Latvia - Industrial Machinery Value Added
Since 2014, Latvia Industrial Machinery Value Added grew 3.4points year on year. At 17.91 Percent of Manufacturing Value Added in 2019, the country was ranked number 41 comparing other countries in Industrial Machinery Value Added. Latvia is overtaken by Brazil, which was number 40 with 18.14 Percent of Manufacturing Value Added and is followed by Belgium with 17.88 Percent of Manufacturing Value Added. Yemen, Panama and Singapore respectively ranked number 2, 3 and 4 in this ranking. Yemen witnessed the best average annual growth at +354.1points per year, while Ireland was the worst growing country at -53.5points per year.
Loading...
| Date | Percent of Manufacturing Value Added |
|---|---|
| 2019 | 17.91 |
| 2018 | 17.75 |
| 2017 | 16.95 |
| 2016 | 15.78 |
| 2015 | 16.32 |
Download all data from 1993 to 2019
How does Latvia rank in Industrial Machinery Value Added?
| # | 91 Countries | Percent of Manufacturing Value Added | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Senegal
|
500.00 % | 2015 | NA | NA | View data | |
| 2 |
#2
Yemen
|
490.73 % | 2019 | +7.5 % | +354.1 % | View data | |
| 40 |
#40
Brazil
|
18.14 % | 2019 | -2.1 % | -1.8 % | View data | |
| 41 |
#41
Latvia
|
17.91 % | 2019 | +0.9 % | +3.4 % | View data | |
| 42 |
#42
Belgium
|
17.88 % | 2019 | -0.9 % | -1.2 % | View data | |