Latvia - ICT Gross Value Added

Since 2014, Latvia ICT Gross Value Added grew 10.7% year on year. In 2019, the country was ranked number 44 comparing other countries in ICT Gross Value Added with €1,535 Million. Latvia is overtaken by Lithuania, which was number 43 with €1,623.1 Million and is followed by Cyprus at €1,210.4 Million. United States topped the ranking with €1,256,847.9 Million in 2019, +3.6% compared to 2018. Japan, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +18.6% per year, while Russia recorded the worst performance at -3% per year.

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Date Million Euros
2019 1,535.00
2018 1,442.20
2017 1,221.10
2016 1,076.80
2015 979.70
Download all data from 1995 to 2019

How does Latvia rank in ICT Gross Value Added?

# 52 Countries Million Euros Last YoY 5‑years CAGR
1 #1
United States
1,256,847.90 2019 +3.6 % +9.4 % View data
2 #2
Japan
209,793.90 2019 +1.4 % +2.5 % View data
43 #43
Lithuania
1,623.10 2019 +6.2 % +9.3 % View data
44 #44
Latvia
1,535.00 2019 +6.4 % +10.7 % View data
45 #45
Cyprus
1,210.40 2019 +7.8 % +10.6 % View data
Compare all 52 countries

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