The production value of the basic pharmaceutical products and pharmaceutical preparations manufacturing industry in Latvia decreased by 29.1 million euros (-12.05 percent) in 2020 in comparison to the previous year. Nevertheless, the last two years in this industry recorded a significant higher production value than the preceding years. 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 key insights for the production value in countries like Estonia and Lithuania.
Production value of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Latvia from 2005 to 2020
(in million euros)
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 C21 of CE Rev2.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Eurostat. (March 22, 2024). Production value of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Latvia from 2005 to 2020 (in million euros) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/945948/production-value-manufacturing-pharmaceutical-products-preparations-latvia/
Eurostat. "Production value of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Latvia from 2005 to 2020 (in million euros)." Chart. March 22, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/945948/production-value-manufacturing-pharmaceutical-products-preparations-latvia/
Eurostat. (2024). Production value of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Latvia from 2005 to 2020 (in million euros). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/945948/production-value-manufacturing-pharmaceutical-products-preparations-latvia/
Eurostat. "Production Value of The Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations in Latvia from 2005 to 2020 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/945948/production-value-manufacturing-pharmaceutical-products-preparations-latvia/
Eurostat, Production value of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Latvia from 2005 to 2020 (in million euros) Statista, https://www.statista.com/statistics/945948/production-value-manufacturing-pharmaceutical-products-preparations-latvia/ (last visited November 03, 2024)
Production value of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Latvia from 2005 to 2020 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/945948/production-value-manufacturing-pharmaceutical-products-preparations-latvia/