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Latvia Agriculture Value Added

Agriculture, forestry, and fishing value added as % of GDP  NV.AGR.TOTL.ZS

Latvia's agriculture value added was 4.17% in 2025, ranked 110th globally. This represents a 3.2% increase from 2024. Data from World Bank, covering 1995–2025.

4.17% +0.13% (+3.2%)
Year 2025 Rank #110 Global Peak 8.05% (1995) Source World Bank

Latvia Agriculture Value Added (1995–2025)

Overview

Latvia's agriculture value added stood at 4.17% in 2025, a rise of +0.13% from 2024. Based on recent trends, this figure is projected to reach 4.17% by 2025. Latvia ranked 110th globally.

Latvia’s agriculture value added has fallen sharply from its 1995 peak of 8.05 to 3.09 in the 2008 trough, and the World Bank records it at 4.17 in 2025, placing the country 110th globally. The decline reflects structural shifts toward services and manufacturing, reduced farm sizes, and the impact of EU agricultural policy reforms that have incentivised consolidation and efficiency gains. Despite the long‑term downward trajectory, the modest rebound to 4.17 signals some recovery, aided by modest growth in organic and specialty crop production and modest subsidies under the Common Agricultural Policy. Latvia’s current level is comparable to peer economies such as Bosnia and Herzegovina (4.05) and slightly below Cabo Verde (4.28), underscoring a regional convergence among small‑open economies adapting to market integration. Continued investment in agri‑technology, diversification into high‑value niche markets, and sustained policy support could further lift the indicator, steering the sector toward a gradual upward trend.

Data & projection

Year Agriculture Value Added YoY change Rank
2027* trend 4.10% - -
2026* trend 4.14% - -
2025* trend 4.17% - -
2025 4.17% +0.13% #110
2024 4.04% +0.11% #73
2023 3.93% −1.18% #79
2022 5.11% +0.91% #91
2021 4.21% +0.13% #79
2020 4.08% +0.23% #78
2019 3.85% +0.19% #80
2018 3.66% +0.04% #77
2017 3.62% +0.30% #73
2016 3.33% −0.23% #71
2015 3.55% −0.06% #69
2014 3.62% +0.40% #70
2013 3.21% −0.32% #65
2012 3.53% −0.24% #70
2011 3.78% −0.34% #72
Show all years (1995-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +31.4% GDP growth 3.4% C/A balance 1.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Latvia matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw agriculture value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Latvia's agriculture value added?▾

Latvia's agriculture value added was 4.17% in 2025. Ranked 110th globally. This represents a 3.2% increase from the previous year.

What was the highest agriculture value added in Latvia?▾

Latvia's agriculture value added peaked at 8.05% in 1995.

What was the lowest agriculture value added in Latvia?▾

The lowest agriculture value added in Latvia was 3.09% in 2008.

How does Latvia rank in agriculture value added?▾

Latvia ranks 110th globally in agriculture value added as of 2025.

What is the World Bank indicator code for agriculture value added?▾

The World Bank indicator code is NV.AGR.TOTL.ZS. Data sourced from World Bank.

What is the projected agriculture value added of Latvia in 2025?▾

Latvia's agriculture value added is projected to reach 4.17% by 2025 based on trend extrapolation.

What is the agriculture value added of Latvia in 2025?▾

The agriculture value added of Latvia in 2025 was 4.17%. This ranks 110th in the world.

Cite this page

APA
Latvia Agriculture Value Added. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/latvia/agriculture-value-added/
BibTeX
@misc{historysaid_latvia_agriculture-value-added, title = {Latvia Agriculture Value Added}, url = {https://historysaid.com/latvia/agriculture-value-added/}, publisher = {HistorySaid}, year = {2026} }
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