Key Market Indicators
Latvia's Agricultural GDP is projected to rise to $649.5 Million by 2026, up from $601.2 Million in 2021. This represents an average annual growth rate of 1.2%. Since 2000, Latvian market has grown by 5% year on year. In 2021, Latvia was ranked 59th, with Bosnia and Herzegovina ahead of them at $601.2 Million. The USA, Nigeria and Pakistan came in 2nd, 3rd and 4th respectively. Latvia's Agricultural Production is projected to reach $1.4 Billion by 2026 from $1.3 Billion in 2021, growing at a CAGR of 0.8% year on year. Since 1997, Latvian supply has grown by 3.3% year on year.