World Bank · Economy

Latvia: Industry (including construction), value added (annual % growth)

4.38percent · 2025-15.4% since 2015

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars. Annual figures for Latvia from 1996 to 2025.