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 149 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

10.0B20.0B30.0B40.0B50.0B1995200720201995: 5.2B real chained 2019 US$1996: 5.4B real chained 2019 US$1997: 7.0B real chained 2019 US$1998: 6.3B real chained 2019 US$1999: 6.6B real chained 2019 US$2000: 6.4B real chained 2019 US$2001: 7.0B real chained 2019 US$2002: 8.9B real chained 2019 US$2003: 12.1B real chained 2019 US$2004: 16.4B real chained 2019 US$2005: 16.3B real chained 2019 US$2006: 23.3B real chained 2019 US$2007: 35.1B real chained 2019 US$2008: 29.9B real chained 2019 US$2009: 32.3B real chained 2019 US$2010: 33.1B real chained 2019 US$2011: 30.9B real chained 2019 US$2012: 33.5B real chained 2019 US$2013: 36.4B real chained 2019 US$2014: 38.5B real chained 2019 US$2015: 37.5B real chained 2019 US$2016: 39.7B real chained 2019 US$2017: 46.9B real chained 2019 US$2018: 41.6B real chained 2019 US$2019: 41.1B real chained 2019 US$2020: 49.2B real chained 2019 US$

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 149 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 68 Morocco 53.23 billion real chained 2019 US$ compare
  2. 69 Bangladesh 51.43 billion real chained 2019 US$ compare
  3. 70 Croatia 50.16 billion real chained 2019 US$ compare
  4. 72 Azerbaijan 47.95 billion real chained 2019 US$ compare
  5. 73 Lebanon 39.80 billion real chained 2019 US$ compare
  6. 74 Costa Rica 36.30 billion real chained 2019 US$ compare

See the full ranking of 150 places →

More reference data data for Latvia

All data for Latvia →

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 149 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

Indicator
Foreign assets (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
150 places, 3,820 data points, 1995–2020
Last refreshed

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.