Latvia - Construction Gross Value Added
Since 2015, Latvia Construction Gross Value Added increased 6.3% year on year. At €1,779.1 Million in 2020, the country was number 45 comparing other countries in Construction Gross Value Added. Latvia is overtaken by Greece, which was number 44 with €2,453.7 Million and is followed by Estonia with €1,519.7 Million. China topped the ranking with €916,609.1 Million in 2019, that is an increase of 9.3% versus 2018. United States, Japan and Germany respectively ranked number 2, 3 and 4 in this ranking. Montenegro recorded the best 5 years average growth at +22% per year, while Turkey witnessed the worst performance at -11.7% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 1,779.10 |
| 2019 | 1,711.00 |
| 2018 | 1,608.60 |
| 2017 | 1,377.50 |
| 2016 | 1,184.00 |
Download all data from 1995 to 2020
How does Latvia rank in Construction Gross Value Added?
| # | 55 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
China
|
916,609.10 | 2019 | +9.3 % | +10.6 % | View data | |
| 2 |
#2
United States
|
731,107.20 | 2019 | +3.1 % | +8.9 % | View data | |
| 44 |
#44
Greece
|
2,453.70 | 2020 | +10.4 % | -6.8 % | View data | |
| 45 |
#45
Latvia
|
1,779.10 | 2020 | +4.0 % | +6.3 % | View data | |
| 46 |
#46
Estonia
|
1,519.70 | 2020 | -2.6 % | +6.7 % | View data | |