Foreign liabilities in Latvia

Latvia: Foreign liabilities was 62.39 billion current US$ in 2020. ◆ Volatile

Latest (2020)
62.39 billion current US$
Change on year
up 12.8%
World rank
82nd
of 150 countries
All-time high
62.39 billion current US$
in 2020
All-time low
2.05 billion current US$
in 1995
Years of data
26
1995–2020

Foreign liabilities in Latvia, 1995–2020

020.0B40.0B60.0B1995200720201995: 2.1B current US$1996: 2.8B current US$1997: 3.7B current US$1998: 4.3B current US$1999: 5.2B current US$2000: 5.1B current US$2001: 5.9B current US$2002: 8.2B current US$2003: 11.7B current US$2004: 17.1B current US$2005: 19.2B current US$2006: 30.1B current US$2007: 48.7B current US$2008: 51.1B current US$2009: 51.7B current US$2010: 50.5B current US$2011: 49.4B current US$2012: 51.0B current US$2013: 54.9B current US$2014: 54.0B current US$2015: 50.8B current US$2016: 51.4B current US$2017: 61.4B current US$2018: 55.9B current US$2019: 55.3B current US$2020: 62.4B current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, foreign liabilities in Latvia stood at 62.39 billion current US$. That is the highest value across all 26 years on record.

That represents a change of up 12.8% on the previous year and up 23.6% over ten years.

Over the whole period, foreign liabilities in Latvia peaked at 62.39 billion current US$ in 2020 and was at its lowest, 2.05 billion current US$, in 1995.

Latvia ranks 82nd of 150 countries on this measure, 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 3.61 billion current US$ 2.05 billion current US$ 5.17 billion current US$ 5
2000s 24.87 billion current US$ 5.05 billion current US$ 51.71 billion current US$ 10
2010s 53.45 billion current US$ 49.40 billion current US$ 61.41 billion current US$ 10
2020s 62.39 billion current US$ 62.39 billion current US$ 62.39 billion current US$ 1

Countries ranked near Latvia

  1. 79 Azerbaijan 72.55 billion current US$ compare
  2. 80 Kenya 69.69 billion current US$ compare
  3. 81 Ethiopia 64.31 billion current US$ compare
  4. 83 Estonia 62.08 billion current US$ compare
  5. 84 Sri Lanka 58.57 billion current US$ compare
  6. 85 Cambodia 55.01 billion current US$ compare

See the full ranking of 151 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is foreign liabilities in Latvia?
Foreign liabilities in Latvia was 62.39 billion current US$ in 2020, according to the World Bank.
What is the highest foreign liabilities recorded in Latvia?
The highest recorded value was 62.39 billion current US$ in 2020.
What is the lowest foreign liabilities recorded in Latvia?
The lowest recorded value was 2.05 billion current US$ in 1995.
How does Latvia rank for foreign liabilities?
Latvia ranks 82nd out of 150 countries with data for 2020.
Is foreign liabilities rising or falling in Latvia?
Over the last ten years it is up 23.6%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from the World Bank, published as part of Foreign liabilities (current 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 liabilities (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,851 data points, 1995–2020
Last refreshed