Latvia: High tech exports, percent of manufactured exports
* indicates monthly or quarterly data series
| Latvia |
High tech exports, percent of manufactured exports |
|---|---|
| Latest value | 16.39 |
| Year | 2022 |
| Measure | percent |
| Data availability | 2007 - 2022 |
| Average | 14.44 |
| Min - Max | 7.39 - 20.55 |
| Source | The United Nations |
The latest value from 2022 is 16.39 percent, a decline from 16.98 percent in 2021. In comparison, the world average is 10.29 percent, based on data from 137 countries. Historically, the average for Latvia from 2007 to 2022 is 14.44 percent. The minimum value, 7.39 percent, was reached in 2008 while the maximum of 20.55 percent was recorded in 2018.
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Definition: High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Innovation index | 39.73 | 2023 | points |
| Research and development expenditure | 0.74 | 2021 | percent |
| Information technology exports | 8.89 | 2021 | percent |
| High tech exports | 1,920.98 | 2022 | million U.S. dollars |
| High tech exports, percent of manufactured exports | 16.39 | 2022 | percent |
| Patent applications by residents | 104 | 2021 | patent applications |