 1,655,005,000 in 1995.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Data are expressed constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 1,655,005,000 |
| 1996 | 1,716,854,000 |
| 1997 | 2,002,872,000 |
| 1998 | 2,101,794,000 |
| 1999 | 2,016,362,000 |
| 2000 | 2,153,319,000 |
| 2001 | 2,307,162,000 |
| 2002 | 2,571,451,000 |
| 2003 | 2,654,170,000 |
| 2004 | 2,823,160,000 |
| 2005 | 2,968,325,000 |
| 2006 | 3,188,199,000 |
| 2007 | 3,163,849,000 |
| 2008 | 2,934,984,000 |
| 2009 | 2,292,244,000 |
| 2010 | 2,611,518,000 |
| 2011 | 2,667,361,000 |
| 2012 | 2,799,542,000 |
| 2013 | 2,777,251,000 |
| 2014 | 2,732,840,000 |
| 2015 | 2,853,887,000 |
| 2016 | 2,903,481,000 |
| 2017 | 3,100,773,000 |
| 2018 | 3,334,155,000 |
| 2019 | 3,457,735,000 |
| 2020 | 3,427,906,000 |
Manufacturing, value added (annual % growth)
The value for Manufacturing, value added (annual % growth) in Latvia was -0.86 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 16.66 in 1997 and a minimum value of -21.90 in 2009.
Definition: Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. 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.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1996 | 3.74 |
| 1997 | 16.66 |
| 1998 | 4.94 |
| 1999 | -4.06 |
| 2000 | 6.79 |
| 2001 | 7.14 |
| 2002 | 11.46 |
| 2003 | 3.22 |
| 2004 | 6.37 |
| 2005 | 5.14 |
| 2006 | 7.41 |
| 2007 | -0.76 |
| 2008 | -7.23 |
| 2009 | -21.90 |
| 2010 | 13.93 |
| 2011 | 2.14 |
| 2012 | 4.96 |
| 2013 | -0.80 |
| 2014 | -1.60 |
| 2015 | 4.43 |
| 2016 | 1.74 |
| 2017 | 6.80 |
| 2018 | 7.53 |
| 2019 | 3.71 |
| 2020 | -0.86 |
Manufacturing, value added (constant LCU)
The value for Manufacturing, value added (constant LCU) in Latvia was 3,089,559,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 3,116,444,000 in 2019 and a minimum value of 1,491,650,000 in 1995.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 1,491,650,000 |
| 1996 | 1,547,394,000 |
| 1997 | 1,805,181,000 |
| 1998 | 1,894,339,000 |
| 1999 | 1,817,340,000 |
| 2000 | 1,940,779,000 |
| 2001 | 2,079,437,000 |
| 2002 | 2,317,640,000 |
| 2003 | 2,392,194,000 |
| 2004 | 2,544,504,000 |
| 2005 | 2,675,341,000 |
| 2006 | 2,873,512,000 |
| 2007 | 2,851,566,000 |
| 2008 | 2,645,291,000 |
| 2009 | 2,065,991,000 |
| 2010 | 2,353,752,000 |
| 2011 | 2,404,083,000 |
| 2012 | 2,523,217,000 |
| 2013 | 2,503,126,000 |
| 2014 | 2,463,099,000 |
| 2015 | 2,572,198,000 |
| 2016 | 2,616,897,000 |
| 2017 | 2,794,716,000 |
| 2018 | 3,005,062,000 |
| 2019 | 3,116,444,000 |
| 2020 | 3,089,559,000 |
Manufacturing, value added (% of GDP)
Manufacturing, value added (% of GDP) in Latvia was 10.84 as of 2020. Its highest value over the past 25 years was 18.22 in 1997, while its lowest value was 9.60 in 2008.
Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 17.62 |
| 1996 | 17.08 |
| 1997 | 18.22 |
| 1998 | 14.79 |
| 1999 | 13.55 |
| 2000 | 13.61 |
| 2001 | 13.60 |
| 2002 | 13.54 |
| 2003 | 12.36 |
| 2004 | 12.25 |
| 2005 | 11.40 |
| 2006 | 10.56 |
| 2007 | 10.02 |
| 2008 | 9.60 |
| 2009 | 9.72 |
| 2010 | 11.88 |
| 2011 | 11.75 |
| 2012 | 11.36 |
| 2013 | 11.09 |
| 2014 | 10.50 |
| 2015 | 10.47 |
| 2016 | 10.17 |
| 2017 | 10.47 |
| 2018 | 10.56 |
| 2019 | 10.61 |
| 2020 | 10.84 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
