Vegetable oil vs gdp in Latvia
Latvia: Vegetable oil vs gdp was 17.44 in 2023. ▲ Rising
Vegetable oil vs gdp in Latvia, 1992–2023
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
| 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.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +100.3% | 2.31 | 4.63 |
| 1996 | +89.5% | 4.63 | 8.78 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More energy & mining data for Latvia
- Fuel imports 10.5% (2025)
- Ores and metals imports 1.2% (2025)
- Fuel exports 8.5% (2025)
- Ores and metals exports 1.7% (2025)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
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.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).