Latvia - Production Value of ICT

Since 2014, Latvia Production Value of ICT rose 6.9% year on year. With €2,099.5 Million in 2019, the country was ranked number 31 among other countries in Production Value of ICT. Latvia is overtaken by Malta, which was number 30 at €2,274.2 Million and is followed by Iceland at €1,561.4 Million. United Kingdom topped the ranking with €293,807.2 Million in 2019, an increase of 0.2% versus 2018. Germany, France and Ireland respectively ranked number 2, 3 and 4 in this ranking. Malta witnessed the best average annual growth at +16.1% per year, while Luxembourg recorded the worst performance at -1.3% per year.

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Date Million Euros
2019 2,099.50
2018 2,116.10
2017 1,825.30
2016 1,719.30
2015 1,598.70
Download all data from 2005 to 2019

How does Latvia rank in Production Value of ICT?

# 33 Countries Million Euros Last YoY 5‑years CAGR
1 #1
United Kingdom
293,807.20 2019 +0.2 % +4.0 % View data
2 #2
Germany
219,871.20 2019 -1.5 % +2.5 % View data
30 #30
Malta
2,274.20 2019 +1.4 % +16.1 % View data
31 #31
Latvia
2,099.50 2019 -0.8 % +6.9 % View data
32 #32
Iceland
1,561.40 2018 +2.4 % +11.3 % View data
Compare all 33 countries

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