Foreign Reserves, Months Import Cover, Goods in Latvia
Latvia: Foreign Reserves, Months Import Cover, Goods was 0.2389 in 2016. ▼ Falling
Foreign Reserves, Months Import Cover, Goods in Latvia, 2000–2016
Source: World Bank staff calculations based on Datastream data.
Analysis
In 2016, foreign reserves, months import cover, goods in Latvia stood at 0.2389.
That represents a change of up 3.6% on the previous year and down 37.8% over ten years.
Over the whole period, foreign reserves, months import cover, goods in Latvia peaked at 0.7103 in 2009 and was at its lowest, 0.1737, in 2014.
That places Latvia 83rd out of 116 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Foreign Reserves, Months Import Cover, Goods in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.3397 | — |
| 2001 | 0.4132 | +21.6% |
| 2002 | 0.3724 | -9.9% |
| 2003 | 0.3001 | -19.4% |
| 2004 | 0.287 | -4.4% |
| 2005 | 0.2624 | -8.5% |
| 2006 | 0.3839 | +46.3% |
| 2007 | 0.3672 | -4.4% |
| 2008 | 0.3174 | -13.6% |
| 2009 | 0.7103 | +123.8% |
| 2010 | 0.6543 | -7.9% |
| 2011 | 0.3938 | -39.8% |
| 2012 | 0.4424 | +12.3% |
| 2013 | 0.453 | +2.4% |
| 2014 | 0.1737 | -61.7% |
| 2015 | 0.2307 | +32.8% |
| 2016 | 0.2389 | +3.6% |
Latvia compared with similar countries
- Latvia's 0.2389 is above the median for high income countries, which is 0.2389, 1.0× the median. (51 countries reporting)
- Latvia's 0.2389 is above the median for Europe & Central Asia, which is 0.2254, 1.1× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Foreign Reserves, Months Import Cover, Goods in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +123.8% | 0.3174 | 0.7103 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3754 | 0.2624 | 0.7103 | 10 |
| 2010s | 0.3696 | 0.1737 | 0.6543 | 7 |
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 reserves, months import cover, goods in Latvia?
- Foreign reserves, months import cover, goods in Latvia was 0.2389 in 2016, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in Latvia?
- The highest recorded value was 0.7103 in 2009.
- What is the lowest foreign reserves, months import cover, goods recorded in Latvia?
- The lowest recorded value was 0.1737 in 2014.
- How does Latvia rank for foreign reserves, months import cover, goods?
- Latvia ranks 83rd out of 116 countries with data for 2016.
- Is foreign reserves, months import cover, goods rising or falling in Latvia?
- Over the last ten years it is down 37.8%. The long-run trend across the full record is falling.
- Where does this Latvia data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of Foreign Reserves, Months Import Cover, Goods. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The stock of international reserves is expressed as the number of months of financing-coverage it represents for the given country's imports of merchandise goods.