Latvia Light Goods Road Motor Vehicles: Per One Million Units of Current USD GDP

Latvia Light Goods Road Motor Vehicles: Per One Million Units of Current USD GDP data was reported at 1.551 Ratio in 2023. This records a decrease from the previous number of 1.614 Ratio for 2022. Latvia Light Goods Road Motor Vehicles: Per One Million Units of Current USD GDP data is updated yearly, averaging 1.660 Ratio from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 1.959 Ratio in 2015 and a record low of 1.521 Ratio in 2013. Latvia Light Goods Road Motor Vehicles: Per One Million Units of Current USD GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Latvia – Table LV.OECD.ITF: Motor Vehicles Statistics: OECD Member: Annual. [COVERAGE] LIGHT GOODS ROAD VEHICLES A goods road vehicle is a road vehicle designed, exclusively or primarily, to carry goods. It refers to categories N and O of the UN Consolidated Resolution on the Construction of Vehicles. A light goods road vehicle is a goods road vehicle with a gross weight of not more than 3 500 kg, designed, exclusively or primarily, to carry goods. It refers to category N1 of the UN Consolidated Resolution on the Construction of Vehicles. [STAT_CONC_DEF] LIGHT GOODS ROAD VEHICLES The stock of road motor vehicles is the number of road motor vehicles registered at a given date in a country and licenced to use roads open to public traffic. This includes road vehicles exempted from annual taxes or licence fee; it also includes imported second-hand vehicles and other road vehicles according to national practices. It should not include military vehicles.

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