Latvia: manufacture of textiles production value 2020

The production value of the textile manufacturing industry in Latvia decreased by 5.6 million euros (-5.09 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 value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Find more statistics on the textile manufacturing industry in Latvia with key insights such as number of enterprises, turnover, personnel costs, and number of employees.

Production value of the textile manufacturing sector in Latvia from 2011 to 2020 (in million euros)

Characteristic	Production value in million euros
2020	104.4
2019	110
2018	111.9
2017	112.8
2016	104.2
2015	99.3
2014	107.3
2013	107.1
2012	94.3
2011	82

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

March 2023

More information

Region

Latvia

Survey time period

2011 to 2020

Supplementary notes

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 C13 of NACE Rev2.

Citation formats