Industries in Latvia

The industry with the most active companies is “Retail trade” (NACE 47, 14,672), while “Wholesale trade” (NACE 46) paid the most tax in 2024, €2.47 billion. Industries follow the main NACE code VID holds for 133,770 active companies, and turnover comes from 2025 annual reports (updated 24/09/2026).

Industry map

Each tile is a NACE division, and its area is the division’s share of all industries in the chosen measure. Divisions are grouped by section; open a tile for the division’s page.

All industries 133,770 companies in all; a tile’s area is its division’s share

47 Retail trade 14,67211.0%46 Wholesale trade 9,8897.4% 69 Legal and accounting activities 4,2153.2%73 Activities of advertising, market research and public relations 3,3262.5%70 2.3%71 2.3%74 2.0%7275 43 Specialised construction activities 6,6775.0%41 2.5%42 1.0% 16 1.3%25 1.0%31 0.9%10 0.9%33 0.8%14 0.6%3223131820222811263017 68 Real estate activities 11,2328.4% 49 Land transport and transport via pipelines 7,5665.7%52 1.8%53 96 3.2%95 3.1% 81 1.6%77 1.5%82 0.8%797880 62 Computer programming, consulting and related activities 5,2884.0%63 1.1%61 01 2.2%02 Forestry and logging 2,8222.1% 56 Food and beverage service activities 3,6282.7%55 1.2% 93 1.6%90 86 1.8% 85 1.8% 64 1.3%66 59 0.5%58 35 08

Companies: 133,770 active companies with a main NACE code at VID. Employees and taxes: VID data for 2024. Turnover: 2025 annual reports. The larger the division, the darker its tile.

Where the companies are, and where the taxes are

Each NACE section’s share of active companies against its share of the total. Open a section to see its divisions.

Trade 18.4% of companies, 38.2% of taxes (€4.32 billion); its share of taxes is 2.1 times its share of companies

  1. 18.4%
    38.2%
  2. 8.4%
    10.3%
  3. 7.8%
    6.8%
  4. 5.3%
    6.8%
  5. 2.0%
    4.8%
  6. 12.7%
    4.7%
  7. 1.8%
    4.4%
  8. 5.4%
    3.9%
  9. 8.4%
    3.8%
  10. 0.6%
    3.2%
  11. 8.5%
    2.8%
  12. 3.9%
    2.6%
  13. 2.6%
    1.7%
  14. 4.5%
    1.6%
  15. 0.3%
    1.5%
  16. 6.4%
    1.1%
  17. 1.0%
    0.6%
  18. 1.8%
    0.6%
  19. 0.3%
    0.3%
  20. 0.1%
    0.2%

Companies: 133,770 active companies with a main NACE code at VID. Employees and taxes: VID data for 2024. Turnover: 2025 annual reports. “Households” and “International organisations” are left out, under 0.1% of every measure.

Every NACE division

Active companies by main activity, median turnover in 2025 annual reports and taxes paid in 2024.

Every NACE division
NACEDivisionActive companies VAT payers Median turnover 2025, € thousand Taxes paid 2024, € million
A Agriculture, forestry and fishing
01Crop and animal production, hunting and related service activities2,899 66.2% 50 61.1
02Forestry and logging2,822 68.1% 120 102.0
03Fishing and aquaculture282 30.9% 29 15.3
B Mining and quarrying
05Mining of coal and lignite0 – – 0.0
06Extraction of crude petroleum and natural gas1 100.0% – 0.0
07Mining of metal ores– – – –
08Other mining and quarrying328 67.7% 206 37.4
09Mining support service activities23 65.2% 66 0.5
C Manufacturing
10Manufacture of food products1,140 60.0% 159 197.0
11Manufacture of beverages232 59.9% 61 195.0
12Manufacture of tobacco products4 50.0% 75 0.0
13Manufacture of textiles396 52.3% 45 15.7
14Manufacture of wearing apparel819 46.8% 33 27.4
15Manufacture of leather and related products of other materials71 47.9% 31 1.1
16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials1,733 63.4% 182 131.0
17Manufacture of paper and paper products131 74.8% 310 20.9
18Printing and reproduction of recorded media383 64.2% 92 21.4
19Manufacture of coke and refined petroleum products15 66.7% 443 0.0
20Manufacture of chemicals and chemical products308 64.3% 69 26.4
21Manufacture of basic pharmaceutical products and pharmaceutical preparations47 70.2% 740 29.4
22Manufacture of rubber and plastic products261 74.7% 298 29.8
23Manufacture of other non-metallic mineral products502 56.4% 65 69.1
24Manufacture of basic metals38 73.7% 174 4.2
25Manufacture of fabricated metal products, except machinery and equipment1,388 69.2% 139 123.8
26Manufacture of computer, electronic and optical products199 73.4% 112 37.7
27Manufacture of electrical equipment168 67.3% 129 34.2
28Manufacture of machinery and equipment n.e.c.247 70.0% 298 30.7
29Manufacture of motor vehicles, trailers and semi-trailers104 76.9% 163 19.5
30Manufacture of other transport equipment150 56.7% 303 23.6
31Manufacture of furniture1,158 57.3% 57 33.8
32Other manufacturing671 47.8% 38 16.6
33Repair, maintenance and installation of machinery and equipment1,095 63.7% 74 75.3
D Electricity, gas, steam and air conditioning supply
35Electricity, gas, steam and air conditioning supply803 70.2% 152 364.9
E Water supply; sewerage, waste management and remediation activities
36Water collection, treatment and supply115 73.0% 159 53.6
37Sewerage50 72.0% 110 5.8
38Waste collection, recovery and disposal activities196 59.7% 692 106.4
39Remediation activities and other waste management service activities43 62.8% 46 5.6
F Construction
41Construction of residential and non-residential buildings3,345 55.5% 199 83.4
42Civil engineering1,309 70.1% 266 87.1
43Specialised construction activities6,677 56.3% 79 141.0
G Wholesale and retail trade
45Wholesale and retail trade and repair of motor vehicles and motorcycles35 28.6% 8 1.9
46Wholesale trade9,889 68.9% 255 2,474.1
47Retail trade14,672 49.7% 70 1,840.7
H Transportation and storage
49Land transport and transport via pipelines7,566 38.4% 73 323.8
50Water transport130 65.4% 284 11.4
51Air transport43 53.5% 107 60.8
52Warehousing, storage and support activities for transportation2,414 63.2% 137 322.5
53Postal and courier activities235 46.0% 64 49.1
I Accommodation and food service activities
55Accommodation1,646 63.2% 36 60.0
56Food and beverage service activities3,628 49.7% 153 236.6
J Publishing, broadcasting, and content production and distribution activities
58Publishing activities510 56.9% 46 23.6
59Motion picture, video and television programme production, sound recording and music publishing activities701 56.3% 45 12.6
60Programming, broadcasting, news agency and other content distribution activities158 60.8% 47 35.7
K Telecommunication, computer programming, consulting, computing infrastructure, and other information service activities
61Telecommunication362 56.9% 48 178.6
62Computer programming, consulting and related activities5,288 60.7% 61 478.4
63Computing infrastructure, data processing, hosting and other information service activities1,444 43.4% 34 107.5
L Financial and insurance activities
64Financial service activities, except insurance and pension funding1,769 26.8% 61 325.3
65Insurance, reinsurance and pension funding, except compulsory social security43 51.2% 44 64.6
66Activities auxiliary to financial services and insurance activities555 33.3% 71 106.4
M Real estate activities
68Real estate activities11,232 57.1% 48 435.0
N Professional, scientific and technical activities
69Legal and accounting activities4,215 47.0% 36 140.1
70Activities of head offices and management consultancy3,056 51.3% 38 85.8
71Architectural and engineering activities; technical testing and analysis3,043 63.0% 51 124.4
72Scientific research and development392 61.0% 58 9.4
73Activities of advertising, market research and public relations3,326 54.1% 42 114.8
74Other professional, scientific and technical activities2,721 42.9% 29 52.9
75Veterinary activities186 70.4% 151 7.9
O Administrative and support service activities
77Rental and leasing activities2,070 59.2% 38 71.8
78Employment activities569 56.4% 143 77.0
79Travel agency, tour operator and other reservation service and related activities788 45.6% 45 23.0
80Investigation and security activities553 64.2% 123 85.6
81Services to buildings and landscape activities2,167 44.2% 40 96.0
82Office administrative, office support and other business support activities1,070 38.4% 32 89.9
P Public administration and defence; compulsory social security
84Public administration and defence; compulsory social security83 34.9% 48 25.1
Q Education
85Education2,383 28.5% 31 68.8
R Human health and social work activities
86Human health activities2,410 22.2% 129 522.3
87Residential care activities75 20.0% 607 8.9
88Social work activities without accommodation146 19.9% 37 8.7
S Arts, sports and recreation
90Arts creation and performing arts activities1,247 40.8% 33 40.6
91Libraries, archives, museums and other cultural activities54 55.6% 22 2.6
92Gambling and betting activities22 95.5% 7,048 106.5
93Sports activities and amusement and recreation activities2,113 38.6% 33 43.7
T Other service activities
94Activities of membership organisations123 33.3% 32 8.0
95Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles4,154 49.6% 46 88.1
96Personal service activities4,298 22.7% 24 33.5
U Activities of households as employers; undifferentiated goods- and services-producing activities of households for own use
97Activities of households as employers of domestic personnel6 0.0% 23 0.0
98Undifferentiated goods- and services-producing activities of private households for own use27 22.2% 38 0.1
V Activities of extraterritorial organisations and bodies
99Activities of extraterritorial organisations and bodies0 – – –

How the figures are compiled

The industry is the main NACE code VID holds for the company in the newest year of taxes paid. Merchants have one: limited liability companies, joint-stock companies, individual merchants, partnerships and branches of foreign merchants. Farms, associations and foundations are not in the industry counts.

The data mixes NACE Rev. 2.1 codes, used in statistics from 2025, with older NACE Rev. 2 codes. Division numbers mostly match between the two, so the industry is read from the first two digits of the code. Division 45 exists only in Rev. 2.

Turnover is net turnover from the company’s annual report for 2025. Where a company filed both its own report and a consolidated group report, its own is used, and reports filed in thousands of euro are converted to euro. The median and quartiles cover companies with turnover above zero.

The report year is the newest year with at least 90% of the usual number of reports filed, since reports are filed months after the year ends. Some late reports may therefore still be missing.

Taxes paid are VID’s published totals of taxes administered by VID, net of refunds, grouped by the NACE code the company had in each year.

Sources

Fakts compiles these figures from the datasets above, published on data.gov.lv under the CC0 licence. They are not official statistics.

Questions

How is a company’s industry determined?
By the main NACE code the company gave VID, as published in VID’s data on taxes paid. The newest year’s code is used.
Why are farms and associations missing from the industries?
VID publishes a NACE code only for merchants. Farms, associations and foundations have none in this data, so they are not in the industry counts.
What is median turnover?
The turnover half of the industry’s companies exceeded and half fell short of. Unlike the average, a few very large companies do not skew it.
What is the difference between NACE Rev. 2 and Rev. 2.1?
NACE Rev. 2.1 is the revision used in statistics from 2025. Among other changes it moves motor vehicle trade from division 45 into divisions 46 and 47, and splits the information and communication section in two.

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