LV · 2024 · tespm100
Aggregate replacement ratio
Latvia, 2024
In 2024, Latvia's aggregate replacement ratio decreased by 12.0% compared to 2023, reaching 0.88.
Latvia accounts for 73.3% of the EU-27 total of 1.20.
Latvia ranks 22nd out of 27 EU member states with reported data — in the bottom half of the distribution.
Over the past five years, the indicator has grown by 7.3% (from 0.82 in 2019).
Source: Eurostat dataset tespm100, accessed via the eupublicdata pipeline.