GDP decomposition by sector - Latvia



Latvia : GDP Composition Breakdown
TopicValue
Agriculture % of GDP (%)4.9
Industry % of GDP (%)25.7
Services % of GDP (%)69.4
Value & RankThe Agriculture % of GDP of Latvia is 4.90 (%) with a global rank of 123.
Latvia compared to other CountriesThe Agriculture % of GDP of Latvia is similar to that of Brazil, St. Vincent and the Grenadines, Kazakhstan, New Zealand, Croatia, Lebanon, Equatorial Guinea, Mauritius, Russia, Poland with a respective Agriculture % of GDP of 5.50, 5.40, 5.20, 5.00, 5.00, 4.60, 4.60, 4.50, 4.20, 4.00 (%) and a global rank of 118, 119, 120, 121, 122, 124, 125, 126, 127, 128.Latvia since the end of the Great RecessionLatvia's agriculture: had a negative growth (decline) of 2.00% since the end of the Great Recession
Agriculture % of GDP of Latvia
Value & RankThe Industry % of GDP of Latvia is 25.7 (%) with a global rank of 112.
Latvia compared to other CountriesThe Industry % of GDP of Latvia is similar to that of Bosnia and Herzegovina, Spain, Samoa, India, Croatia, Japan, Afghanistan, Nicaragua, New Zealand, Netherlands with a respective Industry % of GDP of 26.4, 26.0, 25.9, 25.8, 25.8, 25.6, 25.6, 25.5, 25.5, 25.4 (%) and a global rank of 107, 108, 109, 110, 111, 113, 114, 115, 116, 117.Latvia since the end of the Great RecessionLatvia's industry: had a negative growth (decline) of 0.00% since the end of the Great Recession
Industry % of GDP of Latvia
Value & RankThe Services % of GDP of Latvia is 69.4 (%) with a global rank of 59.
Latvia compared to other CountriesThe Services % of GDP of Latvia is similar to that of Fiji, Georgia, Canada, Austria, New Zealand, Croatia, Hungary, Dominica, Australia, Germany with a respective Services % of GDP of 70.2, 69.9, 69.9, 69.8, 69.5, 69.2, 68.7, 68.7, 68.7, 68.6 (%) and a global rank of 54, 55, 56, 57, 58, 60, 61, 62, 63, 64.Latvia since the end of the Great RecessionLatvia's services: had a positive growth of 0.14% since the end of the Great Recession
Services % of GDP of Latvia
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Datasource: CIA - The World Factbook