Latvia - Real Estate Gross Value Added

Since 2015, Latvia Real Estate Gross Value Added increased 4% year on year. With €3,263.3 Million in 2020, the country was number 42 comparing other countries in Real Estate Gross Value Added. Latvia is overtaken by Croatia, which was ranked number 41 at €3,960.2 Million and is followed by Serbia with €3,229 Million. United States ranked the highest with €2,214,791.5 Million in 2019, +3.7% compared to 2018. China, Japan and India respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +14.1% per year, while Turkey recorded the worst performance at -8.1% per year.

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Date Million Euros
2020 3,263.30
2019 3,299.00
2018 3,138.20
2017 2,910.90
2016 2,829.70
Download all data from 1995 to 2020

How does Latvia rank in Real Estate Gross Value Added?

# 55 Countries Million Euros Last YoY 5‑years CAGR
1 #1
United States
2,214,791.50 2019 +3.7 % +7.1 % View data
2 #2
China
900,155.10 2019 +8.8 % +14.1 % View data
41 #41
Croatia
3,960.20 2020 -0.7 % +1.6 % View data
42 #42
Latvia
3,263.30 2020 -1.1 % +4.0 % View data
43 #43
Serbia
3,229.00 2020 +1.8 % +2.8 % View data
Compare all 55 countries

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