Latvia - Production Value of Scientific Research and Development Activities
Since 2014, Latvia Production Value of Scientific Research and Development Activities fell by 0.2% year on year. At €18.4 Million in 2019, the country was ranked number 30 comparing other countries in Production Value of Scientific Research and Development Activities. Latvia is overtaken by Bosnia and Herzegovina, which was ranked number 29 at €19.6 Million and is followed by Malta at €13.9 Million. United Kingdom lead the ranking with €40,065.5 Million in 2019, +14.8% compared to 2018. Germany, Switzerland and France respectively ranked number 2, 3 and 4 in this ranking. Ireland recorded the best 5 years average growth at +38% per year, while Bulgaria witnessed the worst performance at -5.9% per year.
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| Date | Million Euros |
|---|---|
| 2019 | 18.40 |
| 2018 | 18.70 |
| 2017 | 19.10 |
| 2016 | 16.80 |
| 2015 | 22.80 |
How does Latvia rank in Production Value of Scientific Research and Development Activities?
| # | 32 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United Kingdom
|
40,065.50 | 2019 | +14.8 % | +13.4 % | View data | |
| 2 |
#2
Germany
|
18,721.80 | 2019 | +5.4 % | +6.9 % | View data | |
| 29 |
#29
Bosnia and Herzegovina
|
19.60 | 2019 | +6.0 % | +8.2 % | View data | |
| 30 |
#30
Latvia
|
18.40 | 2019 | -1.6 % | -0.2 % | View data | |
| 31 |
#31
Malta
|
13.90 | 2018 | +49.5 % | NA | View data | |