Latvia - ICT Value Added

Since 2014, Latvia ICT Value Added increased 5.5points year on year. In 2019, the country was ranked number 11 among other countries in ICT Value Added with 5.79 Percent of Value Added in Industry and Services. Latvia is overtaken by Czech Republic, which was ranked number 10 at 5.84 Percent of Value Added in Industry and Services and is followed by France with 5.44 Percent of Value Added in Industry and Services. Ireland lead the ranking with 13.86 Percent of Value Added in Industry and Services in 2019, a growth of 14.3points compared to 2018. South Africa, Israel and Estonia respectively ranked number 2, 3 and 4 in this ranking. Estonia witnessed the best average annual growth at +7.7points per year, while Australia witnessed the worst performance at -4.2points per year.

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Date Percent of Value Added in Industry and Services
2019 5.79
2018 5.72
2017 5.22
2016 4.92
2015 4.56
Download all data from 1995 to 2019

How does Latvia rank in ICT Value Added?

# 42 Countries Percent of Value Added in Industry and Services Last YoY 5‑years CAGR
1 #1
Ireland
13.86 % 2019 +14.3 % +5.4 % View data
2 #2
South Africa
9.82 % 2019 -0.1 % -0.9 % View data
10 #10
Czech Republic
5.84 % 2019 +6.0 % +3.1 % View data
11 #11
Latvia
5.79 % 2019 +1.2 % +5.5 % View data
12 #12
France
5.44 % 2019 +1.6 % +2.1 % View data
Compare all 42 countries

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