Annual simplified non-financial accounts by institutional sector in Latvia
Latvia: Annual simplified non-financial accounts by institutional sector was -638.35 National currency in 2024. ◆ Volatile
Annual simplified non-financial accounts by institutional sector in Latvia, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual simplified non-financial accounts by institutional sector in Latvia stood at -638.35 National currency. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 369.9% on the previous year and down 376.9% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Latvia peaked at 1,194 National currency in 2007 and was at its lowest, -638.35 National currency, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 87.03 National currency | -20.31 National currency | 197.85 National currency | 5 |
| 2000s | 516.39 National currency | -15.3 National currency | 1,194 National currency | 10 |
| 2010s | 303.94 National currency | 68.14 National currency | 580.14 National currency | 10 |
| 2020s | 139.18 National currency | -638.35 National currency | 899.4 National currency | 5 |
Countries ranked near Latvia
- 2 Russia 1.78 million National currency compare
- 3 China (People’s Republic of) 873,996 National currency compare
- 4 Hungary 266,690 National currency compare
- 5 Brazil 144,558 National currency compare
- 6 Germany 64,963 National currency compare
- 7 United States 53,546 National currency compare
- 8 Mexico 47,278 National currency compare
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Frequently asked questions
- What is annual simplified non-financial accounts by institutional sector in Latvia?
- Annual simplified non-financial accounts by institutional sector in Latvia was -638.35 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Latvia?
- The highest recorded value was 1,194 National currency in 2007.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Latvia?
- The lowest recorded value was -638.35 National currency in 2024.
- How does Latvia rank for annual simplified non-financial accounts by institutional sector?
- Latvia ranks 5th out of 7 regions with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Latvia?
- Over the last ten years it is down 376.9%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual simplified non-financial accounts by institutional sector (Expenditure) — Changes in inventories. Statizoid updates them automatically from the source API.
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About this data
This table presents the Expenditure (or Uses) lines, not including the balancing items, for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Revenue)’ and ‘Annual simplified non-financial accounts by institutional sector (Balancing items)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 dataset. See ANA Changes for information on changes in methodology: ANA Changes. Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org