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 151 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
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$, in 1995.
Latvia ranks 82nd of 151 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign liabilities in Latvia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 2.05 billion current US$ | — |
| 1996 | 2.78 billion current US$ | +35.5% |
| 1997 | 3.74 billion current US$ | +34.2% |
| 1998 | 4.30 billion current US$ | +15.0% |
| 1999 | 5.17 billion current US$ | +20.3% |
| 2000 | 5.05 billion current US$ | -2.3% |
| 2001 | 5.88 billion current US$ | +16.3% |
| 2002 | 8.17 billion current US$ | +39.0% |
| 2003 | 11.69 billion current US$ | +43.0% |
| 2004 | 17.09 billion current US$ | +46.2% |
| 2005 | 19.22 billion current US$ | +12.5% |
| 2006 | 30.09 billion current US$ | +56.6% |
| 2007 | 48.73 billion current US$ | +61.9% |
| 2008 | 51.05 billion current US$ | +4.8% |
| 2009 | 51.71 billion current US$ | +1.3% |
| 2010 | 50.47 billion current US$ | -2.4% |
| 2011 | 49.40 billion current US$ | -2.1% |
| 2012 | 50.96 billion current US$ | +3.2% |
| 2013 | 54.93 billion current US$ | +7.8% |
| 2014 | 54.04 billion current US$ | -1.6% |
| 2015 | 50.76 billion current US$ | -6.1% |
| 2016 | 51.35 billion current US$ | +1.2% |
| 2017 | 61.41 billion current US$ | +19.6% |
| 2018 | 55.85 billion current US$ | -9.0% |
| 2019 | 55.33 billion current US$ | -0.9% |
| 2020 | 62.39 billion current US$ | +12.8% |
Latvia compared with similar countries
- Latvia's 62.39 billion current US$ is below the median for high income countries, which is 626.48 billion current US$, 10% of the median. (51 countries reporting)
- Latvia's 62.39 billion current US$ is below the median for Europe & Central Asia, which is 237.27 billion current US$, 26% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.61 billion current US$ | 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
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 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 151 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).