Foreign assets in Latvia
Latvia: Foreign assets was 49.19 billion real chained 2019 US$ in 2020. ◆ Volatile
Latest (2020)
49.19 billion real chained 2019 US$
Change on year
up 19.7%
World rank
71st
of 150 countries
All-time high
49.19 billion real chained 2019 US$
in 2020
All-time low
5.24 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Foreign assets 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$.
Analysis
The most recent figure for foreign assets in Latvia is 49.19 billion real chained 2019 US$, measured in 2020. That is the highest value across all 26 years on record.
That represents a change of up 19.7% on the previous year and up 48.4% over ten years.
Over the whole period, foreign assets in Latvia peaked at 49.19 billion real chained 2019 US$ in 2020 and was at its lowest, 5.24 billion real chained 2019 US$, in 1995.
That places Latvia 71st out of 150 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign assets in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 5.24 billion real chained 2019 US$ | — |
| 1996 | 5.45 billion real chained 2019 US$ | +3.9% |
| 1997 | 6.98 billion real chained 2019 US$ | +28.1% |
| 1998 | 6.28 billion real chained 2019 US$ | -10.1% |
| 1999 | 6.62 billion real chained 2019 US$ | +5.4% |
| 2000 | 6.45 billion real chained 2019 US$ | -2.6% |
| 2001 | 6.96 billion real chained 2019 US$ | +8.0% |
| 2002 | 8.91 billion real chained 2019 US$ | +28.0% |
| 2003 | 12.14 billion real chained 2019 US$ | +36.2% |
| 2004 | 16.35 billion real chained 2019 US$ | +34.7% |
| 2005 | 16.35 billion real chained 2019 US$ | -0.0% |
| 2006 | 23.31 billion real chained 2019 US$ | +42.6% |
| 2007 | 35.08 billion real chained 2019 US$ | +50.5% |
| 2008 | 29.85 billion real chained 2019 US$ | -14.9% |
| 2009 | 32.29 billion real chained 2019 US$ | +8.2% |
| 2010 | 33.14 billion real chained 2019 US$ | +2.6% |
| 2011 | 30.94 billion real chained 2019 US$ | -6.6% |
| 2012 | 33.54 billion real chained 2019 US$ | +8.4% |
| 2013 | 36.39 billion real chained 2019 US$ | +8.5% |
| 2014 | 38.53 billion real chained 2019 US$ | +5.9% |
| 2015 | 37.45 billion real chained 2019 US$ | -2.8% |
| 2016 | 39.70 billion real chained 2019 US$ | +6.0% |
| 2017 | 46.87 billion real chained 2019 US$ | +18.1% |
| 2018 | 41.55 billion real chained 2019 US$ | -11.3% |
| 2019 | 41.10 billion real chained 2019 US$ | -1.1% |
| 2020 | 49.19 billion real chained 2019 US$ | +19.7% |
Latvia compared with similar countries
- Latvia's 49.19 billion real chained 2019 US$ is below the median for high income countries, which is 757.71 billion real chained 2019 US$, 6% of the median. (51 countries reporting)
- Latvia's 49.19 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 144.24 billion real chained 2019 US$, 34% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.11 billion real chained 2019 US$ | 5.24 billion real chained 2019 US$ | 6.98 billion real chained 2019 US$ | 5 |
| 2000s | 18.77 billion real chained 2019 US$ | 6.45 billion real chained 2019 US$ | 35.08 billion real chained 2019 US$ | 10 |
| 2010s | 37.92 billion real chained 2019 US$ | 30.94 billion real chained 2019 US$ | 46.87 billion real chained 2019 US$ | 10 |
| 2020s | 49.19 billion real chained 2019 US$ | 49.19 billion real chained 2019 US$ | 49.19 billion real chained 2019 US$ | 1 |
Countries ranked near Latvia
- 68 Morocco 53.23 billion real chained 2019 US$ compare
- 69 Bangladesh 51.43 billion real chained 2019 US$ compare
- 70 Croatia 50.16 billion real chained 2019 US$ compare
- 72 Azerbaijan 47.95 billion real chained 2019 US$ compare
- 73 Lebanon 39.80 billion real chained 2019 US$ compare
- 74 Costa Rica 36.30 billion real chained 2019 US$ compare
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 in Latvia?
- Foreign assets in Latvia was 49.19 billion 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 recorded in Latvia?
- The highest recorded value was 49.19 billion real chained 2019 US$ in 2020.
- What is the lowest foreign assets recorded in Latvia?
- The lowest recorded value was 5.24 billion real chained 2019 US$ in 1995.
- How does Latvia rank for foreign assets?
- Latvia ranks 71st out of 150 countries with data for 2020.
- Is foreign assets rising or falling in Latvia?
- Over the last ten years it is up 48.4%. 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 (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.