Country profile

Latvia

For Latvia, Rare Context holds 2 assets and rights in 1 class, farmland prices and figures on mine production and reserves. It is the number 2 producer of peat among the 12 countries the USGS lists.

Assets and rights

Each class links to its page for Latvia.

Farmland prices

Latvia: €4,825/ha for arable and €3,642/ha for permanent grassland in 2024.

  • Arable
  • Permanent grassland
01,0002,0003,0004,0005,00020202021202220232024Arable, 2020: €4,182/haArable, 2021: €4,331/haArable, 2022: €4,420/ha (provisional)Arable, 2023: €4,591/haArable, 2024: €4,825/haPermanent grassland, 2020: €2,255/haPermanent grassland, 2021: €2,752/haPermanent grassland, 2022: €3,007/ha (provisional)Permanent grassland, 2023: €3,367/haPermanent grassland, 2024: €3,642/ha
Farmland prices in Latvia. Hover a point for its value; every value is in the table.
YearArablePermanent grassland
20244,8253,642
20234,5913,367
20224,420 p3,007 p
20214,3312,752
20204,1822,255

Values in EUR/ha.

Flagged by the source: p provisional. Unmarked values are final.

Farmland prices in Latvia

Mine production and reserves

1 commodity in the USGS Mineral Commodity Summaries, the ones where Latvia ranks highest first.

CommodityMine production, 2025World rankReserves, 2025World rank
Peat2,000,000 t/year −26%#2 of 12150,000,000 t#7 of 8

World rank among the countries the USGS lists for each commodity, largest first. A percentage is the change on the year before.

Largest owners in Latvia

By number of assets and rights they own, operate or hold here. Grid operators and users are not counted.

Data on this page