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Export of machinery for making or repairing footwear from Latvia declines in 2016

According to adjusted figures released by United Nations Statistical Office, the variable greatly fell by 98.94% in comparison with the year before. It pinpoints the all-time minimum since 1995 as the indicator declined strongly from 10 500 US Dollar to 111 US Dollar, as it follows the tendency of the prior year when it dropped by 68.92 percent. The overall changes for the previous 22 years reached a decline of 99.63%. Furthermore, it has had a diminution at a 0.69% compound average annual growth rate during the 5 years with a slight overall drop since the 1995. It averaged 65 943.77 US Dollar from 1995 to 2016 and it attained its maximum of 424 029 US Dollar in 1996.

Export of machinery for making or repairing footwear from Latvia declines in 2016
Date US Dollar Variation
2016 111.00 -98.94
2015 10 500.00 -68.92
2014 33 787.00 121.08
2013 15 283.00 -60.45
2012 38 643.00 -48.82
2011 75 501.00 286.15
2010 19 552.00 -81.81
2008 107 509.00 -52.41
2006 225 891.00 3475.36
2004 6 318.00 -86.84

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