Industry by employment size class (NACE Rev. 2, B-E) (2005-2020) in Latvia
Latvia: Industry by employment size class (NACE Rev. 2, B-E) (2005-2020) was 340 in 2020. ▲ Rising
Industry by employment size class (NACE Rev. 2, B-E) in Latvia, 2005–2020
Source: Eurostat.
Analysis
Latvia recorded 340 for industry by employment size class (nace rev. 2, b-e) in 2020. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 17.6% on the previous year and up 64.3% over ten years.
Over the whole period, industry by employment size class (nace rev. 2, b-e) in Latvia peaked at 340 in 2020 and was at its lowest, 125, in 2005.
Latvia ranks 20th of 45 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Industry by employment size class (NACE Rev. 2, B-E) (2005-2020) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 125 | — |
| 2006 | 138 | +10.4% |
| 2007 | 148 | +7.2% |
| 2008 | 167 | +12.8% |
| 2009 | 183 | +9.6% |
| 2010 | 207 | +13.1% |
| 2011 | 199 | -3.9% |
| 2012 | 230 | +15.6% |
| 2013 | 236 | +2.6% |
| 2014 | 236 | +0.0% |
| 2015 | 268 | +13.6% |
| 2016 | 270 | +0.7% |
| 2017 | 264 | -2.2% |
| 2018 | 274 | +3.8% |
| 2019 | 289 | +5.5% |
| 2020 | 340 | +17.6% |
Latvia compared with similar countries
- Latvia's 340 is above the median for Europe & Central Asia, which is 340, 1.0× the median. (33 countries reporting)
- Latvia's 340 is below the median for high income countries, which is 361, 94% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 152.2 | 125 | 183 | 5 |
| 2010s | 247.3 | 199 | 289 | 10 |
| 2020s | 340 | 340 | 340 | 1 |
Countries ranked near Latvia
More work & labour data for Latvia
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.02 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.04 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.94 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.2718 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,152 1000 No (2050)
- Population - Est. & Proj. — Rural population 365.13 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 470.3 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 455.07 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 925.37 1000 No (2100)
Frequently asked questions
- What is industry by employment size class (nace rev. 2, b-e) in Latvia?
- Industry by employment size class (nace rev. 2, b-e) in Latvia was 340 in 2020, according to Eurostat.
- What is the highest industry by employment size class (nace rev. 2, b-e) recorded in Latvia?
- The highest recorded value was 340 in 2020.
- What is the lowest industry by employment size class (nace rev. 2, b-e) recorded in Latvia?
- The lowest recorded value was 125 in 2005.
- How does Latvia rank for industry by employment size class (nace rev. 2, b-e)?
- Latvia ranks 20th out of 45 countries with data for 2020.
- Is industry by employment size class (nace rev. 2, b-e) rising or falling in Latvia?
- Over the last ten years it is up 64.3%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from Eurostat, published as part of Industry by employment size class (NACE Rev. 2, B-E) (2005-2020). Statizoid updates them automatically from the source API.
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