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Latvia Key Figures

Population:
1.88 million
GDP growth rate:
1.98 %/year
Energy independence:
63.9%

Data of the last year available: 2022

Total consumption/GDP:*
73.6 (2005=100)
CO2 Emissions:
3.33 tCO2/capita
Rate of T&D power losses:
5.36%

* at purchasing power parity

View all macro and energy indicators in the Latvia energy report

Latvia Related Research

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

Total Energy Consumption

Energy consumption per capita is 2.4 toe, including 3 500 kWh of electricity, i.e. around 40% below the EU average (2022).

Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

Since 2011, total energy consumption has fluctuated around 4.3 Mtoe (4.5 Mtoe in 2022), after a slight increase between 2015 and 2018. It declined by 1.5%/year between 2007 and 2015.

Interactive Chart Latvia Total Energy Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Latvia energy report

Crude Oil Production

Latvia does not have a refinery. It imports all its refined products by rail and pipeline from the Lithuanian refinery of Mazeikiai, Russia and Finland. Oil product imports increased to 19% in 2022, after dipping by 7%/year between 2016 and 2021; imports in 2021 mainly came from Lithuania (50%), followed by Russia and Finland (both 20%).

Interactive Chart Latvia Crude Oil Production

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Oil Products Consumption

The demand for oil products recovered slightly since 2012 (+2%/year), reaching 1.5 Mt in 2022. It fell before by 5.3%/year between 2007 and 2012.

Graph: OIL CONSUMPTION (Mt)

Transport accounts for nearly 3/4 of oil product consumption (70% in 2022), the residential-tertiary-agriculture sector for 18% and industry for 11% (including non-energy uses).

Graph: OIL CONSUMPTION BREAKDOWN BY SECTOR (2022, %)

Interactive Chart Latvia Refined Oil Products Production

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Natural Gas Consumption

In 2022, natural gas consumption dropped by 30% to 0.8 bcm, after a 4%/year decline by over 2010-2021. Previously, it grew by 3%/year between 1994 and 2010.

The power sector, which accounted for more than 37% of total gas consumption in 2022, is the main driver of gas demand.

Graph: NATURAL GAS CONSUMPTION (bcm)

Graph: GAS CONSUMPTION BREAKDOWN BY SECTOR (2022, %)

Interactive Chart Latvia Natural Gas Domestic Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on the LNG trade, you can request a sample of our EMEA LNG Trade Dataset

Coal Consumption

Coal and lignite consumption has halved since 2011 (-14%/year between 2011 and 2022) after a tenfold decrease between 1990 and 2004 (reduced use for CHP and heat plants). It is now marginal in Latvia's energy mix (1%, less than 0.1 Mt in 2022).

Graph: COAL CONSUMPTION (Mt)

Industry is the main consumer (80% of the demand in 2020), followed by the residential and services sectors with 13% (2020).

Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2022, %)

Interactive Chart Latvia Coal and Lignite Domestic Consumption

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Latvia energy report

Power Consumption

Electricity consumption dropped by 4% to 6.7 TWh in 2022. It slightly increased between 2013 and 2021). It had previously soared between 2000 and 2007 (+5.7%/year).

Graph: ELECTRICITY CONSUMPTION (TWh)

Services dominate electricity consumption (39%). They are followed by industry (28%), households (26%), and transport 1% (2020).

Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR (2022, %)

Renewable in % Electricity Production

Latvia exceeded by 5 pp the target set by the European Directive for a share of 40% of renewables in the final energy consumption. The Strategy 2030 and NECP raised this share to 50% in 2030, including 60% for electricity, 58% for heat, and 7% for transport (of which 3.5% are advanced biofuels). These targets should be easily reached as, in 2021, the share of renewables was 42.1% (of which 51.4% for electricity, 57.4% for heat, and 6.4% in transport).

Interactive Chart Latvia Share of Renewables in Electricity Production (incl hydro)

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Learn more about renewables in the European Battery Market Analysis

CO2 Fuel Combustion/CO2 Emissions

Latvia issued its NDC in 2015, stating an objective of reducing GHG emissions by 55% for 2030 (compared to 1990 levels). The NECP (2020) sets a higher reduction target of 65% by 2030 compared to 1990, including a 6% cut in emissions from non-ETS activities by 2030 (compared to 2005).

Total GHG emissions (with international aviation) have increased by almost 50% since 2019, reaching 13.1 MtCO2eq in 2021; they fluctuated quite a lot between 2010 and 2019 (10- 12 MtCO2eq).