Latvia - Number of Patents in the Biotechnology Sector

Since 2014, Latvia Number of Patents in the Biotechnology Sector jumped by 28.6% year on year. In 2019, the country was ranked number 41 comparing other countries in Number of Patents in the Biotechnology Sector with 2.35 Units. Latvia is overtaken by Slovakia, which was ranked number 40 at 3.36 Units and is followed by Argentina at 1.84 Units. United States topped the ranking with 5,940.62 Units in 2019, that is a growth of 1.7% versus 2018. Japan, China and South Korea respectively ranked number 2, 3 and 4 in this ranking. Estonia recorded the best 5 years average growth at +31.9% per year, while Argentina recorded the worst performance at -32.8% per year.

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Date Units
2019 2.35
2018 2.21
2017 2.00
2016 2.50
2015 1.00
Download all data from 1981 to 2019

How does Latvia rank in Number of Patents in the Biotechnology Sector?

# 44 Countries Units Last YoY 5‑years CAGR
1 #1
United States
5,941 2019 +1.7 % +3.8 % View data
2 #2
Japan
1,608 2019 +2.1 % +3.8 % View data
40 #40
Slovakia
3 2019 +3.2 % +10.9 % View data
41 #41
Latvia
2 2019 +6.4 % +28.6 % View data
42 #42
Argentina
2 2019 -23.2 % -32.8 % View data
Compare all 44 countries

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