Study supported by the Forest Development fund (agreement No. 10.9.1-11/22/2984-e)
The task of the scientific study is to calculate the value of Latvia's forests at the end of 2021, separating the value of wood and forest land separately, for the calculation of Latvia's gross domestic product. Calculations are made according to the methodology developed in the project "Development of Methodology and Calculations for Annual Forest Value in National Currency" of the Structural Reforms Support Program of the European Commission.