Latvia - ICT Gross Value Added
Since 2015, Latvia ICT Gross Value Added was up 7.7% year on year. At €1,422.7 Million in 2020, the country was number 44 among other countries in ICT Gross Value Added. Latvia is overtaken by Slovenia, which was number 43 with €1,740.6 Million and is followed by Cyprus at €1,311.7 Million. United States ranked the highest with €1,205,810.2 Million in 2019, that is +3.5% versus 2018. Japan, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +20% per year, while Australia was the worst growing country at -1.8% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 1,422.70 |
| 2019 | 1,482.60 |
| 2018 | 1,398.80 |
| 2017 | 1,221.10 |
| 2016 | 1,077.70 |
Download all data from 1995 to 2020
How does Latvia rank in ICT Gross Value Added?
| # | 53 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
1,205,810.20 | 2019 | +3.5 % | +8.4 % | View data | |
| 2 |
#2
Japan
|
209,793.90 | 2019 | +1.4 % | +2.5 % | View data | |
| 43 |
#43
Slovenia
|
1,740.60 | 2020 | +0.8 % | +5.1 % | View data | |
| 44 |
#44
Latvia
|
1,422.70 | 2020 | -4.0 % | +7.7 % | View data | |
| 45 |
#45
Cyprus
|
1,311.70 | 2020 | +1.2 % | +11.8 % | View data | |