Latvia - ICT Industry Share in GDP
Since 2014, Latvia ICT Industry Share in GDP grew 5.9points year on year. In 2019, the country was number 7 among other countries in ICT Industry Share in GDP at 4.98 Percent of GDP. Latvia is overtaken by Estonia, which was ranked number 6 at 5.35 Percent of GDP and is followed by Finland at 4.92 Percent of GDP. Malta lead the ranking with 8.11 Percent of GDP in 2019, that is a growth of 0.9points compared to 2018. United Kingdom, Bulgaria and Hungary respectively ranked number 2, 3 and 4 in this ranking. Latvia witnessed the best average annual growth at +5.9points per year, while Macedonia recorded the worst performance at -0.6points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 4.98 |
| 2018 | 4.92 |
| 2017 | 4.69 |
| 2016 | 4.53 |
| 2015 | 4.15 |
Download all data from 2008 to 2019
How does Latvia rank in ICT Industry Share in GDP?
| # | 26 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Malta
|
8.11 % | 2019 | +0.9 % | +3.3 % | View data | |
| 2 |
#2
United Kingdom
|
6.13 % | 2019 | -0.3 % | +1.6 % | View data | |
| 6 |
#6
Estonia
|
5.35 % | 2019 | -0.6 % | +2.2 % | View data | |
| 7 |
#7
Latvia
|
4.98 % | 2019 | +1.2 % | +5.9 % | View data | |
| 8 |
#8
Finland
|
4.92 % | 2019 | +1.4 % | NA | View data | |