Latvia's industrial design applications, resident, by count was 51 in 2024, the latest year in the World Bank's World Development Indicators. That is down 35.44% from 79 in 2014 (4.28% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 51 | 2024 |
| Five years earlier | 124 | 2019 |
| Ten years earlier | 79 | 2014 |
| Highest | 257 | 2008 |
| Lowest | 51 | 2024 |
| Average since 2015 | 112.2 | 2015–2024 |
| First recorded | 257 | 2008 |
What the numbers say
In 2024, Latvia's industrial design applications, resident, by count fell 20.3% on 2023 (from 64 to 51).
Across the 15 yearly changes before that (2009 to 2023), the average change was −5.3% and a typical year strayed about 29% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 72.5% in 2016 and the biggest yearly fall was 40.4% in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 10.4 a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Latvia had the 78th highest value of the 102 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Latvia | 51 | 2024 |
| World | 1.25 million | 2024 |
| Europe & Central Asia | 263,560 | 2024 |
| High income | 317,282 | 2024 |
Closest to Latvia in the 2024 ranking
- North Macedonia — 75th of 102: 65
- Ecuador — 76th of 102: 62
- Azerbaijan — 77th of 102: 56
- Armenia — 79th of 102: 45
- Jamaica — 80th of 102: 45
- Trinidad and Tobago — 81st of 102: 45
What this measures
Industrial design applications are applications to register an industrial design with a national or regional Intellectual Property (IP) offices and designations received by relevant offices through the Hague System. A resident application refers to an application filed with the IP office of, or acting for, the state or jurisdiction in which the first named applicant in the application is resident. Design count is used to render application data for industrial applications across offices comparable, as some offices follow a single-class/single-design filing system while others have a multiple class/design filing system.
Limitations: Data are based on information supplied to World Intellectual Property Organization (WIPO) by IP offices in annual surveys, supplemented by data in national IP office reports. Data may be missing for some offices or periods.
Regional and income-group figures are computed by the World Bank as a sum.
All 17 values
| Year | Industrial design applications, resident, by count |
|---|---|
| 2024 | 51 |
| 2023 | 64 |
| 2022 | 85 |
| 2021 | 84 |
| 2020 | 141 |
| 2019 | 124 |
| 2018 | 154 |
| 2017 | 141 |
| 2016 | 176 |
| 2015 | 102 |
| 2014 |
Industrial design applications, resident, by count in nearby economies
- Armenia — 45 (2024)
- Austria — 290 (2024)
- Azerbaijan — 56 (2024)
- Belarus — 152 (2024)
- Bosnia and Herzegovina — 153 (2024)
- Bulgaria — 485 (2024)
- Croatia — 203 (2024)
- Cyprus — 15 (2024)
- Czechia — 340 (2024)
- Denmark
More infrastructure data for Latvia
- Mobile cellular subscriptions — 2.27 million (2024)
- Mobile cellular subscriptions (per 100 people) — 121.26 (2024)
- Fixed telephone subscriptions — 204,756 (2024)
- Fixed telephone subscriptions (per 100 people) — 10.94 (2024)
- Medium and high-tech exports (% manufactured exports) — 42.05% (2024)
- Patent applications, nonresidents — 3 (2024)
- Patent applications, residents — 84 (2024)
- Air transport, registered carrier departures worldwide — 43,243 (2023)
- Air transport, freight (million ton-km) — 2.37 (2023)
- Air transport, passengers carried
Reading data like this
Questions people ask
- What is Latvia's industrial design applications, resident, by count?
- 51 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2008?
- It is down 80.16% from 257 in 2008 (9.61% a year on average, compounded). The highest value was 257 in 2008 and the lowest 51 in 2024.
- How does Latvia rank?
- 78th highest of 102 economies with data for 2024.
- Is the latest change in industrial design applications, resident, by count unusual for Latvia?
- In 2024, Latvia's industrial design applications, resident, by count fell 20.3% on 2023 (from 64 to 51). Across the 15 yearly changes before that (2009 to 2023), the average change was −5.3% and a typical year strayed about 29% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator IP.IDS.RSCT, licensed CC BY 4.0. Original source: Statistics Database, World Intellectual Property Organization (WIPO), uri: www.wipo.int/ipstats/, note: The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data. Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in