Latvia: manufacture of pharmaceutical products turnover 2020

In 2020, the turnover of the basic pharmaceutical products and pharmaceutical preparations manufacturing industry in Latvia remained nearly unchanged at around 255.5 million euros. Still, the turnover reached its highest value in the observed period in 2020.

For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.

Turnover of the manufacture for basic pharmaceutical products and pharmaceutical preparations in Latvia from 2005 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020p	255.5
2019	252.9
2018	225.7
2017	210
2016	188.1
2008	125.1
2007	109.1
2006	93.8
2005	72.4

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Release date

February 2022

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Region

Latvia

Survey time period

2005 to 2020

Supplementary notes

p: Provisional value.
Data for the years 2010 to 2012 was not provided by the source.
The source adds the following information: Turnover corresponds to market sales of goods or services supplied to third parties; it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced to its customer; it also includes all other charges - transport, packaging, etc.
Data coverage corresponds to code C21 of NACE Rev2.

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