Annual simplified non-financial accounts by institutional sector in Latvia

Latvia: Annual simplified non-financial accounts by institutional sector was 21,667 National currency in 2024. ◆ Volatile

Latest (2024)
21,667 National currency
Change on year
up 8.2%
World rank
9th
of 10 countries
All-time high
21,667 National currency
in 2024
All-time low
1,667 National currency
in 1995
Years of data
30
1995–2024

Annual simplified non-financial accounts by institutional sector in Latvia, 1995–2024

05.0k10.0k15.0k20.0k1995200920241995: 1.7k National currency1996: 2.1k National currency1997: 2.3k National currency1998: 2.6k National currency1999: 2.7k National currency2000: 2.9k National currency2001: 3.1k National currency2002: 3.3k National currency2003: 3.8k National currency2004: 4.4k National currency2005: 5.8k National currency2006: 7.4k National currency2007: 10.4k National currency2008: 12.1k National currency2009: 9.2k National currency2010: 8.1k National currency2011: 8.5k National currency2012: 9.3k National currency2013: 10.0k National currency2014: 10.8k National currency2015: 11.5k National currency2016: 12.1k National currency2017: 13.0k National currency2018: 14.4k National currency2019: 15.4k National currency2020: 15.4k National currency2021: 16.3k National currency2022: 18.3k National currency2023: 20.0k National currency2024: 21.7k National currency

Source: Organisation for Economic Co-operation and Development. Measured in National currency.

Analysis

Latvia recorded 21,667 National currency for annual simplified non-financial accounts by institutional sector in 2024. That is the highest value across all 30 years on record.

The figure is up 8.2% on the previous year and up 101.4% over ten years.

Over the whole period, annual simplified non-financial accounts by institutional sector in Latvia peaked at 21,667 National currency in 2024 and was at its lowest, 1,667 National currency, in 1995.

The series is highly variable year to year, so single readings are best treated with caution.

Annual simplified non-financial accounts by institutional sector in Latvia, year by year

Annual values for Annual simplified non-financial accounts by institutional sector (Revenue) — Compensation of employees in Latvia, 1995 to 2024.
Year National currency Change
1995 1,667 National currency
1996 2,114 National currency +26.8%
1997 2,349 National currency +11.1%
1998 2,550 National currency +8.6%
1999 2,718 National currency +6.6%
2000 2,896 National currency +6.5%
2001 3,095 National currency +6.9%
2002 3,331 National currency +7.6%
2003 3,807 National currency +14.3%
2004 4,401 National currency +15.6%
2005 5,769 National currency +31.1%
2006 7,437 National currency +28.9%
2007 10,360 National currency +39.3%
2008 12,124 National currency +17.0%
2009 9,232 National currency -23.9%
2010 8,141 National currency -11.8%
2011 8,504 National currency +4.5%
2012 9,268 National currency +9.0%
2013 9,971 National currency +7.6%
2014 10,758 National currency +7.9%
2015 11,513 National currency +7.0%
2016 12,127 National currency +5.3%
2017 12,985 National currency +7.1%
2018 14,362 National currency +10.6%
2019 15,438 National currency +7.5%
2020 15,422 National currency -0.1%
2021 16,264 National currency +5.5%
2022 18,257 National currency +12.3%
2023 20,030 National currency +9.7%
2024 21,667 National currency +8.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,280 National currency 1,667 National currency 2,718 National currency 5
2000s 6,245 National currency 2,896 National currency 12,124 National currency 10
2010s 11,307 National currency 8,141 National currency 15,438 National currency 10
2020s 18,328 National currency 15,422 National currency 21,667 National currency 5

Countries ranked near Latvia

  1. 6 Netherlands 547,099 National currency compare
  2. 6 Hungary 36.58 million National currency compare
  3. 7 Lithuania 39,025 National currency compare
  4. 7 Costa Rica 16.98 million National currency compare
  5. 8 Slovenia 35,145 National currency compare
  6. 8 United States 15.03 million National currency compare
  7. 9 Mexico 10.04 million National currency compare
  8. 10 Estonia 20,399 National currency compare
  9. 10 Czechia 3.75 million National currency compare
  10. 11 Brazil 3.54 million National currency compare
  11. 12 South Africa 3.46 million National currency compare

See the full ranking of 46 places →

More reference data data for Latvia

All data for Latvia →

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 21,667 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 21,667 National currency in 2024.
What is the lowest annual simplified non-financial accounts by institutional sector recorded in Latvia?
The lowest recorded value was 1,667 National currency in 1995.
How does Latvia rank for annual simplified non-financial accounts by institutional sector?
Latvia ranks 9th out of 10 countries 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 up 101.4%. 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 (Revenue) — Compensation of employees. Statizoid updates them automatically from the source API.

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Annual simplified non-financial accounts by institutional sector in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/annual-simplified-non-financial-accounts-by-institutional-sector-revenue-compensation-of/latvia-2/

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About this data

Indicator
Annual simplified non-financial accounts by institutional sector (Revenue) — Compensation of employees
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
46 places, 1,499 data points, 1950–2025
Last refreshed

This table presents the Revenue (or Resources) 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 (Expenditure) 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