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
47th
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.
Latvia ranks 47th of 52 countries on this measure, 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% |
Latvia compared with similar countries
- Latvia's 372.64 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 7% of the median. (35 countries reporting)
- Latvia's 372.64 Million euro is below the median for high income countries, which is 8,893 Million euro, 4% of the median. (35 countries reporting)
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
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 121.26 (2024)
- Mobile cellular subscriptions by country, per capita 1.22 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0001 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 2.27 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 36.27 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 1.13 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 0.5622 % change on previous year (2024)
- Patent applications, nonresidents 3 (2024)
- Scientific and technical journal articles 1,736 (2023)
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 47th 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
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