Vegetable oil vs gdp, annual growth rate in Latvia

Latvia: Vegetable oil vs gdp, annual growth rate was 1.93 % change on previous year in 2023. ◆ Volatile

Latest (2023)
1.93 % change on previous year
Change on year
down 45.0%
World rank
76th
of 184 countries
All-time high
100.3 % change on previous year
in 1995
All-time low
-17.37 % change on previous year
in 2007
Years of data
31
1993–2023

Vegetable oil vs gdp, annual growth rate in Latvia, 1993–2023

-2502550751001993200820231993: 16.7 % change on previous year1994: -17 % change on previous year1995: 100.3 % change on previous year1996: 89.5 % change on previous year1997: 13.7 % change on previous year1998: -1.9 % change on previous year1999: 0.181 % change on previous year2000: -0.062 % change on previous year2001: 19.8 % change on previous year2002: 11.7 % change on previous year2003: 3.2 % change on previous year2004: 12.9 % change on previous year2005: 1.1 % change on previous year2006: 18 % change on previous year2007: -17.4 % change on previous year2008: -16.5 % change on previous year2009: 4.2 % change on previous year2010: -0.101 % change on previous year2011: -2.1 % change on previous year2012: -3.5 % change on previous year2013: 10 % change on previous year2014: -2 % change on previous year2015: 8.3 % change on previous year2016: -8.3 % change on previous year2017: 4.6 % change on previous year2018: 2.4 % change on previous year2019: 11.2 % change on previous year2020: 7.8 % change on previous year2021: -3 % change on previous year2022: 3.5 % change on previous year2023: 1.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Latvia recorded 1.93 % change on previous year for vegetable oil vs gdp, annual growth rate in 2023.

Compared with earlier readings it is down 45.0% on the previous year and down 80.7% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in Latvia peaked at 100.3 % change on previous year in 1995 and was at its lowest, -17.37 % change on previous year, in 2007.

That places Latvia 76th out of 184 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 28.8 % change on previous year -16.95 % change on previous year 100.3 % change on previous year 7
2000s 3.7 % change on previous year -17.37 % change on previous year 19.8 % change on previous year 10
2010s 2.05 % change on previous year -8.29 % change on previous year 11.19 % change on previous year 10
2020s 2.57 % change on previous year -2.99 % change on previous year 7.85 % change on previous year 4

Countries ranked near Latvia

  1. 73 Denmark 2.65 % change on previous year compare
  2. 74 Colombia 2.56 % change on previous year compare
  3. 75 Venezuela (Bolivarian Republic of) 2.06 % change on previous year compare
  4. 77 France 1.93 % change on previous year compare
  5. 78 Guyana 1.85 % change on previous year compare
  6. 79 Zimbabwe 1.67 % change on previous year compare

See the full ranking of 184 places →

More energy & mining data for Latvia

All data for Latvia →

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in Latvia?
Vegetable oil vs gdp, annual growth rate in Latvia was 1.93 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in Latvia?
The highest recorded value was 100.3 % change on previous year in 1995.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in Latvia?
The lowest recorded value was -17.37 % change on previous year in 2007.
How does Latvia rank for vegetable oil vs gdp, annual growth rate?
Latvia ranks 76th out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in Latvia?
Over the last ten years it is down 80.7%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Statizoid (derived), published as part of Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in Latvia. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/latvia/

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How this figure is calculated

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.