Latvia - ICT Value Added

Since 2014, Latvia ICT Value Added jumped by 4.7points year on year. In 2019, the country was number 11 comparing other countries in ICT Value Added with 5.6 Percent of Value Added in Industry and Services. Latvia is overtaken by Czech Republic, which was ranked number 10 at 5.88 Percent of Value Added in Industry and Services and is followed by Costa Rica with 5.54 Percent of Value Added in Industry and Services. Ireland topped the ranking with 14.89 Percent of Value Added in Industry and Services in 2019, an increase of 16.9points versus 2018. Israel, South Africa and Sweden respectively ranked number 2, 3 and 4 in this ranking. Estonia recorded the best 5 years average growth at +8.1points per year, while Chile witnessed the worst performance at -6.9points per year.

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Date Percent of Value Added in Industry and Services
2019 5.60
2018 5.53
2017 5.18
2016 4.86
2015 4.56
Download all data from 1995 to 2019

How does Latvia rank in ICT Value Added?

# 42 Countries Percent of Value Added in Industry and Services Last YoY 5‑years CAGR
1 #1
Ireland
14.89 % 2019 +16.9 % +7.0 % View data
2 #2
Israel
9.90 % 2019 +3.9 % +3.7 % View data
10 #10
Czech Republic
5.88 % 2019 +0.9 % +3.0 % View data
11 #11
Latvia
5.60 % 2019 +1.2 % +4.7 % View data
12 #12
Costa Rica
5.54 % 2019 +5.2 % +4.6 % View data
Compare all 42 countries

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