GERD by sector of performance and fields of R&D in Latvia
Latvia: GERD by sector of performance and fields of R&D was 372.64 Million euro in 2024. ◆ Volatile
Latest (2024)
372.64 Million euro
Change on year
up 14.9%
World rank
46th
of 52 countries
All-time high
372.64 Million euro
in 2024
All-time low
9 Million euro
in 1993
Years of data
32
1993–2024
GERD by sector of performance and fields of R&D in Latvia, 1993–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gerd by sector of performance and fields of r&d in Latvia is 372.64 Million euro, measured in 2024. That is the highest value across all 32 years on record.
That represents a change of up 14.9% on the previous year and up 128.9% over ten years.
Over the whole period, gerd by sector of performance and fields of r&d in Latvia peaked at 372.64 Million euro in 2024 and was at its lowest, 9 Million euro, in 1993.
That places Latvia 46th out of 52 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GERD by sector of performance and fields of R&D in Latvia, year by year
| Year | Million euro | Change |
|---|---|---|
| 1993 | 9 Million euro | — |
| 1994 | 13.04 Million euro | +44.9% |
| 1995 | 17.85 Million euro | +36.9% |
| 1996 | 18.67 Million euro | +4.6% |
| 1997 | 21.07 Million euro | +12.8% |
| 1998 | 24.28 Million euro | +15.3% |
| 1999 | 24.79 Million euro | +2.1% |
| 2000 | 37.54 Million euro | +51.4% |
| 2001 | 37.74 Million euro | +0.6% |
| 2002 | 41.53 Million euro | +10.0% |
| 2003 | 37.72 Million euro | -9.2% |
| 2004 | 46.71 Million euro | +23.8% |
| 2005 | 72.69 Million euro | +55.6% |
| 2006 | 112.32 Million euro | +54.5% |
| 2007 | 125.6 Million euro | +11.8% |
| 2008 | 141.6 Million euro | +12.7% |
| 2009 | 84.88 Million euro | -40.1% |
| 2010 | 108.65 Million euro | +28.0% |
| 2011 | 140.73 Million euro | +29.5% |
| 2012 | 146.52 Million euro | +4.1% |
| 2013 | 139.76 Million euro | -4.6% |
| 2014 | 162.8 Million euro | +16.5% |
| 2015 | 152.2 Million euro | -6.5% |
| 2016 | 110.4 Million euro | -27.5% |
| 2017 | 137.9 Million euro | +24.9% |
| 2018 | 186.2 Million euro | +35.0% |
| 2019 | 195.2 Million euro | +4.8% |
| 2020 | 221.12 Million euro | +13.3% |
| 2021 | 248.86 Million euro | +12.5% |
| 2022 | 293.2 Million euro | +17.8% |
| 2023 | 324.27 Million euro | +10.6% |
| 2024 | 372.64 Million euro | +14.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.38 Million euro | 9 Million euro | 24.79 Million euro | 7 |
| 2000s | 73.83 Million euro | 37.54 Million euro | 141.6 Million euro | 10 |
| 2010s | 148.04 Million euro | 108.65 Million euro | 195.2 Million euro | 10 |
| 2020s | 292.02 Million euro | 221.12 Million euro | 372.64 Million euro | 5 |
Countries ranked near Latvia
More science & technology data for Latvia
- Patents in OECD selected technologies — Patent applications 19.5 Patents (2023)
- Domestic ownership of inventions made abroad — Patent applications 0 Patents (2023)
- Foreign ownership of domestic inventions — Patent applications 0 Patents (2023)
- Indicators of international co-operation — Patent applications 0 Patents (2023)
- Patents in OECD selected technologies — Patent grants 11 Patents (2022)
- Human resources in science and technology (HRST) by category and NUTS 538.6 Thousand persons (2025)
- Patents - technology diffusion 41 Patents (2023)
- Human resources in science and technology (HRST) by category, NUTS 1 538.6 Thousand persons (2025)
- Human resources in science and technology (HRST) by category, NUTS 1 538.6 Thousand persons (2025)
- R&D personnel and researchers by sector of performance, sex and NUTS 6,990 Full-time equivalent (FTE) (2024)
Frequently asked questions
- What is gerd by sector of performance and fields of r&d in Latvia?
- Gerd by sector of performance and fields of r&d in Latvia was 372.64 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and fields of r&d recorded in Latvia?
- The highest recorded value was 372.64 Million euro in 2024.
- What is the lowest gerd by sector of performance and fields of r&d recorded in Latvia?
- The lowest recorded value was 9 Million euro in 1993.
- How does Latvia rank for gerd by sector of performance and fields of r&d?
- Latvia ranks 46th out of 52 countries with data for 2024.
- Is gerd by sector of performance and fields of r&d rising or falling in Latvia?
- Over the last ten years it is up 128.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and fields of R&D. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Eurostat).