Foreign liabilities in Latvia
Latvia: Foreign liabilities was 62.25 billion real chained 2019 US$ in 2020. ◆ Volatile
Latest (2020)
62.25 billion real chained 2019 US$
Change on year
up 12.5%
World rank
80th
of 150 countries
All-time high
67.30 billion real chained 2019 US$
in 2007
All-time low
5.69 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Foreign liabilities in Latvia, 1995–2020
Source: World Bank. Measured in real chained 2019 US$.
Analysis
Latvia recorded 62.25 billion real chained 2019 US$ for foreign liabilities in 2020.
That represents a change of up 12.5% on the previous year and up 5.6% over ten years.
Over the whole period, foreign liabilities in Latvia peaked at 67.30 billion real chained 2019 US$ in 2007 and was at its lowest, 5.69 billion real chained 2019 US$, in 1995.
That places Latvia 80th out of 150 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign liabilities in Latvia, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 5.69 billion real chained 2019 US$ | — |
| 1996 | 6.55 billion real chained 2019 US$ | +15.2% |
| 1997 | 8.11 billion real chained 2019 US$ | +23.8% |
| 1998 | 8.92 billion real chained 2019 US$ | +9.9% |
| 1999 | 10.48 billion real chained 2019 US$ | +17.5% |
| 2000 | 9.98 billion real chained 2019 US$ | -4.8% |
| 2001 | 11.32 billion real chained 2019 US$ | +13.5% |
| 2002 | 15.45 billion real chained 2019 US$ | +36.4% |
| 2003 | 21.46 billion real chained 2019 US$ | +39.0% |
| 2004 | 29.55 billion real chained 2019 US$ | +37.7% |
| 2005 | 31.13 billion real chained 2019 US$ | +5.4% |
| 2006 | 45.75 billion real chained 2019 US$ | +47.0% |
| 2007 | 67.30 billion real chained 2019 US$ | +47.1% |
| 2008 | 61.10 billion real chained 2019 US$ | -9.2% |
| 2009 | 59.77 billion real chained 2019 US$ | -2.2% |
| 2010 | 58.97 billion real chained 2019 US$ | -1.3% |
| 2011 | 55.31 billion real chained 2019 US$ | -6.2% |
| 2012 | 55.80 billion real chained 2019 US$ | +0.9% |
| 2013 | 60.16 billion real chained 2019 US$ | +7.8% |
| 2014 | 58.82 billion real chained 2019 US$ | -2.2% |
| 2015 | 55.16 billion real chained 2019 US$ | -6.2% |
| 2016 | 55.72 billion real chained 2019 US$ | +1.0% |
| 2017 | 64.74 billion real chained 2019 US$ | +16.2% |
| 2018 | 57.43 billion real chained 2019 US$ | -11.3% |
| 2019 | 55.33 billion real chained 2019 US$ | -3.7% |
| 2020 | 62.25 billion real chained 2019 US$ | +12.5% |
Latvia compared with similar countries
- Latvia's 62.25 billion real chained 2019 US$ is below the median for high income countries, which is 606.03 billion real chained 2019 US$, 10% of the median. (51 countries reporting)
- Latvia's 62.25 billion real chained 2019 US$ is below the median for Europe & Central Asia, which is 231.19 billion real chained 2019 US$, 27% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.95 billion real chained 2019 US$ | 5.69 billion real chained 2019 US$ | 10.48 billion real chained 2019 US$ | 5 |
| 2000s | 35.28 billion real chained 2019 US$ | 9.98 billion real chained 2019 US$ | 67.30 billion real chained 2019 US$ | 10 |
| 2010s | 57.74 billion real chained 2019 US$ | 55.16 billion real chained 2019 US$ | 64.74 billion real chained 2019 US$ | 10 |
| 2020s | 62.25 billion real chained 2019 US$ | 62.25 billion real chained 2019 US$ | 62.25 billion real chained 2019 US$ | 1 |
Countries ranked near Latvia
- 77 Azerbaijan 70.60 billion real chained 2019 US$ compare
- 78 Kenya 66.12 billion real chained 2019 US$ compare
- 79 Estonia 62.35 billion real chained 2019 US$ compare
- 81 Angola 60.96 billion real chained 2019 US$ compare
- 82 Ethiopia 58.79 billion real chained 2019 US$ compare
- 83 Sri Lanka 55.18 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 liabilities in Latvia?
- Foreign liabilities in Latvia was 62.25 billion real chained 2019 US$ in 2020, according to the World Bank.
- What is the highest foreign liabilities recorded in Latvia?
- The highest recorded value was 67.30 billion real chained 2019 US$ in 2007.
- What is the lowest foreign liabilities recorded in Latvia?
- The lowest recorded value was 5.69 billion real chained 2019 US$ in 1995.
- How does Latvia rank for foreign liabilities?
- Latvia ranks 80th out of 150 countries with data for 2020.
- Is foreign liabilities rising or falling in Latvia?
- Over the last ten years it is up 5.6%. 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 (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).