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Latvia Electronics Industry Outlook 2022 - 2026

See how Latvia Electronics performed compared to key markets such as Germany, Italy and France.

Key Market Indicators

Latvian electronics revenue is expected to reach €429.1 million by 2026. This figure is up from €357.2 million in 2021, an average increase of 2.9% year on year. Since 2010, the Latvian market has seen an annual growth rate of 12.6%. In 2021, Latvia ranked 28th in terms of revenue. Lithuania surpassed Latvia at €357.2 million. Italy, France and Poland followed, ranking second, third and fourth respectively.

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Latvia Electronics Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends