Latvia - ICT Services Share in GDP

Since 2014, Latvia ICT Services Share in GDP jumped by 5points year on year. At 4.41 Percent of GDP in 2019, the country was number 9 comparing other countries in ICT Services Share in GDP. Latvia is overtaken by Estonia, which was ranked number 8 with 4.5 Percent of GDP and is followed by Denmark at 4.26 Percent of GDP. Luxembourg lead the ranking with 6.65 Percent of GDP in 2019, -0.3points versus 2018. Cyprus, United Kingdom and Bulgaria respectively ranked number 2, 3 and 4 in this ranking. Latvia witnessed the best average annual growth at +5points per year, while Luxembourg recorded the worst performance at -3.6points per year.

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Date Percent of GDP
2019 4.41
2018 4.32
2017 4.30
2016 4.11
2015 3.71
Download all data from 2008 to 2019

How does Latvia rank in ICT Services Share in GDP?

# 27 Countries Percent of GDP Last YoY 5‑years CAGR
1 #1
Luxembourg
6.65 % 2019 -0.3 % -3.6 % View data
2 #2
Cyprus
6.32 % 2019 +3.1 % +4.6 % View data
8 #8
Estonia
4.50 % 2019 +1.1 % +2.4 % View data
9 #9
Latvia
4.41 % 2019 +2.1 % +5.0 % View data
10 #10
Denmark
4.26 % 2019 -0.2 % +0.3 % View data
Compare all 27 countries

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