Production value of the chemical manufacturing industry in Latvia 2012-2021
In 2021, the production value of the chemicals and chemical products manufacturing industry in Latvia increased by 169 million euros (+44.03 percent) since 2020. With 552.78 million euros, the production value thereby reached its highest value in the observed period.
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 capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the chemicals and chemical products manufacturing industry in Latvia with key insights such as number of enterprises, turnover, personnel costs, and number of employees.
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 capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the chemicals and chemical products manufacturing industry in Latvia with key insights such as number of enterprises, turnover, personnel costs, and number of employees.
