Latvia: manufacture of basic metals production value 2021

The production value of the basic metals manufacturing industry in Latvia increased by 38.7 million euros (+38.39 percent) since the previous year. The year 2021 therefore marks a significant change in the production value compared to the previous year.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Find more statistics on the basic metals manufacturing industry in Latvia with key insights such as turnover and personnel costs.

Production value of the basic metals manufacturing industry in Latvia from 2012 to 2021 (in million euros)

Characteristic	Annual production value in million euros
2021	139.54
2020	100.8
2019	107.1
2018	65.1
2017	66.7
2016	79.8
2015	153
2014	114.2
2013	310
2012	626.8

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Release date

March 2024

More information

Region

Latvia

Survey time period

2012 to 2021

Supplementary notes

The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to Section C24 of CE Rev. 2.

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