Latvia - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Latvia was 972,327,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 972,327,000 in 2020 and a minimum value of 466,386,000 in 1999.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 541,038,000
1996 492,856,000
1997 530,374,000
1998 503,013,000
1999 466,386,000
2000 544,503,000
2001 594,649,000
2002 634,767,000
2003 620,477,000
2004 640,553,000
2005 695,808,000
2006 669,960,000
2007 717,847,000
2008 682,037,000
2009 764,042,000
2010 719,386,000
2011 749,569,000
2012 807,741,000
2013 761,971,000
2014 835,958,000
2015 858,716,000
2016 821,966,000
2017 837,323,000
2018 806,776,000
2019 966,559,000
2020 972,327,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts