Foreign assets per capita in Latvia
Latvia: Foreign assets per capita was 25,885 real chained 2019 US$ in 2020. ◆ Volatile
Foreign assets per capita in Latvia, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
Latvia recorded 25,885 real chained 2019 US$ for foreign assets per capita in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 20.5% on the previous year and up 63.8% over ten years.
Over the whole period, foreign assets per capita in Latvia peaked at 25,885 real chained 2019 US$ in 2020 and was at its lowest, 2,110 real chained 2019 US$, in 1995.
That places Latvia 38th out of 150 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign assets per capita in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 2,110 real chained 2019 US$ | — |
| 1996 | 2,218 real chained 2019 US$ | +5.1% |
| 1997 | 2,869 real chained 2019 US$ | +29.4% |
| 1998 | 2,604 real chained 2019 US$ | -9.2% |
| 1999 | 2,768 real chained 2019 US$ | +6.3% |
| 2000 | 2,723 real chained 2019 US$ | -1.6% |
| 2001 | 2,979 real chained 2019 US$ | +9.4% |
| 2002 | 3,859 real chained 2019 US$ | +29.5% |
| 2003 | 5,306 real chained 2019 US$ | +37.5% |
| 2004 | 7,226 real chained 2019 US$ | +36.2% |
| 2005 | 7,302 real chained 2019 US$ | +1.1% |
| 2006 | 10,508 real chained 2019 US$ | +43.9% |
| 2007 | 15,944 real chained 2019 US$ | +51.7% |
| 2008 | 13,710 real chained 2019 US$ | -14.0% |
| 2009 | 15,079 real chained 2019 US$ | +10.0% |
| 2010 | 15,800 real chained 2019 US$ | +4.8% |
| 2011 | 15,022 real chained 2019 US$ | -4.9% |
| 2012 | 16,488 real chained 2019 US$ | +9.8% |
| 2013 | 18,080 real chained 2019 US$ | +9.7% |
| 2014 | 19,327 real chained 2019 US$ | +6.9% |
| 2015 | 18,940 real chained 2019 US$ | -2.0% |
| 2016 | 20,258 real chained 2019 US$ | +7.0% |
| 2017 | 24,130 real chained 2019 US$ | +19.1% |
| 2018 | 21,560 real chained 2019 US$ | -10.7% |
| 2019 | 21,477 real chained 2019 US$ | -0.4% |
| 2020 | 25,885 real chained 2019 US$ | +20.5% |
Latvia compared with similar countries
- Latvia's 25,885 real chained 2019 US$ is below the median for high income countries, which is 61,202 real chained 2019 US$, 42% of the median. (51 countries reporting)
- Latvia's 25,885 real chained 2019 US$ is above the median for Europe & Central Asia, which is 25,885 real chained 2019 US$, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,514 real chained 2019 US$ | 2,110 real chained 2019 US$ | 2,869 real chained 2019 US$ | 5 |
| 2000s | 8,463 real chained 2019 US$ | 2,723 real chained 2019 US$ | 15,944 real chained 2019 US$ | 10 |
| 2010s | 19,108 real chained 2019 US$ | 15,022 real chained 2019 US$ | 24,130 real chained 2019 US$ | 10 |
| 2020s | 25,885 real chained 2019 US$ | 25,885 real chained 2019 US$ | 25,885 real chained 2019 US$ | 1 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is foreign assets per capita in Latvia?
- Foreign assets per capita in Latvia was 25,885 real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest foreign assets per capita recorded in Latvia?
- The highest recorded value was 25,885 real chained 2019 US$ in 2020.
- What is the lowest foreign assets per capita recorded in Latvia?
- The lowest recorded value was 2,110 real chained 2019 US$ in 1995.
- How does Latvia rank for foreign assets per capita?
- Latvia ranks 38th out of 150 countries with data for 2020.
- Is foreign assets per capita rising or falling in Latvia?
- Over the last ten years it is up 63.8%. The long-run trend across the full record is volatile.
- Where does this Latvia data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets per capita (real chained 2019 US$). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.