Human capital per capita in Latvia

Latvia: Human capital per capita was 95,696 real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
95,696 real chained 2019 US$
Change on year
up 1.7%
World rank
37th
of 150 countries
All-time high
95,696 real chained 2019 US$
in 2020
All-time low
65,747 real chained 2019 US$
in 1996
Years of data
26
1995–2020

Human capital per capita in Latvia, 1995–2020

020.0k40.0k60.0k80.0k100.0k1995200720201995: 66.6k real chained 2019 US$1996: 65.7k real chained 2019 US$1997: 71.2k real chained 2019 US$1998: 71.6k real chained 2019 US$1999: 71.2k real chained 2019 US$2000: 69.7k real chained 2019 US$2001: 71.7k real chained 2019 US$2002: 74.6k real chained 2019 US$2003: 75.9k real chained 2019 US$2004: 77.5k real chained 2019 US$2005: 79.9k real chained 2019 US$2006: 85.4k real chained 2019 US$2007: 88.2k real chained 2019 US$2008: 88.8k real chained 2019 US$2009: 78.3k real chained 2019 US$2010: 75.8k real chained 2019 US$2011: 79.2k real chained 2019 US$2012: 82.3k real chained 2019 US$2013: 85.1k real chained 2019 US$2014: 86.1k real chained 2019 US$2015: 88.3k real chained 2019 US$2016: 89.2k real chained 2019 US$2017: 90.9k real chained 2019 US$2018: 92.5k real chained 2019 US$2019: 94.1k real chained 2019 US$2020: 95.7k real chained 2019 US$

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

Latvia recorded 95,696 real chained 2019 US$ for human capital per capita in 2020. That is the highest value across all 26 years on record.

That represents a change of up 1.7% on the previous year and up 26.2% over ten years.

Over the whole period, human capital per capita in Latvia peaked at 95,696 real chained 2019 US$ in 2020 and was at its lowest, 65,747 real chained 2019 US$, in 1996.

Latvia ranks 37th of 150 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 69,277 real chained 2019 US$ 65,747 real chained 2019 US$ 71,606 real chained 2019 US$ 5
2000s 79,004 real chained 2019 US$ 69,735 real chained 2019 US$ 88,836 real chained 2019 US$ 10
2010s 86,349 real chained 2019 US$ 75,811 real chained 2019 US$ 94,089 real chained 2019 US$ 10
2020s 95,696 real chained 2019 US$ 95,696 real chained 2019 US$ 95,696 real chained 2019 US$ 1

Countries ranked near Latvia

  1. 34 Chile 105,700 real chained 2019 US$ compare
  2. 35 Lithuania 104,902 real chained 2019 US$ compare
  3. 36 Costa Rica 103,848 real chained 2019 US$ compare
  4. 38 Kuwait 91,949 real chained 2019 US$ compare
  5. 39 Hungary 89,730 real chained 2019 US$ compare
  6. 40 Bahrain 87,957 real chained 2019 US$ compare

See the full ranking of 151 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is human capital per capita in Latvia?
Human capital per capita in Latvia was 95,696 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 human capital per capita recorded in Latvia?
The highest recorded value was 95,696 real chained 2019 US$ in 2020.
What is the lowest human capital per capita recorded in Latvia?
The lowest recorded value was 65,747 real chained 2019 US$ in 1996.
How does Latvia rank for human capital per capita?
Latvia ranks 37th out of 150 countries with data for 2020.
Is human capital per capita rising or falling in Latvia?
Over the last ten years it is up 26.2%. The long-run trend across the full record is rising.
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 Human capital per capita (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
Human capital per capita (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
151 places, 3,885 data points, 1995–2020
Last refreshed

Human capital is computed as the present value of future earnings for the working population over their lifetimes. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.