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Sold production of turned metal parts for machinery and mechanical appliances in Latvia declines in 2017

According to numbers issued by European Commission, the indicator went down by 20.72 percent in 2017. Industrial equipment sold production fell from 13 234 823 Euro to 10 492 482 Euro, in contrast to the previous year when it increased by 82.22%. Latvia saw a raise of 1 683.07% in industrial equipment sold production over the past 15 years. As well as it has attained the compound annual growth rate of 0.02% during the last five years with a modest overall growth since the 2003. It averaged 5 446 435.87 Euro from 2003 to 2017 and it reached its all-time high of 13 234 823 Euro in 2016 and record low of 588 449 Euro in 2003.

Sold production of turned metal parts for machinery and mechanical appliances in Latvia declines in 2017
Date Euro Variation
2017 10 492 482.00 -20.72
2016 13 234 823.00 82.22
2015 7 263 281.00 1.99
2014 7 121 314.00 -23.71
2013 9 334 667.00 36.22
2011 6 852 771.00 16.37
2010 5 888 991.00 55.99
2009 3 775 161.00 -32.42
2008 5 586 141.00 23.31
2007 4 530 206.00 92.31

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