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Latvia Key Figures

Population:
1.87 million
GDP growth rate:
-0.4 %/year
Energy independence:
76.1%

Data of the last year available: 2024

Total consumption/GDP:*
83.1 (2015=100)
CO2 Emissions:
3.24 tCO2/cap
Rate of T&D power losses:
9.63%

* at purchasing power parity

View all macro and energy indicators in the Latvia energy report

Latvia Energy 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

Latvia Total Energy Production & Consumption

Energy consumption per capita is 2.3 toe, including 3 600 kWh of electricity, i.e. around 19% below the EU average (2024).

Graph: Primary Consumption Trends by Energy Source (Mtoe)

Since 2011, total energy consumption has fluctuated around 4.3 Mtoe (4.2 Mtoe in 2024).

Source: Latvia energy report

Interactive Chart Latvia Total Energy Production & Consumption

Source: Global Energy & CO2 data

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

Latvia Oil Production & Consumption

Latvia does not have a refinery. It imports all its refined products by rail and pipeline from the Lithuanian refinery of Mazeikiai and Finland. Oil product imports have increased by 6.7%/year since 2021 (2.3 Mt in 2024), after dipping by 7%/year between 2016 and 2021; imports in 2023 mainly came from Lithuania (50%), followed by Russia (20%) and Finland (=17%).

Graph: Petroleum Products Production & Consumption (Mt)

Source: Latvia energy report

Interactive Chart Latvia Crude Oil Production & Consumption

Source: Global Energy & CO2 data

Interactive Chart Latvia Refined Oil Products Production & Consumption

Source: Global Energy & CO2 data

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

Latvia Natural Gas Production & Consumption

All gas is imported. Before a sharp -10%/year since 2021 to reach 0.9 bcm in 2024, imports had been fluctuating between 1.4 bcm in 2015 and 1.1 bcm in 2021. They fell by 44% in 2014 due to warm temperatures, but soared (+38%) in 2015, owing to a rising demand from the power sector and to lower extractions from the Inčukalns gas storage.

With the ban on Russian gas imports starting in January 2023, Lithuania has become the main gas supplier, accounting for nearly 100% of imports in 2023.

Source: Latvia energy report

Interactive Chart Latvia Gas Production & Consumption

Source: Global Energy & CO2 data

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

Latvia Coal and Lignite Production & Consumption

Coal and lignite consumption has fallen steadily since 2010 by 15%/year, after a tenfold decrease between 1990 and 2004 (reduced use for CHP and heat plants). It is now marginal in Latvia's energy mix (less than 1% and 27 kt in 2024).

Graph: Coal Production & Consumption (Mt)

Source: Latvia energy report

Interactive Chart Latvia Coal and Lignite Production & Consumption

Source: Global Energy & CO2 data

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

Latvia Renewable in % Electricity Production

The NECP (2024) raised the share of renewables in the final energy consumption to 61% in 2030, including 73% for heat, 65% for buildings, and 29% for transport. These targets should be easily reached as, in 2023, the share of renewables was 43.2% (of which 54.3% for electricity, 61.4% for heat, and 1.4% in transport).

Latvia exceeded by 5 pp the target set by the European Directive for a 40% share of renewables in 2020 in the final consumption.

Source: Latvia energy report

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

Source: Global Energy & CO2 data

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

Latvia GHG emissions and CO2 emissions

The final version of NECP (2024) plans for a reduction of 59% by 2030 compared to 1990, including a 20.5% cut in emissions from non-ETS activities by 2030 (compared to 2005). In its NDC (2023), Latvia stated an objective of reducing GHG emissions by 17% in 2030 compared to 2005 levels.

Source: Latvia energy report

Interactive Chart Latvia CO2 emissions

Source: Global Energy & CO2 data

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