Vegetable oil vs gdp in Latvia

Latvia: Vegetable oil vs gdp was 17.44 in 2023. ▲ Rising

Latest (2023)
17.44
Change on year
up 1.9%
World rank
36th
of 192 countries
All-time high
18.26
in 2006
All-time low
2.31
in 1994
Years of data
32
1992–2023

Vegetable oil vs gdp in Latvia, 1992–2023

051015201992200720231992: 2.41993: 2.81994: 2.31995: 4.61996: 8.81997: 101998: 9.81999: 9.82000: 9.82001: 11.82002: 13.12003: 13.62004: 15.32005: 15.52006: 18.32007: 15.12008: 12.62009: 13.12010: 13.12011: 12.82012: 12.42013: 13.62014: 13.42015: 14.52016: 13.32017: 13.92018: 14.22019: 15.82020: 172021: 16.52022: 17.12023: 17.4

Source: Our World in Data.

Analysis

Latvia recorded 17.44 for vegetable oil vs gdp in 2023.

The figure is up 1.9% on the previous year and up 28.0% over ten years.

Over the whole period, vegetable oil vs gdp in Latvia peaked at 18.26 in 2006 and was at its lowest, 2.31, in 1994.

That places Latvia 36th out of 192 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 32 years of available data.

Vegetable oil vs gdp in Latvia, year by year

Annual values for Vegetable oil vs gdp in Latvia, 1992 to 2023.
Year Value Change
1992 2.39 —
1993 2.79 +16.7%
1994 2.31 -17.0%
1995 4.63 +100.3%
1996 8.78 +89.5%
1997 9.99 +13.7%
1998 9.8 -1.9%
1999 9.82 +0.2%
2000 9.81 -0.1%
2001 11.75 +19.8%
2002 13.13 +11.7%
2003 13.55 +3.2%
2004 15.31 +12.9%
2005 15.48 +1.1%
2006 18.26 +18.0%
2007 15.08 -17.4%
2008 12.6 -16.5%
2009 13.12 +4.2%
2010 13.11 -0.1%
2011 12.84 -2.1%
2012 12.39 -3.5%
2013 13.63 +10.0%
2014 13.36 -2.0%
2015 14.47 +8.3%
2016 13.27 -8.3%
2017 13.88 +4.6%
2018 14.21 +2.4%
2019 15.8 +11.2%
2020 17.04 +7.8%
2021 16.53 -3.0%
2022 17.11 +3.5%
2023 17.44 +1.9%

Latvia compared with similar countries

  • Latvia's 17.44 is above the median for high income countries, which is 14.94, 1.2× the median. (63 countries reporting)
  • Latvia's 17.44 is above the median for Europe & Central Asia, which is 12.59, 1.4× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Vegetable oil vs gdp in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +100.3% 2.31 4.63
1996 +89.5% 4.63 8.78

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.31 2.31 9.99 8
2000s 13.81 9.81 18.26 10
2010s 13.7 12.39 15.8 10
2020s 17.03 16.53 17.44 4

Countries ranked near Latvia

  1. 33 Russia 18.14 compare
  2. 34 Romania 17.75 compare
  3. 35 Paraguay 17.73 compare
  4. 37 Colombia 17.24 compare
  5. 38 United Kingdom 17.18 compare
  6. 39 Qatar 17.04 compare

See the full ranking of 192 places →

More energy & mining data for Latvia

All data for Latvia →

Frequently asked questions

What is vegetable oil vs gdp in Latvia?
Vegetable oil vs gdp in Latvia was 17.44 in 2023, according to Our World in Data.
What is the highest vegetable oil vs gdp recorded in Latvia?
The highest recorded value was 18.26 in 2006.
What is the lowest vegetable oil vs gdp recorded in Latvia?
The lowest recorded value was 2.31 in 1994.
How does Latvia rank for vegetable oil vs gdp?
Latvia ranks 36th out of 192 countries with data for 2023.
Is vegetable oil vs gdp rising or falling in Latvia?
Over the last ten years it is up 28.0%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Our World in Data, published as part of Vegetable oil vs gdp. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp in Latvia. Statizoid, drawing on Our World in Data. Retrieved 12 November 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp/latvia/

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About this data

Indicator
Vegetable oil vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
192 places, 10,214 data points, 1961–2023
Last refreshed