Medium and high-tech exports (% manufactured exports) in Latvia
Latvia: Medium and high-tech exports (% manufactured exports) was 42.1% in 2024. ▲ Rising
Medium and high-tech exports in Latvia, 1990–2024
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufactured exports.
Analysis
The most recent figure for medium and high-tech exports in Latvia is 42.1%, measured in 2024.
That represents a change of down 4.8% on the previous year and up 11.2% over ten years.
Over the whole period, medium and high-tech exports in Latvia peaked at 44.2% in 2023 and was at its lowest, 14.5%, in 1999.
Latvia ranks 57th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Medium and high-tech exports (% manufactured exports) in Latvia, year by year
| Year | % manufactured exports | Change |
|---|---|---|
| 1990 | 31.7% | — |
| 1991 | 31.7% | +0.0% |
| 1992 | 31.7% | +0.0% |
| 1993 | 31.7% | +0.0% |
| 1994 | 31.7% | +0.0% |
| 1995 | 25.8% | -18.4% |
| 1996 | 22.4% | -13.4% |
| 1997 | 19.8% | -11.6% |
| 1998 | 17.2% | -13.0% |
| 1999 | 14.5% | -15.9% |
| 2000 | 15.5% | +6.9% |
| 2001 | 17.1% | +10.4% |
| 2002 | 17.1% | +0.2% |
| 2003 | 18.3% | +6.9% |
| 2004 | 19.8% | +8.2% |
| 2005 | 23.1% | +16.7% |
| 2006 | 27.5% | +19.1% |
| 2007 | 30.8% | +11.8% |
| 2008 | 34.2% | +11.0% |
| 2009 | 38.1% | +11.3% |
| 2010 | 35.1% | -7.8% |
| 2011 | 35.0% | -0.3% |
| 2012 | 34.7% | -0.9% |
| 2013 | 35.9% | +3.5% |
| 2014 | 37.8% | +5.3% |
| 2015 | 41.5% | +9.9% |
| 2016 | 42.9% | +3.2% |
| 2017 | 41.7% | -2.8% |
| 2018 | 41.3% | -1.0% |
| 2019 | 42.1% | +2.1% |
| 2020 | 43.9% | +4.2% |
| 2021 | 40.9% | -6.8% |
| 2022 | 41.3% | +1.0% |
| 2023 | 44.2% | +7.0% |
| 2024 | 42.1% | -4.8% |
Latvia compared with similar countries
- Latvia's 42.1% is below the median for high income countries, which is 52.8%, 80% of the median. (57 countries reporting)
- Latvia's 42.1% is below the median for Europe & Central Asia, which is 49.2%, 86% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.8% | 14.5% | 31.7% | 10 |
| 2000s | 24.2% | 15.5% | 38.1% | 10 |
| 2010s | 38.8% | 34.7% | 42.9% | 10 |
| 2020s | 42.5% | 40.9% | 44.2% | 5 |
Countries ranked near Latvia
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 18.1% (2025)
- Manufactures imports 63.4% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Commercial service imports 7.26 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 55.5% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Commercial service exports 9.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 11,972 current US$ per person (2025)
Frequently asked questions
- What is medium and high-tech exports in Latvia?
- Medium and high-tech exports in Latvia was 42.1% in 2024, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech exports recorded in Latvia?
- The highest recorded value was 44.2% in 2023.
- What is the lowest medium and high-tech exports recorded in Latvia?
- The lowest recorded value was 14.5% in 1999.
- How does Latvia rank for medium and high-tech exports?
- Latvia ranks 57th out of 153 countries with data for 2024.
- Is medium and high-tech exports rising or falling in Latvia?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech exports (% manufactured exports). Statizoid updates them automatically from the source API.
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About this data
Share of medium and high-tech manufactured exports in total manufactured exports.